"Can you see anything of him, Ned?"

"Not a thing, Mr. Damon. Wait—hold on—no! It's only a bird," and the lad lowered the glasses with which he had been sweeping the sky. looking for his chum returning in his airship with the powder.

"He'd better hurry," murmured the foreman. "That dam can't last much longer. The water is rising fast. When it does go out it will go with a rush. Then good-bye to the village of Preston."

"Bless my insurance policy!" cried Mr. Damon. "Don't say such things, my friend."

"But they're true!" insisted the man. "You can see for yourself that the cracks in the dam are getting larger. It will be a big flood when it does come. And I'm not altogether sure that we're safe up here," he added, as he looked down the sides of the hill to where the creek was now rapidly becoming a raging torrent.

"Bless my hat-band!" gasped Mr. Damon. "You—you are getting on my nerves!"

"I don't want to be a calamity howler," went on the foreman; "but we've got to face this thing. We'd better get ready to vamoose if Tom Swift doesn't reach here in time to fire that shot—and he doesn't seem to be in sight."

Once more Ned swept the sky with his glasses. The roar of the water below them could be plainly heard now.

"I wish I could get hold of that rascally German," muttered the foreman. "I'd give him more than a piece of my mind. It will be his fault if the town is destroyed, for Tom's plan would have saved it. I wonder who he can be, anyhow?"

"Some spy," declared Ned. "We've been having trouble right along, you know, and this is part of the game. I have some suspicions, but Tom doesn't agree with me. Certainly the fellow, whatever his object, has made trouble enough this time."