. He objected to being startled in
this manner. "You are a detective?" he asked.

"Oh, scarcely that, sir," Le Drieux replied in a deprecating way. "My
printed card indicates that I am a merchant, but in truth I am a special
agent, employed by the largest pearl and gem dealers in the world, a firm
with branches in every large European and American city. My name is Le
Drieux, sir, at your service," and with a flourish he presented his card.

The young rancher preferred to study the man's face.

"I am a sort of messenger," he continued, placidly. "When valuable
consignments of jewels are to be delivered, I am the carrier instead of
the express companies. The method is safer. In twenty-six years of this
work I have never lost a single jewel."

"One firm employs you exclusively, then?"

"One firm. But it has many branches."

"It is a trust?"

"Oh, no; we have many competitors; but none very important. Our closest
rival, for instance, has headquarters on this very coast--in San
Francisco--but spreads, as we do, over the civilized world. Yet
Jephson's--that's the firm--do not claim to equal our business. They deal
mostly in pearls."

"Pearls, eh?" said Arthur, musingly. "Then it was your firm that lost the
valuable collection of pearls you mentioned to Mr. Merrick?"

"No. They were the property of Countess Ahmberg, of Vienna. But we had
sold many of the finest specimens to the countess and have records of
their weight, size, shape and color. The one you are now wearing, sir,"
pointing to Uncle John's scarf pin, "is one of the best black pearls ever
discovered. It was found at Tremloe in 1883 and was originally purchased
by our firm. In 1887 I took it to Tiffany, who sold it to Prince Godesky,
of Warsaw. I carried it to him, with other valuable purchases, and after
his death it was again resold to our firm. It was in October, 1904, that
I again became the bearer of the pearl, delivering it safely to Countess
Ahmberg at her villa. It was stolen from her, together with 188 other
rare pearls, valued at a half million dollars, a little over a year ago."

"This pearl, sir," said Uncle John stiffly, "is not the one you refer
to. It was found on the shores of the island of Sangoa, and you have
never seen it before."

Le Drieux smiled sweetly as he brushed the ashes from his cigar.

"I am seldom mistaken in a pearl, especially one that I have handled,"
said he. "Moreover, a good pearl becomes historic, and it is my busine