"You'd share and share alike with the rest, whether you'd been in that particular job or not. There's fifty members, and you'd get one-fiftieth, same as Number One and same as me."
"Really? No kidding?"
"See that wet, see that dry!" Jukes laughed. "Say, can you beat it? There's never been anything like it. It's the biggest thing ever been known. He's a great man, is Number One."
"And do you pull off many jobs?"
The above dialogue is happening between two persons, one is a recruiter of gangster, the other one is would-be gang member.
"See that wet, see that dry!" seems to me 'it needs to be experience yourself.' But in fact I am not very sure of the meaning since it doesn't look like a common expression. Or it might be an invented expression by Ms. Dorothy Sayers herself.
The story was written by Ms. Sayers in 1929 by the name of 'The Adventurous exploit of Cave of Ali Baba.'