We smiled, for we thought how little he was capable of coping with the energy and enterprise of ourselves.

"I see that you consent," he cried; "and now for the friend that yielded all the wealth which I possess. Follow me a short distance."

He led the way at a rapid pace towards the small stream which we had crossed so many times, and near the very spot where we had encamped on our first visit to that part of the country.

"There is where I obtained my gold," he said, stopping suddenly, and pointing with his hand towards the bank of the stream.

"You are misleading us," I said, not knowing what he meant.

"So help me, Heaven, I am not. Here, on the banks of the stream, I have dug and washed thousands of pans full of earth, and yet no living soul ever saw me at work. Here did I collect my gold, a shilling's worth at a time, some days, and on other occasions by the ounce, until I gained what I possess. I have toiled for it during heat and wet, and every grain that you saw was obtained that way."

We were silent from wonder, and could hardly realize that he spoke the truth. At length, Fred remarked,—

"For months, then, you have been aware of the existence of gold in this particular spot?"

"Not only in one spot, but all along the stream can gold be found. Even where you stand scales of dust can be obtained. The earth is full of treasure, and requires but little stirring to enrich all who choose to work."