"Come, never mind, we'll race again some day on even terms," said Frank, "but the main business now is to get over to the other side of this channel and get into the boat. We have no power, but we have a bottom under us, and it won't do us any harm to sleep out for one night, I guess."

"It will be a kind of a lark," said Jimmy, but his voice didn't have much enthusiasm in it.

"The only thing that is bothering me," said Frank, "is what mother and father will think, and your mother and father, and Lewis's. They will be crazy thinking that some trouble has come to us."

"Say," said Peters, who, now that he had confessed his sins, took on a brighter mind, "isn't there something in your boat we might pull out and set afire as a kind of a signal? I've no doubt that there are people watching over there on the shore. Couldn't we try it?"

"That's a good idea, Peters," exclaimed Jimmy. "We could yank out some of the boards from the cabin, put a little gasoline on them and have a bonfire here. That would show them on shore where we are and some one could pick us up in a jiffy."

"Good!" said Frank. "We'll do it. It will save a lot of worry for our people if they know we are not drowned. Let's get back and try it." So saying, he turned and made his way down to the edge of the channel which separated them from the boat. The three boys followed him cautiously. It was almost pitch dark now, and the water looked more forbidding than ever.

"I'll lead off," said Frank, "and you fellows follow me. Keep as close in line as you can and look out for the sunken rocks."

Peters was shivering, partly with the cold and partly with terror. It had been a night of peril for him, and he did not have the animal courage of either Frank or Jimmy, or even of Bates, who had scarcely said a word, but followed sullenly behind.

Frank was in the water to his waist now, but suddenly hailed the boat: "Hey, Codfish!"