“Ah, but there comes in again a fresh difficulty; or rather a fresh series of difficulties, beginning with what is, in the eye of the law, the ‘owner.’ Let us for a moment take your case. You claim this treasure—if it can be found—as held by you for the original possessor. The original possessor was, I take it, the Pope, who sent it with the Armada, to be used for the conversion or subduing of England. We will take the purpose later, but in the meantime we are agreed that the original owner was Pope Sixtus V. Now, the Popedom is an office, and on the death of one incumbent his successor takes over all his rights and powers and privileges whatever they may be. Thus, the Pope of to-day stands in exactly the same position as did Pope Sixtus V, when he sent through King Philip, and in trust of Bernardino de Escoban the aforesaid treasure.” I felt that the words ‘aforesaid treasure’ sounded very legal; it helped to consolidate even my own ideas as I went along. “So, too, you as the representative of your own family, are in the same position of original trustee as was your great ancestor of which this record takes cognisance.” This too was convincingly legal in sound. “I do not think that British law would recognise your position, or that of your predecessors in the trust, in the same way as it would the continuation of the ownership, if any, on the part of the succession of the Popes. However, for the sake of the argument, let us take it they would be of equal force. If this be so, the claim of ownership and guardianship would be complete.” As I paused, the Spaniard who had been listening to me with pent up breath, breathed more freely. With a graceful movement, which was almost a bow, he said:

“If so that you recognise the continued ownership, and if you speak as the exponent of the British law, wherein then is the difficulty of ownership at all; should it be that the treasure may be found?” Here was the real difficulty of both my own argument and Don Bernardino’s. For my own part, I had not the faintest idea of what the law might be; but I could see easily enough that great issues might be raised for the British side against the Spanish. As I had to ‘bluff’ my opponent to a certain extent, I added the impressions of personal conviction to my manner as I answered:

“Have you considered what you, or rather your predecessors in title and trust, have done to forfeit any rights which you may have had?” He paled and was visibly staggered; it was evident that this view of the question had not entered his mind. The mere suggestion of the matter now opened up for him grave possibilities. His lips grew dry, and it was with a voice hoarser than hitherto that, after a pause, he said:

“Go on!”

“This treasure was sent, in time of war, by the enemies of England, for the purpose of her undoing—that is her undoing from the point of view of the established government of the time. It was in itself an act of war. The very documents that could, or can, prove the original ownership, would serve to prove the hostile intent of such owners in sending it. Remember, that it came in a warship, one of the great Armada built and brought together to attack this country. The owner of the treasure, the Pope, gave it in trust for the cestui que trust, the King of Spain to your ancestor Bernardino de Escoban, as hereditary trustee. Your ancestor himself had the battleship San Cristobal built at his own cost for the King’s service in the war against England. You see, they were all—the individual as well as the nation—hostile to England; and the intention of evil towards that country, what British law calls ‘malice prepense’ or the ‘mens rea’ was manifest in all!” The Spaniard watched me intently; I could see by the darkening of his swarthy face and the agonised contraction of his brows that the argument was striking home to his very heart. The man was so distressed that, enemy as I felt him to be, it was with a pang that I went on:

“It remains to be seen what view the British law would take of your action, or what is the same, that of your predecessor in the trust, in hiding the treasure in the domains of Britain. As a foreigner you would not have, I take it, a right in any case. And certainly, as a foreigner in arms against this country, you would have—could have—no right in either domestic or international law. The right was forfeit on landing from your warship in time of war on British shores!”

There was a long pause. Now that I came to piece out into an argument the scattered fragments of such legal matters as I had been able to learn, and my own ideas on the subject, the resulting argument was stronger than I had at first imagined. A whole host of collateral matters also cropped up. As I was expounding the law, as I saw it, the subject took me away with it:

“This question would then naturally arise: if the forfeiture of the rights of the original owner would confer a right upon the Crown of Britain, standing as it does in such a matter as the ‘remainder man.’ Also whether the forfeited treasure having been hidden, being what the law calls ‘bona vacantia,’ can be acquired by the finder, subject to the law relating to the Royal prerogative. In both the above cases there would arise points of law. In either, for instance, the nature of the treasure might limit the Crown claim as over against an individual claiming rights as finder.”

“How so?” asked Don Bernardino. He was recovering his sang froid, and manifestly was wishful to reassert himself.