close, and bethought me of the man in the next room. What of him? Was he still there? I listened. There was no sound, not so much as of a heavy sleeper. He had gone then, and had Lady Hardon's jewels—yet Lady Hardon, Lady Hardon——nay, but you could never know the sudden and awful emotion of that great awakening which came to me in that moment when my memory travelled quickly on to Lady Hardon's end; for I remembered then that she went down in the great steamer Alexandria, which was lost in the Bay of Biscay twelve months before I discovered the golden ship in the dockyard at Spezia; and I recalled the fact, known world- wide, that her famous jewels, this necklace amongst them, had gone with her to her end. Lost, I say; yet that was the account at Lloyd's; lost with never a soul to give a word about her agony; lost hopelessly in the broad of the bay. How came it, then, that this man who knew the ruffians in the dockyard below; who seemed a common fellow, yet possessed a hundred thousand pounds' worth of jewellery, how came it that he had got that which the world thought to be lying on the sands of the bay? You say, 'Pshaw, it was not the same bauble'; that is the obvious answer to my theorising, but in the recognition of historic gems a man trained as I was never makes an error. I would have staked my life that the jewels were those supposed to be under the sea; and, moved to a state of deep excitement, I left my hotel without
