so much philosophy could hardly have been expected of him.

"all my father's friends are not as indulgent as you are," saidmaxence, - "m. desclavettes, for instance.""have you seen him?""yes, last night, about twelve o'clock. he came to ask us to getfather to pay him back, if we should ever see him again.""that might be an idea!"mlle. gilberte started.

"what!" said she, "you, too, sir, can imagine that my father hasrun away with millions?"the old lawyer shook his head.

"i believe nothing," he answered. "favoral has taken me in socompletely, - me, who had the pretension of being a judge of men,- that nothing from him, either for good or for evil, could surpriseme hereafter."mme. favoral was about to offer some objection; but he stopped herwith a gesture.

"and yet," he went on, "i'd bet that he has gone off with emptypockets. his recent operations reveal a frightful distress. hadhe had a few thousand francs at his command, would he have extortedfive hundred francs from a poor old woman, a newspaper-vender?

what did he want with the money? try his luck once more, no doubt."he was seated, his elbow upon the arm of the chair, his head restingupon his hands, thinking; and the contraction of his featuresindicated an extraordinary tension of mind.

suddenly he drew himself up.

"but why," he exclaimed, "why wander in idle conjectures? what dowe know about favoral? nothing. one entire side of his existenceescapes us, - that fantastic side, of which the insane prodigalitiesand inconceivable disorders have been revealed to us by the billsfound in his desk. he is certainly guilty; but is he as guilty aswe think? and, above all, is he alone guilty? was it for himselfalone that he drew all this money? are the missing millions reallylost? and wouldn't it be possible to find the biggest share of themin the pockets of some accomplice? skilful men do not exposethemselves. they have at their command poor wretches, sacrificedin advance, and who, in exchange for a few crumbs that are thrownto them, risk the criminal court, are condemned, and go to prison.""that's just what i was telling my mother and sister, sir,"interrupted maxence.

"and that's what i am telling myself," continued the old lawyer.

"i have been thinking over and over again of last evening's scene;and strange doubts have occurred to my mind. for a man who hasbeen robbed of a dozen millions, m. de thaller was remarkably quietand self-possessed. favoral appeared to me singularly calm for aman charged with embezzlement and forgery. m. de thaller, asmanager of the mutual credit, is really responsible for the stolenfunds, and, as such, should have been anxious to secure the guiltyparty, and to produce him. instead of that, he wished him to go,and actually brought him the money to enable him to leave. was hein hopes of hushing up the affair? evidently not, since the policehad been notified. on the other hand, favoral seemed much moreangry than surprised by the occurrence. it was only on theappearance of the commissary of police that he seems to have losthis head; and then some very strange things escaped him, which icannot understand."he was walking at random through the parlor, apparently ratheranswering the objections of his own mind than addressing himself tohis interlocutors, who were listening, nevertheless, with all theattention of which they were capable.

"i don't know," he went on. "an old traveler like me to be takenin thus! evidently there is under all this one of those diabolicalcombinations which time even fails to unravel. we ought to see,to inquire "and then, suddenly stopping in front of maxence,"how much did m. de thaller bring to your father last evening?" heasked.

"fifteen thousand francs.""where are they?""put away in mother's room.""when do you expect to take them back to m. de thaller?""to-morrow.""why not to-day?""this is sunday. the offices of the mutual credit must be closed.""after the occurrences of yesterday, m. de thaller must be at hisoffice. besides, haven't you his private address?""i beg your pardon, i have."the old lawyer's small eyes were shining with unusual brilliancy.

he certainly felt deeply the loss of his money; but the idea thathe had been swindled for the benefit of some clever rascal wasabsolutely insupportable to him.

"if we were wise," he said again, "we'd do this. mme. favoralwould take these fifteen thousand francs, and we would go together,she and i, to see m. de thaller."it was an unexpected good-fortune for mme. favoral, that m.

chapelain should consent to assist her. so, without hesitating,"the time to dress, sir," she said, "and i am ready." she left theparlor; but as she reached her room, her son joined her.

