"At Trieste?" interrupted Timar. "What's his name?"

"He turns out sea-going vessels," said Theodor, casting a contemptuous look at Timar. "He is not merely a barge-builder—and for that matter his name is Signor Scaramelli."

Timar was silent. He did not care to let out that he himself was having a large vessel built for the ocean trade by Scaramelli.

"I am just rolling in money!" bragged Theodor. "Millions and millions pass through my hands. If I were not such an honest man, I could save thousands for myself. I have bought something for my dear little Noémi, which I once promised her. What did I promise? A ring. What sort of a stone? A ruby, an emerald? Well, it is a brilliant, a four-carat brilliant: it shall be our betrothal ring. Here it is." Theodor felt in his breeches-pocket, fumbled a long time, made at last a terrible grimace, and stared on the ground. "It is lost!" groaned he, turning his pocket out, and showing the treacherous hole through which the valuable engagement-ring with the four-carat diamond had escaped. Noémi broke into a hearty laugh. She had such a lovely ringing voice when she laughed, and one seldom had a chance of hearing it.

"But it is not lost!" cried Theodor; "you may spare your laughter, fair lady!" and he began to draw off his boot—and there really was the ring, which fell out of the turned-over top of the boot on to the tray.

"There it is! A good horse does not run away. My little Noémi's engagement-ring has never left me. Look now, Mamma Therese—your future son-in-law has brought this for his bride; there, what do you say to that? And you, Mr. Underwriter, if you understand these things, what do you value this diamond at?"

Timar looked at the stone and said, "Paste. In the trade it is worth about five groschen."

"Hold your tongue, Supercargo! What do you know about it? You understand hay and maize, and perhaps never saw a diamond in your life."

And so saying, he placed the despised ring, which Noémi would on no account wear, on his little finger, and was busy all through the meal in showing it off. The young gentleman had a fine appetite. During dinner he talked very big about what a gigantic establishment this shipbuilder's was, and how many million square feet of wood were required every year. There were hardly any trees left in the neighborhood fit for building ships. They had to be brought from America. There were only a few left in Sclavonia. Only after he had dined well, he came out with the principal affair.

"And now, my dear lady, I will tell you what I have come about."