"About twenty thousand dollars, Tom. It will be hard to lose it, but I guess I can stand it."

Tom privately made up his mind to see that his old friend did not suffer financially, for the gold discovered on the Pandora, while it was far from the amount hoped for, would almost reimburse Mr. Damon. But the young inventor did not say anything about that just then.

They were looking at the recovered gold and getting ready to store it in some of the boxes that had been brought from the wreck when the divers that had remained on the Pandora to bring the last of the treasure returned through the chamber. Two of them carried a small steel box.

"What's that?" asked Tom, when they had their helmets off.

"Don't know," was the answer. "It was in the purser's safe. Stuck away in the far corner."

"Maybe it has jewels in it!" exclaimed Ned. "If it has—"

At that moment the lookout who had maintained his position in the conning tower called for Tom on the telephone.

"What is it?" asked the young inventor.

"There's some sort of grappling iron, or cable with a hook on it, being lowered from the surface, and it's near the wreck," was the answer. "If it isn't any of your apparatus it may be some other ship having a try for the gold."

"It must be Hardley!" cried Tom. "He's come back with another ship, as he half threatened to do, and, instead of diving for the wreck, which he can't get ordinary men to do in this depth, he's trying to grapple for it. Come on, we'll have a look!"