Madeline, seated at the table, studied the faces before her curiously, while an amused smile played around her lips. "We cannot accept our enemy's proposition," she announced.

Madeline, seated at the table, studied the faces before her curiously, while an amused smile played around her lips. She knew she was enjoying the scene, and also knew the moment was critical, but no fear of consequences caused her courageous heart to falter an instant.

"We cannot accept our enemy's proposition," she announced. "Ramon Ganza is not the man to abide by any promises he makes, and if once we left the protection of this yacht we would probably be treated with little mercy. It would not save a single life, Uncle Martin, to agree to Ganza's proposal. Threatening and browbeating those weaker than himself seems to be the man's pet recreation and before he left the island he would leave us to our fate, virtual prisoners. It might be years before any ship chanced to sail this way."

"I give you my pledge of honor to send word to your friends where you are," protested Ganza, eagerly.

"As you have no honor, sir, your word has no value. But I have a counter-proposition to suggest which will, I think, satisfy all concerned. Order your men, Ramon Ganza, to lay down their arms and surrender themselves to our keeping and to obey us unreservedly. Then, under command of Captain Krell, all hands must attempt to get the yacht afloat in deep water. When that is accomplished we will take you with us back to the United States and secretly land you in any port you select. Afterward we will not betray you nor attempt to hunt you down. If you need money, I will even supply you with a small sum that will enable you to flee to Europe or South America. That is fair. It is more fair than you deserve. But, if you accept our terms, we will abide by them faithfully."

The Mexican was intensely annoyed.

"No!" he exclaimed, abruptly. "If you cannot trust me, why should I trust you?"

"Because my plan is by far the better way," she rejoined. "If you seek liberty, if you desire to avoid arrest, this plan will surely accomplish your purpose. You cannot prefer prison to assured freedom, and the alternative, if you reject my plan, is simply to explode your mine."