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THE IRON PIRATE.

our heels, and we can't—we've no oil, not a gallon! And they're taking their ease like fine gentlemen aboard there—the guzzling swine—but I'll stir 'em! You Dick, fire a shot at 'em!"

Dick had just answered him, saying, "Ay, Captain, I'll gie him a wee bit o' iron in his gizzard," when his further words were broken on his lips, for our hands appeared at the ladder of the doomed steamer, and they tumbled into the launch anyhow, flying madly from her side as she plunged to a huge sea, and with one mighty roll went headlong under the surface of the Atlantic. At that moment day broke, and, as the silver light of the dawn spread over the dark of the sea, we saw three ironclads approaching us at all their speed, and then not three miles distant from us. But the launch was at our side, and as Black leant over, and the new light lit up his bloodshot eyes and haggard face, he asked, with hoarseness in his voice—

"Have ye got the oil?"

"Not a drop!" replied the cox.

The strong man reared himself straight up, and he turned to Karl, at his side. In that moment he was really great, and I shall never forget the nonchalance with which he drew another cigar from his case and lighted it. The two men, who had found their calm as the