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JOAN OF THE ISLAND

wow, eh! You did quite right, Keith. By the way, I wonder—" his voice trailed off.

"What?" Joan asked.

"Moniz said he hadn't found anything much. He's a natural born liar, but maybe he didn't."

"I'm inclined to agree with you," said Keith.

"You never can tell with a wily chap like that," Chester declared. "Isn't it just as possible that he struck lucky and thought he'd try to make sure of getting in on the ground floor, for a share of the rest of the pearls there?"

"Maybe," Keith agreed, "but it doesn't cut any ice so far as we're concerned. Our real business with the brute starts in the morning. After that the reef is likely to be exclusively his or ours."

But the morrow brought the unexpected. While the trio were at breakfast, making deliberate plans for the coming fight, the bird-like schooner, fluttering a white sheet once more, dropped anchor in the bay. Keith, facing the window, saw it first, and, in sheer surprise held his coffee cup in mid-air for ten seconds before he spoke. Then he laughed.

"I wonder if he'll expect to be invited to breakfast!" he exclaimed. "Really, nothing that man did would surprise me."

The Portuguese came ashore and climbed up the path to the house with as much assurance as though he owned it. Chester Trent, going to the door, met him with an expression that was none too cordial.