two o'clock
The river began to be attractive again . And then the sun came out . `` This is going to be some peach of a tide for races , '' said Townsend ; `` it will be good and full after such an all night rain . '' At two o'clock , when the river was about half full , a launch came chugging up from the boat club bringing a flag and the young fellow who was to be posted at the turning point . He planted the flag on its tall standard near the shore and settled down to mind his own business . Pee-wee received him as if he were a foreign ambassador . Our hero was now so intent upon his commercial enterprise that he forgot all about the races except in their commercial aspect .