LOST ISLAND
"A curious feature of the story is that no man knows, or ever will know, exactly where this valuable consignment came from originally. Possibly it was mined in New Guinea, where platinum is known to exist, or possibly in some part of Australia, but that must always remain a matter of conjecture.
"About a year ago Messrs. Jacobs & Krantz of San Francisco, dealers in precious metals, received a letter from one Vance Peters, written at Sydney, New South Wales. Peters stated that he had discovered a rich deposit of platinum, and had worked on it for two years until the supply was exhausted. He said he had melted it down into bars, had deposited it in a Sydney bank, and now wanted Jacobs & Krantz to market it for him, as facilities for disposing of it in Sydney were not good.
"The San Francisco firm consented to handle the transaction, and in due course received a letter from Peters announcing that he was sailing from Sydney on the Hatteras, bringing the platinum with him. There the known history of the platinum almost ends. After the Hatteras put to sea she was spoken twice between Sydney and Honolulu. Then there swept over that part of the Pacific the succession of devastating northeasterly gales which wreaked havoc among shipping there six months ago. Vessels of all kinds were blown far out22
