“Something very ugly to tell you, sir. Now listen. What do you make of this story?”

Saxon did listen while Mr Manchuri enlarged on Annie’s apparently innocent, wheedling ways, on her story with regard to the necklace, and on the fact that he had given her in exchange for it ten notes, each of the value of ten pounds.

“A hundred pounds in all,” said the old jeweller; “and, to tell you the truth, Mr Saxon, cheap at the price, for I could sell that necklace to-morrow for two hundred and fifty pounds, or even three hundred. Mark you, my dear young sir, I could do it, but you could not, nor could she, sharp as she is; for I know the trade and you don’t, and she doesn’t, and Lady Lushington doesn’t. Therefore a hundred pounds is a very fair sum to pay for what only cost her ladyship forty. Now, will you read that?” he added, handing him Lady Lushington’s letter.

John Saxon did so. He returned it and looked full into the face of Mr Manchuri.

“Well, sir,” said the merchant, “what do you mean to do?”

“What do you mean to do, Mr Manchuri?”

Mr Manchuri spread out his hands.

“I,” he said—“I mean to take the law in this matter. I mean to write the simple and exact truth to Lady Lushington, and I mean to confront that precious Miss Brooke with the truth. That is what I mean to do. That sort of wickedness ought not to be permitted, sir. It ought to be nipped in the bud.”

“I agree with you,” said Saxon. He spoke very slowly, and with pain. “It ought to be nipped in the bad, and I am,”—a lamp came to to his throat—“almost glad that you have made this discovery. There would be nothing quite so dreadful for my poor little cousin as that this thing should be hidden. Now it is known, soon a great deal more will be known—of that I am persuaded. But, sir, I want to plead with you on behalf of the guilty party. In the first place, the girl in question is only seventeen. Her exceeding youth, which ought to be the shield of innocence, has not proved sufficient to keep her from acting in the most crafty and guilty manner. But she was the beloved child of one of the beet of men, and for his sake I will not have her name dragged in the dust; if I can save her from the world’s knowledge of such a grave crime as this, I will. Mr Manchuri, you have lost one hundred pounds. Here is my cheque for the amount.”

Here John Saxon took a cheque-book from his pocket.