"Jump! Jump!" cried Mr. Swift, leaping to his feet and motioning to the man on the trapeze of the balloon. But it is doubtful whether or not the performer heard him. Certainly he could not see the frantic motions of the inventor. "Why doesn't he jump?" Mr. Swift went on piteously to the two lads. "He'll surely be burned to death if he hangs on there!"

"It's too far to leap!" exclaimed Tom. "He's a good way up in the air, though it looks like only a short distance. He would be killed if he dropped now."

"He ought to have a parachute," added Ned. "Most of those men do when they go up in a balloon. Why doesn't he come down in that? I wonder how the balloon took fire?"

"Maybe he hasn't a parachute," suggested Tom, while he slowed down the motor-boat still more so as to remain very nearly under the blazing balloon.

"Yes, he has!" cried Ned. "See, it's hanging to one side of the big bag. He ought to cut loose. He could save himself then. Why doesn't he?"

The balloon was slowly twisting about, gradually settling to the surface of the lake, but all the while the flames were becoming fiercer and the black clouds of smoke increased in size.

"There, see the parachute!" went on Ned.

The twisting of the bag had brought into view the parachute or big, umbrella-shaped bag, which would have enabled the man to safely drop to the surface of the lake. Without it he would have hit the water with such force that he would have been killed as surely as if he had struck the solid earth. But the boys and Mr. Swift also saw something else, and this was that the balloon was on fire on the same side where the parachute was suspended.

"Look! Look!" shouted Tom, bringing his boat to a stop. "That's why he can't jump! He can't reach the parachute!"

By this time the balloon had settled so low that the actions of the man could be plainly seen. That he was in great agony of fear, as well as in great pain from the terrific heat over his head was evident. He shifted about on the trapeze bar, now hanging by one hand, so as to bring his body a little farther below the blazing end of the bag, then, when one arm tired, he would hang by the other. If the balloon would only come down more quickly it would get to within such a short distance of the water that the man could safely make the drop. But the immense canvas bag was settling so slowly, for it was still very buoyant, that considerable time must elapse before it would be near enough to the water to make it safe for the unfortunate man to let go the trapeze.