"i am obliged to go out, dear mother," he said; "and i shallprobably not be home to breakfast."she looked at him with an air of painful surprise. "what," she said,"at such a moment!""i am expected home.""by whom? a woman?" she murmured.

"well, yes.""and it is for that woman's sake that you want to leave your sisteralone at home?""i must, mother, i assure you; and, if you only knew -""i do not wish to know, any thing."but his resolution had been taken. he went off; and a few momentslater mme. favoral and m. chapelain entered a cab which had beensent for, and drove to m. de thaller's.

left alone, mlle. gilberte had but one thought, - to notify m. detregars, and obtain word from him. any thing seemed preferable tothe horrible anxiety which oppressed her. she had just commenceda letter, which she intended to have taken to the count de villegre,when a violent ring of the bell made her start; and almostimmediately the servant came in, saying,"it is a gentleman who wishes to see you, a friend of monsieur's,- m. costeclar, you know."mlle. gilberte started to her feet, trembling with excitement.

"that's too much impudence!" she exclaimed. she was hesitatingwhether to refuse him the door, or to see him, and dismiss himshamefully herself, when she had a sudden inspiration. "what doeshe want?" she thought. "why not see him, and try and find out whathe knows? for he certainly must know the truth."but it was no longer time to deliberate. above the servant'sshoulder m. costeclar,s pale and impudent face showed itself.

the girl having stepped to one side, he appeared, hat in hand.

although it was not yet nine o'clock, his morning toilet wasirreproachably correct. he had already passed through thehair-dresser's hands; and his scanty hair was brought forward overhis low fore-head with the usual elaborate care.

he wore a pair of those ridiculous trousers which grow wide fromthe knee down, and which were invented by prussian tailors to hidetheir customers' ugly feet. under his light-colored overcoat couldbe seen a velvet-faced jacket, with a rose in its buttonhole.

meantime, he remained motionless on the threshold of the door,trying to smile, and muttering one of those sentences which arenever intended to be finished.

"i beg you to believe, mademoiselle your mother's absence - my mostrespectful admiration -"in fact, he was taken aback by the disorder of the girl's toilet,- disorder which she had had no time to repair since the clamorsof the creditors had started her from her bed.

she wore a long brown cashmere wrapper, fitting quite close overthe hips setting off the vigorous elegance of her figure, themaidenly perfections of her waist, and the exquisite contour ofher neck. gathered up in haste, her thick blonde hair escapedfrom beneath the pins, and spread over her shoulders in luminouscascades. never had she appeared to m. costeclar as lovely as atthis moment, when her whole frame was vibrating with suppressedindignation her cheeks flushed, her eyes flashing.

"please come in, sir," she uttered.

he stepped forward, no longer bowing humbly as formerly, but withlegs outstretched, chest thrown out, with an ill-concealed look ofgratified vanity. "i did not expect the honor of your visit, sir,"said the young girl.

passing rapidly his hat and his cane from the right hand into theleft, and then the right hand upon his heart, his eyes raised tothe ceiling, and with all the depth of expression of which he wascapable,"it is in times of adversity that we know our real friends,mademoiselle," he uttered. "those upon whom we thought we couldrely the most, often, at the first reverse, take flight forever!"she felt a shiver pass over her. was this an allusion to marius?

the other, changing his tone, went on,"it's only last night that i heard of poor favoral's discomfiture,at the bourse where i had gone for news. it was the general topicof conversation. twelve millions! that's pretty hard. the mutualcredit society might not be able to stand it. from 580 at whichit was selling before the news, it dropped at once to 300. at nineo'clock, there were no takers at 180 and yet, if there is nothingbeyond what they say, at 180, i am in."was he forgetting himself, or pretending to?

"but please excuse me, mademoiselle," he resumed: "that's not whati came to tell you."i came to ask if you had any news of our poor favoral.""we have none, sir.""then it is true: he succeeded in getting away through this window?""yes.""and he did not tell you where he meant to take refuge?"observing m. costeclar with all her power of penetration, mlle.

gilberte fancied she discovered in him something like a certainsurprise mingled with joy.

