At length, satisfied with his efforts, Callaghan desisted, and pointed towards the "Meteor." Although encased in the metal helmet the sub shook his head. The Irishman saw the gesture. Dacres meant to follow the length of airtube, through which the air was still being pumped by the dead man's assistants, who were in ignorance of what had occurred, although the manometer told them that something was amiss.

CHAPTER XXXIII.

NEWS OF DURANGO.

FOR nearly two hundred feet the two divers trudged over the sandy bed, till the airtube rising obliquely towards the surface told them that they were near the end of their quest.

Overhead was a rectangular floating body measuring roughly twenty feet by ten. Dacres had found out enough to identify the craft as a kind of floating store. He remembered having seen it moored in the harbour, but previously there had been nothing to arouse his suspicions.

He touched the Irishman's hand, and pointed towards the now invisible "Meteor." The two men tramped slowly back in the direction of the airship till they came in sight of the corpse of the unfortunate diver and the body of the dead swordfish.

Again Dacres came to a halt. The idea of taking the body of the victim on board flashed across his mind. Perhaps the man might be identified. Taking possession of the dead man's axe he commenced to hew laboriously at the horny substance in the head of the swordfish. It was a lengthy task, but at length the stubborn bone was severed.

"Man, I thought you were done for," exclaimed Vaughan Whittinghame, as soon as Dacres' head-dress was removed. "What has happened?"

The Captain and the crew of the "Meteor" had good cause to think that something terrible had overtaken their comrades, for the water all around was tinged with blood and agitated by the air-bubbles that were still being thrown up through the severed tube.

"We're all right," said the sub. "We caught the fellow fairly in the act of boring holes in the under sheathing."