"I don't know what I'm going to do, until the time comes," Captain Jack answered, quietly. "But I do know one thing I'm going to do, at any and all times—and so are you fellows. You couldn't help it, if you tried."

"What's that?" Hal wanted to know.

"We're going to be as square with Jacob Farnum as he has always been with us. That carries with it the idea of a big lot of loyalty."

"Right!" agreed Hal.

"Of course," nodded Eph, less angrily. "Just as long as Farnum runs the business. But, if other folks get in here and get the control—"

"Of course, we can drop out of this business at any time we want to, provided it wouldn't carry with it disloyalty to the employer who's been mighty good to us," supplied Jack Benson.

"Mr. Farnum sent the boat out, to see if you young men want to go ashore," announced a voice from above.

Within two minutes the three submarine boys were making for the shore. After reporting at the office of the yard, and finding that Mr. Farnum would not want them again that afternoon, the young cronies sauntered off up into the village. At Jack's suggestion they talked no more about the Melvilles for the present. Yet each felt as though a lump of lead lay against his heart.

Though they tried to enjoy themselves in the village, there was too great a weight of dread upon them. It began to look as though all the pleasure of their recent life must fade. Though Don Melville, if he secured command of the "Pollard," might tolerate them aboard, all three knew that they would feel the burden of his cool contempt for them as inferiors. Listlessly, at last, the three submarine boys turned back toward the yard, went aboard, cooked a supper for which they had no appetite, and then waited for turning-in time.

In the next few days there were many signs that Melville intended to find and supply the desired capital for the promotion of the yard's business. Don and his father were much about the place, though they rarely came out to the "Pollard." Business friends of Mr. Melville's also appeared. Finally there came an important looking lawyer and an expert accountant.