Compound graph: left side carries
臣 (a downward-looking eye, here a 'submerged / hidden' element) below
匚 (an enclosure); right side has
责 (a phonetic giving the reading). The whole graph evokes 'something deep, enclosed, and to be sought out'. Indexed under Kangxi #154
贝 by tradition; the radical isn't transparently semantic in the modern simplified form.