“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.”

“Then there is no occasion for us to go farther,” I said; “here will we rest and try our luck.”

“You can’t,” shrieked the old man, shaking his withered hands, and gesticulating violently.  “You have promised not to interfere with my work, and I hold you to your word.  To me belongs the exclusive right of mining on this land.  I cannot share it with strangers.”

“Why, how unreasonable and selfish you are, to exclude us from the privileges which you enjoy!” returned Fred, angrily.

“Not so,” replied the old man, somewhat mortified.  “Let a rumor reach Melbourne that gold is to be found by the side of this small stream, and thousands of adventurers will flock here.  My sheep would be driven off or destroyed—­the stream would be dried up, for there is hardly water enough to supply my animals at the present time.  Men would perish with thirst, and cut each other’s throats in their despair.  My home would be invaded, and the old man forced from the ground, and perhaps lose his all while struggling in the race for wealth.”

There was too much truth in the old man’s words, and we were not disposed to gainsay them.  Still, we did not like to relinquish a chance for money-making, and therefore we were disposed to argue the question.

“Here are days,” we said, “when not a team or a foot passenger passes this way.  We could always be on the watch, and as soon as we saw strangers we could desist from digging.  Besides, then you would have us near you to protect and look after your interest.  Consider how much we could assist you.”

“I considered every thing,” replied the old man, with a shake of his gray head, as though he was determined not to be convinced.  “I knew that, unless I exacted a solemn promise, you would be wild to take advantage of my information.  But I know your hearts, and am well aware that you will not struggle against an old man’s wishes.”