Letty voices her concerns about not being a mother; James says 'give it time'. The first mate of the "Indian Queen" arrives and tells James the truth about the "Indian Queen" and exactly where it went down. The diver is persuaded by Buxton to examine the hold, offering him 50 guineas and 100 guineas for his family if he is killed. The diver opens the hold discovering a dead man who was trapped. The escaped air dislodges the ship and it goes over a ledge into deep water; now they will not be able to prove whether there was a cargo on board.