Gilbert and Timothy had been on her mid-deck when the two ships crashed together. They were standing abaft her thick main-mast, with their arms linked. Timothy, watching the ship's onward course and noting the position of the flag-ship, had foreseen the collision.

"Look you," said he, gripping Gilbert's arm more tightly, "we shall strike her. Be ready, master; and if we should founder, cling to me, I implore you." And then, even as he spoke, the two ships crashed together, and the lads were thrown off their feet. Timothy flung his arms around Gilbert and held him. They lay there waiting. They felt the deck trembling beneath them, swaying to and fro.

"We are sinking!" cried Timothy. And for many moments—moments that seemed like hours of suspense—he was silent. Suddenly there was a great breaking of timber. He saw the white foam leaping up over the steep incline of the deck. The tall main-mast swayed over and fell with a crash that was like a crack of thunder. And then all was dark, and he felt himself being drawn below in the vortex with the sinking ship.

Still clinging to his companion, he opened his eyes. The water was all black about him. He moved his legs, trying to force himself upward. Soon he began to rise; the darkness became less dense, it grew from black to dark green, and then to a lighter green, and at last the daylight burst once more upon him. Striking out with his one free arm he kept himself afloat, then disengaged himself from Gilbert and took a fresh hold of the lad, keeping his head up above the water. Gilbert's eyes greeted him with recognition.

"Hold on, hold on to me!" cried Timothy, as a great wave swept over them, carrying with it a huge spar of wreckage.

The spar threatened to fall down upon Gilbert's head, but the waves kept it buoyant. Timothy stretched forth his arm and gripped some floating cordage, and presently drew himself towards the drifting spar, which he found to be the galleon's main-mast.

"Lay hold on't!" he cried. And Gilbert, releasing his grip of Timothy's belt, put his hand upon the mast, and, with infinite trouble and after many failures, at last succeeded in climbing up and getting astride of it, while Timothy, working his way along to its end, also climbed up.

When they were both together again in comparative safety, they looked about them in the hope of saving some of the Spaniards.

"There is one!" cried Gilbert, as he saw a woolly black head appear within a couple of yards of him. "'Tis José, the blackamoor."

And Timothy stretched forth his leg for the negro, who speedily caught it and clambered up. A second and a third man appeared, but both were too far off to be helped, and as neither could swim they were quickly lost to sight.