Larry put the charm in his pocket, together with the note, and was
about to leave the room, when the fisherman, who was lifting from
the corner a box, in which to deposit his money, uttered an
exclamation.

"What is it?" asked Larry.

"Why, it's a man's beard. Somebody's shaved his off and left it
here. How in the name of a soft-shell clam----"

"It's that man!" cried Larry. "I knew he had a beard on when we
pulled him ashore!"

"A beard on?" murmured Bailey, in questioning tones.

"Yes," went on Larry. "When you were outside, getting some wood,
just before you ran down the beach when the life savers came, I was
in here. The man stuck his head from the bed-room and asked for his
clothes, which I gave him. I noticed he was smooth shaven----"

"Why, he had a beard on when we pulled him from the water,"
interrupted the fisherman.

"I was sure he did, but when I asked him why he had shaved it off he
said I was mistaken--said it was only a bunch of seaweed I had
thought was a beard. Then you called me to hurry out, and I forgot
all about it until now. But he must have shaved his whiskers off in
here, and then he disappeared. There's something strange about it
all."