"Ah, exactly. Now I remember. Well, I should say that it would be a hazardous undertaking. I believe had I stolen the gem, as, by the way, Randolph, you suggested, I could do better than that."

"Ah," said Mr. Randolph, "this is getting interesting. Come, tell us; how should you hide the jewel, supposing that you had taken it?"

"That is a leading question," said Mr. Mitchel. "I prefer not to answer it. Walls have ears, you know." He said this in a significant way that made Mr. Randolph uncomfortable for a moment. Mr. Mitchel at once continued: "I will say this, however, that the thief, whoever he is, cannot profit by his theft."

"Why not?" asked Mr. Thauret.

"Because there is not another gem in existence save those two which are so absolutely perfect in color. In fact, they are the standards by which rubies are valued. It is claimed that the expression 'pigeon-blood ruby' owes its existence to the staining of one of these gems in the manner described. Dealers sometimes cut a pigeon's throat to compare the blood with the color of a gem being appraised. The significance of this is, that the stolen gem cannot be sold as it is, because it would be recognized, and I have notified all the great dealers in the world that my 'Egyptian Gem' has been stolen. If it were attempted to have it cut up, the lapidary would at once report the matter, as the reward offered by me is greater than could be earned by recutting the stone."

"Suppose that the thief himself is a gem cutter?" asked Thauret.

"Even then the perfect color would at once tell the first dealer to whom he applied that the 'Egyptian Gem' had been recut."

"The thief might be a patient man, and all things come to him who waits," replied Mr. Thauret.

"True," said Mr. Mitchel. "But mark my words, the 'Egyptian Gem' will not be sold by the person who has it now."

"Especially if that person is yourself," said Mr. Randolph.