The girl’s face flushed with excitement. The thing had really startled her, and the two men were ready to agree that it now presented a mask–like visage, more than half submerged, as it swirled about in a chance eddy. That some loungers on a yacht close at hand had also noticed it was made evident by their haste to run down a gangway into a boat fastened alongside.

“After it, Peter!” cried Warden. “It is the lady’s trover by the law of the high seas. Bend your back for the honor of the Nancy. Port a bit—port. Steady all. Keep her there.”

In her eagerness, the girl tried to rise to her feet.

“Sit still, miss,” growled Peter, laboring mightily. “Judging by the position of that other craft, an’ from wot I know of Mr. Warden, there’ll be a devil of a bump in ‘arf a tick.”

“Starboard a point,” cooed Warden, on his knees in the bows. “Steady as she goes.”

Suddenly he sprang upright.

“Hard a–starboard!” he shouted, and leaped overboard.

A yell from the opposing boat, a scream from the girl, a sharp crack as an oar–blade snapped against the sturdy ribs of the dinghy, and the two boats shot past each other, Peter’s prompt obedience to orders having averted a collision.

“My godfather!” he roared, “’e ‘ad to jump for it. But don’t you worry, miss—’e can swim like a herrin’.”

Nevertheless, the girl did worry, as her white face and straining eyes well showed. Peter swung the dinghy about so nimbly that she lost all sense of direction. It seemed as if the laughing Solent had swallowed Warden, and she gazed affrightedly on every side but the right one.