"Your one object," said Max, "seemed to be a terrible fear that some thief might rob us. And so as to block this little game you set out to hide the pearls in a new place."

"As where?" demanded the astounded Steve.

"Remember the second coffee pot we fetched along? Well, you hit on that as the new hiding place"; and even as Max spoke, the other, scrambling to his feet, hastened over to where the spare cooking utensils lay. Coming back with the extra coffee pot he proceeded to drag out its contents.

When the papers and the little cardboard box that contained pink cotton had all been opened, with the result that only the pebble and the few less valuable pearls were found, Steve stared in dismay.

"Oh! they're all gone!" he cried, hoarsely. "I've lost the whole bunch, just because I kept thinking about them so much, and worrying about their being stolen. Whatever will we do, Max?"

"We don't have to do anything," replied the other, with a laugh, as he drew out his coin purse; "because I've got every one of the little beauties safe right here."

"Even the one that was lost first of all," spoke up Bandy-legs, as though proud to show that he had been in the secret right along.

Steve's hand trembled when Max emptied the little white objects into his palm. And perhaps there were tears in his eyes, even as there was certainly a suspicious quiver to his voice as he went on to say:

"That's a low-down trick of mine, boys, and this time it came mighty near blocking all our fine plans by losing the pearls that are going to get us the money we need. Don't ever leave anything valuable lying around while I'm in camp. It works on my mind, I guess. Ugh! ain't I glad you saw me do it? How tough we'd feel if none of us could give a guess where the blessed little things had gone. Here, put 'em away again, Max. It sure ain't safe for a feller with my failing to be handling such pretty things."

Max, of course, did put them away securely. But his heart as well as those of Owen and Bandy-legs felt much lighter.