As he spoke, Chesty climbed into the big launch and started the engines. They grumbled and refused to act, at first, but finally overcame their reluctance and the boat chug-chugged on its way to the south bay, making such a racket that the owls thought it was defying them and redoubled their frantic screeches.

"Ramon will be certain to hear me coming," reflected the boy as the boat swept on. "He's a clever scoundrel, that Mexican; exceptionally clever; but if he guesses this riddle he's a wizard."

He kept the launch well out from the shore and as it approached the points of rock behind which the yacht lay hidden he set the steering wheel to carry the boat a couple of hundred yards past the entrance to the bay, lashing it firmly in place. Then, while the engines continued their monotonous "chug-chug," he pried the plug out of the bottom of the boat, crept aboard the Salvador's launch and unfastened the rope, cutting the two craft apart. The big launch quickly forged ahead and Chesty sat down and let the smaller boat drift peacefully where it lay.

Ramon Ganza had heard his boat coming, as Chesty had intended he should. Greatly relieved, but still angry with Francisco, he ran as far out upon the point as the rocks would permit and peered through the starlight to catch sight of the approaching launch.

Presently it appeared, making good time, the old engines working steadily and doing their full duty. But it did not turn into the bay, for some extraordinary reason; instead, it kept straight on and headed for some indefinite point out at sea.

"Francisco!" shouted Ganza, in a rage; "Francisco—villain—fool! What are you doing? Wake up, Francisco! The idiot is asleep."

As the precious launch did not halt, the outlaw ran along the shore, following its track and shaking his fist at the perverse Francisco with vengeful energy. Most of his men, attracted by their chief's excitement, left their posts to join him on the shore; the others gazed wonderingly in the direction of the disappearing launch.

Meantime, Chesty Todd cautiously paddled his little boat into the bay, crept to the side of the yacht and uttered a low whistle—the signal agreed upon. Those on board, who had been interested in Ramon's shouts and suspected something was about to happen, lost no time in lowering the davits and Chesty promptly attached the grappling hooks. A few moments later the launch and its occupants were safely on deck and the boy stepped out to be greeted by hearty handshakes and congratulations on his safe return.

"You'll find three prisoners in the launch, Captain Krell," he said. "When you remove their gags they'll protest they are our friends; but I wouldn't trust 'em. Better lock 'em in the cage until this cruel war is over."

"What has become of the Mexican's launch?" asked Mr. Cumberford. "The pirates seem to be having some trouble over it."