"The Regent."

Again Mr. Cawthorne looked around, with bewilderment in his eyes.
The others nodded their approval of Mr. Czenki's opinion.

"The Regent, yes," Mr. Wynne agreed; "one hundred and thirty-six and
three-quarter carats, cut as a brilliant, worn by Napoleon in his
sword-hilt, now in the Louvre at Paris, the property of the French
Government--valued at two and a half million dollars." His hand
disappeared into the leather packet again; poised on his finger-tips,
when he withdrew them, was another huge jewel. He dropped it into
Mr. Schultze's hand. "There is further proof that the diamond output
has increased fiftyfold."

Mr. Schultze seemed dazed as he turned and twisted the diamond in his
hand. After a moment he passed it on down the table without a word.

"A duplicate also," and Mr. Wynne glanced at Mr. Cawthorne. "It is
reasonably certain that you would have heard of that if it had
disappeared from the Louvre." He turned to Mr. Schultze again. "I
may add that this fiftyfold increase in output is not confined to
small stones," he went on tauntingly. "They are of all sizes and
values. For instance?"

He lifted still another jewel from the packet and held it aloft for
an instant.

"The Orloff!" gasped Mr. Solomon.

"No," the young man corrected; "this, too, is a duplicate. The