The girl never knew, for even as she watched his progress through the water, and admired his swift and graceful swimming, a dizziness stole over her; her arms relaxed their hold; the friendly plank slipped from beneath her, and she felt herself sinking down, down into the fathomless depths of green water.

It was well that her rescuer was a skillful diver, or our hapless heroine's history must have ended then and there.

But the dauntless swimmer who had gone to her assistance was brave, bold, daring. He redoubled his speed, made a desperate dive beneath the water and reappeared with the form of the exhausted and unconscious girl tightly clasped in one arm.

In the meantime a small boat had been lowered from the yacht, and was coming with rapid strokes to her assistance.

When Irene came to herself again she lay on a pile of blankets upon the deck of the yacht. An anxious group was collected around her, conspicuous among them being one wet and dripping figure whom she instinctively recognized as her gallant preserver.

Irene opened her beautiful eyes, blue as the cerulean vault above, and smiled languidly at the stranger.

The man, who was middle-aged and had the rich, dark, picturesque beauty of the southern climate, started and bent over her. He grew ashy pale beneath his olive skin.

"She recovers," he said, hoarsely. "She will live."

"Clarence, Clarence," cried a thin, peevish, authoritative voice at this moment, "I insist that you shall go and change your wet clothing this moment! You will catch your death of cold standing around here drenched and shivering."

Irene turned her languid eyes and saw a pale, faded, yet rather pretty little woman, clothed in an elegant blue yachting dress with gold buttons. She was looking at Irene's rescuer with a peevish look in her light hazel eyes.