This may seem a strange vow for a man to make on an unknown island; but Robert Penfold had a powerful understanding, sharpened by adversity, and his judgment told him truly that he possessed wealth on this island, both directly and indirectly. In the first place, knowledge is sometimes wealth, and the knowledge of this island was a thing he could sell to the American merchants on the coast of Chili; and, with this view, he put on board his boat specimens of the cassia and other woods, fruit, spices, pitch, guano, pink and red coral, pearl oysters, shells, cochineal, quartz, cotton, etc., etc.

Then he took his chisel, and struck all the larger pearls off the shells that lined Helen's cave. The walls and roof yielded nine enormous pearls, thirty large ones, and a great many of the usual size.

He made a pocket inside his waistcoat to hold the pearls safe.

Then he took his spade and dug into the Spanish ship for treasure. But this was terrible work. The sand returned upon the spade and trebled his labor.

The condition to which time and long submersion had reduced this ship and cargo was truly remarkable. Nothing to be seen of the deck but a thin brown streak that mingled with the sand in patches; of the timbers nothing but the uprights, and of those the larger half eaten and dissolved.

He dug five days, and found nothing solid.

On the sixth, being now at the bottom the ship, he struck his spade against something hard and heavy.

On inspection it looked like ore, but of what metal he could not tell; it was as black as a coal. He threw this on one side, and found nothing more; but the next day he turned up a smaller fragment, which he took home and cleaned with lime juice. It came out bright in places like silver.