But I had no sooner brought it forth than I felt a tugging at my sleeve. I turned round and saw old Davie Flett frowning at me meaningly.

"Don't have anything to do wi' the auld thief!" he whispered, dragging me aside. "Come away, lad, an' let me tell ye something."

But the Jew was already examining my little black stone, and asking me to take the cord that held it off my neck. He scratched its smooth surface with his long finger nails, and then took out an old knife from his pocket and was proceeding to insert the blade under the gold ring that encircled the stone. I snatched my precious talisman from him, and replaced it under the collar of my knitted shirt. The Jew looked surprised; but without heeding him I turned away with Captain Flett, who walked with me some distance from the dispersing crowd.

When we were alone beside one of the sheds he said:

"It's all right now, Ericson, my lad. I wanted but to save ye frae makin' a fule o' yersel, like Carver Kinlay's lad."

"Why," I said, "Kinlay has made a very good bargain, has he not?"

"Simpleton!" said the skipper. "Ye didna hear what yon Dutch sailor said to the auld Jew, eh?"

"I heard, captain, but of course I didna understand," I said.

"Weel, my lad, I understood," said he. "The Dutchman asked him what kind o' gem it was he had gotten frae the boy.

"'It's a ruby,' said the Jew.