them.  They took advantage of their imprisonment under hatches to bury it in the ship.  They hid it in the hold so securely and safely that it was never detected by us or the Callao authorities.  I was then asked, as one who knew the vessel, to undertake a private examination of her, with a view of purchasing her from your father without awakening his suspicions.  I assented.  You have my confession now, Miss Nott.  You know my crime.  I am at your mercy.”

Rosey’s arm only tightened around his own.  Her eyes sought his.  “And you didn’t find anything?” she said.

The question sounded so oddly like Sleight’s, that Renshaw returned a little stiffly: 

“I didn’t look.”

“Why?” asked Rosey simply.

“Because,” stammered Renshaw, with an uneasy consciousness of having exaggerated his sentiment, “it didn’t seem honorable; it didn’t seem fair to you.”

“Oh you silly! you might have looked and told me.”

“But,” said Renshaw, “do you think that would have been fair to Sleight?”

“As fair to him as to us.  For, don’t you see, it wouldn’t belong to any of us.  It would belong to the friends or the family of the man who lost it.”

“But there were no heirs,” replied Renshaw.  “That was proved by some impostor who pretended to be his brother, and libelled the Pontiac at Callao, but the courts decided he was a lunatic.”

“Then it belongs to the poor pirates who risked their own lives for it, rather than to Sleight, who did nothing.”  She was silent for a moment, and then resumed with energy, “I believe he was at the bottom of that attack last night.”

“I have thought so too,” said Renshaw.

“Then I must go back at once,” she continued, impulsively.  “Father must not be left alone.”

“Nor must you,” said Renshaw, quickly.  “Do let me return with you, and share with you and your father the trouble I have brought upon you.  Do not,” he added in a lower tone, “deprive me of the only chance of expiating my offense, of making myself worthy your forgiveness.”

“I am sure,” said Rosey, lowering her lids and half withdrawing her arm, “I am sure I have nothing to forgive.  You did not believe the treasure belonged to us any more than to anybody else, until you knew me”—­

“That is true,” said the young man, attempting to take her hand.

“I mean,” said Rosey, blushing, and showing a distracting row of little teeth in one of her infrequent laughs, “oh, you know what I mean.”  She withdrew her arm gently, and became interested in the selection of certain wayside bay leaves as they passed along.  “All the same, I don’t believe in this treasure,” she said abruptly, as if to change the subject.  “I don’t believe it ever was hidden inside the Pontiac.”

“That can be easily ascertained now,” said Renshaw.

“But it’s a pity you didn’t find it out while you were about it,” said Rosey.  “It would have saved so much talk and trouble.”