me!"

"He's a pesky varmint!" grunted Hill. "He might 'a' died, there in
Hogan's bungalow, if it hadn't been for Clancy. It was almost the same
as turnin' on the fellow that saved his life. I ain't got no use for
such coyotes."

Clancy sat up on the boat's bottom and looked in the direction of the
_Sylvia._ The yacht's dinghy could be dimly discerned, putting off to
the rescue of the two men in the water.

"I'm in luck to be safe out of that mess!" muttered Clancy. "Where were
you when those four fellows from the _Sylvia_ came down to the pier?"

"We saw that Hogan and Wynn weren't among them," Hill answered, "and so
we didn't interfere. There was a big howl when they couldn't find their
dinghy. They managed to get another boat, though, and put off from the
pier. A little later we heard the commotion on the _Sylvia_ and thought
we'd better get a boat of our own and investigate."

"It's lucky you did," said Clancy. "If you hadn't been close enough to
pick me up, I'd now be in the hands of Hogan and Wynn, along with
Katz--and Hogan and Wynn would have the money. I guess, taking it by and
large, we haven't anything to complain of."

They reached the pier, and made the boat fast to the float from which
Hill and Burton had taken it. The excitement in the bay had not been
heard, and there was no one besides themselves moving about the pier.

Clancy, carrying the water-soaked satchel, slopped and splashed his way
to the street, followed by his two companions. On the sidewalk the motor
wizard paused for a final word with Burton.

"What are you going to do, now that your two pals have passed you up?"
Clancy asked.

"I'll work this diving stunt with Mynie Boltwood," Burton answered, "and
see if I can't get together a bit of a stake."

"Come around to the Bolingbroke in the morning, Burton, and ask for me."

"Changed your mind? Think you'll turn me over to the police, after all?"

"Haven't any such idea. I think you could be decent, if you'd give your
mind to it. What's the matter with turning over a new leaf and trying to
be honest from now on?"

"When I want to hear a sermon," sneered Burton, turning on his heel, "I
know where to go."

Without pausing to hear or to say anything further, he passed rapidly
down the street, and vanished in the night.

"What do you want to see him in the mornin' for?" queried Hill
curiously.

"I'd like to grubstake him," answered Clancy.

"You'd--what?"

The motor wizard repea