"Pardon me if I put it bluntly," said my father, "but if you know where the treasure lies, why have you not recovered it ere now?"

"That I'll explain, methinks, to your satisfaction, though 'tis a long story. Yet, to put it briefly, I was cast away on the island where the treasure lieth in the year 1674. For two years I was cut off from my fellow-men, till a Spanish barque took me off. It goes without saying that I told the Dons naught concerning the treasure; but on setting foot in England once more, I took steps to obtain command of a vessel trading with the Indies. Yet ill fortune thwarted my purpose."

"How so?"

"Head winds and pestilence. Then, though I was averse to sharing my secret, I applied to my Lord Rochester to intercede with the King; but, since I was only a plain merchant captain, and no King's officer, my lord must needs flout me and deride my statement."

"My Lord Rochester had his own views on this matter, I take it," remarked my father. "There were no less than forty applications to his late Majesty from would-be treasure seekers. Fergusson went and failed; Captain Calcott did likewise, and now Phipps has been gone these two years, spending the King's money and using his ships of war, which might be more profitably employed elsewhere. Nay, I cannot blame my Lord Rochester."

"But I do!" exclaimed Captain Miles vehemently. "Not for his refusal, mark you, for he's the loser on't, but for his churlish manner. 'Twas mainly for this reason that I set out to join Monmouth's standard, for, had all been well, I am certain he would, as a man of spirit and enterprise, have been willing to grant me aid in the search."

"The Duke will need all his spirit and enterprise to save his neck from the headsman's axe," replied my father. "But concerning this matter?"

"I have a proposal to make, Captain Hammond. But ere we go farther, 'tis worth while laying hands on the chart."

"Aye," replied my father. "The sale is fixed for to-morrow, so I'll to Lymington and secure the picture at all costs."

The subject was then dropped for the time, yet I did not fail to notice that my sire was by no means in his usual spirits, but seemed preoccupied, and inclined to irritability. Constance, too, noticed the change.