Mr. Bacon, the jeweler is in sorrow; he pines for a woman to care for him. Although he is rich from the jewels he owns, there is something missing in his life:
So the great jeweller, the greatest jeweller in the whole world, swung down Piccadilly, perfectly dressed, with his gloves, with his cane; but dissatisfied still, till he reached the dark little shop, that was famous in France, in Germany, in Austria, in Italy, and all over America—the dark little shop in the street off Bond Street.
At one time, he had Mademoiselle who lived near him. She would put a red rose in his coat's buttonhole each morning. Now, Mademoiselle is married to another and Mr. Bacon is all alone and dissatisfied with life:
But Mademoiselle had married Mr. Pedder of the local brewery—no one stuck roses in his buttonhole now.
Mr. Bacon is now in love with the Duchess of Lambourne's daughter, Diana. He would do anything to have her love. That is why he writes the Duchess a check for twenty thousand pounds for fake pearls. Mr. Bacon pines away for her daughter, Diana. When the Duchess of Lambourne offers Mr. Bacon a weekend riding trip with Diana, Mr. Bacon gladly accepts. He will pay any price to be with Diana. He had his bet on Diana. He knew that he could win the bet to spend the weekend with Diana because her mother, the Duchess, desperately needed money. In the end, Mr. Bacon wins his bet, but loses his money for an exchange of fake pearls from the Duchess. His weekend riding trip with Diana only costs him twenty thousand pounds.