a rod distant; even the
hound appeared disconcerted at the noise, and seemed undecided whether
to attack or wait for more decided manifestations.

"God be with us," cried the stockman, suddenly grasping his
long-barrelled gun; "let us make the best of our way from the forest, or
by morning we shall not be alive."

"Of what are you afraid?" demanded Fred. "A wolf cannot harm you, and
at the worst, a wildcat or two are no match for us well-armed men."

"There are no wolves on the island, and wildcats are unknown," replied
the stockman, calmly.

"Then name the animals which produced those screams," cried Fred.

"I wish that they were animals," rejoined the stockman, "for then there
would be hope for us miserable sinners. The screams which we have heard
are produced by men bent upon destruction."

"What do you mean?"

"I mean that we have been duped by Steel Spring to reveal the burial
place of the treasure, and that now, in answer to his signal, a band of
murderers are already enclosing us in their meshes, and in a few
minutes, unless we act with promptness and prudence, we shall be in
their power."

"We will sell our lives dearly, at all events," muttered Fred, "and
sooner than their blood-stained hands shall grasp this gold, we will
lose it forever."

Again we heard a chuckling laugh amid the bushes, and angry at the
imposition of the long-legged scamp, I raised my rifle, and guided by
the noise, let drive its contents. A yell of agony, such as is often
uttered by a wounded man, met our ears, and I rejoiced to think that I
had punished his treachery.

"God be merciful to him a sinner," exclaimed the pious old stockman.

"You have punished him for his tricks," said Fred; but almost before he
had finished the sentence, a scream of sardonic laughter, in a different
direction, proved that he was uninjured.

Again did we hear shrill, prolonged yells from several parts of the
forest, and from their distinctness we knew that the bands of
bushrangers, or whoever were the utterers, were gradually closing in
upon us, and to stay where we were for half an hour was certain
destruction.

The light was not sufficient to see each other's faces, but I had but
little doubt, from the manner in which my friends grasped their weapons
and examined their contents, that they were determined to sell their
lives as dearly as possible.

"I am an old man," sighed the stockman, "and of little use on earth, and
were I but certain