"It's a wonder the whole lot hadn't exploded during the storm! There's enough rock brought down from the cliff to show that the shock was exceptionally severe, to say nothing of the chance of it being struck by lightning."

"But it hasn't, sir, so that is something to be thankful for. However, it would be well to finish unloading the ballast from the yacht, but not to take the silver aboard till we have blown up the rock and made a clear passage through."

"For what reason, Mr. Wilkins?"

"Simply because we don't know what depth the new cutting will be. It might be twelve feet, it might be only six; so the lighter we can make the vessel the less draught she'll draw, and the greater chance she'll have of slipping through."

"But there will be greater difficulty in loading up outside the reef."

"Granted, sir; but we must take the risk, unless, of course, the blasting-powder cuts a deep and unobstructed channel."

So, directly we returned to the "Fortuna," message was sent to the wreck to defer the removal of the pigs of silver for the present.

On my uncle's return he reported that the twenty sows were correct in number, but only ten chests full of pieces-of-eight were to be found, so it was assumed that the remaining five chests had been broken open and their contents shared out by Humphrey Trevena immediately after the capture of the "San Philipo" by the "Anne."

Nearly five tons of ballast had been removed from the "Fortuna," more than sufficient to compensate for the additional weight of the specie; but, in view of the probable difficulty of taking the yacht between the reefs to the open sea, it was decided to proceed with the unloading of the iron ballast, till the "Fortuna's" draught would be reduced to the least margin of safety.

"We've done very well this forenoon," remarked my father, "so we can reasonably take a spell off till the sun is low down."