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Peechy, who could at any time tell as many stories in an evening as his hearers could digest in a month, now resumed the conversation, by affirming that, to his knowledge, money had at different times been dug up in various parts of the island.

The landlord was in amazement. "What, you are not going on the water in such a storm?" "Storm!" said the other, scornfully, "do you call such a sputter of weather a storm?" "You'll get drenched to the skin You'll catch your death!" said Peechy Prauw, affectionately. "Thunder and lightning!" exclaimed the merman, "don't preach about weather to a man that has cruised in whirlwinds and tornadoes."

Besides, how should he recollect the spot where the grave had been digged? every thing would look different by daylight. And then, where was the use of looking for a dead body, when there was no chance of hanging the murderers?" "Aye, but are you sure it was a dead body they buried?" said Wolfert. "To be sure," cried Peechy Prauw, exultingly.

The golden stories of Kidd, however, were resolutely rivalled by the tales of Peechy Prauw, who, rather than suffer his Dutch progenitors to be eclipsed by a foreign freebooter, enriched every spot in the neighborhood with the hidden wealth of Peter Stuyvesant and his contemporaries. Not a word of this conversation was lost upon Wolfert Webber.

Such was the account whispered cautiously in Wolfert's ear, by the narrator, Peechy Prauw, as he held him by the button in a corner of the hall, casting a wary glance now and then towards the door of the bar-room, lest he should be overheard by the terrible hero of his tale.

"Well, I don't vouch for the truth of it myself," said Peechy Prauw, "though all the world knows that there's something strange about the house and grounds; but as to the story of Mud Sam, I believe it just as well as if it had happened to myself."

Here the worthy Peechy paused to take breath and to take a sip of the gossip tankard that stood at his elbow. His auditors remained with open mouths and outstretched necks, gaping like a nest of swallows for an additional mouthful. "And is that all?" exclaimed the half-pay officer. "That's all that belongs to the story," said Peechy Prauw.

"Does it not haunt in the neighborhood to this very day?" "Haunts!" exclaimed several of the party, opening their eyes still wider and edging their chairs still closer. "Aye, haunts," repeated Peechy; "has none of you heard of father red-cap that haunts the old burnt farm-house in the woods, on the border of the Sound, near Hell Gate?"

Though it's a thousand pities," added the landlord, "if he has gone to Davy Jones that he had not left his sea-chest behind him." "The sea-chest! St. Nicholas preserve us!" said Peechy Prauw. "I'd not have had that sea-chest in the house for any money; I'll warrant he'd come racketing after it at nights, and making a haunted house of the inn.

The subject, however, was too interesting to be readily abandoned. The conversation soon broke forth again from the lips of Peechy Prauw Van Hook, the chronicler of the club, one of those narrative old men who seem to grow incontinent of words, as they grow old, until their talk flows from them almost involuntarily.