"But," said Renshaw, springing to his feet furiously, "you're duped, swindled—betrayed!"

"Young man," said Nott, throwing a certain dignity into his habitual gesture of placing his hands on Renshaw's shoulders, "I bought this yer ship five years ago jist ez she stood for 8,000 dollars. Kalkilatin' wot she cost me in repairs and taxes, and wot she brought me in since then, accordin' to my figgerin', I don't call a clear profit of 15,000 dollars much of a swindle."

"Tell him all," said Rosey, quickly, more alarmed at Renshaw's despairing face than at the news itself. "Tell him everything, Dick—Mr. Renshaw; it may not be too late."

In a voice half choked with passionate indignation Renshaw hurriedly repeated the story of the hidden treasure, and the plot to rescue it, prompted frequently by Rosey's tenacious memory and assisted by Rosey's deft and tactful explanations. But to their surprise the imperturbable countenance of Abner Nott never altered; a slight moisture of kindly paternal tolerance of their extravagance glistened in his little eyes, but nothing more.

"Ef there was a part o' this ship, a plank or a bolt ez I don't know, ez I hevn't touched with my own hand, and looked into with my own eyes, thar might be suthin' in that story. I don't let on to be a sailor like YOU, but ez I know the ship ez a boy knows his first hoss, as a woman knows her first babby, I reckon thar ain't no treasure yer, onless it was brought into the Pontiac last night by them chaps."

"But are you mad! Sleight would not pay three times the value of the ship to-day if he were not positive! And that positive knowledge was gained last night by the villain who broke into the Pontiac—no doubt the Lascar."

"Surely," said Nott, meditatively. "The Lascar! There's suthin' in that. That Lascar I fastened down in the hold last night unbeknownst to you, Mr. Renshaw, and let him out again this morning ekally unbeknownst."

"And you let him carry his information to Sleight—without a word!" said Renshaw, with a sickening sense of Nott's utter fatuity.

"I sent him back with a message to the man he kem from," said Nott, winking both his eyes at Renshaw, significantly, and making signs behind his daughter's back.

Rosey, conscious of her lover's irritation, and more eager to soothe his impatience than from any faith in her suggestion, interfered. "Why not examine the place where he was concealed? he may have left some traces of his search."