"Is this another, then?" inquired Mr. Chalk.

"P'r'aps," said Miss Vickers, briefly.

"As the captain said he had burnt his, this must be another," said Tredgold.

"Didn't he burn it, then?" inquired Mr. Chalk.

"I should be sorry to disbelieve Captain Bowers," said Tredgold.

"Couldn't be done," said the brooding Stobell, "not if you tried."

Mr. Chalk sat still and eyed them in perplexity.

"There is no doubt that this map refers to the same treasure as the one Captain Bowers had," said Tredgold, with the air of one making a generous admission. "My client has not volunteered any statement as to how it came into her possession—"

"And she's not going to," put in Miss Vickers, dispassionately.

"It is enough for me that we have got it," resumed Mr. Tredgold. "Now, we want you to join us in fitting out a ship and recovering the treasure. Equal expenses; equal shares."