The day broke in a sulky grey, and there lay the _Nicobar_, in ten fathoms, not a mile from the shore, her topmasts forlornly visible above the boisterous water. The sea was rough all that day, but the snow had ceased, and during the night the weather calmed considerably. Next day Lloyd's agent was steaming about in a launch from Plymouth, and soon a salvage company's tug came up and lay to by the emerging masts. There was every chance of raising the ship as far as could be seen, and a diver went down from the salvage tug to measure the breach made in the _Nicobar's_ side, in order that the necessary oak planking or sheeting might be got ready for covering the hole, preparatory to pumping and raising. This was done in a very short time, and the necessary telegrams having been sent, the tug remained in its place through the night, and prepared for the sending down of several divers on the morrow to get out the bullion as a commencement. Just at this time Martin Hewitt happened to be engaged on a case of some importance and delicacy on behalf of Lloyd's Committee, and was staying for a few days at Plymouth. He heard the story of the wreck, of course, and speaking casually with Lloyd's agent as to the salvage work just beginning, he was told the name of the salvage company's representative on the tug, Mr. Percy Merrick--a name he immediately recognised as that of an old acquaintance of his own. So that on the day when the divers were at work in the bullion-room of the sunken _Nicobar_, Hewitt gave himself a holiday, and went aboard the tug about noon. Here he found Merrick, a big, pleasant man of thirty-eight or so. He was very glad to see Hewitt, but was a great deal puzzled as to the results of the morning's work on the wreck. Two cases of gold bars were missing. "There was £200,000 worth of bullion on board," he said, "that's plain and certain. It was packed in forty cases, each of £5,000 value. But now there are only thirty-eight cases! Two are gone clearly. I wonder what's happened?" "I suppose your men don't know anything about it?" asked Hewitt. "No, they're all right. You see, it's impossible for them to bring anything up without its being observed, especially as they have to be unscrewed from their diving-dresses here on deck. Besides, bless you, I was down with them." "Oh! Do you dive yourself, then?" "Well, I put the dress on sometimes, you know, for any such special occasion as this. I went down this morning. There was no difficulty in getting about on the vessel below, and I found the keys of the bullion-room just where the captain said I would, in his cabin. But the locks were useless, of course, after being a couple of days in salt water. So we just burgled the door with crowbars, and then we saw that we might have done it a bit more easily from outside. For that coasting-steamer cut clean into the bunker next the bullion-room, and ripped open the sheet of boiler-plate dividing them."