"I would say that you had purified her of ALL stains of her past—but there may be one that remains. And THAT in most people's eyes would be no detraction. You look puzzled, Miss Nott—but I am coming to the explanation and the end of my story. A ship of war was sent to the island to punish the mutineers and pirates, for such they were, but they could not be found. A private expedition was sent to discover the treasure which they were supposed to have buried, but in vain. About two months ago Mr. Sleight told me one of his shipmates had sent him a Lascar sailor who had to dispose of a valuable secret regarding the Pontiac for a percentage. That secret was that the treasure was never taken by the mutineers out of the Pontiac! They were about to land and bury it when we boarded them. They took advantage of their imprisonment under hatches to BURY IT IN THE SHIP. They hid it in the hold so securely and safely that it was never detected by us or the Callao authorities. I was then asked, as one who knew the vessel, to undertake a private examination of her, with a view of purchasing her from your father without awakening his suspicions. I assented. You have my confession now, Miss Nott. You know my crime. I am at your mercy."
Rosey's arm only tightened around his own. Her eyes sought his. "And you didn't find anything?" she said.
The question sounded so oddly like Sleight's, that Renshaw returned a little stiffly—
"I didn't look."
"Why?" asked Rosey simply.
"Because," stammered Renshaw, with an uneasy consciousness of having exaggerated his sentiment, "it didn't seem honorable; it didn't seem fair to you."
"Oh, you silly! you might have looked and told ME."
"But," said Renshaw, "do you think that would have been fair to Sleight?"
"As fair to him as to us. For, don't you see, it wouldn't belong to any of us. It would belong to the friends or the family of the man who lost it."
"But there were no heirs," said Renshaw. "That was proved by some impostor who pretended to be his brother, and libelled the Pontiac at Callao, but the courts decided he was a lunatic."