By the light of several lanterns the slack of the hawsers was taken in and the two canoes pinned down so far as the united efforts of all hands would permit. Nothing more could be done till the rising of the tide.

The cradle, its ends marked by long poles to indicate its position at high water, was already run out so far as the lines of the slipway extended, a rope being fastened to it from the windlass ashore.

Anxiously the little group of workers watched the tide rise slowly, inch by inch, up the temporary tide gauge. Sometimes it paused as a "false ebb" in the offing stayed its progress, till at length it crept within a few inches of its predicted height.

"There's enough water now, I fancy," announced Ellerton, "so heave away. Gently does it!"

It was an anxious time. Slowly the two canoes were warped shore wards, guided by a pair of ropes abeam so as to insure the wrecked boat being deposited evenly on the cradle. Already the two outer poles of the cradle were passed, when a slight shock told the salvors that the yawl's forefoot had touched the cradle.

"Avast there!" shouted Ellerton to Terence and Quexo, who were hauling on the shore.

"There's not enough water," exclaimed Andy, with dismay written on his face.

"Ten minutes yet before high water," announced Mr. McKay. "Will she do it, I wonder?"

For answer Ellerton slipped off his clothes and plunged over the side of the canoe. Mr. McKay and Andy could follow his movements as he descended with slow yet powerful strokes, till he disappeared from view beneath the submerged craft. Half a minute later he reappeared, and swam alongside the canoe, into which he was assisted by the eager spectators.

"She'll do it," he announced, when he had recovered his breath. "We are a bit out in our reckoning; her keel is touching the side of the cradle."