"then favoral must have left without a sou!""they accuse him of having carried away millions, sir; but i wouldswear that it is not so."m. costeclar approved with a nod.

"i am of the same opinion he declared, "unless - but no, he was notthe man to try such a game. and yet - but again no, he was tooclosely watched. besides, he was carrying a very heavy load, a loadthat exhausted all his resources."mlle. gilberte, hoping that she was going to learn something, madean effort to preserve her indifference.

"what do you mean?" she inquired.

he looked at her, smiled, and, in a light tone,"nothing," he answered, "only some conjectures of my own."and throwing himself upon a chair, his head leaning upon its back,"that is not the object of my visit either," he uttered. "favoralis overboard: don't let us say any thing more about him. whetherhe has got 'the bag' or not, you'll never see him again: he is asgood as dead. let us, therefore, talk of the living, of yourself.

what's going to become of you?""i do not understand your question, sir.""it is perfectly limpid, nevertheless. i am asking myself how youare going to live, your mother and yourself?

"providence will not abandon us, sir?"m. costeclar had crossed his legs, and with the end of his cane hewas negligently tapping his immaculate boot.

"providence!" he giggled; "that's very good on the stage, in a play,with low music in the orchestra. i can just see it. in real life,unfortunately, the life which we both live, you and i, it is notwith words, were they a yard long, that the baker, the grocer, andthose rascally landlords, can be paid, or that dresses and shoescan be bought."she made no answer.

"now, then," he went on, "here you are without a penny. is itmaxence who will supply you with money? poor fellow! where wouldhe get it? he has hardly enough for himself. therefore, what areyou going to do?"i shall work, sir."he got up, bowed low, and, resuming his seat,"my sincere compliments," he said. "there is but one obstacle tothat fine resolution: it is impossible for a woman to live by herlabor alone. servants are about the only ones who ever get theirfull to eat.""i'll be a servant, if necessary.".

for two or three seconds he remained taken aback, but, recoveringhimself,"how different things would be," he resumed in an insinuating tone,"if you had not rejected me when i wanted to become your husband!

but you couldn't bear the sight of me. and yet, 'pon my word, i wasin love with you, oh, but for good and earnest! you see, i am ajudge of women; and i saw very well how you would look, handsomelydressed and got up, leaning back in a fine carriage in the bois -"stronger than her will, disgust rose to her lips.

"ah, sir!" she said.

he mistook her meaning.

"you are regretting all that," he continued. "i see it. formerly,eh, you would never have consented to receive me thus, alone withyou, which proves that girls should not be headstrong, my dear child."he, costeclar, he dared to call her, "my dear child." indignant andinsulted, "oh!" she exclaimed. but he had started, and kept on,"well, such as i was, i am still. to be sure, there probably wouldbe nothing further said about marriage between us; but, frankly,what would you care if the conditions were the same, - a fine house,carriages, horses, servants -"up to this moment, she, had not fully understood him. drawingherself up to her fullest height, and pointing to the door,"leave this moment," she ordered.

but he seemed in no wise disposed to do so: on the contrary, palerthan usual, his eyes bloodshot, his lips trembling, and smiling astrange smile, he advanced towards mlle. gilberte.

"what!" said he. "you are in trouble, i kindly come to offer myservices, and this is the way you receive me! you prefer to work,do you? go ahead then, my lovely one, prick your pretty fingers,and redden your eyes. my time will come. fatigue and want, coldin the winter, hunger in all seasons, will speak to your littleheart of that kind costeclar who adores you, like a big fool thathe is, who is a serious man and who has money, - much money."beside herself,"wretch!" cried the girl, "leave, leave at once.""one moment," said a strong voice.

m. costeclar looked around.

marius de tregars stood within the frame of the open door.

