The colored man seemed disappointed. Mr. Baxter did not think it wise to tell him just how much it was, nor did he want him or the Indian to catch sight of the yellow nuggets. They might not be able to stand the sight of so much wealth. So the sacks were covered with some fur robes, and, while Mr. Baxter remained on guard, Fred and Jerry went to eat. Then they relieved Mr. Baxter, and, with ready rifles, waited until he had finished his meal.

The short day was soon at an end, and Mr. Baxter, having sent the Indian away from camp, to bring in a supply of firewood, began, with the aid of the boys and Johnson, to pile the gold securely on the sleds.

"We'll start for the south in the morning," announced Mr. Baxter, "and glad I am to be able to do it, too. This cold seems to get through to my very bones."

As the last of the gold was being put on the sleds, Fred saw, peering over the edge of an ice-covered rock, the face of an Alaskan Indian.

"Hello, Holfax!" he cried. "What are you coming that way for?"

But, to his surprise, the figure vanished, and, a moment later, Holfax appeared, coming from a different direction.

"Why—why—that's funny," remarked Fred.

"What is?" asked Mr. Baxter.

"I thought I saw Holfax looking at me from up there, and here he comes down there."

No sooner had he spoken than there was a cry from the guide. The eyes of the four adventurers were drawn toward him, and, as they watched, they saw another Indian rush at Holfax, take quick aim with a rifle, and fire.