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cigar.

"He is," agreed M. Pigot, quietly; "a most extraordinary man. But even he is not infallible; for, since the memoir made no mention of the other secret drawer—the one in which Madame la Duchesse concealed her love letters—Crochard knew nothing of it. It was that fact which defeated his combinations—a pure accident which he could not foresee. And now, gentlemen, it shall be my pleasure to display before you some very beautiful brilliants."

Not until that instant had I thought of what the drawer contained; I had been too fascinated by the poisoned fangs and by the story told so quietly but so effectively by the French detective; but now I perceived that the drawer was filled with little rolls of cotton, which had been pressed into it quite tightly.

M. Pigot removed the first of these, unrolled it and spread it out upon the desk, and instantly we caught the glitter of diamonds —diamonds so large, so brilliant, so faultlessly white that I drew a deep breath of admiration. Even M. Pigot, evidently as he prided himself upon his imperturbability, could not look upon those gems wholly unmoved; a slow colour crept into his cheeks as he gazed down at them, and he picked up one or two of the larger ones to admire them more closely. Then he unfolded roll after roll, stopping from time to time for a look at the larger brilliants.

"These are from the famous necklace which the Grand Duke inherited from his grandmother," he said, calling our attention to a little pile of marvellous gems in one of the last packets. "Crochard, of course, removed them from their settings—that was inevitable. He could melt down the settings and sell the gold; but not one of these brilliants would be marketable in Europe for many years. Each of them is a marked gem. Here in America, your police regulations are not so complete; but I fancy that, even here, he would have had difficulty in marketing this one," and he unfolded the last packet, and held up to the light a rose-diamond which seemed to me as large as a walnut, and a-glow with lovely colour.

"Perhaps you have stopped to admire the Mazarin diamond in the galérie d'Apollon at the Louvre," said M. Pigot. "There is always a crowd about that case, and a special attendant is installed there to guard it, for it contains some articles of great value. But the Mazarin is not one of them; for it is not a diamond at all; it is paste—a paste facsimile of which this is the original. Oh, it is all quite honest," he added, as Grady snorted derisively. "Some years ago, the directors of the Louvre needed a fund for the purchase of new paintings; needed also to clean and restore the old ones. They decided that it was folly to keep three millions of francs imprisoned in a single gem, when their Michael Angelos and da Vincis and Murillos were encrusted with dirt and fading daily. So they sought a purchaser for the Mazarin; they found one in the empress of Russia, who had a craze for precious stones, and who, at her death, left this remarkable collection to her favourite son, who had inherited her passion. A paste replica of the Mazarin was placed in the Louvre for the crowds to admire, and every one soon forgot that it was not really the diamond. For myself, I think the directors acted most wisely. And now," he added, with a gesture toward the glittering heaps, "what shall we do with all this?"

"There's only one thing to do," said Grady, awaking suddenly as from a trance, "and that's to get them in a safe-deposit box as quick as possible. There's no police-safe I'd trust with 'em! Why, they'd tempt the angel Gabriel!" and he drew a deep breath.

"Can we find a box of safe-deposit at this hour of the night?" asked M. Pigot, glancing at his watch. "It is almost one o'clock and a half."

"That's easy in New York," said Grady. "We'll take 'em over to the Day and Night Bank on Fifth Avenue. It never closes. Wait till I get something to put 'em in."

He went out and came back presently with a small valise.

"This will do," he said. "Stow 'em away, and I'll call up the bank and arrange for the box."

Simmonds and Pigot rolled up the packets carefully and placed them in the valise, while I sat watching them in a kind of daze. And I understood the temptation which would assail a man in the presence of so much beauty. It was not the value of the jewels which shook and dazzled me—I scarcely thought of that; it was their seductive brilliance, it was the thought that, if I possessed them, I might take them out at any hour of the day or night and run my fingers through them and watch them shimmer and quiver in the light.

"The Grand Duke Michael must have been considerably upset," remarked Simmonds, who, throughout all this scene, had lost no whit of his serenity of demeanour.

"He has been like a madman," said M. Pigot, smiling a little at Simmonds's unemotional tone. "These jewels are a passion with him; he worships them; he never has parted with them, even for a day; where he goes, they have gone. In his most desperate need of money—and he has had such need many times—he has never sold one of his brilliants. On the contrary, whenever he has money or credit, and the opportunity comes to purchase a stone of unusual beauty, he cannot resist, even though his debts go unpaid. Since the loss of these stones, he has raved, he has cursed, he has beat his servants—one of them has died, in consequence. We are all a little mad on some one subject, I have heard it said; well, the Grand Duke Michael is very mad on the subject of diamonds."

"Why didn't he offer a reward for their return?" queried Simmonds.

"Oh, he did," said M. Pigot. "He offered immediately his whole fortune for their return. But his fortune was not large enough to tempt Crochard, for the Grand Duke really has nothing but the income from his family estates, and you may well believe that he spends all of it. It will be a great joy to him that we have found them."

The thought flashed through my mind that doubtless M. Pigot was in the way of receiving a handsome present.

"There they are," said Simmonds, and closed the bag with a snap, as
Grady came in again.

