"I fear that would not be the same thing," he said. "My firm have such implicit faith in you that they would not entertain the idea of any one else going. Now think, Mr. Fairfax, for a moment. If you are prepared to go, I, in my turn, on behalf of my Company, am prepared to offer you your expenses and a sum of five thousand pounds. You need not be away more than three months at longest, so that you see our offer is at the rate of twenty thousand pounds a year. It is princely remuneration."

I looked at him closely. It was plain that he was in earnest—in deadly earnest, so it seemed. Even a defaulting manager would scarcely seem to warrant so much zeal.

"I am very much flattered by your offer," I said; "and believe me, I most truly appreciate the generosity of your Company; but, as I said before, if it is necessary for me to go at once, that is to say, before I have completed my present case, then I have no option but to most reluctantly decline."

"Perhaps you will think it over," he continued, "and let me know, say to-morrow?"

"No amount of thinking it over will induce me to alter my decision," I replied. "You must see for yourself that I have no right to accept a retainer from one party and then throw them over in order to favour another. That would not only be a dishonourable action on my part, but would be bad from a business point of view. No, Mr. Bayley, I am exceedingly sorry, but I have no option but to act as I am doing."

"In that case I must wish you a very good-morning," he remarked, and took up his hat and umbrella. I could see, however, that he was still reluctant to go.

"Good-morning," I answered. "I hope your affairs in the Argentine may brighten before very long."

He shook his head gloomily, and then left the office without another word.

When he had gone I answered some letters, gave some instructions to my managing clerk, and then donned my hat and set off for the office of the Shipping Company that had brought Gideon Hayle to England.

Unfortunately it transpired that they were not in a position to do very much in the way of helping me. Mr. Bertram had certainly travelled home in one of their steamers, so the manager informed me, a boat that as a rule did not carry passengers. He had landed at the docks, and from that moment they had neither seen nor heard anything of him. I inquired for the steamer, only to learn that she was now somewhere on her way between Singapore and Hong Kong. This was decidedly disappointing, but as most of the cases in which I have been ultimately successful have had unpromising beginnings, I did not take it too seriously to heart. Leaving the Shipping Office, I next turned my attention to Hatton Garden, where I called upon Messrs. Jacob and Bulenthall, one of the largest firms in the gem trade. We had had many dealings together in the past, and as I had had the good fortune on one occasion to do them a signal service, I knew that they would now do all that they could for me in return.