But to the question whether a three-mast vessel, called the BRITANNIA, had gone ashore either on the Chilian or Araucanian coast, he gave a decided negative. No report of such an event had been made to him, or any of the other consuls. Glenarvan, however, would not allow himself to be disheartened; he went back to Talcahuano, and spared neither pains nor expense to make a thorough investigation of the whole seaboard. But it was all in vain. The most minute inquiries were fruitless, and Lord Glenarvan returned to the yacht to report his ill success. Mary Grant and her brother could not restrain their grief. Lady Helena did her best to comfort them by loving caresses, while Jacques Paganel took up the document and began studying it again. He had been poring over it for more than an hour when Glenarvan interrupted him and said:

"Paganel! I appeal to your sagacity. Have we made an erroneous interpretation of the document? Is there anything illogical about the meaning?"

Paganel was silent, absorbed in reflection.