"What do you mean by that?" asked Horace, cocking his head sidewise and looking at his host speculatively.

"Just what I say," replied the latter. "You see, it happened down in South America, several months ago. We were running a railroad through a great estate, oh, an enormous estate in the mountains. You could get about any variation of climate and soil you wanted. Well, there was a tradition about the place which I heard again and again, and which gradually grew to haunt my imagination; it was that somewhere on this estate was a lost mine of stupendous value; and that although no one had apparently any idea where it might be located, or had succeeded in finding a trace of it, nevertheless, according to current report, it had been worked within the last quarter of a century, that is, worked in a primitive and intermittent sort of way."

"But," interrupted Penfield, "twenty‑five years! That of course is within the memory of dozens of people. What on earth—"

"Wait," said Hayden. "Your part of this game is to listen calmly, not interrupt. Don't you suppose I considered all those points? Now to go back into the history of the thing; this is the story that I gathered, here a little, there a little, and gradually pieced together.

"This vast estate was one of the holdings of a very ancient and noble Spanish family. It was, as I have said, situated in the mountains, and naturally comprised great tracts of valueless land, barren and rocky, although there were also fertile valleys and broad cultivated plateaus. A great mansion, the home of Don Raimond De Leon, the owner of the estate, was situated on one of these plateaus and commanded one of the most beautiful views one could dream of. One gazes down the mountain side on fields of corn and alfalfa, green as emerald, and orchards of blooming fruit‑trees; down, down these terraces fall until at their feet lie the tropical valleys with their orange and pineapple groves, and wild, luxuriant vegetation; and then, one turns and glances upward; above him the barren mountain sides, the summits austere, remote, covered with perpetual snow.

"Well, here surrounded by every form of natural scenery, there lived, I say, this old don and his only daughter, Lolita. Of course she had a name a mile long, Maria Annunciata Mercedes Eugénie and all the rest, but they called her Lolita for convenience. The traditions of their rank were always rigidly maintained. They lived in feudal state and splendor, occasionally journeying to Spain; and the daughter, in addition to her beauty, was possessed of all the graces and accomplishments of a young woman of her class.

"But while yet in the flower of her beauty and youth, an American adventurer, a soldier of fortune, appeared upon the scene. He had either come by design or strayed there by mistake, probably the former; but that, however, is immaterial. He happened to possess those first requisites of the successful soldier of fortune—a charming personality, a pretty wit, and a most ready address. In a very short time, the hacienda and all that it contained were his. He captured not only the daughter but the old don himself, and to him the latter confided the source of the family's almost illimitable wealth, the source, but not its location; and this source was a hidden mine, called oddly enough 'The Veiled Mariposa.'"

Penfield started as if he had been shot. "What did you say that name was?" he cried, his ferret‑face sharpened with eagerness.

"The Veiled Mariposa," repeated Hayden, watching him keenly, and overjoyed at the success of his plan. It was evident that Horace knew something. "Mariposa is the Spanish name for butterfly, you know."

"By Jove, what a coincidence!" muttered Penfield.