“A geyser!” exclaimed the baronet. “A geyser! and of such grandeur that the Great Geyser of Iceland, which I have seen, sinks into the utmost insignificance compared with it.”

“You are right,” acquiesced Lethbridge. “I too have seen the so-called Great Geyser, and admired it immensely; but after this—”

He finished with a shrug of the shoulders so expressive that there was not the slightest need for words to explain his meaning.

“We must bring the professor to see this,” he continued after a slight pause. “And—look here, Elphinstone—if you wish to intensely gratify the worthy man, call this geyser after him—‘The Von Schalckenberg Geyser’—eh? It doesn’t sound half bad, does it?”

The baronet laughingly consented to his friend’s proposal, the more readily as he knew that what Lethbridge had said as to the professor’s gratification was perfectly true; and then the wanderers resumed their journey, passing along the narrow strip of sand which divided the edge of the water from the base of the cliffs.

“There is no doubt, I think, that this geyser produces the cloud of vapour and the sudden flashing gleam, at tolerably regular intervals, which so aroused our curiosity this morning,” remarked the baronet as they plodded somewhat wearily along side by side over the sand.

His companion assented, and then they both paused, and finally flung themselves down upon the sand to witness a repetition of the eruption, the premonitory signs of which at that moment made their appearance. Then, when it was over, finding themselves very comfortable—and very hungry—they concluded to take luncheon before again moving; and, this being followed by a pipe, it was after four o’clock in the afternoon when they once more made a move.

A saunter for three-quarters of an hour along the margin of the lake enabled them to reach a spot almost directly opposite that where they had emerged into daylight from the interior of the cavern; and here they found the point of overflow from the lake. The chain of hills, which from their first point of sight had appeared to completely surround the sheet of water, was here pierced by a narrow valley, through which a small shallow stream, emanating from the geyser lake, made its devious way. As the course of this valley appeared to trend generally in a northerly direction, or toward the high table-land of which the travellers were in quest, and as, moreover, the valley appeared to offer the only exit from the lake basin in a northerly direction, the travellers decided to follow its course, which they did by keeping close to the margin of the stream. This mode of procedure, whilst it afforded them tolerably easy walking, also enabled them to estimate more accurately than they had hitherto done, the enormous quantity of water projected into the air by the geyser; for whilst the stream normally consisted of a body of water some ten feet wide by three or four inches deep, it was swollen—at regular intervals of twenty minutes each, corresponding with the periodical discharge of the geyser—into a rushing and foaming torrent of about ten feet wide and four feet deep, lasting thus for about a minute, when the stream again rapidly subsided to its previous depth.

For a distance of about two miles the stream wound its way over a bed of exposed rock, beyond which occurred a considerable stretch of coarse gravelly soil, thickly overgrown with long grass. The constant flow of water for untold ages through this bed of gravel had scoured out a channel nearly forty feet wide by half that depth; the banks being perfectly vertical, except in a few places where the gravel had crumbled away to a rather steep slope.

It was whilst the wanderers were passing one of these places that—the sun being by this time in the western quarter of the heavens, and his level rays falling directly upon the right bank of the stream—the baronet’s attention was arrested by the appearance of several bright sparkling gleams emanating from among the débris of the crumbling bank. He directed the colonel’s attention to these, whereupon the latter, seized with sudden