While the Rapa men dived for the fish, Albright threw a bundle of trade tobacco ashore. The one-eyed man nodded his head and writhed his features in an attempt at amiability. Weapons were lowered, bows unbent, and arrows put back in their quivers.

“They know tobacco,” Grief announced, as they rowed back aboard. “We'll have visitors. You'll break out a case of tobacco, Mr. Albright, and a few trade-knives. There's a canoe now.”

Old One-Eye, as befitted a chief and leader, paddled out alone, facing peril for the rest of the tribe. As Carlsen leaned over the rail to help the visitor up, he turned his head and remarked casually:

“They've dug up the money, Mr. Grief. The old beggar's loaded with it.”

One-Eye floundered down on deck, grinning appeasingly and failing to hide the fear he had overcome but which still possessed him. He was lame of one leg, and this was accounted for by a terrible scar, inches deep, which ran down the thigh from hip to knee. No clothes he wore whatever, not even a string, but his nose, perforated in a dozen places and each perforation the setting for a carved spine of bone, bristled like a porcupine. Around his neck and hanging down on his dirty chest was a string of gold sovereigns. His ears were hung with silver half-crowns, and from the cartilage separating his nostrils depended a big English penny, tarnished and green, but unmistakable.

“Hold on, Grief,” Pankburn said, with perfectly assumed carelessness. “You say they know only beads and tobacco. Very well. You follow my lead. They've found the treasure, and we've got to trade them out of it. Get the whole crew aside and lecture them that they are to be interested only in the pennies. Savve? Gold coins must be beneath contempt, and silver coins merely tolerated. Pennies are to be the only desirable things.”

Pankburn took charge of the trading. For the penny in One-Eye's nose he gave ten sticks of tobacco. Since each stick cost David Grief a cent, the bargain was manifestly unfair. But for the half-crowns Pankburn gave only one stick each. The string of sovereigns he refused to consider. The more he refused, the more One-Eye insisted on a trade. At last, with an appearance of irritation and anger, and as a palpable concession, Pankburn gave two sticks for the string, which was composed of ten sovereigns.

“I take my hat off to you,” Grief said to Pankburn that night at dinner. “The situation is patent. You've reversed the scale of value. They'll figure the pennies as priceless possessions and the sovereigns as beneath price. Result: they'll hang on to the pennies and force us to trade for sovereigns. Pankburn, I drink your health! Boy!—another cup of tea for Mr. Pankburn.”

[ [!-- H2 anchor --] ]

VII