Bags, however, told him he was altogether mistaken in his estimate--most of the things were pinchbeck, he said, and the stones all glass; and, to save Bill any trouble, he offered to dispose of them himself to the best possible advantage, and bring his partner his share of the proceeds, which would certainly be at least ninepence, and might perhaps be half-a-dollar. This arrangement did not, however, meet the approbation of the astute William, who insisted on dividing the spoils by lot. But here, again, there was a slight misunderstanding, for both fixed their affections on a gigantic watch, which never could have been got into any modern pocket, and whose face was ornamented with paintings from the heathen mythology. Both of them supposed, from the size and the brilliancy of the colours, that this must be of immense value. Finding they were not likely to come to a speedy arrangement on this point, they agreed to postpone the division of the spoils till morning. "I'll tell ye where to put it, Bags," said Bill. "These here guns in this battery haven't been fired for years, nor ain't likely to be, though they loaded 'em the other day. Take out the wad of this one, and put in the bundle." Bags approved of the idea, withdrew the wad from the muzzle of the gun, put in the bundle as far as his arm would reach, and then replaced the wad. "Honour bright?" said Bags, preparing to depart. "Honour bright," returned Bill; and Bags disappeared. Nevertheless he did not feel sufficient confidence in his confederate's integrity to justify his quitting the place and leaving him to his own devices. He thought Bill might perhaps avail himself of his absence to remove the treasure, or be guilty of some other treachery. He therefore crept back again softly, till he got behind a crag from whence he had a full view of the battery. For some time Bill walked sternly to and fro on his post. Bags observed, however, that he always included the gun where the deposit lay in his perambulations, which became shorter and shorter. At last he halted close to it, laid down his musket against the parapet, and, approaching the muzzle of the gun, took out the wad. At this moment a neighbouring sentry gave an alarm. The guard turned out, and Bill, hastily replacing the wad, resumed his arms and looked about for the cause of the alarm. About a mile out in the bay several red sparks were visible. As he looked there were a corresponding number of flashes, and then a whistling of shot high overhead told that the guns from which they had been discharged had been laid too high. The Spanish gunboats were attacking the south.