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" this is the work of that new deck hand, eh?" cried Captain Barforth, grimly. "A fine piece of business to be in, I must say!"

"Let us see what is on the other side?" suggested Dick. This was done, and they brought up another wire, to the end of which were attached two small anchors and some pieces of scrap steel from the tool room.

"He put those overboard for drag anchors," explained the master of the steam yacht. "He did it to delay the Rainbow."

"Yes, and that was done so the Josephine could get ahead of us," added Dick.

"In that case he must be in league with Sid Merrick," came from Sam.

"Perhaps he met Merrick at Nassau and was hired for this work," said Dick.

"That is possible, Dick. I'll have the truth out