That order written and signed, Alain hastened to acquit himself of his debt of honour, and contemplating his probable ruin with a lighter heart presented himself at the Hotel Duplessis.

Duplessis made no pretensions to vie with the magnificent existence of Louvier. His house, though agreeably situated and flatteringly styled the Hotel Duplessis, was of moderate size, very unostentatiously furnished; nor was it accustomed to receive the brilliant motley crowds which assembled in the salons of the elder financier.

Before that year, indeed, Duplessis had confined such entertainments as he gave to quiet men of business, or a few of the more devoted and loyal partisans of the Imperial dynasty; but since Valerie came to live with him he had extended his hospitalities to wider and livelier circles, including some celebrities in the world of art and letters as well as of fashion. Of the party assembled that evening at dinner were Isaura, with the Signora Venosta, one of the Imperial Ministers, the Colonel whom Alain had already met at Lemercier’s supper, Deputes (ardent Imperialists), and the Duchesse de Tarascon; these, with Alain and Frederic, made up the party. The conversation was not particularly gay. Duplessis himself, though an exceedingly well-read and able man, had not the genial accomplishments of a brilliant host. Constitutionally grave and habitually taciturn—though there were moments in which he was roused out of his wonted self into eloquence or wit—he seemed to-day absorbed in some engrossing train of thought. The Minister, the Deputes and the Duchesse de Tarascon talked politics, and ridiculed the trumpery emeute of the 14th; exulted in the success of the plebiscite; and admitting, with indignation, the growing strength of Prussia, and—with scarcely less indignation, but more contempt, censuring the selfish egotism of England in disregarding the due equilibrium of the European balance of power,—hinted at the necessity of annexing Belgium as a set-off against the results of Sadowa.

Alain found himself seated next to Isaura—to the woman who had so captivated his eye and fancy on his first arrival in Paris.

Remembering his last conversation with Graham nearly a year ago, he felt some curiosity to ascertain whether the rich Englishman had proposed to her, and if so, been refused or accepted.

The first words that passed between them were trite enough, but after a little pause in the talk, Alain said:

“I think Mademoiselle and myself have an acquaintance in common-Monsieur Vane, a distinguished Englishman. Do you know if he be in Paris at present? I have not seen him for many months.”

“I believe he is in London; at least, Colonel Morley met the other day a friend of his who said so.”

Though Isaura strove to speak in a tone of indifference, Alain’s ear detected a ring of pain in her voice; and watching her countenance, he was impressed with a saddened change in its expression. He was touched, and his curiosity was mingled with a gentler interest as he said “When I last saw M. Vane I should have judged him to be too much under the spell of an enchantress to remain long without the pale of the circle she draws around her.”

Isaura turned her face quickly towards the speaker, and her lips moved, but she said nothing audibly.