"As a swimming feat, that was the best exhibition I ever saw," said Jones to his friend. "In the night time it was wonderful. That white cloth was there for an excellent purpose, but even in that clear water it must have been hard to have picked it up to a certainty in the dark. I suppose the sooner we get the news to the marshal the better it will be for all hands. I for one am not very much ashamed of myself."

"Nor I," said Mr. Jackson.

"You will understand," said Smart, "that neither my mate nor myself had anything to do with the game further than to obey orders and accept pay for diving."

"You will neither be mentioned nor asked to appear—no matter what happens," assured Mr. Jones. "We will make this discovery ourselves. It is due us as intelligent men—eh?" he added to Mr. Jackson. That gentleman agreed with vigour.

Stormalong Journegan had lost heavily at the wheel, the seductive roulette. He said very little, but arose before his accomplice and going to the bank drew out nearly the whole amount to the credit of the company. As it happened the whistle of the Nassau steamer was blowing its first warning blast for the people to get ashore who were not going to sea within a few minutes. Journegan noticed it and walked along the water-front. As he went his way he noticed the small boat of the Sea-Horse with Mr. Jones, Mr. Jackson, Smart and—yes, there was no mistake—Bahama Bill. The giant mate was rowing and sending the craft along with sweeping strokes. Stormalong Journegan looked but for a moment more. Then he ran with all the speed his long legs could give for the steamer. He reached her just as she was pulling out from the wharf and managed to make the jump aboard without creating comment. He instantly made his way to the lavatory, where he remained for at least an hour, washing and rewashing his hands. When he appeared on deck the steamer was well down the channel standing for the open sea. He was never seen again after landing the next morning at Nassau.

Mr. Smithe was aroused by a knock at his door some time that afternoon and he called out affably to the person to enter, thinking it his energetic partner, Mr. Journegan, whom he had missed for several hours. The marshal entered, and Mr. Smithe had the satisfaction of seeing his trusty gun lying safe and snug in his bureau drawer.

"You can raise your hands, Mr. Smithe," said the officer of the law.

Mr. Jones waited not very long before paying his hotel bill. He proceeded to the writing-room and wrote a short note home, telling of his marked improvement, his ability to travel alone, and that he would soon be North again. "I have been taking the gold cure," said he as he ended his letter, leaving his family very much disturbed.

Mr. Jackson found urgent business calling him North the next day. He declined to be interviewed. "In the interest of science, I shall keep the secret of the chemical precipitation of gold in sea-water," he said. "It is a wonderful discovery."

Bahama Bill sat and grinned in the morning as he read the news in the daily paper. Captain Smart felt easier in his mind.