later on and live the rest of their lives ashore in peace and luxury. What was more natural than that they should hide their shares of the plunder on some of the little islands they were familiar with? They wouldn't dare to keep it on their ships, where their throats might be cut at any moment if their crews knew there was treasure aboard." "That's true enough," admitted his employer. "And if they did bury it," pursued the young man, encouraged by this concession, "why shouldn't a good deal of it be there yet? Gold and silver and jewels don't perish from being kept underground. And as most of the pirates died in battle, they had no chance to go back and dig the plunder up from where they had buried it." "But some of the crews must have been in the secret," objected Tyke, "an' after the death of their captains what was to hinder them from going after the doubloons an' getting 'em." "There might have been a good many reasons," answered Drew. "In the first place, the captains seem to have had a cheerful little habit of killing the men who did the digging and leaving their skeletons to guard the treasure-chests. And even when that didn't happen, what chance would the common sailor have had of going after the loot? He couldn't have got a ship without giving away his secret, and the minute he'd given it away his own life wouldn't have been worth a copper cent. "And then, too," went on Drew, warming to his subject, "look at all the traditions there are on the subject. Where there is so much smoke there must be some fire. A single rumor wouldn't amount to much, but when that rumor persists and is multiplied by a thousand others until it becomes a settled belief, there must be something in it. The rumors are like so many spokes of a wheel all pointing to a single hub, and that hub is—treasure!" "I declare! you're getting all het up about it," grinned Tyke, as Drew paused for breath. "But all the same, my boy, you want to get back to earth. You've got as good a chance of finding hidden treasure as I have of taking first prize in a beauty show." "What's the matter with taking a look in Manuel's box and finding out what it was he was so anxious about?" questioned Drew, a little dashed by Tyke's skepticism. "Well, perhaps we shall some time later on," conceded Tyke, somewhat doubtfully. "We can't think of doing it until we git moved an' settled. We've got enough on hand now to keep