"It's all right, and I'm not half so big a fool as I may appear," he said, laughing. "Do you remember our late friends the 'river-traders'? And that they were counterfeiters? And that they occupied this very 'shanty' for several weeks? And that, after losing it, they made desperate attempts to regain its possession? And that we wondered why they had ceiled this room; also, what had become of their stock in trade?"

To each of these questions Winn gave an affirmative answer.

"Well," continued Billy Brackett, "the mystery is a mystery no longer. They ceiled this room to provide a safe and very ingenious hiding-place for their goods; they wished to regain possession of the raft, that they might recover them. They failed, and so lost them. Now, by the merest accident, we have found them."

"Do you mean—" began Winn, slowly.

"I mean," said Billy Bracket, "that while we are apparently possessed of abundant wealth, it is but the shadow of the substance. In other words, every one of those bills is a counterfeit, and the sooner they are destroyed the better."

In spite of this disappointing announcement, the desire of the raftmates to discover the full extent of the "river-traders'" secret hoard was so great that, having found a candle, they proceeded by its light to tear off the whole of the interior sheathing of the room. They found a quantity of the counterfeit money, which Billy Brackett, sustained by Mr. Manton, insisted upon burning then and there. They also found, carefully hidden by itself, a package containing exactly one hundred genuine one-hundred-dollar bills.

"Enough," said Billy Brackett, quietly, "to refund the hundred they got from Glen and Binney, to repay Major Caspar for the wheat they dumped overboard, and to make good the loss of the Whatnot, which so nearly broke the heart of our brave old friend Cap'n Cod."

The justice of this disposition of the money was so evident that not a single dissenting voice was raised among those who had found it, for they all knew that an effort to trace it to its rightful owners would not only be fruitless, but would cost more than the entire amount.

The knowledge that his father was thus to be recompensed for the loss of which he had been the direct cause so raised Winn Caspar's spirits that when daylight came, although their situation remained unchanged, he felt himself to be one of the very happiest boys in all Louisiana.

The coming of daylight, while gladly hailed by the occupants of the wrecked raft, also disclosed the extent of the devastation caused by the flood. As they had surmised, the Venture was stranded at the foot of the huge stone bagasse-burner. The mill near by was partly demolished. The great house, standing amid its clumps of shrubbery and stately trees, a quarter of a mile away, was surrounded by water that rose nearly to the top of the stone piers by which it was supported. The quarters and other out-buildings had disappeared. Even at that distance they could see a throng of refugees on the verandas and at the windows of the great house.