Under the excitement of the moment the boys scarcely felt the weight of the heavily laden canoes. They carried them, one at a time, up a sloping bank, and then down through the bushes to the water.

When they embarked, and paddled out through the quiet shallows to the swift channel in midstream, the wind had nearly subsided and the rain was falling in a desultory fashion which promised only a brief continuance. In fact stars were visible here and there through rifts in the black clouds. The storm seemed to have gone off in another direction.

A short distance below the dam the water became very sluggish, and the boys knew that if Nugget was ahead of them they must speedily overtake him. So they paddled hard, forgetful of weariness and hunger, and at frequent intervals shouted loudly and called their companion by name.

The lanterns were exposed to view so that Nugget could not fail to see the light if he was anywhere near.

For half an hour the three heartsick lads paddled on steadily, and in that time hardly a word was exchanged. They were in no mood for conversation.

Finally the track of yellow light which shone ahead from Ned's bullseye revealed a bit of an island in mid-channel—a strip of gravel and reeds, with a few stunted bushes growing in the center.

Ned drove the Pioneer on the upper point and stepped out. His companions did the same, and Randy asked wearily: "What are you going to do here?"

"Wait for daylight," said Ned. "It's the only thing we can do. We are a good mile and a half below the dam, and if the canoe was drifting in that sluggish water, we passed it long ago. It has probably lodged on some bar, or along the shore, and will be found in the morning."

"Then you think that Nugget is—is drowned?" asked Clay huskily.

Ned stooped and pulled the canoe up on the bar.