Crossing the forward deck of the San Bruno, Matt stepped easily to the passage that ran along the side of the house boat's cabin. Then, on all fours, he crawled to the window through which came the glow of light.

Rising up cautiously, he peered into the cabin. The three men were there, seated on the cushioned benches that ran along the sides of the little room. All were smoking cigars, and the air was thick with the vapor. The rascals had thrown off their hats and removed their coats, so Matt had a good chance to study their evil faces.

Red-whiskers' mole was in plain evidence, but it could hardly be called a disfigurement, as the face itself was brutal and mercenary in every line.

The other two men were of like calibre, if their features could be relied upon. They were talking, but it was impossible for Matt to overhear what they were saying. From their earnestness, however, it seemed plain that an important topic was being discussed.

Presently, as Matt continued to look, Red-whiskers bent down and pulled a satchel out from under the bench on which he sat. The other two craned their necks toward him as he took the satchel on his knees and opened it.

Shoving one hand into the bag, the red-whiskered man removed a thick packet of banknotes and held it up. The packet was encircled by a paper band, and Matt's heart thumped sharply against his ribs as he realized that this was certainly the money stolen from Lorry.

While the red-whiskered man held the packet in his hand, the other two talked to him. They appeared to be pleading or arguing, Matt could not decide which.

Abruptly the money was dropped back into the bag and the bag shoved under the bench once more, the red-whiskered man shaking his head as he straightened up on his seat.

"They wanted him to divide it, and he refused," was the thought that ran through Matt's head.

This was followed by another idea, whose audacity caused Matt to catch his breath.