"He's going up!" cried Ned in surprise. "Making an ascent at a time like this, when he ought to stay here to fight the fire! What's gotten into Tom, I'd like to know? I wonder if he can be—"

Ned did not finish his half-formed sentence. A dreadful thought came into his mind. What if the sudden fire, and the threatened danger, as well as the prospective loss that confronted Tom, had affected his mind?

"It certainly looks so," mused Ned, as he saw the big balloon float free from the shed. There was no doubt but that Tom was in it. He could be seen standing within the pilot-house, operating the various wheels and levers that controlled the ship of the air.

"What can he be up to?" marveled Ned. "Is he going to run away from the fire?"

Koku, Eradicate and several others were attracted by the sight of the great dirigible, now a considerable distance up in the air. Certainly it looked as though Tom Swift were running away. Yet Ned knew his chum better than that.

Then, as they watched, Ned and the others saw the direction of the balloon change. She turned around in response to the influence of the rudders and propellers, and was headed straight for the blazing shed, but some distance above it.

"What can he be planning?" wondered Ned.

He did not have long to wait to find out.

An instant later Tom's plan was made clear to his chum. He saw Tom circling over the burning red shed, and then the bank clerk saw what looked like fine rain dropping from the lower part of the balloon straight into the flames.

"He can't be dousing water on from up above there," reasoned Ned. "Pouring water on carbide from a height is just as bad as spurting it on from a hose, though perhaps not so dangerous to the persons doing it. But it can't be—"