It was an unwise and unnecessary step for both to dive overboard. One would have been sufficient to make for the buoy and push it within reach of the drowning youth. It also left Mr. Graham to manage the yacht single-handed, and, although he was quite capable of so doing, it was a tough proposition to go about, huff, and pick three persons out of the water.

Putting the helm up, the Scoutmaster soon had the yacht under control. Already she had "eaten her way" well to wind'ard of the lad in distress. To go about would mean placing a still greater distance between them. So Mr. Graham still kept the helm hard up, at the same time checking the main-sheet until the Spindrift gybed. Then running to lee'ard he close hauled and lulled up.

By this time, Desmond had reached the life-buoy. Findlay, a quicker and more powerful swimmer, made no effort to get hold of the life-buoy. He saw that the object of his efforts was pretty far gone. Incautiously, Jock made a grab at him, and the next instant the Sea Scout was seized round the neck by the brawny arms of the frenzied youth.

Both went under at once. Findlay, although he had not time to take a deep breath, fortunately retained his presence of mind, and, keeping his arms down and using his feet vigorously, brought himself and the drowning youth to the surface.

But only for a brief instant. The other fellow, gripping like a bear, strove to raise himself out of the water, with the result that Jock went under again. Desmond, marking time with the buoy, hesitated to approach lest he should be entangled in the meshes of this human net. Deciding that something must be done—and that quickly—to avoid a double fatality, the Patrol Leader swam behind the struggling youth, raised the life-buoy, and brought it down heavily upon the latter's head.

Desmond went under in the process, but when he broke surface, the desired result had been obtained. Jock was treading water, holding up the now unconscious lad.

[Illustration: "DROP THAT, AND GIVE IN AT ONCE!" [Page 206]]

"Thanks!" he exclaimed breathlessly, as Desmond pushed the life-buoy to within reach. He could say no more, as he was spluttering and coughing up copious quantities of salt water.