“He put it near, perhaps just beside a dangerous sink-hole through which the tidal waters swept under the wall to the open sea. And when he died he left two, and perhaps more, copies of a cryptogram to show where the chest was hidden.

“As you say, Dave Florey, one of the two brothers of this generation of the Jason family, unquestionably got hold of one of the copies. He secured the position of butler at this house on purpose to hunt for and secure the chest. Meanwhile George Florey—we can call him Major Dell, the name he assumed, from now on—got track of the hiding-place of the treasure. The letters show that he had sought for it and traced it from Brazil to Washington, D. C.—at the latter place he possibly consulted old marine records. He evidently had considerable money, and was earning some in questionable ways, and through his acquaintance with Van Hope he got himself invited to this house.

“Here he found his brother. It must have been a disagreeable surprise to him—the fact that you saw him so shaken and seemingly alarmed in the hall would indicate that it was. As the Jason brothers had done before them, these two men hated each other as only brothers can—jealously and terribly. And through some series of events that will never be known, they met that night beside the lagoon.

“George Florey—rather, Major Dell—must have been a thoroughly wicked man. I guess he inherited all of his grandfather Jason’s wickedness—otherwise he wouldn’t have been able to play the part he did. To me it was a dramatic thing—this heritage of wickedness, generation after generation: this blood lust and hatred that was the curse of all his breed. It was Cain and Abel again—the same, old tragic story.

“They met on the lagoon shore, beside the crags, and perhaps Major Dell made an attempt to wrest the copy of the cryptogram from his brother. It’s even possible, but it doesn’t seem likely, that it was the other way ’round. At least, they were working at cross purposes, both of them seemed just about to triumph—and hating each other like two serpents, they came to grips. And here Dell struck a fatal blow—likely with some terrible, hooked instrument that he had brought to grapple for the chest.

“Florey cried out in his death agony and his fear, and Dell was obliged to flee without getting hold of the cryptogram. While the hunt was going on through the gardens, he came back to the body, likely searched the pockets of the victim, and for some reason that can never be exactly known, dragged the body into the lagoon.

“Perhaps he thought the character of the wound would give him away. There’s little doubt that he threw it there with the idea of destroying evidence—at least its presence some way interfered with his plans. And of course before the night was done it had drifted to the sink-hole and through the channel to the open sea.

“Dell likely saw you pick up the script, and that accounts for his presence in your room that night. Meanwhile Nealman and I were working on a copy of it I had found in an old book. The book was the Bible, by the way, and it gave me the first key to the truth. Nealman offered to divide the treasure with me, if he was able to find it. That promise is on paper. It isn’t necessary now, however—and you know why.”

I knew why—well enough. As his niece, Edith inherited all that Grover Nealman left, including this Floridan estate. It was true, however, that his debts just about wiped out all his other possessions.