DIAMOND CUT DIAMOND.
{"newspaper_name": "Holly Springs gazette.", "edition": "01", "page": "p1", "byline": ""}
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other New. Yorker. figured pretty cons
spicuously, occurred IN this CITY last week.
We will give the facts as they were reia-
ted to us-indeed they need no ampliicasion.
The whole sporting world of Gotham has
had a pain in its side for several days past,
IN consequence ofthe paroxysms of laugh.
ter into which 1t was thrown by the denoue-
ment. We omit the names of the parties,
but IN other respect the statement may be
implicitly relied on as full and faithful


Ii appears that In The early part of last
week, Mr.. -. of South Carolina an
upper crust gambler. arrived in town
with plenty OF the fluid. for the purpose of
betting on the approaching race between
Peytona and Fashion, end Of picking up
anything verdant hat might come in his
way. Soon after landing from the Phila-
delphia boat, he wended his way to GER
tain well known restaurat In Park Row
where the blacklegs most do congregate,
and for the purpose of meeting some of his
old acquaintance and making some pro-
fesslonal inquiries. He had just lighted a
cigar, and was In the act of raising a glass
Of brandy and water to his lips, when the
fash of large Jewel on the little finger o.
one of the craft who was performing the
same operation arrested his attention.


That's fine diamond" exclaimed the
Southerner, setting down the tumbler and
STOPPING forward 10 obtain a closer view OF
the jewel.


Yes" remarked the other, sit ought to
bel gave five hundred dollars for it and
got it cheap at that wish / had the val
ue of it now, though for | got regularly
cleaned out at Is, in Barley street,
yesterday.


eWhat'll you take fer it, cash downf"
said the Southerner. who, like The most of
his tribe, is fond of snowy 6t1outierie, and
having pocket full of rocks, felt himself
remarkably selfcompIacent.


SWELL" said the New York land shark,
speaking slowly. and taking puff at his
cigar every second word, "as | want mo-
ney anI you're pretty clever fellow,
don't care if let you have it for four hun
dred and fifty dollars


.sSay four hundred" was the reply, "and
it's bargain"


The ring was transferred and the money
was paid. Ry this lime. the parties had
become the centre of little knot OF know
ing ones upon whose faces sat a sneering
expression, which the Southerner, who, like
all gamblers, was good physiognomist,
perceived and did not relish. When the
transaction was completed his keen ear
caught to sound OF a staggering whisper,
which ran round the little circle. and be at
once concluded he was done. He showed
40 symptoms of suspicion, however, out
calling for champagne treated the compa-
ny-dec Jared himself delighted with his
purchase, and bidding his friends good
evening, left The place. Proceeding to the
store of an eminent jeweller in Broadway,
he placed the ring on the counter and
asked the value of that brilliant The
iewelier looked at it aud smiled. sits
paste" said he, ''and worth about fifty
cents


.Have you a real stone about the same
size aad shape ?'' said the Southerner.


Il have" was the reply, and beautiful
little diamond, of which the mock stone
seemed : fac sinsiie, was produced.


The price was four hundred dollars
The Souiherner then explained that he
wished 10 borrow it for few days, and
would leave the value in the jewellers
hand until it was returned and pay twen-
ty five dollars for the use of It, The pro-
position was agreed to. the diamond sub
stiluted for the counterfeit; and the South
Caroiinian left the store.


~
the restaurat, and found the old party as
sembIed. They began to quiz hun, de-
claring that he had been regularly sucked
in" that his ring was not worth a dollar,
&c. the former owner of the trnket appears
ing to enjoy the joke more than any of the
rest


"WeIl, gentlemen" SAID the supposed
dupe in a self-sufficent tone, "you may
think wha, you please knoao it's dia-
mond. I've travelled some, and I'm not
to be taken in quite SO easy as you think
for. rIl bet you a hundred dollars this Is
a real Brilliant


The bel was taken up in ar instant and
others offered TO the amount five or six hun
dred dollars more all cilwhich were prompt
Iy met By the Southerner. The stakes be-
ing put up. out sailed the sportsmen to find
a ieweIler. The first they questioned pro.
nounced the stone a "fne diamond and
worth from four To five hundred dollLrs."
So said the next, aud the nexi, and the
next. The better Stood aghass lit was
a diamond. and no mistake; and as the
Southerner pocketed the "tin.' he coolly
observed Il told ,ou, gentlemen. l had
travelled some.'


The following day he took the stone
back to the iewelier of whom .4e had bor-
:. "A