Upon this the landlord departed, and Valentine Jernam retired to the little den called a private room, where he speedily fell asleep, wearied out by his journey on the previous night.

His slumbers were not pleasant. He sat in an uneasy position, upon a hard wooden chair, with his arms folded on the table before him, and his head resting on his folded arms.

There was a miserable pretence of a fire, made with bad coals and damp wood.

Sleeping in that wretched atmosphere, in that uncomfortable attitude, it was scarcely strange if Valentine Jernam dreamt a bad dream.

He dreamt that he fell asleep at broad day in his cabin on board the 'Pizarro', and that he woke suddenly and found himself in darkness. He dreamt that he groped his way up the companion-way, and on to the deck.

There, as below, he found gloom and darkness, and instead of a busy crew, utter loneliness, perfect silence. A stillness like the stillness of death reigned on the level waters around the motionless ship.

The captain shouted, but his voice died away among the shrouds. Presently a glimmer of star-light pierced the universal gloom, and in that uncertain light a shadowy figure came gliding towards him across the ocean—a face shone upon him beneath the radiance of the stars. It was the face of the ballad-singer.

The shadow drew nearer to him, with a strange gliding motion. The shadow lifted a white, transparent hand, and pointed.

To what?

To a tombstone, which glimmered cold and white through the gloom of sky and waters.