208 FOR THE FLAG bottom of the lagoon, with a stone tied to my neck! It is well to know! Then in answer to Serko’s last words I said,— “ Quite serious, I assure you.” “Ah, well,” continued my interlocutor, “if I had the honour to be Simon Hart, I would argue to myself thus: granting, on one side, Ker Karraje’s personality, the reasons which have induced him to choose so mysterious a hiding-place as this cavern, the necessity that the said cavern should baffle all attempts at discovery, not only in the interests of Count D’Artigas, but also of his com- panions—” “ Of his accomplices, if you will allow me.” “Of his accomplices, be it so!—and on the other hand, granting that you know Count D’Artigas’ real name and the mysterious strong box where our riches are stored—” “Tll-gotten gain, and soiled with blood, M. Serké.” “So be it, again! You must understand that this question of liberty can never be solved to your liking.” Discussion was useless under these conditions. So I shifted the conversation to another line. “Might I know,” I asked, “how you have learned that Gaydon the keeper is Simon Hart the engineer ? ” “There is no reason why I should not tell you, my dear colleague. /It was rather by chance. We had some business with the works to which you were attached, and which you left one day, under circumstances sufficiently singular. Now during a visit I paid to Healthful House,