"Heaven forbid," cried Day. "The only horse that visits these parts is rode by the Hunter."

"Then we will give him fire to light him on his way," exclaimed Sam, with a forced laugh, and calling his men he turned and walked towards his late encampment, and was soon lost to view.

His gang followed close at his heels, and we were not sorry to see them depart, although we could not help wondering what was meant by the threat of finding fire for the supposed ghost. We found out, however, full soon, and owed the scamp a bitter grudge for his work.

The shepherd pretended to walk rapidly in the direction of the stock-house, but concealed himself amid the trees, and waited until he thought the last robber had retired from sight, when he again joined us, and received our hearty congratulations for his good conduct.

"Now, then, let us have another search for the treasure," cried Mr. Brown, springing into the hole which Day had excavated, after he had frightened us from the island.

"And you can't be too quick about the work, neither," muttered the shepherd.

I asked for a meaning to his expression, but he declined answering, and seizing the pick began to tear up the sods with lusty strokes, but before a dozen blows wore struck, I heard the point of his pick strike something that gave forth a metallic sound.

"Hold on, Day," I cried, "the prize is within our grasp at last."

I carefully removed the dirt with my hands, and had the satisfaction of bringing to light a canvas bag that was so decayed that it barely supported the heavy weight which it contained.

Mr. Brown and the shepherd were almost frantic with delight, and would have cheered lustily, had not fear of bringing the bushrangers upon us again restrained them.