"Why! whose else is it if it ain't mine?" the bully asked, stupidly now. "Ain't this island mine now father's dead?"

"You say it is, though I am sure I don't know whether you are telling the truth or not. It might be as much your sister's as yours." Alderly burst out laughing, scornfully this time; but Reginald went on. "Your father might have left a will, you know, leaving her a portion of it, or, indeed, the whole, if he didn't approve of your general behaviour."

Alderly laughed again--though now he looked rather white, the other thought; and then he said emphatically:--

"Father didn't leave no papers. So I'm the heir. Girls don't count, I'm told." All of which--both laughter, pallor, and remarks--led Reginald to form a suspicion that whatever papers the elder Alderly might have left had been destroyed.

"I think they do," said Reginald, "and certainly Miss Alderly counts in my opinion. For, if eventually I decide to tell you where your treasure is, she will have to have her portion."

"She will have her portion," said Alderly decidedly, "which will be that I shall look after her. And I suppose you'll want a portion, too."

"Yes, rather," the other replied, remembering that he had promised to make no stipulations about Barbara. So he corrected himself now, and said, "Of course I suppose you will look after her. Well, remembering that, I shall want one half."

"One half!" exclaimed Alderly, almost shouting out the words in his excitement. "One half! My God! One half of all that treasure! Just for coming here to tell me where it is! Why! you must be mad, Mr. Crafer, or whatever you call yourself. Mad! Mad! Why! sooner than do that I'd fetch a hundred o' my pals and mates from all around, from the islands and up from Aspinwall and Colon, and dig the whole place up till we found it. One half!"

"And dig the whole place up!" repeated Reginald. "Just so. Only, you know that when your ancestress, the first Barbara, and her son came here they found the treasure had been removed from the place where Simon left it, and none have ever been able to find it since. Isn't that so?"

"Yes," muttered Alderly, "it is, damn you!"