pirate," flamed Hogan, "to come aboard of me and carry
on like you're doing!"

"I'm no worse'n you, if I am a pirate!" snarled Katz. "Put your hands to
your back. Clancy, get another piece o' that rope and make Hogan's arms
fast."

Clancy put down the satchel and followed his companion's orders.

"Now sit down, Hogan!" snapped Katz,

"What's your scheme?" demanded the captain.

"To put you out o' the runnin'. Drop on the deck. I tell you!"

Katz flourished the revolver, as he spoke. Hogan lowered himself to the
planks on which he was standing, easing his pent-up feelings wrathfully
as he did so.

"Now a half hitch around his legs, Clancy," said Katz, and Clancy came
around with the end of the rope and got the captain's legs in limbo.

"You're a fine pair of grafters!" sneered the irate Hogan. "I hope I
live to manhandle you for this night's work."

Far off across the water could be heard a screech of oars in the locks,
and a faint sound of voices. Hogan, aware that some of his men were
coming from the pier, lifted his voice in a loud roar for help.

Katz, cursing furiously, sprang toward him and drew back his fist to
strike. Clancy caught the arm before it could deal the blow, and saved
the captain from such savage brutality. Katz turned on the motor wizard.

"Oh, you!" he yelped. "I reckon I'm about done with this foolin'. Gi' me
that satchel!"

"I'll keep this," returned Clancy. "The money in it belongs to me."

"Blamed if I care who it belongs to, I'm goin' to have it. Fork over!"
Katz pushed the point of the revolver in Clancy's face. "Fork, I tell
you, or take the consequences."

Clancy dropped the satchel.

CHAPTER XII.

MORE THAN HE BARGAINED FOR.

Yes, Clancy dropped the satchel. It was the only thing for him to do,
under the circumstances. He had discretion as well as bravery.

Besides, Clancy was facing the companionway and Katz had his back to it.
The motor wizard could see something which escaped Katz entirely, and
that was the stealthy advance of Gerald Wynn through the companion
doors.

Wynn would soon be a factor in the situation. There was nothing he could
do which would make the run of events worse than they already were for
Clancy.

What had happened showed the folly of putting any trust in a desperado.
It was through Clancy's efforts that Katz had been freed from his
dangerous predicament in Captain Hogan's bungalow. But Katz did not give
any consideration to that when the