I.

It consisted of a few hundred new American eagles and a few times as

many Spanish doubloons; for pirates like good broad pieces, fit to

skim flat-spun across the waves, or play pitch-and-toss with for men's

lives or women's loves; they give five-dollar pieces or thin British

guineas to the boy who brings them drink, and silver to their

bootblacks, priests, or beggars.

It was contained--the gold--in an old canvas bag, a little rotten and

very brown and mouldy, but tied at the neck by a piece of stout and

tarnished braid of gold. It had no name or card upon it nor letters on

its side, and it lay for nearly thirty years high on a shelf, in an

old chest, behind three tiers of tins of papers, in the deepest corner

of the vault of the old building of the Old Colony Bank.

Yet this money was passed to no one's credit on the bank's books, nor

was it carried as part of the bank's reserve. When the old concern

took out its national charter, in 1863, it did not venture or did not

remember to claim this specie as part of the reality behind its

greenback circulation. It was never merged in other funds, nor

converted, nor put at interest. The bag lay there intact, with one

brown stain of blood upon it, where Romolo de Soto had grasped it

while a cutlass gash was fresh across his hand. And so it was carried,

in specie, in its original package: "Four hundred and twenty-three

American eagles, and fifteen hundred and fifty-six Spanish doubloons;

deposited by ---- De Soto, June twenty-fourth, eighteen hundred and

twenty-nine; _for the benefit of whom it may concern_."

And it concerned very much two people with whom our narration has to

do,--one, James McMurtagh, our hero; the other, Mr. James Bowdoin,

then called Mr. James, member of the firm of James Bowdoin's Sons. For

De Soto, having escaped with his neck, took good pains never to call

for his money.

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