There were no disturbances during the night; and the dawn of the next morning found everybody up and awaiting eagerly the moment when there would be sufficient light in the canyon to make the climbing of the Big Tree and the entrance into Crooked Arm Gulch safe. At last Mr. Conroyal declared that the great moment had come.

"But," and he glanced around the little group of eager faces, "Ham and I think, and I am sure you will all agree with us when you stop to consider the matter, that we ought to leave at least one man here to stand guard with Pedro. Now, under the circumstances, I had rather not say who that man shall be, but will ask for a volunteer. Who is willing to offer himself up as a sacrifice to the good of the public?" and Mr. Conroyal smiled.

For a moment all stood staring blankly into one another's faces. No one appeared to be in the least anxious to make this sacrifice. And no wonder! For, now at the very moment they were about to explore the mysteries of the dead miner's wonderful Cave of Gold, who would care to be left behind? Then, with a smile on his face, Frank Holt stepped forth.

"Reckon I'll stay and keep company with Pedro," he said. "I'm not as young as I once was, and crawling along that limb some twenty feet above the ground looks some dangerous to legs as old as mine. But I'd like to have one of you, if you find the cave all right, come and let me know," and the sparkle in his eyes told how great was his interest in the result.

"I'll come right back and relieve you, dad, just as soon as we find the cave and see what it is like," Rex Holt promised. "Then you can go and see for yourself. It was great of you to offer to stay. I'll be back soon. Good-by," and he hurried after the others, who were already climbing the Big Tree.

Pedro, all the morning, had been as feverish with excitement as had any of the others, and had watched their every movement, as a cat watches a caught mouse, and had tried to overhear every word uttered; but, at the first mention of a guard being left with him, he had muttered a Mexican oath and had turned angrily and sullenly away, all his excitement gone. Evidently he had counted a great deal on being left alone with the horses and the camp supplies, when the search for the Cave of Gold was made; and, consequently, the leaving of a guard with him had been a very great disappointment. But he was too cunning to allow this disappointment to be seen by his employers, and had turned quickly away to hide his feelings, until he was again his usual suave self; and so he did not hear the promise of Rex to hasten back as soon as the cave was found and relieve his father.

You may be sure that there were no laggards among the climbers up the Big Tree and along the limb and through the entrance into Crooked Arm Gulch; and soon all stood on the little shelf of rock, from which they had had their first view of the gulch the night before.

"Now, th' first thing tew dew is tew git down tew th' bottom," commented Ham, as the eyes of all eagerly searched the walls of the gulch.

"That looks easy! Right this way!" and Thure began excitedly clambering down the rocks.

The shelf of rock on which they stood was some fifty feet above the bottom of the gulch; and from it a series of shelves and jutting rocks made an easy pathway downward, for mountaineers as experienced as they were, and soon all our friends stood at the bottom of Crooked Arm Gulch.