“How do you know I have it?”

“You admitted as much to Manvers, and Mrs. Ilkington says you have it.”

“But why need everybody know about it?”

“Enquire of Mrs. Ilkington. If you wanted the matter kept secret, why in the sacred name of the great god Publicity did you confide in that queen of press agents?”

“She had no right to say anything—”

“Granted. So you actually have got that collar with you?”

“Oh, yes,” Alison admitted indifferently, “I have it.”

“In this room?”

“Of course.”

“Then be advised and take no chances.”