"WELL, she is smashed this time, sure " exclaimed Jerry Hopkins, to his chums, Ned Slade and Bob Baker. "What's smashed?" asked Ned. "Who's the letter from'?" for Jerry had a slip of paper in his hand. "It isn't a letter. It's a telegram." "A telegram " exclaimed Bob. "What's up, Jerry?" "She's smashed, I tell you. Busted, wrecked, demolished, destroyed, slivered to pieces, all gone " "Who?" "Our motor boat, the Dartaway "