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roused next morning by the feeling rather than the sound of stealthy movements going on not far away. He had not speedily slept after turning in. The novelty of his position, as well as the cramped and somewhat knobby bed made by the locker, and the smell of oils, had made him restless. But most of all the conversation be had had with Hilliard had banished sleep, and he had lain thinking over the adventure to which they had committed themselves, and listening to the little murmurings and gurglings of the water running past the piles and lapping on the woodwork beside his head. The launch kept slightly on the move, swinging a little backwards and forwards in the current as it alternately tightened and slackened its mooring ropes, and occasionally quivering gently as it touched the wharf. Three separate times Merriman had heard the hour chimed by the city clocks, and then at last a delightful drowsiness crept over him, and consciousness had gradually slipped away. But immediately this shuffling had begun, and with a feeling of injury he roused himself to learn the cause. Opening his eyes he found the cabin was full of light from the dancing reflections of sunlit waves on the ceiling, and that Hilliard, dressing on the opposite locker, was the author of the sounds which had disturbed him.

      “Good!” cried the latter cheerily. “You're awake? Quarter to five and a fine day.”

      “Couldn't be,” Merriman returned, stretching himself luxuriously. “I heard it strike two not ten seconds ago.”

      Hilliard laughed.

      “Well, it's time we were under way anyhow,” he declared. “Tide's running out this hour. We'll get a fine lift down to the sea.”

      Merriman got up and peeped out of the porthole above his locker.

      “I suppose you tub over the side?” he inquired. “Lord, what sunlight!”

      “Rather. But I vote we wait an hour or so until we're clear of the town. I fancy the water will be more inviting lower down. We could stop and have a swim, and then we should be ready for breakfast.”

      “Right-o. You get way on her, or whatever you do, and I shall have a shot at clearing up some of the mess you keep here.”

      Hilliard left the cabin, and presently a racketing noise and vibration announced that the engines had been started. This presently subsided into a not unpleasing hum, after which a hail came from forward.

      “Lend a hand to cast off, like a stout fellow.”

      Merriman hurriedly completed his dressing and went on deck, stopping in spite of himself to look around before attending to the ropes. The sun was low down over the opposite bank, and transformed the whole river down to the railway bridge into a sheet of blinding light. Only the southern end of the great structure was visible stretching out of the radiance, as well as the houses on the western bank, but these showed out with incredible sharpness in high lights and dark shadows. From where they were lying they could not see the great curve of the quays, and the town in spite of the brilliancy of the atmosphere looked drab and unattractive.

      “Going to be hot,” Hilliard remarked. “The bow first, if you don't mind.”

      He started the screw, and kept the launch alongside the wharf while Merriman cast off first the bow and then the stern ropes. Then, steering out towards the middle of the river, he swung round and they began to slip rapidly downstream with the current.

      After passing beneath the huge mass of the railway bridge they got a better view of the city, its rather unimposing buildings clustering on the great curve of the river to the left, and with the fine stone bridge over which they had driven on the previous evening stretching across from bank to bank in front of them. Slipping through one of its seventeen arches, they passed the long lines of quays with their attendant shipping, until gradually the houses got thinner and they reached the country beyond.

      About a dozen miles below the town Hilliard shut off the engines, and when the launch had come to rest on the swift current they had a glorious dip—in turn. Then the odor of hot ham mingled in the cabin with those of paraffin and burned petrol, and they had an even more glorious breakfast. Finally the engines were restarted, and they pressed steadily down the ever-widening estuary.

      About nine they got their first glimpse of the sea horizon, and, shortly after, a slight heave gave Merriman a foretaste of what he must soon expect. The sea was like a mill pond, but as they came out from behind the Pointe de Grave they began to feel the effect of the long, slow ocean swell. As soon as he dared Hilliard turned southwards along the coast. This brought the swells abeam, but so large were they in relation to the launch that she hardly rolled, but was raised and lowered bodily on an almost even keel. Though Merriman was not actually ill, he was acutely unhappy and experienced a thrill of thanksgiving when, about five o'clock, they swung round east and entered the estuary of the Lesque.

      “Must go slowly here,” Hilliard explained, as the banks began to draw together. “There's no sailing chart of this river, and we shall have to feel our way up.”

      For some two miles they passed through a belt of sand dunes, great yellow hillocks shaded with dark green where grasses had seized a precarious foothold. Behind these the country grew flatter, and small, blighted-looking shrubs began to appear, all leaning eastwards in witness of the devastating winds which blew in from the sea. Farther on these gave place to stunted trees, and by the time they had gone ten or twelve miles they were in the pine forest. Presently they passed under a girder bridge, carrying the railway from Bordeaux to Bayonne and the south.

      “We can't be far from the mill now,” said Hilliard a little later. “I reckoned it must be about three miles above the railway.”

      They were creeping up very slowly against the current. The engines, running easily, were making only a subdued murmur inaudible at any considerable distance. The stream here was narrow, not more than about a hundred yards across, and the tall, straight-stemmed pines grew down to the water's edge on either side. Already, though it was only seven o'clock, it was growing dusk in the narrow channel, and Hilliard was beginning to consider the question of moorings for the night.

      “We'll go round that next bend,” he decided, “and look for a place to anchor.”

      Some five minutes later they steered close in against a rapidly shelving bit of bank, and silently lowered the anchor some twenty feet from the margin.

      “Jove! I'm glad to have that anchor down,” Hilliard remarked, stretching himself. “Here's eight o'clock, and we've been at it since five this morning. Let's have supper and a pipe, and then we'll discuss our plans.”

      “And what are your plans?” Merriman asked, when an hour later they were lying on their lockers, Hilliard with his pipe and Merriman with a cigar.

      “Tomorrow I thought of going up in the collapsible boat until I came to the works, then landing on the other bank and watching what goes on at the mill. I thought of taking my glass and keeping cover myself. After what you said last night you probably won't care to come, and I was going to suggest that if you cared to fish you would find everything you wanted in that forward locker. In the evening we could meet here and I would tell you if I saw anything INTERESTING.”

      Merriman took his cigar from his lips and sat up on the locker.

      “Look here, old man,” he said, “I'm sorry I was a bit ratty last night. I don't know what came over me. I've been thinking of what you said, and I agree that your view is the right one. I've decided that if you'll have me, I'm in this thing until we're both satisfied there's nothing going to hurt either Miss Coburn or our own country.”

      Hilliard sprang to his feet and held out his hand.

      “Cheers!” he cried. “I'm jolly glad you feel that way. That's all I want to do too. But I can't pretend my motives are altogether disinterested. Just think of the kudos for us both if there should be something.”

      “I shouldn't build too much on it.”

      “I'm not, but there is always the possibility.”

      Next morning the two friends got out the collapsible boat, locked up the launch, and paddling gently up the river until

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