"Yes, he has!" cried Ned. "See, it's hanging to one side of the big bag. He ought to cut loose. He could save himself then. Why doesn't he?"
The balloon was slowly twisting about, gradually settling to the surface of the lake, but all the while the flames were becoming fiercer and the black clouds of smoke increased in size.
"There, see the parachute!" went on Ned.
The twisting of the bag had brought into view the parachute or big, umbrella-shaped bag, which would have enabled the man to safely drop to the surface of the lake. Without it he would have hit the water with such force that he would have been killed as surely as if he had struck the solid earth. But the boys and Mr. Swift also saw something else, and this was that the balloon was on fire on the same side where the parachute was suspended.
"Look! look!" shouted Tom, bringing his boat to a stop. "That's why he can't jump! He can't reach the parachute!"
By this time the balloon had settled so low that the actions of the man could be plainly seen. That he was in great agony of fear, as well as in great pain from the terrific heat over his head was evident. He shifted about on the trapeze bar, now hanging by one hand, so as to bring his body a little farther below the blazing end of the bag, then, when one arm tired, he would hang by the