"marius!" murmured mlle. gilberte, rooted to the spot by a surprisehardly less immense than her joy.

to behold him thus suddenly, when she was wondering whether shewould ever see him again; to see him appear at the very momentwhen she found herself alone, and exposed to the basest outrages,- it was one of those fortunate occurrences which one can scarcelyrealize; and from the depth of her soul rose something like a hymnof thanks.

nevertheless, she was confounded at m. costeclar's attitude.

according to her, and from what she thought she knew, he should havebeen petrified at the sight of m. de tregars.

and he did not even seem to know him. he seemed shocked, annoyedat being interrupted, slightly surprised, but in no wise moved orfrightened. knitting his brows,"what do you wish?" he inquired in his most impertinent tone.

m. de tregars stepped forward. he was somewhat pale, but unnaturallycalm, cool, and collected. bowing to mlle. gilberte,"if i have thus ventured to enter your apartment, mademoiselle," heuttered gently, " it is because, as i was going by the door, ithought i recognized this gentleman's carriage."and, with his finger over his shoulder, he was pointing to m.

costeclar.

"now," he went on, "i had reason to be somewhat astonished at this,after the positive orders i had given him never to set his feet, notonly in this house, but in this part of the city. i wished to findout exactly. i came up: i heard -"all this was said in a tone of such crushing contempt, that a slapon the face would have been less cruel. all the blood in m.

costeclar's veins rushed to his face.

"you!" he interrupted insolently: "i do not know you."imperturbable, m. de tregars was drawing off his gloves.

"are you quite certain of that?" he replied. "come, you certainlyknow my old friend, m. de villegre?"an evident feeling of anxiety appeared on m. costeclar's countenance.

"i do," he stammered.

"did not m. villegre call upon you before the war?""he did.""well, 'twas i who sent him to you; and the commands which hedelivered to you were mine."yours?"mine. i am marius de tregars."a nervous shudder shook m. costeclar's lean frame. instinctivelyhis eye turned towards the door.

"you see," marius went on with the same gentleness, "we are, youand i, old acquaintances. for you quite remember me now, don'tyou? i am the son of that poor marquis de tregars who came toparis, all the way from his old brittany with his whole fortune,- two millions.""i remember," said the stock-broker: "i remember perfectly well.""on the advice of certain clever people, the marquis de tregarsventured into business. poor old man! he was not very sharp. hewas firmly persuaded that he had already more than doubled hiscapital, when his honorable partners demonstrated to him that he wasruined, and, besides, compromised by certain signatures imprudentlygiven."mlle. gilberte was listening, her mouth open, and wondering whatmarius was aiming at, and how he could remain so calm.

"that disaster," he went on, "was at the time the subject of anenormous number of very witty jokes. the people of the boursecould hardly admire enough these bold financiers who had, so deftlyrelieved that candid marquis of his money. that was well done forhim; what was he meddling with? as to myself, to stop theprosecutions with which my father was threatened, i gave up all ihad. i was quite young, and, as you see, quite what you call, ibelieve, 'green.' i am no longer so now. were such a thing tohappen to me to-day, i should want to know at once what had becomeof the millions: i would feel all the pockets around me. i wouldsay, 'stop thief!'"at every word, as it were, m. costeclar's uneasiness became moremanifest.

"it was not i," he said, "who received the benefit of m. de tregars'

fortune."marius nodded approvingly.

"i know now," he replied, "among whom the spoils were divided. you,m. costeclar, you took what you could get, timidly, and according toyour means. sharks are always accompanied by small fishes, to whichthey abandon the crumbs they disdain. you were but a small fishthen: you accommodated yourself with what your patrons, the sharks,did not care about. but, when you tried to operate alone, you werenot shrewd enough: you left proofs of your excessive appetite forother people's money. those proofs i have in my possession."m. costeclar was now undergoing perfect torture.

