The chief settlement of Mahone Bay is the town of Chester, one of the greatest curiosities in America. It is not a settlement. It is a town. It is situated on a peninsula, with a harbor on its front and on its rear. This peninsula is all laid out in streets, which cross one another at right angles, with perfect regularity. At the point where the peninsula terminates, is a spacious place, intended to serve as a promenade; and here there is a narrow shoal running off to another piece of land, which is a peninsula or an island by turns, as the shoal is covered or uncovered by the water. There is a wonderful quaintness and quiet in Chester. It is the Nova Scotian representative of Sleepy Hollow. The streets, which are so nicely laid out, are all covered with turf, and are as green as the town lots on either side. The houses are all old; the people are all quiet and leisurely, taking the world in the easiest manner possible. The very dogs, affected by the peace and calm around, seem unwilling to bark, except under the strongest possible provocation. The scenery around this quaint little town may safely be classed among the most beautiful in the world. The wide bay, with its hundreds of islands, forms an almost unequalled place for yachting. Many of the islands have curious names, associated with some curious legend. The waters abound with myriads of shell fish, and sometimes have a marvellous transparency. The winding shore of the bay forms one of the loveliest of drives, and affords perpetual variety of scenery; and the climate in summer time is so genial, that it forms the perfection of a watering-place for those who have to fly from the heat of southern latitudes. And this will one day be the destiny of Chester, when the world knows it; when the rush of parched travellers takes place; when great hotels face its promenade, and the streets, once laid out with so bold a design, are lined with houses and shops. Such changes will one day take place; but whether Chester will be then so altogether lovely as it is now in its Sleepy Hollow epoch, is a matter about which there may well be doubt. Such was the place, then, in which the boys found themselves; and they all agreed with one opinion, that Chester was, in every respect, worthy of standing here in this lovely bay, in the immediate vicinity of the mysterious Island of the Buccaneers, where lay stored up the treasure of the sea and the plunder of the Spanish Main.