Mr. Chalk sat still and eyed them in perplexity.

"There is no doubt that this map refers to the same treasure as the one Captain Bowers had," said Tredgold, with the air of one making a generous admission. "My client has not volunteered any statement as to how it came into her possession—"

"And she's not going to," put in Miss Vickers, dispassionately.

"It is enough for me that we have got it," resumed Mr. Tredgold. "Now, we want you to join us in fitting out a ship and recovering the treasure. Equal expenses; equal shares."

"What about Captain Bowers?" inquired Mr. Chalk.

"He is to have an equal share without any of the expense," said Tredgold. "You know he gave us permission to find it if we could, so we are not injuring anybody."

"He told us to go and find it, if you remember," said Stobell, "and we're going to."

"He'll have a fortune handed to him without any trouble or being responsible in any way," said Tredgold, impressively. "I should like to think there was somebody working to put a fortune like that into my lap. We shall have a fifth each."

"That'll be five-thousand-pounds for you, Selina," said Mr. Stobell, with a would-be benevolent smile.

Miss Vickers turned a composed little face upon him and languidly closed one eye.