"We lay under the island for one night and the better part of a day before our lookout in a tree-top at the edge of a steep cliff sang out, 'Sail ho! Spanish rig!' We were alert on the instant, watching the Spaniard bowling north-eastwards before a stiff breeze. At the right moment we slipped our cable, hoisted sail, and stood out to sea right in his path. No news of our presence on the isthmus had got abroad, and the foe did not suspect us until he was within range of our small guns, when we promptly sent a couple of shots splintering into his bulwarks. He was not long before he swung round and replied. But we were too low in the water to be in any danger from his bigger pieces, and in a little while we were under his lee and swarming aboard. For a few minutes there was as pretty a fight as man could wish for; then the Spaniard struck his flag and threw down his weapons. "Well, we rifled cabins and holds; got about a hundred goodly bars of gold and a chest of pearls. The cabin gave us an excellent supply of wine and some curious golden images of native workmanship. We helped ourselves also to some better clothing, then let the Spaniard go his way. "For two more days we hung about the island, then seized a ship with a cargo, mostly of silver bars. Our pinnace was now so heavily laden that we durst not venture to put anything more aboard her. We were rich enough already, and, knowing that the authorities at Panama would soon hear of our exploits, we turned south to our river again, and set out on our journey back to our hidden ship and the Atlantic. "So far we had lost but two men, and one of these had died from fever. Half a score of us, maybe, had received wounds. The Spanish dogs will not fight much on a ship's deck, and the silver galleon offered us hardly any resistance. 'Tis easy work enough, this gathering of Spanish gold in the Indies. Do I speak within the strict bounds of truth, comrades?" "True as a Bible verse, Rob," said Nick Johnson; and brother Ned assented with a seaman's "Ay! ay!" Rob took advantage of the pause to take another peep into his flagon, and Johnnie asked him if he could see bottom. "Depth enough to float my barque a little longer," replied Rob.