“There’s gold in the pond, father,” said Jack.

“Gold in your eye!” exclaimed the Captain, putting down his pipe and his newspaper. “What sort of gold?” said he, smiling.

“Shiny gold, like the half-sovereign you wance gave me for behavin’ myself when you was away.”

On this, Captain Carey, without another word, put on his hat and walked with his son to the diggings, which were by this time a pretty considerable trench.

“There,” said Jack, pointing, “my spade drove upon him, and I’ve scraped that much clear.”

The Captain looked, and perceived what resembled a fragment of a shaft of metal, dull and yellow, with lines of brightness where Jack’s spade had scraped the surface. He at once jumped into the trench and bade Jack fetch his spade. They then dug together, and in about a quarter of an hour succeeded in laying bare a small brass cannon of very antique pattern and manufacture. It was pivoted. They dug a little longer and deeper, and exposed a portion of woodwork. The scantling was extraordinarily thick, and the gun was pivoted to it. The Captain’s face was red with excitement.

“Run and see if Tom’s in,” he cried, “and if he ain’t leave word that he’s to join us with his spade as soon as he arrives, and then come you back, Jack. By the great anchor, if here ain’t a foundered ship call me a guffy!”

The sailor son, armed with a spade, appeared on the scene within twenty minutes.

“It’s an old brass swivel, father,” he shouted.