Only one of the boats had been dropped to the tide—to be instantly whirled inside the parting steamer, on the torrent filling her mighty belly, where the latest lurch had laid her widely open.

Grenville ran to the starboard rail for a glance towards the struggle farther forward. There, about the impotent crew, laboring hotly with people, boats and davits no longer adjusted to normal working order, the wildest confusion existed.

A boat that hung out above the sea was filled with screaming beings. Some madman arose and slashed with maniacal fury at the rope of the blocks, to hasten the craft's descent. Of a sudden its bow shot perpendicularly downward, its stern still high in the air. Its cargo dropped out like leaden weights, while the empty shell, like a pendulum, swayed to and fro above the smothered cries.

To join such a throng would be but to choose a larger company in which to perish. Grenville saw that the steamer must presently drop from her rock and sound illimitable depths. This could hardly be delayed for more than ten minutes longer.

A sickening qualm assailed his vitals at the thought of Elaine, doomed to drown thus helplessly, along with himself and the others. He knew that not only were the boats insufficient, but there was no time left to load and launch them!

Then, at length, he remembered the life-raft on the roof. Once more, with his arm supporting Elaine, he clambered up a tilted stairway. The place was deserted. The raft was there—but securely fastened to the planking, fore and aft and at the sides! The ropes that bound it down were thick and doubled!

With his knife the man attacked them desperately. The blade broke out of the handle when one strand only had been severed. His second blade was small and useless for such a labor.

He groaned, for a ghastly tremor was seizing the "Inca" as she hung above some crumbling abyss for a final plunge to the bottom. Then the moonlight gleamed on the carpenter's adze, which had slid down the deck to the railing. He darted upon it like an animal, and, hastening back, swung it with swift and savage blows that severed the ropes like cheese.

"Quick! Quick!" he shouted to Elaine, as he flung the implement from him; and, catching her roughly about the waist, he bore her face downward beside himself, full length upon the raft.

It was already slightly in motion, where the ship was toppling to her grave!