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you natives can do that."

"Do you think that they are not part of the Incas' treasure, se�or?" Dias said doubtfully.

"Certainly not; they were undoubtedly here before the Incas' time. But even had they been put there by Incas, you could not call them hidden treasure. They might be part of the Incas' property, but certainly not part of the treasures they hid."

"But it is altogether too much, se�or; it is noble of you to offer it me."

"Not at all; we owe everything we find to you, and it would be only fair that you should have at least a third of the gold. But still, if you won't touch that, you must take the silver."

"But I heard you say that it was worth four thousand pounds."

"Well, if we are lucky we shall get twenty times as much, Dias."

"Certainly we will take it, se�or, and grateful we shall both be to you," Maria said; "and so will Jos�, who will inherit it all some day, as he is the only relative we have. I agree with Dias about the gold. I have heard so often about the curse on it that I should be afraid."

"Well, Maria, you see there is a lot of nonsense in all your superstitions. You know it was one of them that this place was guarded by demons. Now you have seen for yourself that it was all humbug. If you are afraid about the silver, I will take it to England and sell it there and send you the money it fetches; but that would give a great deal of trouble. It will be difficult to get the gold safely away, without being bothered with all this silver.

"You had better buy some bags of charcoal, Dias. I suppose you will use that small hearth we have?"

"No, se�or, it would take an immense time to do it in that. I will load one of the mules with hard bricks."

"You will want two mules to carry a hundred, Dias—I think they weigh about four pounds and a half each. Will that be enough?"

"Plenty, se�or; but I shall want another bellows. Jos� and I can work the two of them, and that will make a great heat. We can melt two or three hundred pounds a day. I have helped to make many a furnace up in the mountains, and I know very well all about the way to build and work them."

"Very well, then, that is settled. You had better start to-morrow morning with Jos�, and we will spend the day in finding out a little more about the gold."

Dias started the next morning, and the two brothers were in the water most of the day. Harry found, as he had expected, that a great deal of the treasure had sunk out of reach between the rocks; but he came upon one pile, which had apparently been originally packed in sacks or skins, lying in a heap a little farther out than they had before searched. He had no doubt that this was the point where the stern of the boat had sunk, and a considerable portion of the contents had been shot out, while the rest had been scattered about as the boat broke up, and as the skins rotted their contents had fallen between the rocks. There were, as nearly as he could calculate, two hundred and fifty to three hundred ingots in the pile.

"I need not trouble about the rest," he laughed to himself. "Each ingot, if it weighs twenty pounds, is worth a thousand. Two hundred of them would make me as rich as any man can want to be. I can hardly believe in my luck; it is stupendous. Fancy a half-pay lieutenant with two hundred thousand pounds! Old Fortescue will become one of the most complaisant of fathers-in-law."

The evening before Dias left, Harry had written a letter for him to post at Callao, telling Hilda to keep up a brave heart, for that he hoped to be at home before the end of the second year with money enough to satisfy her father.

"I should not tell you so unless I felt certain of what I am saying. I told you before I left that it was almost a forlorn hope that I was undertaking, and that the chances were ten thousand to one against me. I think now that the one chance has turned up, and I hope to be home within two months of the time that you receive this letter."

He did not say more; but even now he could scarcely believe that the good fortune had befallen him, and feared that some unlucky fate might interfere between him and the fulfilment of his hopes. When Dias returned after two days' absence the work began. Each morning they worked together at bringing up the gold and piling the ingots on the rock. It was slower work than Harry had expected, for on hauling the bag to the rocks it was often caught by the boulders, and he and Bertie sometimes had to dive four or five times before they could free it and get it ashore. The gold was piled in the tunnel just beyond the water. In a fortnight the last ingot they could get at was stored with its fellows—two hundred and eighty-two in all.

They had repeatedly talked over the best plan of getting the gold away, and finally concluded that it would be risking too much to take it into a town, and that the best plan would be for Harry to buy a boat at Callao, which, as a naval officer, would be natural enough. They decided to procure three times as many bags as the ingots would really require, and that they should put in each bag three ingots only, filling it up with pieces of stone, so that the weight should not exceed what it would have been were the contents heavy ore. Harry arranged that he would go down to Callao, buy a large boat, and after having made several excursions, to accustom the officials at Callao to seeing him going about, he would make a bargain with the captains of two ships about to sail to England, to carry about two tons each of ore, which he could put on board them after dark, so as to avoid the extortion he would have to submit to before the port officials and others would allow him to ship it. The question that puzzled them most was the best way of taking the bags into the boat. Dias was in favour of their being carried on the mules to a point lower down the coast, at which they could be loaded into the boat.

"It would be only necessary to carry the gold," he said, "the stones to fill the bags could be put in there."

The objection to this was that they might be observed at work, and that at most points it would be difficult both to run the boat up and to get her off again through the rollers. If the boat were brought round into the inlet she could be loaded there comfortably. The only fear was of being caught in a gale. But as gales were by no means frequent the risk was small; and should a sudden storm come on when she was lying there, and she were broken up, it would be easy to recover the gold from the shallow water behind the rocks. This was therefore settled. Only half the treasure was to be taken away at once, and not till this had been got on board a ship and the vessel had sailed would the boat come back for the rest of their treasure.

Dias was

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