"Go on!" cried Rafferty.

"'Tis true," retorted Von Rotterdaam. "And if at noon to-morrow you will cut away enough of the ship's bottom to let yourselves through the hole, with a rope tied about you so that you can be hauled back again, it will be yours."

"Blame good pay for a shwim," said Sullivan. "A million phwat—pounds or francs, sorr? They's some difference betune the two."

"Exactly," returned Von Rotterdaam. "And they're pounds sterling, ingots of gold, and priceless jewels."

"Phwy don't yees tell the ould man?" asked Rafferty, referring to me.

"Because," replied Von Rotterdaam, "he would keep it all for himself. You gentlemen, I am sure, will divide it justly among all."

"Thrue for youse," said Sullivan, with a laugh. "And phwere do you come in?"

"I have no further use for dross," replied Von Rotterdaam; and I judge that at that moment he faded from their sight, for almost immediately he appeared in my cabin. I was tired and irritated, so I said nothing, pretending to be asleep, never for an instant believing that Sullivan would do so foolish a thing.

"He doesn't ever think of consequences; but he's not such an ass as to cut a hole a yard square in the bottom of this ship," I said to myself; and then, worn out, I really slept. How it happened I do not know; possibly that infernal ghost in some manner drugged me; but it was not until five minutes after midday, just three hours ago, that I awoke, and my heart stood still as I heard the action of a saw deep down in the hold.

"Heavens!" I cried, starting up. "The idiot's at it!"