1 Bag 54 Silver Barrs. 1 Bag 79 Barrs & Peaces of
Silver.

1 Bag Coyned Gold. 1 Bag Dust Gold. 2 Bags Gold
Barrs.

1 Bag Silver Rings & Sundry Precious Stones. 3
Bags Unpolyshed Stones.

1 Silver Box set with Diamonds. 4 Golden Lockets.

Also 1 Silver Porringer--2 Gold Boxons--7 Green
Stones--Rubies Great & Small 67--P'cl Peaces of
Eight & Dollars--Also 1 Bag Lump Silver--a Small
Chaine--a corral Necklace--1 Bag English Crowns."

Captain Jonathan Wellsby listened to this luscious recital with an air
of mild amusement. He was of a temper too stolid and sensible to waste
his time on random treasure hunting. Blackbeard might have chosen his
hiding-place anywhere along hundreds of leagues of coast. He could
understand the agitation of these two adventurous lads to whom this
memorandum was like a magic spell. Of such was the spirit of youth.

"Any more of it?" demanded Joe Hawkridge.

"The next page was ripped out of the journal," answered the skipper.
"What cruise did he mean? If it was this last one, he may have hid it on
the Virginia or Carolina coast."

Master Cockrell gave it as an excuse that he had sat up long enough and
would return to his bunk. He was fairly bursting for a conference with
Joe, and as soon as they were alone he exclaimed:

"It may be the sea-chest! What do you think?"

"A handsome clue, I call it, something to warm the cockles of your
heart," grinned the sea urchin. "Aye, Jack, I should wager he wrote that
down whilst he lay at anchor in Cherokee Inlet."

"It seems shabby of us to keep the secret from Captain Wellsby, but
there is an obligation on us----"

"To Bill Saxby and the old sea wolf," said Joe. "We'll not forget this
trump of a skipper when it comes to splittin' up the treasure."

"I am anxious for Captain Bonnet and his crew," remarked Jack. "With
this crusade against pirates afoot, our friends may be hanged before we
see them again."

CHAPTER XVIII

THE OLD BUCCANEER IS LOYAL

SORROW mingled with rejoicing when the _King George_ brigantine sailed
into Charles Town harbor. The sea fight off Cherokee Inlet had taken a
heavy toll of brave seamen and there were vacant chairs and aching
hearts ashore, but the fiendish Blackbeard had been blotted out and
would no more harry the coast. Small and rude as was this pioneer
settle