By the time we reached the scene of our gold digging operations the greater portion of the heat of the day was passed, and we felt refreshed and ready to commence work with a will. Steel Spring, who had promised his valuable aid in searching for the treasure, in consideration that we would befriend him and save his neck from the grasp of the police, had led the way with immense strides, and a confident air that inspired us with renewed hope and bright anticipations of success.

Upon reaching the ground we found that our shovels and picks were undisturbed, and it was evident that no visitor had intruded during our lengthy absence.

"Come, Steel Spring," I said, addressing that worthy personage, "point out the right spot for us to dig, and then we will go to work without delay."

"But I can't do that vithout some calculation and study. All great hengineers has to investigate before vorking, and I'm no exception to the rule."

"Why, you miserable scamp," cried Fred, angrily, "didn't you say that you could lead us to the very spot where the treasure was buried?"

"Vell, vot if I did? Can't a man make 'stakes—and vouldn't you 'ave said that you knew something, if a rifle vos placed agin your brains, and a feller threatened to blow 'em hout?"

"Then you mean to say that you have imposed upon us?' I asked, coolly, seeing that Fred was likely to get into a passion.

"No, I don't say that, 'cos tain't so; and I should but tell a lie if I spoke in that way. A falsehood is an abomination vich I can't stand, and I was never guilty of one," answered the fellow, with a grin which proved how well he liked to stretch the truth.

"Explain your meaning," said Fred, "or I will hang you on a gum tree, and use you as a scarecrow." "Vell, didn't I tell you I saw the money buried from a distance? You don't s'pose that I would be very near when Jim Gulpin was doing secret things, does you?"

I made no answer, and he continued,—