Finally, a week after this abortive effort, Saccard had the joy of seeing the affair, so long thwarted by obstacles, concluded in a few days' time. Daigremont called to tell him that he had secured all needful support, and that they could go ahead. Then, for the last time, they went together over the proposed bye-laws, and drew up the articles of association. And it was a great time too for the Hamelins, whose circumstances were growing difficult again. Hamelin had for years had but one dream—to become the consulting engineer of a great financial establishment; as he expressed it, he undertook to bring the water to the mill. So, little by little, Saccard's fever had gained upon him, and he now burned with the same zeal and impatience. Madame Caroline, on the contrary, after her first enthusiasm at the idea of the beautiful and useful things which they were going to accomplish, seemed to grow colder and wore a dreamy air, now that they were reaching the briars and bogs of execution. Her great good sense, her upright nature, scented all sorts of dark and unclean holes; and she particularly trembled for her brother, whom she adored and whom she sometimes laughingly called 'a big stupid' in spite of all his science; not that she in the least doubted the perfect honesty of their friend, whom she saw so devoted to their fortune; but she experienced a singular sensation, as if the earth were moving under her feet, and feared lest she should fall and be swallowed up at the first false step.

That morning, Saccard, when Daigremont had gone, went up to the workroom with a beaming face. 'At last, it is settled!' he cried.

Hamelin, in a transport, stepped forward with moist eyes, and grasped his hands, as if he would crush them. And as Madame Caroline simply turned towards him, a little pale, Saccard added: 'Well, and you, is that all you have to say to me? Doesn't this news please you?'

Thereupon she smiled pleasantly. 'Why, yes, I am very glad, very glad, I assure you.'

And when he had given her brother particulars respecting the syndicate now definitely formed, she intervened with her peaceful air: 'So it is permissible, eh? for several persons to meet and divide stock among themselves, before it has been issued?'

He made a violent gesture of affirmation. 'Why, certainly, it is permissible! You don't think us silly enough to risk a failure? To say nothing of the fact that we need the support of men of standing, men who can control the market should matters be difficult at the outset. And now, at any rate, four-fifths of our shares are placed in sure hands. We can proceed to sign the articles of association at the notary's.'

She was daring enough to oppose him. 'I thought that the law required the subscription of the entire capital before that was done?'

This time, greatly surprised, he looked her in the face. 'You read the Code then?' he asked.

She coloured slightly, for he had guessed the truth. On the previous day, yielding to her uneasiness, that secret fear without any precise cause, she had read the law which regulated joint-stock companies. Still, just for a moment, she was on the point of denying it. Then she confessed with a laugh: 'Yes, it's true; I read the Code yesterday; and after my perusal, I found myself examining into my own honesty and that of others, just as after reading medical books one fancies oneself afflicted with every disease.'

He, however, took offence; for the circumstance that she had wished to inform herself showed that she distrusted him, and was prepared to watch him, with her searching intelligent woman's eyes.