With this cold comfort we had to content ourselves and listen again. Very soon the bells towards Venta Cruz pealed full again, and in a few minutes Pedro knew they were returning. Our wits were now wholly bent towards the city. Would they come on and trust to the Treasurer's guard? That was all we could ask ourselves. The answer came before many minutes were past.

Again the full jangle broke the stillness. They had moved again. As loud as ever it sounded, and our hopes beat high, but only for a short space. Lower and lower sank the sound, till we could hardly hear it. Pedro whispered to Frank, who held up his hand to calm some who had half risen, hoping for an order to pursue.

It was plain they were fast losing patience, when suddenly the faint tinkling waxed again, till it burst out with a full-toned peal not half a mile from us. Then I knew it was but a deep hollow in the road that had kept the sound from us. Louder and louder it grew, till we could hear each bell sweet and distinct, for the Spaniards love to have them strong and full-toned for comfort on their long and dreary marches.

I saw Frank's whistle, on which he always gave us the signal to attack, glisten in the starlight as he pulled it out. I drew my rapier silently. Now we could hear the men cursing their mules and beating them, as though they were in hot haste. Now they were abreast of us. Still we stirred not. Mule after mule we could hear go by, almost deafening us with the clang of their bells, though not a hair could we see in our dark lair. A whole train so passed, and then came another. Now was our time. The whistle gleamed at Frank's lips. I gripped my hilt hard. Shrilly went up the signal, clear above the jangling bells.

In a moment we were on our feet, rushing through the grass breast high on two full trains of mules. Whether there were soldiers there we could not tell, yet no armour could I descry. There was no time to think. Already I heard Mr. Oxenham's voice shouting to the leading carriers to stop, and we were amongst them.

Every one knocked over or seized the man in front of him. I rushed with Frank to the rear to stay any man escaping. We knew our other company had stopped the front recua, for the mules all began lying down, as is their wont when they are halted.

They were soon all stretched peacefully in the way, and it was all over. Not a sign of resistance was there. We hardly knew what to make of it. There was not a Spaniard in all the train, much less a Treasurer and his daughter.

'Hold that false Spaniard fast, Jasper,' cried Frank. 'If he has deceived us, as I fear he has, he shall rue the day.'

So I clung to my charge, the prisoner we had brought along with us, while the rest made discovery of our capture. Bale after bale they cut, but no treasure was to be found. Nothing was in them but victuals for the fleet. Frank sent for the chief carrier to learn where the gold was, as we had little time to spare, and then we knew the worst.

'Ah, most worthy cabalero,' said the chief carrier, who seemed a very tall, sensible fellow, 'they have played you a trick, for which none is to blame but yourself.'