"i am caught," he said, "i know it: i told m. de villegre so.""why are you here, then?""how did i know that the count had been sent by you?""that's a poor reason, sir.""besides, after what has occurred, after favoral's flight, i thoughtmyself relieved of my engagement.""indeed!""well, if you insist upon it, i am wrong, i suppose.""not only you are wrong," uttered marius still perfectly cool, "butyou have committed a great imprudence. by failing to keep yourengagements, you have relieved me of mine. the pact is broken.

according to the agreement, i have the right, as i leave here, to gostraight to the police."m. costeclar's dull eye was vacillating.

"i did not think i was doing wrong," he muttered. "favoral was myfriend.""and that's the reason why you were coming to propose to mlle.

favoral to become your mistress? there she is, you thought, withoutresources, literally without bread, without relatives, withoutfriends to protect her: this is the time to come forward. andthinking you could be cowardly, vile, and infamous with impunity,you came."to be thus treated, he, the successful man, in presence of thisyoung girl, whom, a moment before, he was crushing with his impudentopulence, no m. costeclar could not stand it. losing completelyhis head,"you should have let me know, then," he exclaimed, "that she wasyour mistress."something like a flame passed over m. de tregars' face. his eyesflashed. rising in all the height of his wrath, which broke outterrible at last,"ah, you scoundrel!" he exclaimed.

m. costeclar threw himself suddenly to one side.

"sir!"but at one bound m. de tregars had caught him.

"on your knees!" he cried.

and, seizing him by the collar with an iron grip, he lifted himclear off the floor, and then threw him down violently upon bothknees.

"speak!" he commanded. "repeat, - 'mademoiselle'

m. costeclar had expected worse from m. de tregars' look. a horriblefear had instantly crushed within him all idea of resistance.

"mademoiselle," he stuttered in a choking voice. "i am the vilestof wretches," continued marius. m. costeclar's livid face wasoscillating like an inert object.

"i am," he repeated, "the vilest of wretches.""and i beg of you -"but mlle. gilberte was sick of the sight.

"enough," she interrupted, "enough!"feeling no longer upon his shoulders the heavy hand of m. de tregars,the stock-broker rose with difficulty to his feet. so livid was hisface, that one might have thought that his whole blood had turnedto gall.

dusting with the end of his glove the knees of his trousers, andrestoring as best he could the harmony of his toilet, which had beenseriously disturbed,"is it showing any courage," he grumbled, "to abuse one's physicalstrength?"m. de tregars had already recovered his self-possession; and mlle.

gilberte thought she could read upon his face regret for his violence.

"would it be better to make use of what you know?" m. costeclarjoined his hands.

"you would not do that,", he said. "what good would it do you toruin me?""none," answered m. de tregars: "you are right. but yourself?"and, looking straight into m. costeclar's eyes, - "if you could beof service to me," he inquired, "would you be willing?""perhaps. that i might recover possession of the papers you have."m. de tregars was thinking.

"after what has just taken place," he said at last, "an explanationis necessary between us. i will be at your house in an hour. waitfor me."m. costeclar had become more pliable than his own lavender kidgloves: in fact, alarmingly pliable.

"i am at your command, sir," he replied to m. de tregars.

and, bowing to the ground before mlle. gilberte, he left the parlor;and, a few moments after, the street-door was heard to close upon him.

"ah, what a wretch!" exclaimed the, girl, dreadfully agitated.

"marius, did you see what a look he gave us as he went out?""i saw it," replied m. de tregars.

"that man hates us: he will not hesitate to commit a crime to avengethe atrocious humiliation you have just inflicted upon him.""i believe it too."mlle. gilberte made a gesture of distress.

"why did you treat him so harshly?" she murmured.

"i had intended to remain calm, and it would have been politic tohave done so. but there are some insults which a man of heartcannot endure. i do not regret what i have done."a long pause followed; and they remained standing, facing each other,somewhat embarrassed. mlle. gilberte felt ashamed of the disorderof her dress. m. de tregars wondered how he could have been boldenough to enter this house.

