"Paste!" echoed that young man, with a soft, satirical laugh. "Caprice wear paste jewels! Ask the men she's ruined where all their thousands went---where all their lands, horses, shares, salaries, disappeared to! Paste! Bah! my dear fellow, you don't know the number of ruined homes and broken hearts those diamonds represent."

The act proceeded; the dialogue scintillating with wit, and the choruses becoming more riotous. Intrigue followed after intrigue, and situation after situation, in all of which Caprice was the central figure, until the climax was reached, in a wild bizarre chorus, in which she danced a vigorous cancan with Cagliostra, and finished by bounding on his shoulders to form the tableau as the curtain fell, amid the enthusiastic applause of the audience.

Ezra and Stewart went out into the smoking-room to light their cigarettes, and heard on all sides eulogies of Caprice.

"She'd make her fortune on the London stage," said Santon to Mortimer. "Got such a lot of the devil in her--eh?--by Jove! Why the deuce don't she show in town?"

"Aha!" replied Mortimer shrewdly, "I'm not going to let her go if I can help it. Don't tempt away my only ewe lamb, when you've got so many flocks of your own."

"She doesn't look much like a lamb," said Columbus Wilks dryly.

"Then she doesn't belie her looks," retorted Mortimer coolly. "My dear sir, she's got the temper of a fiend, but she's such a favourite, that I put up with her tantrums for the sake of the cash."

While this conversation was going on, Ezra and his friend were smoking quietly in a corner of the room chatting about the opera, when the Jew suddenly drew Keith's attention to a tall man talking to a friend in a confidential manner. He had a thin, sharp-looking face, keen blue eyes, and fair hair and beard.

"That gentleman," said Lazarus, "could probably tell you something about those diamonds, he is an American called Hiram Jackson Fenton, manager of the 'Never-say-die Life Insurance Company.' Rumour--which is true in this case, contrary to its usual custom--says he is Caprice's latest fancy."

"He must have a lot of money to satisfy her whims," said Keith, looking at the American.