"I should say not," agreed Carlos Moranza; "only I'd like to know how we are to prevent it."

"Just you leave it to me, and I'll show you the trick," rejoined the young American.

[!-- [Pg 16] --]

CHAPTER III

So intent were the lads upon their conversation, that they mistook another freight shed for the one beneath which the Mermaid was hidden, and walked a few paces beside it before discovering their error. When they did so, they at once began to retrace their steps, and in turning a corner of the building came plump upon a cloaked figure evidently on their trail.

"Hello! what do you mean, sir, by following us?" cried Carl Baldwin, seizing the stranger's arm as he spoke.

With a muttered oath the man wrenched himself free and darted away, but not before the gleam of a street light had revealed his features to Carlos Moranza.

"The very fellow who tried to force his way into the quarters of the Junta!" he exclaimed, "and more than likely a Spanish spy. It is a narrow escape, my Carol, for if our blunder had not forced us to turn back, he must have discovered the Mermaid. In that case we should indeed have met with trouble."

"Let us hasten, then, before he returns."

"I don't believe he will dare do that. He is too badly scared."