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32 hard, and fancied he had the treasure already in his possession.

"That is a matter to be talked over. You see, I have lost my money, so if we all go together, you will have to bear the expenses of the trip."

"We'll keep the expenses down—we'll have to do it," put in Dick. "What kind of a bargain are you willing to make?"

Robert Menden thought for a moment. "I want to go to Porto Rico immediately, so that I can reach that cave before Joseph Farvel. If you set sail in that direction without delay, I think we can beat him, even if he takes a steamer from Havana to Ponce."

"I guess you are right there," answered Leander. He got out a ehart and studied it for a moment. "At a rough estimate we are now about a thousand miles from the coast of Porto Rico, while the distance to that point from Havana, Cuba, is several hundred miles longer."

"And your enemy may have to lay over several days for a steamer," put in Bob.

"If he thinks you are dead he won't hurry," added Dick. "Perhaps he will stay in Havana for a week or two."

"That is what I was thinking," resumed Robert Menden. "Yet he is a very greedy fellow, and he will want to lay hands on that gold just as quickly as he can."