"Then look to yourself," cried Hargreaves, as he swung his fists. "I'll show you whether a youngster from the poorhouse can do as he likes aboard ship." He came at our hero warily, for there was something about the latter's attitude which spoke of good training in the art of self-defence. Then, as Owen did nothing more than keep him at a distance, he mistook his caution for fear and temerity. He rushed in with big swinging blows, only to retire with stars flashing before his eyes, and a severely cut lip. After that he lost his temper, and for a time Owen had his hands very full. Twice he was caught by a rush and knocked to the ground. But he was on his feet in a moment, facing Hargreaves. When four rounds had been fought the latter was almost exhausted, while his younger and more active antagonist was comparatively fresh. "You have him now," said Simpson, as Owen sat at his corner waiting for the call of time. "Go in and win this time. Give him a good beating, and you will never need to fear trouble from any one again." Our hero followed the instructions to the letter. Hitherto he had allowed his opponent to prance round him, and had only struck when he was sure of being able to reach his antagonist. But now he closed with him, and for a minute beat him round and round the circle, getting in beneath his guard and finally sending him with a crash amidst the audience. "Time!" shouted Simpson. "Dandy, is your man beaten? Does he give in?" There was a sulky nod from the other side, and then a roar of cheering which could be heard on the upper deck. Owen rose from his seat, wiped his face with a towel, and went across to his enemy. "We have had a fair fight and I have won," he said in friendly tones. "You did not understand me before, and perhaps I did not like you. Let this settle our differences, and be friends." There was another shout at that, while Hargreaves lifted his head and smiled. At heart he was a very good fellow, and he was man enough to own that he was beaten. "I behaved badly, Jones," he said, "and you have beaten me handsomely for my treatment of you. I apologise for what I have done, and I will gladly be friends."