Eguiburu lifted his head, and fixed his little blue eyes on Miguel, who looked at him in a cool and hostile manner.

"Yes, señor," he replied.

"Then I congratulate you again; I did not know that you could have it."

"Don't you remember, Señor de Rivera," said the banker, with amiability exaggerated in order to palliate the unpleasant effect that his words were about to produce, "I have here a paper endorsed with your name?"

And as he said this he raised his hand to his overcoat pocket.

Again Miguel kept silence. At the end of a few moments he spoke in a voice in which could be detected anger scarcely repressed:—

"That is to say, Señor de Eguiburu, that you propose nothing else than to ruin me on account of a debt, which, as is evident to you, I have not contracted."

"I propose merely to make sure of my money."

"That is all right," said Miguel, in a choking voice; "to-morrow I will write to the Count de Ríos, and will also see Mendoza; I should like to know if the count is capable of leaving me in the lurch.... If that should be so, then we will see what is to be done."

After these words there was a period of embarrassed silence. Eguiburu twisted his hat, looking askance at Miguel, who kept his eyes fastened on the floor, while his lips showed an almost imperceptible tremor, which did not escape the banker's notice.