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for two reasons: first, I wished to keep these sharpers under my own eye until I knew who had bought the necklace; and, secondly, I was desirous that they should not know they were suspected.

I stationed trusty men outside on the Boulevard des Italiens, each of whom knew by sight most of the probable purchasers of the necklace. It was arranged that when the sale was over I should walk out to the boulevard alongside the man who was the new owner of the diamonds, and from that moment until he quitted France my men were not to lose sight of him if he took personal custody of the stones, instead of doing the sensible and proper thing of having them insured and forwarded to his residence by some responsible transit company,[8] or depositing them in the bank. In fact, I took every precaution that occurred to me. All police Paris was on the qui vive, and felt itself pitted against the scoundrelism of the world.

For one reason or another it was nearly half-past two before the sale began. There had been considerable delay because of forged tickets, and, indeed, each order for admittance was so closely scrutinised that this in itself took a good deal more time than we anticipated. Every chair was occupied, and still a number of the visitors were compelled to stand. I stationed myself by the swinging doors at the entrance end of the hall, where I could command a view of the entire assemblage. Some of my men were placed with backs against the wall, whilst others were distributed amongst the chairs, all in plain clothes. During the sale the diamonds themselves were not displayed, but the box containing them rested in front of the auctioneer and three policemen in uniform stood guard on either side.

Very quietly the auctioneer began by saying that there was no need for him to expatiate on the notable character of the treasure he was privileged to offer for sale, and with this preliminary, he requested those present to bid. Someone offered twenty thousand francs, which was received with much laughter; then the bidding went steadily on until it reached nine hundred thousand francs, which I knew to be less than half the reserve the Government had placed upon the necklace. The contest advanced more slowly until the million and a half was touched, and there it hung fire for a time, while the auctioneer remarked that this sum did not equal that which the maker of the necklace had been finally forced to accept for it. After another pause he added that, as the reserve was not exceeded, the necklace would be withdrawn, and probably never again offered for sale. He therefore urged those who were holding back to make their bids now. At this the contest livened until the sum of two million three hundred thousand francs had been offered, and now I knew the necklace would be sold. Nearing the three million mark the competition thinned down to a few dealers from Hamburg and the Marquis of Warlingham, from England, when a voice that had not yet been heard in the auction room was lifted in a tone of some impatience:—

'One million dollars!'[9]

There was an instant hush, followed by the scribbling of pencils, as each person present reduced the sum to its equivalent in his own currency—pounds for the English, francs for the French, marks for the German, and so on. The aggressive tone and the clear-cut face of the bidder proclaimed him an American, not less than the financial denomination he had used. In a moment it was realised that his bid was a clear leap of more than two million francs, and a sigh went up from the audience as if this settled it, and the great sale was done. Nevertheless the auctioneer's hammer hovered over the lid of his desk, and he looked up and down the long line of faces turned towards him. He seemed reluctant to tap the board, but no one ventured to compete against this tremendous sum, and with a sharp click the mallet fell.

'What name?' he asked, bending over towards the customer.

'Cash,' replied the American; 'here's a cheque for the amount. I'll take the diamonds with me.'

'Your request is somewhat unusual,' protested the auctioneer mildly.

'I know what you mean,' interrupted the American; 'you think the cheque may not be cashed. You will notice it is drawn on the Crédit-Lyonnais, which is practically next door. I must have the jewels with me. Send round your messenger with the cheque; it will take only a few minutes to find out whether or not the money is there to meet it. The necklace is mine, and I insist on having it.'

The auctioneer with some demur handed the cheque to the representative of the French Government who was present, and this official himself went to the bank. There were some other things to be sold and the auctioneer endeavoured to go on through the list, but no one paid the slightest attention to him.

Meanwhile I was studying the countenance of the man who had made the astounding bid, when I should instead have adjusted my preparations to meet the new conditions now confronting me. Here was a man about whom we knew nothing whatever. I had come to the instant conclusion that he was a prince of criminals, and that a sinister design, not at that moment fathomed by me, was on foot to get possession of the jewels. The handing up of the cheque was clearly a trick of some sort, and I fully expected the official to return and say the draft was good. I determined to prevent this man from getting the jewel box until I knew more of his game. Quickly I removed from my[10] place near the door to the auctioneer's desk, having two objects in view; first, to warn the auctioneer not to part with the treasure too easily; and, second, to study the suspected man at closer range. Of all evil-doers the American is most to be feared; he uses more ingenuity in the planning of his projects, and will take greater risks in carrying them out than any other malefactor on earth.

