"Let him go," said Raoul. "Enguerrand never fails in anything he undertakes; especially," he added, with a smile half sad, half tender, "when one wishes to replenish one's purse."

"I too gratefully grant such an ambassador all powers to treat," said Alain. "I am only ashamed to consign to him a post so much beneath his genius," and "his birth" he was about to add, but wisely checked himself. Enguerrand said, shrugging his shoulders, "You can't do me a greater kindness than by setting my wits at work. I fall a martyr to ennui when I am not in action;" he said, and was gone.

"It makes me very melancholy at times," said Raoul, flinging away the end of his cigar, "to think that a man so clever and so energetic as Enguerrand should be as much excluded from the service of his country as if he were an Iroquois Indian. He would have made a great diplomatist."

"Alas!" replied Alain, with a sigh, "I begin to doubt whether we Legitimists are justified in maintaining a useless loyalty to a sovereign who renders us morally exiles in the land of our birth."

"I have no doubt on the subject," said Raoul. "We are not justified on the score of policy, but we have no option at present on the score of honour. We should gain so much for ourselves if we adopted the State livery and took the State wages that no man would esteem us as patriots; we should only be despised as apostates. So long as Henry V. lives, and does not resign his claim, we cannot be active citizens; we must be mournful lookers-on. But what matters it? We nobles of the old race are becoming rapidly extinct. Under any form of government likely to be established in France we are equally doomed. The French people, aiming at an impossible equality, will never again tolerate a race of gentilshommes. They cannot prevent, without destroying commerce and capital altogether, a quick succession of men of the day, who form nominal aristocracies much more opposed to equality than any hereditary class of nobles; but they refuse these fleeting substitutes of born patricians all permanent stake in the country, since whatever estate they buy must be subdivided at their death my poor Alain, you are making it the one ambition of your life to preserve to your posterity the home and lands of your forefathers. How is that possible, even supposing you could redeem the mortgages? You marry some day; you have children, and Rochebriant must then be sold to pay for their separate portions. How this condition of things, while rendering us so ineffective to perform the normal functions of a noblesse in public life, affects us in private life, may be easily conceived.

"Condemned to a career of pleasure and frivolity, we can scarcely escape from the contagion of extravagant luxury which forms the vice of the time. With grand names to keep up, and small fortunes whereon to keep them, we readily incur embarrassment and debt. Then neediness conquers pride. We cannot be great merchants, but we can be small gamblers on the Bourse, or, thanks to the Credit Mobilier, imitate a cabinet minister, and keep a shop under another name. Perhaps you have heard that Enguerrand and I keep a shop. Pray, buy your gloves there. Strange fate for men whose ancestors fought in the first Crusade—mais que voulez- vous?"

"I was told of the shop," said Alain; "but the moment I knew you I disbelieved the story."

"Quite true. Shall I confide to you why we resorted to that means of finding ourselves in pocket-money? My father gives us rooms in his hotel; the use of his table, which we do not much profit by; and an allowance, on which we could not live as young men of our class live at Paris. Enguerrand had his means of spending pocket-money, I mine; but it came to the same thing,—the pockets were emptied. We incurred debts. Two years ago my father straitened himself to pay them, saying, 'The next time you come to me with debts, however small, you must pay them yourselves, or you must marry, and leave it to me to find you wives.' This threat appalled us both. A month afterwards, Enguerrand made a lucky hit at the Bourse, and proposed to invest the proceeds in a shop. I resisted as long as I could; but Enguerrand triumphed over me, as he always does. He found an excellent deputy in a bonne who had nursed us in childhood, and married a journeyman perfumer who understands the business. It answers well; we are not in debt, and we have preserved our freedom."

After these confessions Raoul went away, and Alain fell into a mournful revery, from which he was roused by a loud ring at his bell. He opened the door, and beheld M. Louvier. The burly financier was much out of breath after making so steep an ascent. It was in gasps that he muttered, "Bon jour; excuse me if I derange you." Then entering and seating himself on a chair, he took some minutes to recover speech, rolling his eyes staringly round the meagre, unluxurious room, and then concentrating their gaze upon its occupier.

"Peste, my dear Marquis!" he said at last, "I hope the next time I visit you the ascent may be less arduous. One would think you were in training to ascend the Himalaya."