"So the whole affair was only a dream!" said I.

"I cannot say," replied Reeves; "for strangely enough, an old Spanish pistol, with a strong smell of powder about it, and 'W. K.' on the butt, was lying on the rocks by his side. Tom lost no time, you may be assured, in jumping into his boat, and clapping on all sail to leave the island astern; but after that night the spirit was seen no more at the mouth of the cavern, for Kidd had come to release him, or to take away his treasure."

"And Tom Spiller?"

"Forsook his hut at Breakheart Point, and went to sea for many years: he felt unhappy, for the parsons say that folks always are so who have conversed with ghosts; but his mind dwelt for ever on the treasure in the cavern, and he never ceased to spin yarns about it, and express hopes that some, if not all that he saw, might yet remain. He returned to Breakheart Point about twenty years ago, an old and white-haired man; and one night, accompanied by three men armed with picks and shovels, sailed in search of the treasure; but they never reached the island, for a tempest came on and drove their boat to the northward. He tried to fetch Ragged Harbour, but was blown right across Conception Bay for more than thirty miles, and was drowned at La Cabo Bueno Vista, on a rock called, to this hour, Spiller's Point.

"As for Captain Kidd, he has never been seen since, though some folks hereabout say he commands the Black Schooner, which has overhauled so many of our merchantmen and escaped the Queen's cruisers. So that is my yarn, Mr. Manly."

"Steady, Paul, steady," said Hartly; "the fog has concealed your haunted island again."

"Steady it is, sir; but we had better take a pull at these larboard tacks, otherwise we may not be able to clear the three rocks that lie to the northward of Baccalao; and I think we can hear the breakers already!"

CHAPTER VI.
THE BLACK SCHOONER.

Long ere the mate's story was concluded, the dense fog—chilly, white, and drenching—had shrouded the dreary isle of Baccalao, and the voices of the penguins alone indicated its locality; but they became fainter, until we lost the sound altogether as we ran further to the north.