Since that terrible time I had made several voyages to our eastern possessions, and now, when my story opens, was chief mate of a fine clipper-ship, with some hopes of promotion to the rank of “captain” when a suitable vacancy should occur.

The voyage which I had just concluded had been a singularly fortunate one for me, for on our homeward passage, when a short distance to the eastward of the Cape, we had fallen in with a derelict, homeward-bound from the Moluccas and Philippines, with a cargo of almost fabulous value on board; and, having taken possession of her, I had been placed in command, with a crew of four hands, with instructions to take her into Table Bay, there to raise my crew to the full complement, and, having done so, to afterwards navigate her to her destination. This I had successfully accomplished, arriving home only nine days after my own ship. A claim for salvage had been duly made, and I calculated that when the settling day arrived, my own share would fall very little short of three thousand pounds, if, indeed, it did not fully reach that figure.

I have stated that when, upon the termination of an Australian voyage and the completion of my duties as chief mate, I returned to my ancestral home for the purpose of spending a brief holiday with my mother prior to my departure upon yet another journey to the antipodes, I had found her in dire trouble. This trouble was the natural—and I may say inevitable—result of my father’s mistaken idea that he was as good a man of business as he was a seaman. Acting under this impression, he had relied entirely upon his own unaided judgment in the investment of his savings; and, anxious only to secure as generous a provision as possible for my mother, had been tempted to put his hard-earned money into certain projects that, offering, in their inception, a too alluring promise of continuous prosperity and generous dividends, had failed to withstand the test of time and the altered conditions of trade; with the result that, after paying handsome percentages for a more or less lengthened period, they had suddenly collapsed like a pricked balloon, leaving my poor mother penniless. Of course everything had been done that was possible to save something, though it might be ever so little, from the wreck; but there had been nothing to save; every penny was gone; and when I reached home I found the poor soul literally at her wits’ end to maintain a supply of the ordinary necessaries of life.

My appearance upon the scene of course necessitated the raking up of the whole miserable story once more; but when I had been told everything, I saw at once that nothing more could be done, and that my poor mother would simply have to put up with the loss as best she might.

Then arose the question of what was best to be done under our altered circumstances. The first conclusion at which we arrived was the obvious one that it would be quite impossible for my mother to maintain such an establishment as “The Spaniards” upon my income of ten pounds per month as chief mate; and she therefore suggested that we should let it upon a lease, if a suitable tenant could be found, and that she should retire, with her altered fortunes, into the obscurity of some small cottage. To this, however, I would in no wise consent; and it was while we were discussing the matter in all its bearings, and casting about for an acceptable alternative, that my mother let fall a remark, which, little as we suspected it at the moment, proved to be the key-note of the present story.

“Ah, my son,” she ejaculated, with a hopeless sigh, “if we could but find the lost clue to Richard Saint Leger’s buried treasure, all might yet be well with us!”

“Ah!” I responded, with a still more hopeless sigh, “if only we could! But I suppose there is about as much chance of that as there is of my becoming Lord High Admiral of Great Britain. The clue must be irretrievably lost, or it would have been discovered long ere now. I suppose every Saint Leger, from my great-great-great-grandfather Hugh, downwards, has taken his turn at hunting for that miserable lost clue; and the fact that they all failed to find it is conclusive evidence to me that it is no longer in existence.”

“Well, I really don’t know, my boy; I am not prepared to say so much as that,” answered my mother. “Your dear father took the same view of the matter that you do, and never, to my knowledge, devoted a single hour to the search. And I have heard him say that it was the same with your grandfather. And if they never searched for the lost clue, how can we know or suppose that any one has searched for it since Hugh Saint Leger abandoned the quest? Yet there never appears to have been the slightest shadow of doubt in the minds of any of your ancestors, that when Richard Saint Leger died in the arms of his son Hugh, he held the clue to the secret; indeed, he died in the act of endeavouring to communicate it.”

“So I have always understood,” answered I, with languidly reviving interest. “But it is so long since I last heard the story—not since I was a little shaver in petticoats—that I have practically forgotten the details. I should like to hear it again, if it is not troubling you too much.”

“It is no trouble at all, my dear boy, for it can be told in very few words. Besides, you ought to know it,” answered my mother. “You are aware, of course, that the Saint Legers have been a race of daring and adventurous seamen, as far back as our family records go; and Richard Saint Leger, who was born in 1689, was perhaps the most daring and adventurous of them all. He was a contemporary of the great Captain (afterwards Lord) Anson; and it was upon his return from a voyage to the West Indies that he first became aware of the rumours, which reached England from time to time, of the fabulous value of the galleon which sailed annually from Acapulco to Manilla laden with the treasure of Peru. These rumours, which were no doubt greatly exaggerated, were well calculated to excite the imagination and stimulate the enterprise of the bold and restless spirits of that period; so much so, indeed, that when the English, in 1739, declared war against Spain, the capture of one of these ships became to the English adventurer what the discovery of the fabled El Dorado had been to his predecessor of Elizabethan times. At length—in the year 1742, I think it was—it became whispered about among those restless spirits that a galleon had actually been captured, and that the captors had returned to England literally laden with wealth. Richard Saint Leger was one of the first to hear the news; and it so fired his imagination—and probably his cupidity—that he never rested until he had traced the rumour to its source, and found it to be true. He then sought out the leader of the fortunate expedition, and having pledged himself to the strictest secrecy, obtained the fullest particulars relating to the adventure. This done, his next step was to organise a company of adventurers, with himself as their head and leader, to sail in search of the next year’s galleon. This was in the year 1742. The expedition was a failure, so far as the capture of the galleon was concerned, for she fell into the hands of Commodore Anson. In other respects, however, the voyage proved fairly profitable; for though they missed the great treasure ship, they fell in with and captured another Spanish vessel which had on board sufficient specie to well recompense the captors for the time and trouble devoted to the adventure. And now I come to the part of the story which relates to what has always been spoken of in the family as Richard Saint Leger’s buried treasure. It appears that on board the captured Spanish ship of which I have just spoken, certain English prisoners were found, the survivors of the crew of an English ship that had fought with and been destroyed by the Spanish ship only a few days prior to her own capture. These men were of course at once removed to Richard Saint Leger’s own ship, where they received every care, and their hurts—for it is said that every man of them was more or less severely wounded—treated with such skill as happened to be available, with the result that a few of them recovered. Many, however, were so sorely hurt that they succumbed to their injuries, the English captain being among this number. He survived, however, long enough to tell Richard Saint Leger that he had captured the galleon of the previous year, and had determined upon capturing the next also. With this object in view, and not caring to subject their booty to the manifold risks attendant upon a cruise of an entire year, they had sought out a secluded spot, and had there carefully concealed the treasure by burying it in the earth. Now, however, the poor man was dying, and could never hope to enjoy his share of the spoil, or even insure its possession to his relatives. He therefore made a compact with Richard Saint Leger, confiding to him the secret of the hiding-place, upon the condition that, upon the recovery of the treasure, one half of it was to be handed over in certain proportions to the survivors of the crew who had captured it, or, failing them, to their heirs; Richard Saint Leger to take the other half.