Splash! Without a word as to his intentions Hal Hastings went overboard. His head showed above the waves almost immediately, as he swam toward that other craft of mystery.

Jack Benson did not immediately reappear. When he did come up, it was under the over turned hull. He was obliged to make a half-dive in order to come out and up in the open.

By the time he did appear, his chum was close to him.

"Hurt?" hailed Hal.

"Not a bit," responded Jack, after blowing out a mouthful of water.

"Then climb aboard with me, and see what these prize lunatics mean by their behavior," requested Hal, not caring who heard him.

The sulky young man made no effort to oppose their boarding the hull. Probably he feared to make too plain an opposition, with that dark-hulled, sombre, ugly-looking submarine torpedo boat lying so close at hand.

"Now, heave us a line, Eph!" hailed Hal. The line came, and was caught. Hal slipped over the further side with it, vanishing under water long enough to make it fast to one of the submerged cleats of the sloop's rail.

"That will hold," he reported, clambering back on to the bottom of the sloop. "Now, sir," turning to the older man, "since you have a life preserver on, you can easily get over to the submarine boat by holding to the line and pulling yourself along."

"I'm afraid I can't get across and keep my satchel," whined the older man, nervously.