"you have heard of our misfortune," said the young girl at last.

i read about it this morning, in the papers.""what! the papers know already?""every thing.""and our name is printed in them?"yes."she covered her face with her two hands.

"what disgrace!" she said.

"at first," went on m. de tregars, "i could hardly believe what iread. i hastened to come; and the first shopkeeper i questionedconfirmed only too well what i had seen in the papers. from thatmoment, i had but one wish, - to see and speak to you. when ireached the door, i recognized m. costeclar's equipage, and i hada presentiment of the truth. i inquired from the concierge foryour mother or your brother, and heard that maxence had gone outa few moments before, and that mme. favoral had just left in acarriage with m. chapelain, the old lawyer. at the idea that youwere alone with costeclar, i hesitated no longer. i ran up stairs,and, finding the door open, had no occasion to ring."mlle. gilberte could hardly repress the sobs that rose to her throat.

"i never hoped to see you again," she stammered; "and you'll findthere on the table the letter i had just commenced for you when m.

costeclar interrupted me."m. de tregars took it up quickly. two lines only were written. heread: "i release you from your engagement, marius. henceforth youare free."he became whiter than his shirt.

"you wish to release me from my engagement!" he exclaimed. "you -""is it not my duty? ah! if it had only been our fortune, i shouldperhaps have rejoiced to lose it. i know your heart. poverty wouldhave brought us nearer together. but it's honor, marius, honor thatis lost too! the name i bear is forever stained. whether my fatheris caught, or whether he escapes, he will be tried all the same,condemned, and sentenced to a degrading penalty for embezzlement andforgery."if m. de tregars was allowing her to proceed thus, it was because hefelt all his thoughts whirling in his brain; because she looked sobeautiful thus, all in tears, and her hair loose; because therearose from her person so subtle a charm, that words failed him toexpress the sensations that agitated him.

"can you," she went on, "take for your wife the daughter of adishonored man? no, you cannot. forgive me, then, for having fora moment turned away your life from its object; forgive the sorrowwhich i have caused you; leave me to the misery of my fate;forget me!"she was suffocating.

"ah, you have never loved me!" exclaimed marius.

raising her hands to heaven,"thou hearest him, great god!" she uttered, as if shocked by ablasphemy.

"would it be easy for you to forget me then? were i to be struckby misfortune, would you break our engagement, cease to love me?"she ventured to take his hands, and, pressing them between hers,"to cease loving you no longer depends on my will," she murmuredwith quivering lips. "poor, abandoned of all, disgraced, criminaleven, i should love you still and always."with a passionate gesture, marius threw his arm around her waist,and, drawing her to his breast, covered her blonde hair withburning kisses.

"well, 'tis thus that i love you too!" he exclaimed, "and with allmy soul, exclusively, and for life! what do i care for yourparents? do i know them? your father - does he exist? your name- it is mine, the spotless name of the tregars. you are my wife!

mine, mine!"she was struggling feebly: an almost invincible stupor was creepingover her. she felt her reason disturbed, her energy giving way, afilm before her eyes, the air failing to her heaving chest.

a great effort o er will restored her to consciousness. shewithdrew gently, and sank upon a chair, less strong against joythan s had been against sorrow.

"pardon me," she stammered, "pardon me for having doubted you!"m. de tregars was not much less agitated than mlle. gilberte: but hewas a man; and the springs of his energy were of a superior temper.

in less than a minute he had fully recovered his self-possessionand imposed upon his features their accustomed expression. drawinga chair by the side of mlle. gilberte,"permit me, my friend," he said, "to remind you that our moments arenumbered, and that there are many details which it is urgent that ishould know.""what details?" she asked, raising her head.

"about your father."she looked at him with an air of profound surprise.

"do you not know more about it than i do?" she replied, "more thanmy mother, more than any of us? did you not, whilst following upthe people who robbed your father, strike mine unwittingly? and'tis i, wretch that i am, who inspired you to that fatal resolution;and i have not the heart to regret it."m. de tregars had blushed imperceptibly. "how did you know?" hebegan.

