“Tom!” shouted Jack, “you’re right! What a fool I was not to think of that! Why, it’s as plain as the nose on your face!”

No doubt you who read this have guessed the matter long ago, and have wondered that Tom and Jack were so dull of wits as not to have thought of it before. But the idea never entered their heads that a fortune was lying buried in the sand that covered the poor old wreck that had been so constantly before their eyes for almost a year, and when they found money like pebbles along the beach, it never struck them that it could have been washed out of those crumbling ribs, whose only value had been that they gave them a rusty spike every now and then.

Jack was wild to go out into the night, and to hunt for money there and then, and it was as much as Tom could do to quiet him and make him lie down and try to get a little sleep. Of course, neither of them caught a wink, and both were stirring at the dawn of day.

They hardly ate a bite of food before they set to work.

By noontide Tom had made a couple of rude shovels, the blades of which were of the plankings of the cutter over their heads, and the handles of which were two straight limbs, cut from the neighboring thicket. It was a long tedious piece of work to make these shovels, for Tom had no tools to work with but Jack’s knife, and only half of the blade of that was left. Tom labored steadily at the shovels, but Jack was very impatient at the slowness of the work, and was continually urging him to hurry matters. I suppose that he was back and forth from the hut to the wreck a dozen times in the course of the morning.

But at last the shovels were finished. Tom tried to persuade Jack to eat a bite before he went to work, but Jack would have nothing to do with food; he shouldered the two shovels and started away to the sand-spit, leaving Tom to cook and eat his dinner by himself. When Tom went over to the wreck a half an hour later, he found Jack busily at work, and a great hole already scooped out in the sand,—but Jack had not yet found a cent of money.

I do not think that they had any idea of what they were undertaking, and what a tremendous piece of work it was that lay before them. I confess that Tom was as foolish as Jack, in having a notion that all they would have to do would be to scoop away a little sand, and pick up money by the handful; but they found nothing either on that day or the next, or the next, or for a week or more to come. Jack began to be very much discouraged, and said more than once that he was certain that Tom had been mistaken in his notion that the wreck was that of a treasure ship.

Tom himself began to be a little down-hearted, and more than once suspected that he had made a wrong guess. But when he brought to mind that the money was of one mintage, and, from the way in which it lay, that it was plainly washed out of the wreck by the water that had flowed over the sand-spit at the time of the hurricane, he would feel reassured that he was right, though he could not account for the reason why a part of it should have been washed up, while the rest seemed to lie so deeply beneath the surface. So he managed to keep Jack pretty steadily to his work, though, as the days dragged along and nothing came of their labor, it became a great task to do so.

But on the tenth day they made a find. They were just about to give up their work for the evening, when Tom unearthed a small, wooden box. It was about a foot long, six inches wide, and three or four inches deep. It was very rotten, and fell to pieces as Jack tried to pick it up. It was full of money, which tumbled all in a heap as the box crumbled in Jack’s hand. The money must have been in rolls when it was put into the case, for there were scraps of mouldy paper mixed with it, and some of the coins had bits of paper glued to them by the black rust that had gathered upon them.

This was the first money that they found by digging, and Jack nearly went crazy over it. Tom himself was very much excited, but he did not act as absurdly as Jack, who danced, and laughed, and shouted like one possessed. It was their first gleam of good luck, and it was a good thing that it came when it did, for it was speedily followed by the worst of ill fortune.