The Gem Collector (also published as The Intrusion of Jimmy and A Gentleman of Leisure) holds particular interest for the fan of its author, P. G. Wodehouse. Originally published as a magazine story in 1909, it captures almost the precise moment in “Plum’s” career when he began to discover the formula that would soon make him the most successful author of light fiction in the world. He hasn’t quite put the pieces together yet, but the elements are all here, in unfinished form.

The story is of Jimmy Pitt, London millionaire. In his earlier years, being a privately educated young man of high birth but low income, he made his living as a jewel thief in New York City. But now he’s inherited his uncle’s title and fortune, and he’s a reformed character. At least he’s pretty sure he is. In the opening scene, he earns the reader’s sympathy by observing a young man in visible discomfort across a restaurant dining room, divining that the idiot has taken his two female companions out without enough money in his pockets to pay the bill, and surreptitiously sending along five pounds of the needful, by way of a waiter. This earns him the everlasting gratitude and friendship of Spencer “Spennie” Blunt.

On the same evening, by one of those ridiculous coincidences which the author will learn to depend on not less, but more, in his later career, Jimmy encounters a vagrant on the street. And who does he turn out to be but Spike Mullins, a New York criminal (with a ridiculous accent) with whom Jimmy used to work in the old days? Jimmy, kind soul that he is, does not hesitate to take him home and put him up in his own house.

Soon afterward, Jimmy gets invited by Spennie to a house party at his stepfather’s country house. The stepfather turns out to be none other than Pat McEachern, formerly an extremely corrupt New York policeman. McEachern has cashed in on his graft and purchased an English estate. With him has come his daughter Molly, who used to be a friend of Jimmy’s until her father forbade her to see him again.

You can predict the general lines of what follows. I need only add that one of the other guests is wearing a remarkable pearl necklace, which sorely tempts Spike, and has even Jimmy working hard to suppress his old sporting instincts.

The later Wodehouse, of course, would learn to exert less effort to keep his stories realistic. He would learn that, although you can make a reformed jewel thief sympathetic if you try, it’s much easier (and funnier) to find a blockheaded young man of the upper classes and force him, through the blackmail of a ruthless aunt or the pleas of a desperate friend, to burgle the necklace—or cow creamer, or pig. And instead of having your character cool and in control of things, like Jimmy, make him pretty generally feckless, have him caught dead to rights, and watch him squirm. Then deliver him by a deus ex machina, perhaps a brainy valet.

Still, The Gem Collector clearly shows the elements coming together in Wodehouse’s imagination. It’s also an amusing story in its own right, written in the inimitable Wodehouse style, and a very enjoyable read. Suitable for all ages, if they’re literate.

Established, well-loved authors get a little more latitude in their product than unknowns. Though I don’t mean to imply that I didn’t thoroughly enjoy Dick Francis’s Banker, I won’t pretend that it’s a taut, edge-of-your-seat thriller. It’s pretty languid, stretching the action over a period of three years. We don’t even know for sure any crime has been committed until about half-way through, and nobody gets killed till after that. The only suspense comes near the very end.

But the signature Dick Francis pleasures are all here in abundance—a stalwart, sympathetic hero, a love story that doesn’t try to hog the spotlight, and an interesting look into a world few of us know. That horse racing is involved goes without question, but the education here is in the world of merchant banking—how loans are made (or refused), what makes for success in a chancey field, how banker princes live.

Our hero is Tim Ekaterin, who at the beginning is an underling in an English bank that bears his family name (though that refers to a different branch of the family than his own). But when his immediate superior is taken ill he’s instructed to take over the man’s loan decisions. This opportunity moves him up a level in status, and he gets an invitation to attend the Derby at Ascot, where he and the rest of the party see a brilliant horse called Sandcastle come in the winner. Later, when a request comes in from a stud farmer for a loan to buy Sandcastle, it seems an excellent investment.

But, as we learn (after a year or so), someone wants to sabotage the horse. And they will not stop at murder to accomplish it.

Aside from the pleasures of reading a satisfying story from a master storyteller, Banker had other rewards for me. I enjoyed seeing the world of business, specifically the world of banking, portrayed positively, with the bankers presented as decent people who root for their creditors’ success.

“I can’t promise because it isn’t my final say-so, but if the bank gets all its money in the end, it’ll most likely be flexible about when.”

“Good of you,” Oliver said, hiding emotion behind his clipped martial manner.

“Frankly,” I said, “you’re more use to us salvaged than bust.”

He smiled wryly. “A banker to the last drop of blood.”

It was also pleasing to read, in a fairly recent book, of a hero who refuses to commit adultery when he knows he could, and could get away with it. The celebration of sexual virtue is a rare quality in literature nowadays.

Not Francis’ best, Banker is flawed but well worth the read. Recommended for teens and up.

My review of Hal Colebatch’s Time Machine Troopers is up at The American Spectator Online. I’m rather proud of my title.