"was it not said that you were about to marry mlle. de thaller?"he drew up suddenly.

"never," he exclaimed, "has this marriage existed, except in thebrain of m. de thaller, and, more still, of the baroness de thaller.

that ridiculous idea occurred to her because she likes my name, andwould be delighted to see her daughter marquise de tregars. shehas never breathed a word of it to me; but she has spoken of iteverywhere, with just enough secrecy to give rise to a good pieceof parlor gossip. she went so far as to confide to several personsof my acquaintance the amount of the dowry, thinking thus toencourage me. as far as i could, i warned you against this falsenews through the signor gismondo.""the signor gismondo relieved me of cruel anxieties," she replied;"but i had suspected the truth from the first. was i not theconfidante of your hopes? did i not know your projects? i hadtaken for granted that all this talk about a marriage was but ameans to advance yourself in m. de thaller's intimacy withoutawaking his suspicions."m. de tregars was not the man to deny a true fact.

"perhaps, indeed, i have not been wholly foreign to m. favoral'sdisaster. at least i may have hastened it a few months, a fewdays only, perhaps; for it was inevitable, fatal. nevertheless,had i suspected the real facts, i would have given up my designs- gilberte, i swear it - rather than risk injuring your father.

there is no undoing what is done; but the evil may, perhaps, besomewhat lessened."mlle. gilberte started.

"great heavens!" she exclaimed, "do you, then, believe my fatherinnocent?"better than any one else, mlle. gilberte must have been convincedof her father's guilt. had she not seen him humiliated andtrembling before m. de thaller? had she not heard him, as it were,acknowledge the truth of the charge that was brought against him?

but at twenty hope never forsakes us, even in presence of facts.

and when she understood by m. de tregars' silence that she wasmistaken,"it's madness," she murmured, dropping her head:

"i feel it but too well. but the heart speaks louder than reason.

it is so cruel to be driven to despise one's father!"she wiped the tears which filled her eyes, and, in a firmer voice,"what happens is so incomprehensible!" she went on. how can i helpimagining some one of those mysteries which time alone unravels.

for twenty-four hours we have been losing ourselves in idleconjectures, and, always and fatally, we come to this conclusion,that my father must be the victim of some mysterious intrigue.

"m. chapelain, whom a loss of a hundred and sixty thousand francshas not made particularly indulgent, is of that opinion.""and so am i," exclaimed marius.

"you see, then -"but without allowing her to proceed and taking gently her hand,"let me tell you all," he interrupted, "and try with you to findan issue to this horrible situation. strange rumors are afloatabout m. favoral. it is said that his austerity was but a mask,his sordid economy a means of gaining confidence. it is affirmedthat in fact he abandoned himself to all sorts of disorders; thathe had, somewhere in paris, an establishment, where he lavished themoney of which he was so sparing here. is it so? the same thingis said of all those in whose hands large fortunes have melted."the young girl had become quite red.

"i believe that is true," she replied. "the commissary of policestated so to us. he found among my father's papers receipted billsfor a number of costly articles, which could only have been intendedfor a woman.

m. de tregars looked perplexed.

"and does any one know who this woman is?" he asked.

"whoever she may be, i admit that she may have cost m. favoralconsiderable sums. but can she have cost him twelve millions?""precisely the remark which m. chapelain made.""and which every sensible man must also make. i know very wellthat to conceal for years a considerable deficit is a costlyoperation, requiring purchases and sales, the handling and shiftingof funds, all of which is ruinous in the extreme. but, on the otherhand, m. favoral was making money, a great deal of money. he wasrich: he was supposed to be worth millions. otherwise, costeclarwould never have asked your hand.""m. chapelain pretends that at a certain time my father had at leastfifty thousand francs a year.""it's bewildering."for two or three minutes m. de tregars remained silent, reviewingin his mind every imaginable eventuality, and then,"but no matter," he resumed. "as soon as i heard this morning theamount of the deficit, doubts came to my mind. and it is for thatreason, dear friend, that i was so anxious to see you and speak toyou. it would be necessary for me to know exactly what occurredhere last night."rapidly, but without omitting a single useful detail, mlle. gilbertenarrated the scenes of the previous night - the sudden appearance ofm. de thaller, the arrival of the commissary of police, m. favoral'sescape, thanks to maxence's presence of mind. every one of herfather's words had remained present to her mind; and it was almostliterally that she repeated his strange speeches to his indignantfriends, and his incoherent remarks at the moment of flight, when,whilst acknowledging his fault, he said that he was not as guiltyas they thought; that, at any rate, he was not alone guilty; andthat he had been shamefully sacrificed. when she had finished,"that's exactly what i thought," said m. de tregars.

