"Ah, yes, there she is; I see her!" exclaimed the skipper.  "Wait until we are abreast of her, and then tack, Mr Galway," he continued.  "No doubt they can see us a great deal more distinctly than we can see them, and if we tack now, they will doubtless do the same, with the result that they will be both to windward and ahead of us.  But if we wait until she gets fairly past us, it will be a point in our favour, because if she stands on we can gradually edge down upon her."