"As near as I can reckon it she ought to be somewhere about here," returned the skipper, waving his hand casually around the neighbourhood. And then, taking a slip of paper from the pocket of his coat, he continued: "Here are the Admiralty Survey vessel's bearings of the rock upon which she struck, so we can't be very far out."

Following Mr. Leversidge's example we went to the port side and looked over.

"It seems a ghastly thing to think that down there lies that great vessel, the outcome of so much human thought and ingenuity, with the bodies of the men and women who perished in her still on board. I don't know that I envy you in your task of visiting her, Collon. By the way, what are the Government soundings?"

"Seventeen fathoms," answered the skipper.

"And you think she is lying some distance out from the rock on which she struck?"

"I do. The survivors say that as soon as she struck, the officer of the watch reversed his engines and pulled her off, but before he could get more than a cable's length astern she sank like a stone."

"I understand. And now, Mr. Collon, your part of the business commences. When do you propose to get to work? We must not delay any more than we can help, for the other schooner may be here at any moment."

"I shall commence getting my things together immediately," I answered, "and, if all goes well, the first thing to-morrow morning I shall make my descent. It would not be worth while doing so this afternoon."

Accordingly, as soon as our mid-day meal was finished, I had the pumps and diving gear brought on deck and spent the afternoon testing them and getting them ready for the work that lay before me on the morrow. By nightfall I was fully prepared to descend in search of the pearl.

"Let us hope that by this time to-morrow we shall be on our way to Thursday Island with our work completed," said Leversidge to me as we leant against the taffrail later in the evening. "I don't know that I altogether care about thinking that all those poor dead folk are lying only a hundred feet or so beneath our keel. As soon as we have got what we want out of her we'll lose no time in packing up and being off."