'You are a great man,' said Gambardella thoughtfully, when they had walked some distance and were nearing their destination.

'You flatter me!' laughed Trombin. 'What is easier than to guess that a Dominican monk with a small white hand and an emerald ring may be a lady in disguise? Besides, my dear friend, with your exquisite sense of all that is feminine, you must surely have noticed her walk as she came up to the bridge. I am not a judge of women myself, but as soon as I saw the monk walking, I was sure of the truth.'

'I did not see her coming, but she has a delicious voice,' answered Gambardella thoughtfully. 'I wish I had seen her face.'

'Perhaps you may, some day. Here we are.'

They stopped before a low arched door not fifty yards from the Rialto. A large dry bush, sticking out of a narrow grated window beside the forbidding entrance, showed that wine was sold within. The faint yellow light from the lamp of a shrine, built in the wall on the opposite side of the street, just overcame the darkness. Trombin tried the door and found it ajar; both men entered, and Gambardella pushed it back to its original position.

It was quite dark within, and the place smelt like a wine-cellar, but the two evidently knew their way and they walked quickly forward, half a dozen paces or so, till a wide space suddenly opened on the right, and a wretched little earthenware oil-lamp appeared, high up, dimly lighting the first landing of a damp stone staircase. The friends began to mount at once.

As they went up the air became drier, the smell of the cellar turned into a complex odour of grilled meats, savoury sauces, rich wine, and spring fruits, which the companions snuffed and breathed in with greedy delight; sounds of laughing voices were heard, the stairs were better lighted, and now and then the idle tinkling of a lute or of a deep-voiced, double-stringed guitar made an improvised accompaniment to the cheerful echoes.

Gambardella and Trombin entered a brightly lighted vestibule at the head of the stair and were greeted by the host in person, a broad-shouldered, black-haired Samian with brilliant red cheeks; he was showily dressed in blue cloth trimmed with gold braid, wore a tall fez and spotless linen, and had a perfect arsenal of weapons stuck in his belt, all richly ornamented with silver work, in which were set pieces of coral, carbuncles, and turquoises. He had a look of tremendous vitality and health, and the tawny light danced and played in his eyes when he laughed. He spoke the Venetian dialect fluently, but with a strong Greek accent, and an evident difficulty in pronouncing the letter B.

'Welcome, young gentlemen!' he cried in a formidably cheerful voice, as he rose from the little table at which he had been busy with his accounts. 'Here is old Markos, your faithful friend! What can Markos do for your lordships to-day? Do you desire money of Markos? It is yours, all his poor store! Or do you come for supper, to taste a real pilaf and a brace of quails roasted in fig leaves, with a jar of old wine of Samos and a sweetmeat, and some liquor brewed by the monks of Mount Athos? Markos is here to serve you!'

He looked as broad as he was long as he stood there bawling out his noisy greetings, his thumbs stuck into his broad red leather belt, his legs apart, and his white teeth gleaming like a young boar's tusks in the midst of his shiny black beard.

Trombin nodded gravely at each phrase, keeping his hat on his head, and making his rapier stick up behind him. From the rooms beyond the vestibule the rich steam of good things floated through the half-closed door, and the ring of merry voices, clinking glasses, and tinkling strings was delightful to the ears of men who had supped in a garret on bread and salt fish for three weeks.

'Markos,' said Trombin, 'apply your excellent sight and your money-lender's intelligence to this marvellous ring, with which unfortunate circumstances now oblige me to part. It belonged to my sainted aunt, the Abbess of Acquaviva, who left it to me with her blessing when I was young and innocent. It was once blessed by His Holiness Saint Pius the Fifth, who thereby endowed it with efficacious power to protect the virtue of those who should wear it. My sainted aunt wore it for forty years, and she was indeed virtuous to the end of her life. I remember that she was cross-eyed and had bad teeth and a sallow complexion. For my own part, I must confess that I have not always----'

'How much do you want on it?' interrupted Markos, who had been examining the stone as well as he could by the light of the oil-lamp, while Trombin was talking in his grand style.

'A hundred ducats down, and no wine,' answered Gambardella, without hesitation, in his deep voice.

'We would accept half a dozen jars of Samos, to be drunk here,' suggested Trombin, 'if we sealed them ourselves.'

Markos grinned from ear to ear.

'Twenty ducats,' he said quietly, 'and a hogshead of "rezinato," worth ten ducats more! That is all I can give.'

'Rezinato at ten ducats!' sneered Gambardella.

'It costs me that,' retorted the money-lender, 'so it must be worth it. Possibly I might make the cash twenty-five ducats, but that would only be out of old friendship. I shall lose by it if you do not redeem the ring.'

'I wish you might lose something for once!' cried Trombin devoutly.

They bargained long. In those days, and long before and afterwards, the money-lenders of Venice were Greek and Eastern eating-house keepers and sellers of wine, and it was impossible to pawn any object with them without accepting at least one-third of the advance in the shape of wine more or less sour, or watered, or both.

But the two shabbily-dressed gentlemen who had taken the emerald ring from the disguised lady were not ordinary customers. Trombin inspired present terror, and Gambardella apprehension for the future, and though Markos was as broad as he was long and had a dozen pistols and knives in his belt, his courage was not equal to his ferocious appearance. From a business point of view, the Venetian Bravi were children in his hands; but when they came quite near to him, one on each side, and spoke slowly and clearly in their determined way, the tremendous Markos felt his bravery shrink within him till it seemed to rattle like a dry pea shaken in a steel cuirass, and the amount of money he actually advanced on the ring was considerable; he even consented to let Gambardella seal the six jars of Samos wine, which formed part of the loan, with the heavy brass seal ring the Bravo wore, on which was engraved the Bear of the Ursuline Order of Nuns, with a few words in Gothic characters. One of many things which Trombin did not know about his companion was the story of that ring and how Gambardella had become possessed of it.

So the transaction was duly terminated, and when Markos had at last parted with his money and his fine old wine, his jolly face cleared once more; for, after all, he had not lost by the bargain, though he had not made much, and the good-will of the two most famous and dangerous cut-throats in all the Venetian territory was worth something to a man who always lived more or less on the outer edge of the law.

Half-an-hour later bliss descended upon the companions as they sat at table in their favourite place, a sort of alcove or niche in the general hall of the eating-house, whence they could see and hear all that went on, without being too much disturbed in their enjoyment of the good things set before them. The place was brightly lighted by several scores of lamps fed with mingled oil, tallow, and camphor, and fastened on large wooden rings that hung from the high ceiling. The smoke floated up to the blackened beams, and found its way out through a small clere-story window at one end, and the light below was clear and soft. Thirty or forty guests were seated at tables of different sizes, and amongst them was a fair scattering of handsome women, mostly dressed in silks and satins of bright colours, and wearing jewels that sparkled when they moved. The men were of all sorts: there were a few good-looking young Venetian nobles, who had laid aside their cloaks and outer coats, and sat in their doublets and lace collars; there were two rich English travellers, in dark velvet, their long fair locks carefully combed and curled in the manner of the cavaliers, their hands conspicuously white, and their fingers adorned with magnificent rings; with them sat two auburn-haired Venetian beauties, radiant and laughing, and sipping Eastern wines from tall goblets of Murano glass. At one long table near the wall a serenading party was installed, their pretty instruments hanging on pegs behind them, together with their hats and cloaks. Beyond, in a corner, a pale young Florentine, with a spiritual profile, was supping with a lady who turned her back to the hall, and whose head and shoulders were almost hidden in a cloud of priceless lace. These two spoke little and ate delicately, and now and then their dark eyes met and flashed upon each other.