"Hum!" coughed the man in gray. "That's right, young man—let me fill my sack with these clams before you put me to soak. Perhaps you had better let me rest a while after that, too, for I never like to take a bath after a full meal. It isn't healthy. The best physicians condemn the practice."

So, with the exception of Hans, they again gathered around the clams and started to enjoy the feast. Hans retired by himself and sat on a flat rock, muttering and looking savage. At times he would shake his fist at the back of the man in gray.

Mr. Cooler seemed to have a remarkable ability to talk and devour clams at the same time. As Browning afterward expressed it, he "talked a blue streak." He told them he was a great traveler, he had been all over the United States, all over the world.

"Why," he said, "in Berlin I appeared at court."

"How much was the fine?" asked Frank, with a twinkle in his eye.

"Young man," exclaimed Cooler, "you astonish me. To look at you, I would not suppose you could be frivolous. I am slightly that way myself. Can't help it; born that way. Always see something humorous in everything. It's better than medicine; it keeps the liver in a healthy condition. Now, clams are hard to digest, but taken in connection with laughter and jollity they digest much better. There is enough sadness in the world if we do not go around with our faces drawn down. Be jolly. That's my motto."

There was something infectious in his light spirits and careless air. Despite themselves the boys found they were growing interested in this queer old fellow.

Frank studied Mr. Cooler carefully. Had he not felt certain that the man was playing a part, he would have enjoyed the old fellow's chatter. But Frank could see beneath the surface, and he was absolutely satisfied that Mr. Cooler was not what he represented himself to be. Frank had never heard of the Bay Islands Land Company; he did not believe there was such a company in existence.

If Cooler was lying, why was he doing so? What was