Indeed it did seem so, for pieces of the burning canvas, blazing and smoking, were falling in a shower from the part of the bag already consumed, and the fiery particles were fairly raining down on the man. But he still had his wits about him, though his perilous position was enough to make any one lose his mind, and he swung from side to side on the bar, shifting skillfully with his hands and dodging the larger particles of blazing canvas. When some small sparks fell on his clothing he beat them out with one hand, while with the other he clung to the trapeze.

There was scarcely any wind or the man's plight might have been more bearable, for the current of air would have carried the smoke and fire to one side. As it was, most of the smoke and flames went straight up, save now and then, when a draught created by the heat would swirl the black clouds down on the performer, hiding him from sight for a second or two. A breeze would have carried the sparks away instead of letting them fall on him.

Nearer and nearer to the surface of the lake sank the balloon. By this time the crowd on the bank had increased and there were excited opinions as to what was best to do. But the trouble was that little could be done. If the man could hold out until he got near enough to the water to let go he might yet be saved, but this would not be for some time at the present rate the balloon was falling. The performer realized this, and, as the fire was getting hotter, he made another desperate attempt to reach the parachute. It was unavailing and he had to drop back, hanging below the slender bar.

Suddenly there came a puff of wind, fanning the faces of those in the motor-boat, and they looked intently to observe if there was any current as high as was the balloonist. They saw the big bag sway to one side and the flames broke out more fiercely as they caught the draught. The balloon moved slowly down the lake.

"Keep after it, Tom!" urged his father. "We may be able to save him!"

The lad increased the speed of his engine and Ned, who was at the wheel, gave it a little twist. Then, with a suddenness that was startling, the blazing canvas airship began to settle swiftly toward the water. It had lost much of its buoyancy.

"Now he can jump! He's near enough to the water now!" cried Tom.

But a new danger arose. True, the balloon was rapidly approaching the surface of the lake and in a few seconds more would be within such a short distance that a leap would not be fatal. But the burning bag was coming straight down and scarcely would the man be in the water ere the fiery canvas mass would be on top of him.

In such an event he would either be burned to death or so held down that drowning must quickly follow.

"If there was only wind enough to carry the balloon beyond him after he jumped he could do it safely!" cried Ned.