Mr. Podington looked about him, and, almost under his feet, saw the anchor. He did not instantly comprehend why Buller wanted it thrown overboard, but this was not a time to ask questions. The difficulties imposed by the life-preserver, and the necessity of holding on with one hand, interfered very much with his getting at the anchor and throwing it over the side, but at last he succeeded, and just as the boat threw up her bow as if she were about to jump on shore, the anchor went out and its line shot after it. There was an irregular trembling of the boat as the anchor struggled along the bottom of the canal; then there was a great shock; the boat ran into the bank and stopped; the tow-line was tightened like a guitar-string, and the horse, jerked back with great violence, came tumbling in a heap upon the ground. Instantly Mr. Podington was on the shore and running at the top of his speed toward the horse. The astounded animal had scarcely begun to struggle to his feet when Podington rushed upon him, pressed his head back to the ground, and sat upon it. “Hurrah!” he cried, waving his hat above his head. “Get out, Buller; he is all right now!” Presently Mr. Buller approached, very much shaken up. “All right?” he said. “I don’t call a horse flat in a road with a man on his head all right; but hold him down till we get him loose from my boat. That is the thing to do. William, cast him loose from the boat before you let him up! What will he do when he gets up?” “Oh. he’ll be quiet enough when he gets up,” said Podington. “But if you’ve got a knife you can cut his traces—-I mean that rope—but no, you needn’t. Here comes the boy. We’ll settle this business in very short order now.” When the horse was on his feet, and all connection between the animal and the boat had been severed, Mr. Podington looked at his friend. “Thomas,” said he, “you seem to have had a hard time of it. You have lost your hat and you look as if you had been in a wrestling-match.” “I have,” replied the other; “I wrestled with that tiller and I wonder it didn’t throw me out.” Now approached the boy. “Shall I hitch him on again, sir?” said he. “He’s quiet enough now.” “No,” cried Mr. Buller; “I want no more sailing after a horse, and, besides, we can’t go on the lake with that boat; she has been battered about so much that she must have opened a dozen seams. The best thing we can do is to walk home.” Mr. Podington agreed with his friend that walking home was the best thing they could do. The boat was examined and found to be leaking, but not very badly, and when her mast had been unshipped and everything had been made tight and right on board, she was pulled out of the way of tow-lines and boats, and made fast until she could be sent for from the town. Mr. Buller and Mr. Podington walked back toward the town. They had not gone very far when they met a party of boys, who, upon seeing them, burst into unseemly laughter.