After dinner the king went to the Council, but in a rather bad humor. The news from Russia was bad; a vessel had been lost; some of the provinces refused to pay the taxes; also a beautiful map of the world, made by himself, had that day split into two pieces. Vainly, therefore, M. de Calonne produced his accounts, with his usual smiling air; the king continued out of temper. For a long time he sat, as usual, drawing hieroglyphics on a piece of paper, whilst the foreign correspondence was being read, and paying little attention to what passed around him.

At last, however, M. de Calonne began to speak of the loan to be raised for the ensuing year. The king became attentive, and said, “Always borrowing; but how is it to be repaid? That is a problem, M. de Calonne, for you to solve.”

“Sire, a loan is only turning a stream from one direction, to cause it to flow more abundantly in another. In deepening the channel, you only increase the supply; therefore, let us not think of paying, but only of obtaining present supplies.” M. de Calonne then explained his plans, which were approved by his colleagues.

The king agreed, with a sigh.

“Now we have money,” said M. de Calonne, “let us dispose of it;” and he handed a paper to the king, with a list of pensions, gifts, and payments to be made.

The king glanced at the total,—“1,900,000 francs for this—enormous!”

“But, sire, one item is 500,000 francs.”

“Which?”

“The advance to the queen.”

“To the queen! 500,000 francs to the queen!—impossible!”