The moment Hélène entered the drawing-room it was evident that the ruby was to make as great a sensation as the soul of woman could desire. Even the older people flocked about her and the girls were frank and shrill in their astonishment and rapture.

"Hélène! Darling! The duckiest thing—I never saw anything so perfectly dandy and wonderful! I'd go simply mad! Do, just let me touch it! I could eat it!"

Mrs. Thornton, who at any time scorned to conceal envy, or pretend indifference, looked at the great burning stone with a sigh and turned to her husband.

"Why didn't you manage to get it for me?" she demanded. "It would be far more suitable—a magnificent stone like that!—on me than on that baby."

"My darling," murmured Ford anxiously, "I never laid eyes on the thing before, or on one like it. I'll find out where Ruyler got it, and try—"

"Do you suppose I'd come out with a duplicate? You should have thought of it years ago. You always promised to take me to India."

"It should be on you!" He gazed at her adoringly. Her hair was dressed in a high and stately fashion to-night. She wore a gown of gold brocade and a necklace and little tiara of emeralds and diamonds; she was looking very handsome and very regal. Thornton was a thin, dark, nervous wisp of a man, who had borne his share of the burdens laid upon his city in the cataclysm of 1906, but if his wife had demanded an enormous historic ruby he would have done his best to gratify her. But how the deuce could a man—

Mrs. Gwynne was holding the stone in her hand and smiling into its flaming depths without envy. She was one of those women of dazzling white skin, black hair and blue eyes, who, when wise, never wear any jewels but pearls. She wore the Gwynne pearls to-night and a shimmering white gown.

Ruyler glanced round the fine old room with the warm feeling of satisfaction he always experienced at a San Francisco function, where the women were almost as invariably pretty as they were gay and friendly. He did not like the younger men he met on these occasions as well as he did many of the older ones; the serious ones would not waste their time on society, and there were too many of the sort who were asked everywhere because they had made a cult of fashion, whether they could afford it or not. A few were the sons of wealthy parents, and were more dissipated than those obliged to "hold down" a job that provided them with money enough above their bare living expenses to make them useful and presentable.

Ruyler looked upon both sorts as cumberers of the earth, and only tolerated them in his own house when his wife gave a party and dancing men must be had at any price.