At last after a weary wait the tide reached its lowest, and as I feared, we found that we dared not go into the race-way with the boat. Each swell swept through it with a great rush, breaking into foam in the narrower part, so that a boat would have been dashed to pieces unless fortunate enough to swim fairly out through the exit, and would then be extremely liable to be overwhelmed. We drew up to the rock which lay adjoining the beach and landed, so that we might look down on the galleon from above. There she lay with the deck just awash at the water’s surface, except when a green sea came whelming through, and then she was buried to the depth of several feet. The old hulk was a most venerable and curious sight; shells of various kinds grown fast all over her ancient deck and sides; long streamers of sea-weed floating from her like hair; coral branches, sand, ooze, mud,—a thousand reminiscences of her long sleep on the bottom were now plainly observable in the light of day.

We all three stood looking down upon this curious sight in silence, which was finally broken by Mr. Millward, saying,—

“I am afraid we are as far away from the treasure that lies in that old ship as we were before we raised her.”

I did not feel like talking about it, and therefore said nothing, but stood with hands in pockets looking at this exhibition of what I regarded as the perversity of inanimate matter. That the bewitched old galleon should have run her nose exactly into this place of all others, when there were miles of fair sloping beach on which she might have stranded, seemed like a deadly stab in the back by a treacherous adverse fate. It was enough to make a man swear, if that would have done any good. And possibly it might have eased my feelings temporarily if I had possessed talent enough in that direction to have done full justice to the subject.

This would have been a good time to give up the whole project,—to wash my hands of all Spanish galleons in general and this perverse one in particular. But I must say that no such thought entered my mind. I was disgusted, and very much disappointed, and not a little angry; but as for giving up, that was simply impossible. The situation stunned me, and there seemed no way out of it; but I could not entertain the thought that the recovery of the treasure was impossible.

Alice Millward came up and drew me away by the arm. “Do not look so downcast,” said she. “Surely we need not grieve over this failure. If we cannot get the treasure we are no worse off than we were yesterday.”

“But you do not know,” said I, fiercely, “what it means to me. I have been working to save my birthplace.”

“Never mind, never mind, Mr. Morgan,” replied she, gently, “let us go home to the house now and think it all over there, where the hateful thing will be out of sight.”

“We can do no more here and we might as well be starting,” added the old man. Between them they led me to the boat, the old man saying various things about not putting your trust in things of this earth; that riches are not enduring; and other like remarks, all of which fell on my ear without at all penetrating to my understanding. To tell the truth, I was utterly dazed and unable to give the thing any sort of consecutive thought.

We made the run quickly to Home Creek, and all went early to bed, a most disheartened lot of mortals. Contrary to my expectation, I soon fell asleep and slept soundly all night long.