“Helloa!” said the other, quickly, for he was wide awake.

“I think I’ve found it out!”

“Found out what?”

“Found where the money came from.”

“Well, where did it come from?” said Jack, and Tom could see in the gloom that he sat up in his excitement.

“Did you notice that all the money bore the same date, 1792?” said Tom.

“No; I didn’t notice that.”

“Well, it did, and, what’s more, it’s all Spanish money.”

“But where did it come from?” said Jack.

“Jack,” said Tom, slowly, “as sure as I’m lying here, that wreck on the sand-spit is the wreck of a Spanish treasure ship.”