It is to be presumed that the Chevalier did so explain; for though both at the first, and quite recently at the second default of payment, Alain received letters from M. Louvier’s professional agent, as reminders of interest due, and as requests for its payment, the Chevalier assured him that these applications were formalities of convention—that Louvier, in fact, knew nothing about them; and when dining with the great financier himself, and cordially welcomed and called “Mon cher,” Alain had taken him aside and commenced explanation and excuse, Louvier had cut him short. “Peste! don’t mention such trifles. There is such a thing as business—that concerns my agent; such a thing as friendship—that concerns me. Allez!”

Thus M. de Rochebriant, confiding in debtor and in creditor, had suffered twelve months to glide by without much heed of either, and more than live up to an income amply sufficient indeed for the wants of an ordinary bachelor, but needing more careful thrift than could well be expected from the head of one of the most illustrious houses in France, cast so young into the vortex of the most expensive capital in the world.

The poor Marquis glided into the grooves that slant downward, much as the French Marquis of tradition was wont to glide; not that he appeared to live extravagantly, but he needed all he had for his pocket-money, and had lost that dread of being in debt which he had brought up from the purer atmosphere of Bretagne.

But there were some debts which; of course, a Rochebriant must pay—debts of honour—and Alain had, on the previous night, incurred such a debt and must pay it that day. He had been strongly tempted, when the debt rose to the figure it had attained, to risk a change of luck; but whatever his imprudence, he was incapable of dishonesty. If the luck did not change, and he lost more, he would be without means to meet his obligations. As the debt now stood, he calculated that he could just discharge it by the sale of his coupe and horses. It is no wonder he left his letters unopened, however charming they might be; he was quite sure they would contain no cheque which would enable him to pay his debt and retain his equipage.

The door opened, and the valet announced M. le Chevalier de Finisterre—a man with smooth countenance and air distinque, a pleasant voice and perpetual smile.

“Well, mon cher,” cried the Chevalier, “I hope that you recovered the favour of Fortune before you quitted her green table last night. When I left she seemed very cross with you.”

“And so continued to the end,” answered Alain, with well-simulated gaiety—much too bon gentilhomme to betray rage or anguish for pecuniary loss.

“After all,” said de Finisterre, lighting his cigarette, “the uncertain goddess could not do you much harm; the stakes were small, and your adversary, the Prince, never goes double or quits.”

“Nor I either. ‘Small,’ however, is a word of relative import; the stakes might be small to you, to me large. Entre nous, cher ami, I am at the end of my purse, and I have only this consolation-I am cured of play: not that I leave the complaint, the complaint leaves me; it can no more feed on me than a fever can feed on a skeleton.”

“Are you serious?”