“Where’s that ugly Dutchman a–comin’ to? Quick with a light, Chris, or she’ll be on top of us!”

It was the Emperor’s cruiser–yacht that had so suddenly upset his equanimity. Returning to Cowes after convoying the yacht flotilla, she was now fully a mile away from her usual anchorage. But the Nancy was safe enough. The imperial yacht stopped at a distance of three cables’ lengths, reversed her engines, let go an anchor, and ran up to the chain hawser when the hoarse rattle of its first rush had ceased.

Chris lost no time in producing a lantern, and his father slung it in its proper place.

“It ‘ud be just our luck if we wos run down,” Warden heard him mutter. “That nigger’s phiz we shipped to–day is enough to sink any decent craft, blow me, if it ain’t!”

Warden, whose vigil had not relaxed for an instant, saw that some one was hoisting a masthead light on the Sans Souci. Her starboard light followed, and soon the yellow eyes of a row of closed ports stared at him solemnly across the intervening water. As the principal living–rooms of such a vessel must certainly be the deck saloons, he was more than ever puzzled by the eccentric behavior of her owners. Every other yacht in the roadstead was brilliantly illuminated. The Sans Souci alone seemed to court secrecy.

It has been seen that, in holiday mood, he was a creature of impulse, nor did he lack the audacity of prompt decision when it was called for. He showed both qualities now by hauling the dinghy alongside and stepping into it.

“Goin’ ashore, sir?” cried the surprised Peter.

They kept early hours on board, and Warden’s usual habit was to be asleep by half–past nine when the cutter was at her moorings.

“No. I mean to pay a call. Got a match?”

“Let me take you, sir.”