“Perhaps,” said Jack, “there is more danger of discovery, or maybe it is not as safe a way.”

“That is what became of the Count that time. I was not far enough down, or not smart enough to see it.”

Mr. Tudor looked inquiringly at Peggy. “Count Herschfeld?” he asked.

“Yes. Do you know him?”

“I know of him.”

They were now back within the cave and Mr. Tudor locked the door again. “A place like this develops,” said he. “It is not planned from the first. It has probably been the resort of smugglers from early times.”

“But we’d better hurry away while the tide is low. There is a plank to be found inside, if you girls would prefer to cross to the steps. I am sure that I saw one somewhere.”

“No walking the plank for me yet,” said Peggy. “Are you going to tell on Bill yet, Mr. Tudor?” From what he had said, Peggy knew that he must know about Bill. What else did he know? But she would not be the one to tell about her step-father.

“What do you think we ought to do about it, Miss Peggy?” Mr. Tudor countered.

“I suppose we can’t let smuggling go on.”