"Have you sent for the police?" I asked.

"Yes, and have also wired to Scotland Yard for one of their best detectives. Vyner took the telegram for me, and was to call at the police station on his way back. He is nearly as much upset as I am. This is a terrible loss. I feel fit to kill myself for my folly in bringing that valuable bracelet on board a house-boat."

"It was a little imprudent," I answered, "but you are sure to get it back."

"I hope so," he replied moodily.

Just then the punt with Vyner and a couple of policemen on board was seen rapidly approaching. Ridsdale went to meet them, and was soon in earnest conversation with the superintendent of police. The moment Vyner leapt on board he came to the part of the deck where I was standing.

"Ah, Bell," he cried, "what about my prognostications of last night?"

"They have been verified too soon," I answered. I gave him a quick glance. His eyes looked straight into mine.

"Have you any theory to account for the theft?" I asked.

"Yes, a very simple one. Owing to the heat of the evening the Countess slept with her window open. It was an easy matter to wade through the water, introduce a hand through the open window and purloin the diamonds."

"Without being seen by any occupants of the tents?" I queried.