For half an hour by the clock he sat there dazed and motionless, gazing in a blank disappointed fashion at the sheet of coffee-coloured paper in front of him. It was late, and workers were dropping away one after another from the scantily peopled desks. But Cecil Mitford took no notice of them: he merely sat with his arms folded, and gazed abstractedly at that disappointing, disheartening, irretrievable piece of crabbed writing. At last an assistant came up and gently touched his arm. "We're going to close now, sir," he said in his unfeeling official tone—just as if it were a mere bit of historical inquiry he was after—"and I shall be obliged if you'll put back the manuscripts you've been consulting into F. 27." Cecil Mitford rose mechanically and sorted out the Cyriack Skinner papers into their proper places. Then he laid them quietly on the shelf, and walked out into the streets of London, for the moment a broken-hearted man.

But as he walked home alone that clear warm summer evening, and felt the cool breeze blowing against his forehead, he began to reflect to himself that, after all, all was not lost; that in fact things really stood better with him now than they had stood that very morning, before he lighted upon John Cann's last letter. He had not discovered the actual hiding-place of the hoard, to be sure, but he now knew on John Cann's own indisputable authority, first, that there really was a hidden treasure; second, that the hiding-place was really in England; and third, that full particulars as to the spot where it was buried might be found in John Cann's own coffin at Port Royal, Jamaica. It was a risky and difficult thing to open a coffin, no doubt; but it was not impossible. No, not impossible. On the whole, putting one thing with another, in spite of his terrible galling disappointment, he was really nearer to the recovery of the treasure now than he had ever been in his life before. Till to-day, the final clue was missing; to-day, it had been found. It was a difficult and dangerous clue to follow, but still it had been found.

And yet, setting aside the question of desecrating a grave, how all but impossible it was for him to get to Jamaica! His small funds had long ago been exhausted in prosecuting the research, and he had nothing on earth to live upon now but his wretched salary. Even if he could get three or six months' leave from the Colonial Office, which was highly improbable, how could he ever raise the necessary money for his passage out and home, as well as for the delicate and doubtful operation of searching for documents in John Cann's coffin? It was tantalising, it was horrible, it was unendurable; but here, with the secret actually luring him on to discover it, he was to be foiled and baffled at the last moment by a mere paltry, petty, foolish consideration of two hundred pounds! Two hundred pounds! How utterly ludicrous! Why, John Cann's treasure would make him a man of fabulous wealth for a whole lifetime, and he was to be prevented from realizing it by a wretched matter of two hundred pounds! He would do anything to get it—for a loan, a mere loan; to be repaid with cent. per cent. interest; but where in the world, where in the world, was he ever to get it from?

And then, quick as lightning, the true solution of the whole difficulty flashed at once across his excited brain. He could borrow all the money if he chose from Ethel! Poor little Ethel; she hadn't much of her own; but she had just enough to live very quietly upon with her Aunt Emily; and, thank Heaven, it wasn't tied up with any of those bothering, meddling three-per-cent.-loving trustees! She had her little all at her own disposal, and he could surely get two or three hundred pounds from her to secure for them both the boundless buried wealth of John Cann's treasure.

Should he make her a confidante outright, and tell her what it was that he wanted the money for? No, that would be impossible, for though she had heard all about John Cann over and over again, she had not faith enough in the treasure—women are so unpractical—to hazard her little scrap of money on it; of that he felt certain. She would go and ask old Mr. Cartwright's opinion; and old Mr. Cartwright was one of those penny-wise, purblind, unimaginative old gentlemen who will never believe in anything until they've seen it. Yet here was John Cann's money going a-begging, so to speak, and only waiting for him and Ethel to come and enjoy it. Cecil had no patience with those stupid, stick-in-the-mud, timid people who can see no further than their own noses. For Ethel's own sake he would borrow two or three hundred pounds from her, one way or another, and she would easily forgive him the harmless little deception when he paid her back a hundredfold out of John Cann's boundless treasure.

II.

That very evening, without a minute's delay, Cecil determined to go round and have a talk with Ethel Sunderland. "Strike while the iron's hot," he said to himself. "There isn't a minute to be lost; for who knows but somebody else may find John Cann's treasure before I do?"

Ethel opened the door to him herself; theirs was an old engagement of long standing, after the usual Government clerk's fashion; and Aunt Emily didn't stand out so stiffly as many old maids do for the regular proprieties. Very pretty Ethel looked with her pale face and the red ribbon in her hair; very pretty, but Cecil feared, as he looked into her dark hazel eyes, a little wearied and worn-out, for it was her music-lesson day, as he well remembered. Her music-lesson day! Ethel Sutherland to give music-lessons to some wretched squealing children at the West-end, when all John Cann's wealth was lying there, uncounted, only waiting for him and her to take it and enjoy it! The bare thought was a perfect purgatory to him. He must get that two hundred pounds to-night, or give up the enterprise altogether.

"Well, Ethel darling," he said tenderly, taking her pretty little hand in his; "you look tired, dearest. Those horrid children have been bothering you again. How I wish we were married, and you were well out of it!"

Ethel smiled a quiet smile of resignation. "They are rather trying, Cecil," she said gently, "especially on days when one has got a headache; but, after all, I'm very glad to have the work to do; it helps such a lot to eke out our little income. We have so very little, you know, even for two lonely women to live upon in simple little lodgings like these, that I'm thankful I can do something to help dear Aunt Emily, who's really goodness itself. You see, after all, I get very well paid indeed for the lessons."