By Prof. HENRY A. MIERS, M.A., F.R.S. LECTURE I. The object which I have proposed to myself in these two lectures is to consider, not the history nor the artistic interest of precious stones, but simply some of their curious properties. In the first place, then, I will ask you to accompany me in the inquiry as to those characters of precious stones to which they owe their beauty and their value, and next to pursue the inquiry a little farther and to see how, by means of these characters, the same stones may be studied, and hence, also, identified with accuracy. From the earliest times certain minerals, which are conspicuous for their beauty, have been prized for decorative purposes; the brilliant green hue of malachite, the deep blue of lapis lazuli and the rich color of red jasper would naturally attract early attention. But these particular minerals are not numbered among the true precious stones; they do not possess the remarkable qualities which endow the diamond, the ruby or the topaz with their peculiar attractiveness. The two essential qualities, namely, brilliancy and hardness, are only possessed by certain rare minerals; a brilliancy which makes them unrivaled for ornamental purposes and a hardness which protects them from wear and tear and makes them practically indestructible. It is difficult in a town like London, where every jeweler's shop is ablaze with diamonds, to realize that large and good stones possessing these qualities are so rare; that thousands of natives are toiling in the river beds of India, Burma and Ceylon washing out from the gravel or the sand the little blue and red pebbles which are to be converted by the lapidary's art into brilliant jewels of sapphire and ruby. Even in that wonderful pit at Kimberley, where half the diamonds of the world seem to have been crowded together for the use of man, although, perhaps, ten tons of diamonds, worth more than £50,000,000, have been extracted in twenty-five years, yet those which weigh more than an ounce each may be counted on the fingers.