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Rh that the Rovers were wealthy, so they did not begrudge the treasure to others.

A steam yacht was chartered and a party was made up, consisting of the Rovers, several of the boys' school chums, Mrs. Stanbope and Dora and, Mrs. Laning and Grace and Nellie. The steam yacht carried a fine crew and also an old tar called Bahama Bill, who knew the exact location of the treasure.

Before sailing it was learned that some rivals were also after the treasure. One of these was a sharper named Sid Merrick, who had on several occasions tried to get the best of the Rovers and failed. With Merrick was Tad Sobber, his nephew, a youth who at Putnam Hall had been a bitter foe to Dick, Tom and Sam. Sobber had sent the Rovers a box containing a live poisonous snake, but the snake got away and bit another pupil. This lad knew all about the sending of the reptile and he exposed Tad Sobber, and the latter, growing alarmed, ran away from the school.

The search for the treasure proved a long one, and Sid Merrick and Tad Sobber did all in their power to keep the wealth from falling into the haxids of the Rovers and their friends. But the Rovers won out in the quest and sailed away with the treasure on board the steam yacht. The vessel of their enemies followed them, but a hurricane