"I think it is quite possible, señor. Certainly, if the Indians had been told to guard the treasure, they would do so always. You know how they kept the secrets entrusted to them whatever tortures they were put to. If the gold had been, as you say, lost amongst the rocks, I do think they would have still watched the place. I thought it strange that they should have made that hole, but when you said that they might have made it to throw stones down it seemed to me to be likely enough; but the other suggestion is more probable. Well, señor, I am ready to try it, but I am not a very good swimmer."

"My brother and I are both good swimmers, and we will do that part of the work. The hardest part will be getting it up, and you will be able to give us your help at that."

"Well, let us be off," Bertie said; "I am all on thorns to begin. We shall soon find it out. If it is there, it is almost certain to be at the foot of the rocks, though, of course, it is possible that the boat sank before striking them. At any rate, I feel sure she went down somewhere within the area that can be seen through that hole. It won't take many days' diving to search every yard of the bottom."

They hastily descended the ladder, and, divesting themselves of their clothes, swam out through the opening. Dias climbed up on the rocks, the others swam round by the ends of the barrier. The water was so warm that they would be able to remain in it for any time without inconvenience.

"We need not begin here, Bertie; we are outside the line of sight. From that hole I could not see the end of these rocks. We will start at the middle, and work in opposite directions."

On arriving off the centre of the wall both dived. The depth was about twelve feet, and as the water was perfectly clear, Harry could see four or five feet round him. He was obliged to swim carefully, for the bottom was covered with rocks, for the most part rounded by the action of the sea. For an hour he continued his search, by which time he had reached nearly the end of the line of rocks. Then he landed on a ledge of rock and sat down, calling to Bertie to join him.

"We will rest for a quarter of an hour," he said, "and then begin again. This time we will keep twenty or thirty feet farther out; it is more likely to be there than close in. If the boat struck, the next wave would sweep over her, and she would probably go down stern first, and her cargo would fall out that way."

After their rest they started again, swam out a few strokes, and then dived. Harry had gone down five or six times, when, on his coming to the surface, he heard a shout, and saw Bertie swimming towards him.

"I have found them, Harry! There are a number of ingots, but they were so heavy that I could not bring one of them to the surface."

As Harry reached him the lad turned round and swam back. "There they are, just opposite that cleft in the rock! I looked directly I came up so as to know the exact spot."