And then Enderby hurried away to back the horse, the other urging him to make haste and lose no time, as he believed that the horse would be backed for a good bit at the post, and its price was sure to shorten.

Going up to a ready-money bookmaker whom he remembered as a good man, Jack took twenty to one to twenty-five pounds. Then he saw another man back the horse for a little, and that made him feel more confident, so he doubled his bet. Then he went on to the top of the stand, and smoking a cigar as he looked over the grand stretch of Berkshire landscape one sees from it, he thought of the years that had passed since he drove over from Aldershot to Ascot, a cheery, happy-go-lucky young subaltern. Then some shouts from the ring caught his ear, and he learnt that Revolver was evidently being backed, for a hundred to eight against Revolver was taken by some one near him on the stand. Though he would not have much of Le Mert’s hundred left if he lost, he felt curiously confident, and began to have a belief in his luck.

It was a capital start for the Ascot Stakes, and the horses were all together till they were about three furlongs from home, then the favourite looked like winning, but Jack, as he caught sight of the horse he had backed, felt pretty confident that he was not done for. Then there was a cry of “It’s a race!” as Revolver came up with a rush. And a grand race it was, and even Jack Enderby was hardly certain, till the numbers went up, that Revolver had won the stakes by a head, and he had won a thousand pounds.

Yes, there was no doubt about his having got into a streak of luck, he thought, as he travelled back to town that day, having won a little more on the other races, and being altogether some twelve hundred pounds to the good.

That evening, Enderby and Le Mert had arranged to dine together, and have some more talk about the sale of the diamond. The latter, as he eat his dinner, began to feel anything but pleased at the turn matters had taken. When he lent the other the hundred pounds he thought the loan would help to make their relations more confidential, and to keep Enderby to some extent in his power, and that the latter would spend the money soon enough, and when it was gone be ready to sell the diamond and fill his pockets again. He had not taken into consideration the chances of his gambling and winning.

But Jack Enderby with his pockets full of notes was a very different person from the man who had dodged into the office in Hatton Garden a day or two before. When Le Mert mentioned a price he laughed, and asked him if he thought he was dealing with a baby.

“Look here, I’ve been thinking over matters, and maybe it’s better to wait a bit till people have forgotten that yarn about the nigger. I shall stick my diamond into a bank, and hold on till I get a good offer for it.”

“And in the mean time how’ll you live?” asked Le Mert.

“Live! why I have over a thou, and I’ve my luck.”

“Luck!” snarled Le Mert.