"I've arranged for the box," said Grady, "and one of our wagons is at the door. I thought we'd better not trust a taxi—might turn over or run into something, and we can't afford to take any chances—not this trip. Simmonds, you go along with Moosseer Piggott, and put an extra man on the seat with the driver. Maybe that Croshar might try to hold you up."

The same thought was in my own mind, for Crochard must have learned of M. Pigot's arrival; and I could scarcely imagine that he would sit quietly by and permit the jewels to be taken away from him—to say nothing of his chagrin over his unfulfilled boast to Godfrey. So I was relieved that Grady was wise enough to take no risk.

"You'd better get a receipt," Grady went on, "and arrange that the valise is to be delivered only when you and Moosseer Piggott appear together. That will be satisfactory, moosseer?" he added, turning to the Frenchman.

"Entirely so, sir."

"Very well, then; I'll see you in the morning. I congratulate you on the find. It was certainly great work."

"I thank you, sir," replied M. Pigot, gravely. "Au revoir, monsieur," and with a bow to me, he followed Simmonds into the outer room.

Grady sat down and got out a fresh cigar.

"Well, Mr. Lester," he said, as he struck a match, "what do you think of these Frenchmen, anyway?"

"They're marvellous," I said. "Even yet I can't understand how he knew so much."

"Maybe he was just guessing at some of it," Grady suggested.

"I thought of that; but I don't believe anybody could guess so accurately. For instance, how did he know about those letters?"

"Fact is," broke in Grady, "that's the first I'd heard of 'em. What is that story?"

I told him the story briefly, carefully suppressing everything which would give him a clue to the identity of the veiled lady.

"There were certain details," I added, "which I supposed were known to no one except myself and two other persons—and yet M. Pigot knew them. Then again, how did he know so certainly just how the mechanism worked? How did he know which roll of cotton contained that Mazarin diamond? You will remember he told us what was in that roll before he opened it."

Grady smiled good-naturedly and a little patronisingly.

"That was the last roll, wasn't it?" he demanded. "Since that big diamond hadn't shown up in any of the others, he knew it had to be in that roll. It was just one of the little plays for effect them Frenchies are so fond of."

"Perhaps you are right," I agreed. "But it seemed to me that he handled that mechanism as though he was familiar with it. Of course, he may have prepared himself by studying the drawings which no doubt accompany the secret memoir. He may even have had a working model made."

Grady nodded tolerantly.

"Them fellers go to a lot of trouble over little things like that," he said. "They like to slam their cards down on the table with a big hurrah, even when the cards ain't worth a damn."

"He certainly held trumps this time, anyway," I commented. "And he played his hand superbly. He is an extraordinary man."

"And a great actor," Grady supplemented. "Them fellers always behave like they was on the stage, right in the spot-light. It makes me a little tired, sometimes. Hello! Who's that?"

The front door had been flung open; there was an instant's colloquy with the desk-sergeant, then a rapid step crossed the outer room, and Godfrey burst in upon us.

He cast a rapid glance at the Boule cabinet, at the secret drawer standing open, empty; and then his eyes rested upon Grady.

"So he got away with it, did he?" he inquired.

"Who in hell do you think you are?" shouted Grady, his face purple, "coming in here like this? Get out, or I'll have you thrown out!"

"Oh, I'll go," retorted Godfrey coolly. "I've seen all I care to see. Only I'll tell you one thing, Grady—you've signed your own death-warrant to-night!"

"What do you mean by that?" Grady demanded, in a lower tone.

"I mean that you won't last an hour after the story of this night's work gets out."

Grady's colour slowly faded as he met the burning and contemptuous gaze Godfrey turned upon him. As for me, an awful fear had gripped my heart.

"Do you mean to say it wasn't Piggott?" stammered Grady, at last.

Godfrey laughed scornfully.

"No, you blithering idiot!" he said. "It wasn't Pigot. It was
Crochard himself!"

And he stalked out, slamming the door behind him.

CHAPTER XXVI THE FATE OF M. PIGOT

Whatever may have been Grady's defects of insight and imagination, he was energetic enough when thoroughly aroused. Almost before the echo of that slamming door had died away, he was beside the sergeant's desk.

"Get out the reserves," he ordered, "and have the other wagon around.
'Phone headquarters to rush every man available up to the Day and
Night Bank, and say it's from me!"

He stood chewing his cigar savagely as the sergeant hastened to obey. In a moment, the reserves came tumbling out, struggling into their coats; there was a clatter of hoofs in the street as the wagon dashed up; the reserves piled into it, permitting me to crowd in beside them, Grady jumped to the seat beside the driver, and we were off at a gallop, our gong waking the echoes of the silent street.

I clung to the hand-rail as the wagon swayed back and forth or bounded into the air as it struck the car-tracks, and stared out into the night, struggling to understand. Could Godfrey be right? But of course he was right! Some intuition told me that; and yet, how had Crochard managed to substitute himself for the French detective? Where was Pigot? Was he lying somewhere in a crumpled heap, with a tiny wound upon his hand? But that could not be—Grady and Simmonds had been with him all the evening!

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