From my new station I saw there were two men to deal with. The bidder's face was keen and intellectual; his hands refined, lady-like, clean and white, showing they were long divorced from manual labour, if indeed they had ever done any useful work. Coolness and imperturbability were his beyond a doubt. The companion who sat at his right was of an entirely different stamp. His hands were hairy and sun-tanned; his face bore the stamp of grim determination and unflinching bravery. I knew that these two types usually hunted in couples—the one to scheme, the other to execute, and they always formed a combination dangerous to encounter and difficult to circumvent.

There was a buzz of conversation up and down the hall as these two men talked together in low tones. I knew now that I was face to face with the most hazardous problem of my life.

I whispered to the auctioneer, who bent his head to listen. He knew very well who I was, of course.

'You must not give up the necklace,' I began.

He shrugged his shoulders.

'I am under the orders of the official from the Ministry of the Interior. You must speak to him.'

'I shall not fail to do so,' I replied. 'Nevertheless, do not give up the box too readily.'

'I am helpless,' he protested with another shrug. 'I obey the orders of the Government.'

Seeing it was useless to parley further with the auctioneer, I set my wits to work to meet the new emergency. I felt convinced that the cheque would prove to be genuine, and that the fraud, wherever it lay, might not be disclosed in time to aid the authorities. My duty, therefore, was to make sure we lost sight neither of the buyer nor the thing bought. Of course I could not arrest the purchaser merely on suspicion; besides, it would make the Government the laughing-stock of the world if they sold a case of jewels and immediately placed[11] the buyer in custody when they themselves had handed over his goods to him. Ridicule kills in France. A breath of laughter may blow a Government out of existence in Paris much more effectually than will a whiff of cannon smoke. My duty then was to give the Government full warning, and never lose sight of my man until he was clear of France; then my responsibility ended.

I took aside one of my own men in plain clothes and said to him,—

'You have seen the American who has bought the necklace?'

'Yes, sir.'

'Very well. Go outside quietly, and station yourself there. He is likely to emerge presently with the jewels in his possession. You are not to lose sight of either the man or the casket. I shall follow him and be close behind him as he emerges, and you are to shadow us. If he parts with the case you must be ready at a sign from me to follow either the man or the jewels. Do you understand?' 'Yes, sir,' he answered, and left the room.

It is ever the unforeseen that baffles us; it is easy to be wise after the event. I should have sent two men, and I have often thought since how admirable is the regulation of the Italian Government which sends out its policemen in pairs. Or I should have given my man power to call for help, but even as it was he did only half as well as I had a right to expect of him, and the blunder he committed by a moment's dull-witted hesitation—ah, well! there is no use of scolding. After all the result might have been the same.

Just as my man disappeared between the two folding doors the official from the Ministry of the Interior entered. I intercepted him about half-way on his journey from the door to the auctioneer.

'Possibly the cheque appears to be genuine,' I whispered to him.

'But certainly,' he replied pompously. He was an individual greatly impressed with his own importance; a kind of character with which it is always difficult to deal. Afterwards the Government asserted that this official had warned me, and the utterances of an empty-headed ass dressed in a little brief authority, as the English poet says, were looked upon as the epitome of wisdom.

'I advise you strongly not to hand over the necklace as has been requested,' I went on.

'Why?' he asked.

'Because I am convinced the bidder is a criminal.'[12]

'If you have proof of that, arrest him.'

'I have no proof at the present moment, but I request you to delay the delivery of the goods.'

'That is absurd,' he cried impatiently. 'The necklace is his, not ours. The money has already been transferred to the account of the Government; we cannot retain the five million francs, and refuse to hand over to him what he has bought with them,' and so the man left me standing there, nonplussed and anxious. The eyes of everyone in the room had been turned on us during our brief conversation, and now the official proceeded ostentatiously up the room with a grand air of importance; then, with a bow and a flourish of the hand, he said, dramatically,—

'The jewels belong to Monsieur.'

The two Americans rose simultaneously, the taller holding out his hand while the auctioneer passed to him the case he had apparently paid so highly for. The American nonchalantly opened the box and for the first time the electric radiance of the jewels burst upon that audience, each member of which craned his neck to behold it. It seemed to me a most reckless thing to do. He examined the jewels minutely for a few moments, then snapped the lid shut again, and calmly put the box in his outside pocket, and I could not help noticing that the light overcoat he wore possessed pockets made extraordinarily large, as if on purpose for this very case. And now this amazing man walked serenely down the room past miscreants who joyfully would have cut his throat for even the smallest diamond in that conglomeration; yet he did not take the trouble to put his hand on the pocket which contained the case, or in any way attempt to protect it. The assemblage seemed stricken dumb by his audacity. His friend followed closely at his heels, and the tall man disappeared through the folding doors. Not so the other. He turned quickly, and whipped two revolvers out of his pockets, which he presented at the astonished crowd. There had been a movement on the part of every one to leave the room, but the sight of these deadly weapons confronting them made

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