through he will pay well. So last week I pring a peautiful collection all cut but unset, and I wait out in that room while Denson shows them to his customer."

"You mean you let them out of your sight?"

"Yes—that is not so uncommon; reg'lar pishness. You see I was out here—this is the only way out. Denson was in the inner office with the stones and the American. Neither could get out without passing here. And I had done pishness with him alretty."

"Well?"

"You see I wait downstairs with my case—this case—till Denson sends down. He doesn't want me to show—fery natural, you see, in pishness. When I sell to make a profit, perhaps for somebody else, I don't want that somebody to know my customer, else he sells direct and I lose my profit—fery natural. See?"

"Of course, I understand. It's a point of business among you gentlemen to keep your own customers to yourselves. And often, no doubt, diamonds pass through several hands before reaching the eventual customer, leaving a profit in each."

"Always, Mr. Hewitt—always, you might say. Well, you see, Denson sends down that his customer is in, and I come up. Denson comes out