Mr. Saunders read the note with a complacent smile.
“I have no doubt Frazer was very much surprised,” he said to himself. “Indeed, I should myself have been surprised had anyone told me a year since that I would have so far trusted so young an agent. But Guy Fenwick is an extraordinary boy, and I still feel that I have made no mistake.
“To be sure,” he added, after a pause, “this expedition in search of the pirates’ treasure may be foolish, but even on that I reserve my decision. I shall be interested to hear how Guy makes out.”
He was interrupted by the opening of the office door and the sudden entrance of the boy who had been occupying his thoughts.
“Guy Fenwick!” he exclaimed, in a tone of evident pleasure.
“Yes, Mr. Saunders,” said Guy, with a smile. “Didn’t you expect to see me again?”
“Not so soon. What have you to report? Did you find the island?”
“Yes, sir; and that was not all.”
“You don’t mean to say that you have found the treasure?”
“Yes, I do. It is at the door, in charge of three men, and with your permission I will have it brought in.”