In fact, so much business did these new happenings bring that Jacob Farnum speedily became sensible of the fact that the villagers looked upon the Melvilles with decided favor.

"The Melville crowd are at their new enterprise in real and bustling earnest," remarked Farnum, with an air of uneasiness, to his associate, the inventor.

"I imagine those people can control millions of dollars, if they need that much money," hazarded David Pollard.

"Undoubtedly," nodded the boatbuilder "And, though I am seeking for capital that will come in on terms fair to us, it's mighty uphill work."

This conversation was carried on in young Benson's hearing. Captain Jack turned to them with a laugh, to say: "Wait and see, though, if the exhibition before the newspaper correspondents won't take a lot of wind out of the Melville sails."

"It ought to," nodded the builder, "unless the Melvilles, or some of the experts they're dealing with, are shrewd enough to figure out how you left the boat and returned to it."

"Would you have figured that out, Mr. Farnum, if I hadn't told you?"

"Probably not, Jack. It's one of the things that are too simple to guess at easily."

Passers by the Melville yard were now able to hear the hammering of the riveters daily. It looked as though the new yard must be pushing a submarine boat to rapid completion.

"There hasn't been a launching, anyway, so I don't believe the Melville people will be able to do anything to beat our show to-morrow," remarked Captain Jack, on the night before the day that had been set for the show before the newspaper men.