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adherents seemed stunned at first. They had been so sure of winning when the two fours swept up to the finish line, with Randall so close to Boxer, that, when victory was snatched from their very grasp, it seemed hard indeed. No one knew what to do, while the victors rested on their oars, justifiable smiles of triumph on their faces.

As for the losers, they hung their heads dejectedly, and that tears of mortification came into their eyes is not to their shame.

Then Tom Parsons found himself, and cried out:

"Three cheers for Boxer Hall! It was a good win!"

"That's right," echoed Sid Henderson.

And the cheers were given, none the less hearty because they came from the defeated side.

"Clear the course!" came the command from the judges' boat, and then came the formal