The two strange craft were coming along at a great rate, and rising above the horizon very quickly; thus, by the time that Mildmay returned to the deck with his glasses in his hand, the leading ship was almost straight ahead, and had risen sufficiently to show her chart-house above the horizon, and to enable "the skipper" to see that she carried a wheel-house on top of the fore end of it, and a short awning abaft the wheel-house. "Yes," he muttered to himself, "she is a liner, undoubtedly; and an X. and Z. boat at that, unless I am greatly mistaken. Two masts--the mainmast stepped a long way aft; and two funnels amidships, pretty close together--yes; she is an X. and Z.; I'll bet my hat on that. And she is steaming for all she is worth. I can see the `white feather' blowing away from the top of her waste-pipes. Now, is she racing with that other chap; or--is she running away from him?" He turned his binoculars upon the sternmost ship, which was also coming along at a great rate, and gradually lifting above the horizon. About half the length of her masts--two of them--was now showing; and as Mildmay focussed his lenses upon them an ejaculation of astonishment escaped his lips. "A man-o'-war, by the Lord Harry!" he exclaimed. "Yes; there are her upper signal-yards, and her fighting-tops below them, clear enough. By the piper, this is growing interesting indeed. Now, who and what is she? and why is she chasing a British liner?--for she _is_ chasing her, beyond a doubt!" "Well, Mildmay, what do you make of them?" inquired Sir Reginald, as he at this moment stepped out on deck. "I make of it," answered Mildmay, "that the leading ship is an X. and Z. liner steaming for all she is worth; and that the second ship is a man-o'-war--a second-class cruiser, I should say--chasing her!" "The dickens you do!" returned Sir Reginald. "Then what does it mean? Is it not something rather unusual?" "It is so extremely unusual, that I am going to ask your permission to haul up a point or two, presently, that we may investigate the matter," answered Mildmay. "There is only one possible explanation of it; and that is that war has quite suddenly broken out between England and some other Power. And yet that can scarcely be, either; for when we left home everything was quite quiet; the political horizon was as clear as it ever is, and--dashed if I can understand it. But anyhow, Elphinstone, I suppose we are not going to jog quietly along and see a British ship bullied by a foreigner without having a word or two to say about it, are we?" "Not much!" answered Sir Reginald, emphatically, and with a flash of the eye that delighted Mildmay. "I know nothing of these matters," he continued, "or how to proceed; but you do; so take charge, old chap, and give us your orders. We will obey them to the letter, I promise you."