THE REGENT.                                 15 that a stone which was worth forty-seven thou­sand pagodas was surely worth forty-eight. Convinced by this reasoning the Governor went again to Jamchund and at last closed the bar­gain at forty-eight thousand pagodas ($96,000). It was a lucky moment for him, since it was upon this minute but adamantine corner-stone that the Governor of Fort St. George began to build up the fortunes of the great house of Pitt. The diamond, valued far below its price in order not to attract attention, was sent home to England and lodged with bankers until Mr. Pitt's return from India, when he had it cut and polished. This process, the most critical one in the life of a diamond, was performed in an eminently satisfactory manner. The rough stone, which had weighed four hundred and ten carats, came forth from the hands of the cutter a pure and flawless brilliant of unparalleled lustre weighing one hundred and thirty-six and three fourths carats. It took two years to cut it, and the cost of the operation was ten thou-