about the wrecked schooner, as she probably was, and of the visit to the
cabin under water, and the finding of the gold.

Dick exhibited the bag Jack had given him, and showed the letters found on
the floor, the captain being able to read them.

"There were money and supplies shipped to the Mexican rebel leader," he
said, "and probably the vessel may have been chased, and put in among the
islands of the Caribbean to get away, and was wrecked here. There is quite
a lot of money in this bag, about a thousand dollars, and if there are
many of the bags and they are all as full as this, you will have a pretty
good sum to dispose of."

"The money belongs to Jack," said Percival. "He discovered the wreck and
it should be his. He needs the money, and I do not."

"You worked with me," put in Jack, "and if I have any of it you should
have a share. Does it belong to us, however?"

"Of course it does," said Captain Storms. "You found it and that's the law
of treasure trove. It isn't likely that the Mexican rebels or their agents
will put in a claim for it, and it is yours all right."

"But we have not got the rest of it," said Jack, "and the hold might be
flooded before we go there again. It is a wonder that the water has kept
out as long as it has."

"The iron doors have done a lot to keep it out; they are probably
watertight. That cabin you were in was like a strong room, and maybe the
skipper had it built that way a purpose. You don't know what sort of crew