"Oh, if we could only do something!" cried Tom. "We have to remain here helpless and watch him burn to death. It's awful!"

The three in the boat continued to gaze upward. They could see the man making frantic efforts to reach his parachute from time to time. Once, as a little current of air blew the flames and smoke to one side, he thought he had a chance. Up on the trapeze bar he pulled himself and then edged along it in an endeavor to grasp the ring of the parachute. Once he almost had hold of that and also the cord, which ran to a knife blade. This cord, being pulled, would sever the rope that bound it to the balloon, and he would be comparatively safe, so he might drop to the lake. But, just as he was about to grasp the ring and cord the smoke came swirling down on him and the hungry flames seemed to put out their fiery tongues to devour him. He had to slide back and once more hung by his hands.

"I thought he was saved then," whispered Tom, and even the whisper sounded loud in the silence.

Several men came running along the shore of the lake now. They saw the occupants in the ARROW and cried out:

"Why don't you save him? Go to his rescue!"

"What can we do?" asked Ned quietly of his two friends, but he did not trouble to answer the men on shore, who probably did not know what they were saying.

The motor-boat had drifted from a spot under the unfortunate balloonist, and at a word from his father the young inventor started the engine and steered the craft back directly under the blazing bag again.

"If he does drop, perhaps we may be able to pick him up," said Mr. Swift. "I wish we could save him!"

A cry from Ned startled Tom and his father, and their eyes, that had momentarily been directed away from the burning bag high in the air, were again turned toward it.

"The balloon is falling apart!" exclaimed Ned. "It's all up with him now!"