"For the first week or two I felt desperate. The loneliness oppressed me, I thought I should go mad. I walked for miles, shouting at the top my voice until I was exhausted. I meant making someone hear, even if it turned out to be savages. I believe in those days I would willingly have walked into the midst of a cannibal camp and taken my chance. Not a soul did I see, black or white, nor have I seen anyone until you came here."

"We saw the signal," said Phil. "I wonder no passing schooner observed it before."

"There are very few boats come in close enough for that," said Jacob. "This is a lonely, almost unknown part of the coast, and it is dangerous in rough weather. That signal pole was blown down a dozen times, I think, and I only fixed it up again a couple of days ago. It is lucky for me you saw it, lucky for all of you, too, as I will tell you.

"I found out this place once when I had been cruising around King's Sound, Roebuck Bay, and such like places. We happened on it quite accidentally. I was keeping a sharp look out and noticed the promontory at the far side of the channel. I had never sailed so near the coast before in these parts, and it struck me there might be a large bay beyond. The crew thought I had taken leave of my senses when I steered for the rock, but they had faith in me and had sailed with me several times. They were surprised to find such a bay as this, but they little knew my object in entering it. In the old days, at Cossack, I had heard an old pearler speak of a wonderful bay where there was heaps of shell that had never been touched. He described the place to me and I asked him why he had not tried it himself. He said he was too old, that he had sufficient to live on, and did not mean to worry about anything. He told me if ever I was near the northern part of Australia to try and find it, and gave me to understand it was north-west of Western Australia. When I saw the big rock at the entrance to the bay I recollected what he had said.

"I am an expert diver myself and have remained down below almost as long as the best of the Malays. At night I cautiously went down in the bay and felt about. There were hundreds of shells, big and little, and I felt certain I had struck a fortune if properly handled. I had to be very careful, as I did not wish the crew to know what I was after. I gave them a rest, and they all went ashore to have some sport, and find turtle. When I was alone, I lost no time in going down again, and groped about the bottom until I found some shells. With these I came up to the surface, almost exhausted, but I managed to get on board. I got a large butcher's knife and opened the first shell, and eagerly examined it for pearls. There was nothing in, but the pearl shell was excellent. In the next I had better luck, for I found two good sized pearls of rich colour, they were loose in the shell, and rolled out when I opened it, which does not often happen.

"I waited until I recovered my strength, and went down again. I brought up two more, in one of them was a big blister, and in it I found a pearl I afterwards sold in Fremantle for over fifty pounds. I knew I had struck it rich, and that if I had the capital there was a heap of money to be made. Since I have been stranded here I have tried various parts of the bay, and I give it you, as my candid opinion, that there is no pearl fishery on the coast to be compared to it. The whole bay is, I think, covered with shells, and I have very little doubt many pearls of great value will be found there. I know where the best spots are, for I have been swimming about and diving all over the place. I can assure you, Barry Tuxford and all of you will be well satisfied with the result."

Jack Redland's heart beat high with hope as he listened to Jacob Rank's story, and even Phil Danks and Hake Moss, who were accustomed to hearing far fetched yarns, knew that Jacob did not speak without the book, or talk at random.

Jack was the first to speak, and thanked Jacob for his interesting story. He then told him that Barry Tuxford had empowered them to give him his fair share in whatever they might find, and that he was to tell him he need have no fear on that head.

"You must work in with us," said Jack, "and I am perfectly certain you will be satisfied."

"Barry Tuxford's word is always reliable," said Jacob. "He has faith in me, and I have faith in him. How many divers have you?"