"The place seems to have suddenly panned out," the other replied angrily. "Above the bend there is not even an indication of the formacao diamante. I am beginning to think that for the future it is only on the flat we shall discover them."

Yet even this disastrous intelligence did not prevent him from returning next day to work at the same place. From a vantage spot on the side of the hill to which Max had climbed for the purpose, he could see him busily engaged there, digging and washing as if for dear life. This set Max thinking. Moreas, he knew, would not waste his time, every second of which he valued like so much gold, on unprofitable labour. Then an idea occurred to him, and he determined to act upon it. He had noticed that, every afternoon, a considerable interval elapsed between the time that Moreas had ceased work and his appearance at the camp. What did he do during the time? Max determined to find out. Accordingly, that afternoon, a quarter of an hour or so before the usual time for returning to their camp, he set off along the side of the hill, keeping under cover of the rocks. At last he was near enough to be able to see Moreas in the river-bed, working away with his usual persistence. Five minutes later the other put down his tools and began making his way in an opposite direction to the camp. From the stealthy way in in which he walked, and the manner in which he constantly looked behind him, it was plain that he was afraid of being followed. But, as Max asked himself, if his motives were honest, what should he have to fear?

At last he reached what was evidently his destination, a peculiar cluster of rocks some three-quarters of a mile from the camp. A moment later he had disappeared from view, not to reappear for something like a quarter of an hour. When he did so he looked anxiously about him as before, and then, as soon as he had satisfied himself that his proceedings had not been overlooked, started back for the river-bed, keeping as much cover as possible between himself and the place where he supposed Max to be still working.

Max, in his turn, waited until the other was out of sight and then, skirting the base of the hill, approached the rocks where, a quarter of an hour or so before, Moreas had been so mysteriously engaged. He was quite aware that if by any chance Moreas should return and find him there, it would put an end to their partnership.

"Let that be as it may," he said to himself, "I'm determined to find out what it was that brought him here."

When he reached the open space between the rocks, he looked eagerly about him. No sign, however, of anything unusual was to be discovered there. He could not see that the ground had been touched, nor could he find any place where things, such as he was thinking of, could be hidden. The ground was of a sandy description, bare for the most part, but varied here and there with tufts of rough grass, some eight to ten inches in height. After patient investigation he found that one of these showed signs of having lately been pressed down by a heavy weight.

"Now I think I understand," he said to himself, and immediately resolved to overhaul the smaller rocks in its neighbourhood.

A few minutes later he uttered a cry of delight, and immediately replaced the stone he had lifted. Moving to the other side of the circle he carefully overhauled the neighbourhood, in order to make quite sure that Moreas was not returning. Nothing was to be seen of him, however. He accordingly returned to his examination of the hole. As it proved, he was not wrong in his conjecture. In it reposed what he had quite expected to find there, namely, a small leather bag, similar to that in which the diamonds at the camp were kept.

"So, friend Moreas, you turn out to be a thief after all," he said, as he sat down upon the ground and opened the bag. "You hand over to me, for the welfare of the syndicate, the small stones you find, while the more valuable you hide here for your own benefit."

So saying he shot the contents of the bag into the palm of his hand and studied them attentively. It was impossible to say what the collection was worth in its entirety, but the total could scarcely have been less than thirty thousand pounds.