“Why, certainly, I’ll be glad to elucidate!” was the answer. “You have in mind the securing of free gold in nuggets and dust. I go about it in quite another way. My purpose is to recover the minted coins that have been placed aboard ships. When the ships sink, no diver yet has been able to reach those in deep water. Therefore, most of the gold that has been carried to the bottom in sunken vessels is forever lost. I intend to recover a great deal of it!”
“Then when you know approximately where the vessel was wrecked or sunk,” put in Ned, “you go to that neighborhood. Your instrument indicates the presence of gold and you follow its directions until the exact spot is reached. Then you step out and carry the money aboard your own craft. Is that the correct explanation?”
“You have it exactly. And I have done pretty well so far!”
“I don’t believe it!” declared Jimmie flatly. “The whole thing sounds mighty fishy—not meaning any disrespect,” he added addressing the man who sat leaning back against a bulkhead.
“But I assure you that what I have said is absolutely true!”
“I’m from Missouri!” stated Jimmie in a tone of doubt.
Their host stepped to a locker which he opened.
“Great Frozen Hot Boxes!” cried Jimmie.