"what?""m. favoral accepted a role in one of those terrible financialdramas which ruin a thousand poor dupes to the benefit of two orthree clever rascals. your father wanted to be rich: he neededmoney to carry on his intrigues. he allowed himself to be tempted.

but whilst he believed himself one of the managers, called upon todivide the receipts, he was but a scene-shifter with a statedsalary. the moment of this denouement having come, his so-calledpartners disappeared through a trap-door with the cash, leavinghim alone, as they say, to face the music.""if that's the case," replied the young girl, "why didn't my fatherspeak?""what was he to say?""name his accomplices.""and suppose he had no proofs of their complicity to offer? he wasthe cashier of the mutual credit; and it is from his cash that themillions are gone."mlle. gilberte's conjectures had run far ahead of that sentence.

looking straight at marius,"then," she said, "you believe, as m. capelan does, that m. dethaller -""ah! m. capelan thinks "-"that the manager of the mutual credit must have known the fact ofthe frauds.""and that he had his share of them?""a larger share than his cashier, yes."a singular smile curled m. de tregars' lips. "quite possible," hereplied: "that's quite possible."for the past few moments mlle. gilberte's embarrassment was quiteevident in her look. at last, overcoming her hesitation,"pardon me," said she, "i had imagined that m. de thaller was oneof those men whom you wished to strike; and i had indulged in thehope, that, whilst having justice done to your father, you werethinking, perhaps, of avenging mine."m. de tregars stood up, as if moved by a spring. "well, yes!" heexclaimed. "yes, you have correctly guessed. but how can weobtain this double result? a single misstep at this moment mightlose all. ah, if i only knew your father's real situation; if icould only see him and speak to him! in one word he might, perhaps,place in my hands a sure weapon, - the weapon that i have as yetbeen unable to find.""unfortunately," replied mlle. gilberte with a gesture of despair,"we are without news of my father; and he even refused to tell uswhere he expected to take refuge.""but he will write, perhaps. besides, we might look for him,quietly, so as not to excite the suspicions of the police; and ifyour brother maxence was only willing to help me -""alas! i fear that maxence may have other cares. he insisted upongoing out this morning, in spite of mother's request to the contrary."but marius stopped her, and, in the tone of a man who knows muchmore than he is willing to say, - "do not calumniate maxence," hesaid: "it is through him, perhaps, that we will receive the helpthat we need."eleven o'clock struck. mlle. gilberte started.

"dear me!" she exclaimed, "mother will be home directly."m. de tregars might as well have waited for her. henceforth he hadnothing to conceal. yet, after duly deliberating with the younggirl, they decided that he should withdraw, and that he would sendm. de villegre to declare his intentions. he then left, and, fiveminutes later, mine: favoral and m. capelan appeared.

the ex-attorney was furious; and he threw the package of bank-notesupon the table with a movement of rage.

"in order to return them to m. de thaller," he exclaimed, "it was atleast necessary to see him. but the gentleman is invisible; keepshimself under lock and key, guarded by a perfect cloud of servantsin livery."meantime, mme. favoral had approached her daughter.

"your brother?" she asked in a whisper.

"he has not yet come home.""dear me!" sighed the poor mother: "at such a time he forsakes us,and for whose sake?"