Two of the men only followed him. The others hesitated, until a shot from a musket knocked off one of their hats, whereupon the man and his comrades turned their horses' heads and rode off at full speed. The merchants had drawn their swords, and stood on the defensive, and Geoffrey on reaching them was surprised to find that Gerald Burke was sitting quietly on his horse without any apparent intention of taking part in the fight.

"Put up your sword, Geoffrey," he said calmly; "this affair is no business of ours. We have nothing to lose, and it is no business of ours to defend the money-bags of these gentlemen."

The robbers, eight in number, now rushed up. One of the merchants, glancing round, saw that two of their men only had come up to their assistance. The muleteers, who were probably in league with the robbers, had fled, leaving their animals standing in the road. The prospect seemed desperate. One of the merchants was an elderly man, the others were well on middle age. The mules were laden with valuable goods, and they had with them a considerable sum of money for making purchases at Cadiz. It was no time for hesitation.