The lieutenant-commander turned abruptly. He was about to order every gun able to bear upon the pirate submarine to open fire, when he observed that men were leaping overboard in a state of uncontrollable panic. That altered matters. Had the crew of the Alerte been at diving stations, he would not have hesitated to hasten her departure by means of half a dozen high-explosive shells. The fact that the pirates were swimming for dear life in a shark-infested sea, compelled him to stay his hand.

"Away lifeboat's crews!"

To the shrill trill of the bo'sun's mate's whistle the bluejackets rushed to man the boats. The excitement of the chase had vanished; in its place was the whole-hearted eagerness to save life.

The Alerte disappeared with very little noise or commotion. Although the water was considerably disturbed, there was hardly any suction. The swimmers, although impeded by their cumbersome cork lifebelts, had little difficulty in getting clear of her as she submerged.

"What's young Maynebrace doing?" asked the lieutenant-commander as the loud report of a revolver rang out, followed by three shots in rapid succession.

Broadmayne, also attracted by the reports, saw the midshipman in charge of the second cutter standing up in the stern-sheets and firing apparently at some of the swimmers. Apparently several of the pirates thought that they were about to be shot as they swam, for they turned and began to strike out away from the rescuing boats.

There was a wild, almost unearthly shriek. One of the wretched men threw up his arms and disappeared. A patch of blood appeared on the surface over the spot where he had vanished. Again Midshipman Maynebrace fired, his objective being the head of an enormous shark, just as the monster turned on its back to seize another victim.

Right amidst the straggling crowd of swimmers dashed the two boats, their crews engaged between dealing spanking blows with the blades of their oars upon the water, and hauling the terrified pirates over the gunwales.

Cain had revenged himself upon his mutinous crew. Only fifteen escaped the jaws of the ferocious tigers of the deep, and these were almost mad with the horror of the scene.

Among those who fell victims to the sharks was Marchant the gunner. Pengelly, wearing only a shirt and trousers, was one of the survivors. His hair had turned white during his desperate swim.