When Charley was called four hours later by Harry, he found that there was little change in the weather. The wind was still howling as fiercely as ever, and the sea was at least as heavy as it had been, although the effect of the drag was to break the seas that were sweeping down on the Ghost, so that she really felt them rather less than she had when running before the wind. Charley refilled the lantern, which had nearly burned out, examined the cable and the ring-bolt to which it was fastened to see if he could find any signs of weakness, and then, going aft, sat down and thought over the situation. He felt confident that the gale, which had come up so suddenly and fiercely, would blow itself out in the course of the next twelve hours, and he had little doubt that the boat would live through it. But the morning would certainly find the Ghost far out of sight of land, without a compass, and with only a small supply of food and water. If the sky should be clear, he could judge of the points of the compass by the sun; but it would be impossible to get the gaff on board again, and without it the boat would hardly be able to beat to windward in case the direction of the wind should not change. There was, however, a good chance that some vessel bound to New York would pick the boys up, and perhaps tow in the Ghost. While he felt that the danger of foundering was probably over, Charley could not conceal from himself that the situation was not a very encouraging one, but he never thought of losing his courage; and though he felt the responsibility of his position as the one to whom his young comrades looked for counsel and orders, he was calm and cheerful, for he knew he was doing his duty to the best of his ability.

He did not call Joe, when the latter's turn came to come on deck, for he was anxious to see the sun rise, and he knew that Joe needed sleep.

The sun rose just where he had supposed it would, and a short time afterward the wind perceptibly lessened its violence. At six o'clock he called the other boys, and told them the welcome news that the gale had broken, and that fair weather could not be far off.

"Where does all this water come from?" demanded Harry, as he awoke to find that he was lying in a pool of water. "Did we ship a sea last night after I went to sleep?"

"She may be leaking a little," replied Charley. "Pump her out, somebody, and we'll soon find out if she leaks."

Tom pumped for ten or twelve minutes, and freed the Ghost of water; but before breakfast was over, the water again made its appearance.

"She's sprung a leak sure enough," said Harry.

"The pump throws the water out faster than it comes in," replied Charley, "and that kind of a leak will never sink her. She has strained a little in this sea, but I don't think she will leak any worse than she is leaking now."

But the leak was a more serious matter than the boys supposed that it was. It increased slowly but surely, and by ten o'clock it became necessary to pump the boat out every half-hour.

"Don't be worried about it," Charley said to Joe, who was becoming alarmed at the rapidity with which the water flowed into the Ghost. "If the pump won't keep her free, we can all get to work and bail. A boat that four fellows and a pump couldn't keep afloat would be worse than a sieve."