CHAPTER TWO Captain Mitchell, pacing the wharf, was asking himself the same question. There was always the doubt whether the warning of the Esmeralda telegraphist—a fragmentary and interrupted message—had been properly understood. However, the good man had made up his mind not to go to bed till daylight, if even then. He imagined himself to have rendered an enormous service to Charles Gould. When he thought of the saved silver he rubbed his hands together with satisfaction. In his simple way he was proud at being a party to this extremely clever expedient. It was he who had given it a practical shape by suggesting the possibility of intercepting at sea the north-bound steamer. And it was advantageous to his Company, too, which would have lost a valuable freight if the treasure had been le

