"Yes?" I said, feeling that another dark story lay behind this declaration. "Not honestly, I suppose?"

"Far from it!" he replied, with a grim smile. "Those two rubies formed the eyes of some ugly god or other in a heathen temple in the Kwang-Tung province of Southern China where the Quicks carried on more nefarious practices than that. They gouged them out—according to their own story. Then, of course, they cleared off."

"You saw the rubies?" I asked.

"More than once—on that island in the Yellow Sea," he answered. "Noah and Salter would have bartered either, or both, for a ship at one period. But!" he added, with a sneering laugh, "you may lay your life that when they boarded that Chinese fishing-boat on which they made their escape they'd pay for their passage as meanly as possible. No—my belief is that they still had those rubies on them when they turned up in England again, and that, as likely as not, they were murdered for them. Take all the circumstances of the murder into consideration—in each case the dead man's clothing was ripped to pieces, the linings examined, even the padding at chest and shoulder torn out and scattered about. What were the murderers seeking for? Not for money—as far as I remember, each man had a good deal of money on him, and not a penny was touched. What was it, then? My own belief is that after Salter Quick joined Noah at Devonport, both brothers were steadily watched by men who knew what they had on them, and that when Salter came North he was followed, just as Noah was tracked down at Saltash. And I should say that whoever murdered them got the rubies—they may have been on Noah; they may have been on Salter; one may have been in Salter's possession; one in Noah's. But there—in the rubies—lies, in my belief, the secret of those murders."

I felt that here, in this lonely cove, we were probably much nearer the solution of the mystery that had baffled Scarterfield, ourselves, the police, and everybody that we knew. And so, apparently, did Miss Raven, who suddenly turned on Baxter with a look that was half an appeal.

"Mr. Baxter!" she said, colouring a little at her own temerity. "Why don't you follow Mr. Middlebrook's advice—give up the old silver and the rest of it to the authorities and help them to track down those murderers? Wouldn't that be better than—whatever it is that you're doing?"

But Baxter laughed, flung away his cigar, and rose to his feet.

"A deal better—from many standpoints, my dear young lady!" he exclaimed. "But too late for Netherfield Baxter. He's an Ishmael!—a pirate—a highwayman—and it's too late for him to do anything but gang his own gait. No!—I'm not going to help the police—not I! I've enough to do to keep out of their way."

"You'll get caught, you know," I said, as good-humouredly as possible. "You'll never get this stuff that's upstairs across the Atlantic and into New York or Boston or any Yankee port without detection. As you are treating us well, your secret's safe enough with us—but think, man, of the difficulties of taking your loot across an ocean!—to say nothing of Customs officers on the other side."

"I never said we were going to take it across the Atlantic," he answered coolly and with another of his cynical laughs. "I said we were going to sail this bit of a craft across there—so we are. But when we strike New York or New Orleans or Pernambuco or Buenos Ayres, Middlebrook, the stuff won't be there—the stuff, my lad, won't leave British waters! Deep, deep, is your queer acquaintance, Netherfield Baxter, and if he does run risks now and then, he always provides for 'em."