But she did not go. The morning papers lay on a near table. She had read every word that they had to tell her of the fierce financial turmoil. Some of the stern figures they quoted made her heart flutter with affright; some of their ominous and snarling editorials wrought an added discomfort.

If Hollister weathered the storm, she decided, all would remain as it had been before. Or, if not precisely that, the general outward effect would continue quite the same. She would shine among her courtiers; she would dazzle and rule. He would feel his wound, now that he knew the pitiless truth of her indifference, but he would make the engrossing ventures of his business-life drown its pain until this had perhaps ceased forever. They would drift further apart than they had ever done in recent months, but to the eye of the world there would be no severance. It was possible that he would vex her with no more reproaches. It was probable that as time passed he would forget that he had ever had any reproaches to offer.

While Claire's reflections, nervous and fitful, took by degrees some such shape as this, she found a desperate, yearning pleasure in the hope that she might still drink the vin capiteux of worldly success. She almost felt like flinging herself on her knees and praying that the delicious cup might not forever be dashed from her lips. To this stage had her triumphs brought her. She was the same woman who had made those resolves of abstinence and reformation which her biographer has already duly chronicled. She was the same woman whose conscience had smitten her with a sense of higher and purer things when the farewell of Thurston warned her by such appalling remonstrance, and when she found herself confronting her father's placid tomb amid the solemnities of Greenwood. And yet how abysmal was the difference between then and now! The chance of radical change in heart, aim, and ideal had then been given her; but now all thought of such change woke only a willful, imperious dissent. Her vision turned upon her own soul to-day, and showed her its mighty lapse from grace, its supine and incapable droop. The debasing spell had been woven; what counterspell was potent enough to break it? Occasional flashes of regret and aspiration might well assail her spirit, or of recognition that she had lost a high contentment in gaining a low one. This was natural enough. It has been aptly put into metaphor that the saddest place in Purgatory is that from which the walls of Paradise are visible.

By four o'clock Hollister had not returned. But Mrs. Diggs had made her appearance instead, and Claire welcomed it as a happy relief from the torment of her own thoughts. "My dear," said this lady, "there has been nothing so dreadful in Wall Street since the crisis of the famed Black Friday. My poor Manhattan came home at about three o'clock, utterly jaded out. I made him go to bed. He could scarcely speak to me. I asked him about your husband's affairs, but he gave me only mumbling answers; excitement had put him into a kind of stupor, don't you know?"

"Yes," assented Claire, understanding the nature of the collapse perfectly. "So he told you nothing of Herbert's affairs? Nothing whatever?"

"Nothing that I could really make out. I should be in a wild state, and have a feeling about the soles of my feet as if I were already going barefoot, don't you know, if I hadn't long ago insisted upon Manhattan's putting a very large and comfortable sum safely away in my name."

Claire thought of the house that had been assigned to her, of her jewels, of her costly apparel. But to remember these merely aggravated her distress. What a meagre wreck they would leave from the largess of her past prosperity!

"I wouldn't be awfully worried, if I were you," continued Mrs. Diggs. "If the worst should come, your husband will be sure to save something handsome. These great speculators always do. Some odd thousands always turn up after the storm has blown over. Perhaps he will begin again, and do grander things than ever before."

"That is cold consolation," said Claire, with a bitter smile.

"I know it is for you, Claire, dear, who have been tossing away hundreds to my dimes. I might say horrid things, but I won't. I might talk of retribution for your extravagances, and all that. But I so detest the je vous l'avais bien dit style of rebuke. And I don't want to rebuke you a bit. You have your faults, of course. But you're always my sweet, beautiful Claire. My heart will ache for you if anything frightful should happen. I say it to your face, dear, as I would say it behind your back, that you are the one woman of all others whom money perfectly adorns. You spent it like a queen, and you looked like a queen while you spent it. You remember how I used to gush over Cornelia Van Horn's grand manner? It could never hold a candle to yours. I'm afraid I abused you like a regular pickpocket the other night. Oh, yes, I pitched into you just as hard as I could. But at the same time I was thinking how well you carried your worldliness—what a kind of a beau rôle you made of it, don't you know? And whatever should come, Claire, always recollect that I'll stick to you, my dear, through thick and thin!"