'So you have nothing to tell me, Monsieur Saccard?' she resumed.

'Why, no, madame, nothing but what you must already know.'

And thereupon he left her, thinking as he walked away: 'You have been none too amiable with me, and it will amuse me to see you get a ducking.'

As he was returning to the Place de la Bourse again, the sight of Gundermann, whom he espied in the distance emerging from the Rue Vivienne, made his heart flutter once more. There could be no doubt of it; distance might shorten the great Baron's figure, but it was indeed he, walking slowly as was his wont, carrying his pale head erect without looking at anybody, as though, in the midst of all that crowd, he were alone in his royalty. And Saccard watched him with a feeling of terror, seeking to interpret each movement that he made. On seeing Nathansohn approach him, he imagined that all was lost. But his hopes revived when he saw the coulissier draw back with a discomfited air. No, there was certainly nothing unusual about the great banker; he had his every-day look. And all at once Saccard's heart leapt with joy, for Gundermann had just entered the confectioner's shop to make his customary purchase of sweetmeats for his little grand-daughters; and that was a sure sign of his knowing nothing, for he never set foot in the shop on days of crisis.

One o'clock struck and the bell announced the opening of the market. It was a memorable Bourse, one of those great days of disaster—disaster caused by a totally unexpected rise—which are so rare that they remain legendary. At the outset, amid the overpowering heat, prices fell yet lower. Then some sudden isolated purchases—the desultory fire of skirmishers, as it were, before the opening of a battle—provoked astonishment. But amidst the general distrust, things still remained dull and heavy, when all at once the number of purchases began to increase, demands sprang up in all directions, and Nathansohn at the coulisse under the colonnade, and Mazaud, Jacoby, and Delarocque in the corbeille within the building, were to be heard shouting that they would take any stock at any price. And then there was a tremor, a sudden ground-swell as it were, though nobody yet dared to rush into the fight, so inexplicable was this sudden change in the tone of the market.

Prices had but slightly risen, and Saccard had time to give Massias fresh orders for Nathansohn. Then, as little Flory passed by on the run, he asked him to hand Mazaud a fiche on which he had written a request to the broker to continue buying, to keep on at it indeed until he sent him word to stop. Flory read what was written on the fiche as he trotted off, and, fired with confidence, followed the great man's lead, at once effecting some purchases on his own account. And at a quarter to two o'clock the thunderbolt fell in the midst of the crowded Bourse. Austria surrendered Venetia to the Emperor; the war was over. Whence had the news arrived? Nobody knew; but it came simultaneously from every tongue, and, indeed, from the very flagstones. Someone had brought it, and all repeated it in a growing clamour, like the loud voice of an equinoctial tide. Prices then began to rise with furious bounds amidst the frightful uproar; and before the bell rang out the closing hour there was a difference of forty, fifty francs in many quotations. It was an indescribable mêlée—one of those battles in which confusion prevails, when soldiers and officers alike rush hither and thither, thinking only of saving their skins, but unable to do so because they are blinded, deafened, and no longer possess any clear idea of the situation. Perspiration streamed from the foreheads of the combatants, whilst the relentless sun beat upon the steps, wrapping the Bourse in the blaze of a conflagration.

When settling day came round, and it was possible to form an idea of the disaster, it proved an immense one. The battle-field was strewn with wounded and ruined. 'Bear' Moser was one of the most severely hit. Pillerault, who on this one occasion had despaired of a rise, paid dearly for his weakness. Maugendre was out of pocket to the tune of fifty thousand francs, his first serious loss. The Baroness Sandorff had such heavy differences to make good that Delcambre, it was reported, refused to pay for her; and she turned quite white with rage and hatred at the mere mention of her husband, the Embassy councillor, who had held the despatch in his own hands before Rougon had ever seen it, and yet had not said a word to her on the subject. But the big bankers, the Jewish bankers especially, had been subjected to a terrible defeat—a real massacre, so to say. It was asserted that Gundermann, for his part, had lost eight millions of francs. And this astounded people. How was it that he had not been warned—he, the undisputed master of the market, to whom Cabinet Ministers were but clerks and states, dependencies? There had evidently been one of those extraordinary combinations of circumstances which bring about great strokes of chance. It was an unforeseen, an idiotic disaster that had befallen the market, a disaster outside the pale of logic and reason.

However, the story spread, and Saccard passed for a great man. He had raked in nearly all the money lost by the 'bears.' Personally, he had put a couple of million francs in his pockets. The rest was to be placed in the coffers of the Universal Bank, or rather in the hands of the directors. With great difficulty he succeeded in persuading Madame Caroline that Hamelin's share of the plunder so legitimately gained from the Jews was a million. Huret, having helped in the work, had taken care to secure for himself a princely share of the booty. As for the others, the Daigremonts, the Bohains, they needed no pressing to accept what was offered them. Thanks and congratulations were voted to the eminent manager unanimously. And one heart especially was warm with gratitude to Saccard, the heart of little Flory, who had gained ten thousand francs, a small fortune, which would enable him to live with Chuchu in a little nest in the Rue Condorcet, and join Gustave Sédille and other friends at expensive restaurants in the evening. As for Jantrou, it was found necessary to make him a considerable present, as he was very angry at not having been forewarned. Dejoie alone remained in the dumps, fated to experience eternal regret at having one evening scented fortune vaguely, mysteriously passing by in the air, all to no purpose.

This, Saccard's first triumph, seemed as it were some florescence of the Empire which now had attained its apogee. He became a part of the splendour of the reign, one of its glorious reflections. On the very evening when he waxed powerful and wealthy amidst so many shattered fortunes, at the very hour when the Bourse became but a field of ruin, all Paris adorned itself with bunting and illuminated as on the occasion of some great victory; and festivities at the Tuileries and rejoicings in the streets proclaimed Napoleon III. the master of Europe—so high and mighty that emperors and kings chose him as arbiter in their quarrels, and handed provinces over to him that he might dispose of them between them. No doubt there were protests at the Chamber of Deputies; prophets of misfortune confusedly predicted a terrible future. Prussia increased, strengthened by all that France had tolerated, Austria beaten, and Italy ungrateful. But bursts of laughter and shouts of anger drowned those anxious voices; and on the morrow of Sadowa, Paris, the centre of the world, set all her avenues and monuments ablaze with illuminations, pending the coming of those black, icy nights, those gasless nights, through which the red fuses of shells were destined to wing their flight.

Overflowing with success, Saccard that evening walked the streets, the Place de la Concorde, the Champs Élysées, all the footways where lampions were lighted. Carried along in the full-tide stream of promenaders, his eyes dazzled by the day-like brilliancy, it was possible for him to imagine that folks had illuminated in his honour. For was he not also an unexpected conqueror, one who rose to increased power in the midst of the disasters of others? A single annoyance tempered his satisfaction—the anger displayed by Rougon, who, in a terrible fury, on realising the origin of the Bourse stroke, had given Huret his dismissal. So the great man had not shown himself a good brother by sending him (Saccard) the all-important news. Must he dispense with that high patronage? must he even attack the omnipotent Minister? All at once, while he was standing in front of the Palace of the Legion of Honour, which was surmounted by a gigantic cross of fire, glowing brightly against the black sky, he boldly resolved to do so on the day when he should feel himself sufficiently strong. And then, intoxicated by the songs of the crowd and the flapping of the flags, he retraced his steps through flaming Paris to the Rue Saint Lazare.