"The governor does not know that I am here," flouts Ben.

"But he would know if I told him," adds M. de Radisson, "and if I told him the Company's captain owned half the ship poaching on the Company's preserve, the Company's captain and the captain's son might go hang for all the furs they'd get! By the Lord, youngster, I rather suspect both the captain and the captain's son would be whipped and hanged for the theft!"

Ben gave a start and looked hard at Radisson. 'Twas the first time, I think, the cub realized that the pawn in so soft-spoken a game was his own neck.

"Go on," he said, with haste and fear in his look. "I promised three terms. You will keep your people from knowing I am here and join me against the English—go on! What next?"

"I'll defend you against the Indians," coolly capped M. Radisson.

Godefroy whispered in my ear that he would not give a pin's purchase for all the furs the New Englander would get; and Ben Gillam looked like a man whose shoe pinches. He hung his head hesitating.

"But if you run up a flag, or fire a gun, or let your people leave the island," warned M. Radisson, "I may let my men come, or tell the English, or join the Indians against you."

Gillam put out his hand.

"It's a treaty," said he.

There and then he would have been glad to see the last of us; but M. Radisson was not the man to miss the chance of seeing a rival's ship.