Then, knowing that Mazaud meant to attend a banquet of old schoolfellows that evening, he contrived to be at the restaurant where it was held when the broker arrived there, and reversed the orders which he had given him earlier in the day. But his greatest piece of luck was to come. About midnight, whilst he was on his way home, he was accosted by Massias, who was just leaving the Théâtre des Variétés. They walked towards the Rue St. Lazare together, and on the way Saccard had all the time necessary to pose as an eccentric fellow who believed in a rise. Oh! not at once, of course. However, playing his part, he ended by giving Massias numerous orders for Nathansohn and other coulissiers, saying as he did so that he was acting on behalf of a group of friends, which after all was true. When he went to bed, he had taken up position as a 'bull,' with orders representing more than five millions of francs.

At seven o'clock the next morning Huret called on Saccard and acquainted him with what he had done at the Petite Bourse held on the Boulevard in front of the Passage de l'Opéra. Here he had bought as much as he could, but in a prudent way, so as not to bring about any undue rise in prices. His orders represented a million francs; and both, judging the stroke to be so far too modest a one, resolved to renew the campaign. For this they had all the morning before them. Before doing anything, however, they rushed upon the newspapers, trembling with the fear that they might find the news printed in them—a paragraph, a mere line which would annihilate all their plans. But no! the Press knew nothing. It believed in the continuation of the war, and every paper was full of telegrams giving detailed accounts of the battle of Sadowa. If no report should leak out before two in the afternoon, if they should have an hour before them when the Bourse opened, they would, as Saccard put it, make a clear sweep at the cost of the Jews. And then they again parted company, each on his own side hastening to bring fresh millions into the field.

Saccard spent that morning in tramping the streets and sniffing the air, experiencing such a desire to walk that he sent his brougham home after his first call. Whilst in the Rue Vivienne he looked in at Kolb's, where the jingle of gold fell delightfully on his ears, like some promise of victory; and he had sufficient strength of mind to say nothing to the banker, who, he found, knew nothing himself. Then he went up to Mazaud's, not to give any fresh order, but simply to feign anxiety respecting the one that he had given the night before; and here also they were still in utter ignorance of the truth. Little Flory alone caused him some anxiety by the persistent way in which he hovered about him, but the sole cause of this was the young clerk's profound admiration for the financial intelligence of the manager of the Universal Bank. As his friend Mademoiselle Chuchu was becoming a source of considerable expense to him, he had begun to speculate in a small way on his own account, and longed to know what orders the great man might give, so as to follow his lead.

At last, after a hasty repast at Champeaux', where he experienced profound delight at hearing the pessimist lamentations of Moser, and even Pillerault, both of whom predicted a further fall in prices, Saccard found himself upon the Place de la Bourse. It was only half-past twelve; but, as he put it, he wished to see everyone arrive. The heat was overpowering; fierce sun-rays streamed down, whitening the steps, whose reflections imparted to the peristyle the oppressive, burning temperature of an oven. The unoccupied chairs were crackling in this fiery air, whilst the speculators stood up seeking the protection of the narrow shadows which the columns cast.

Under a tree in the garden Saccard caught sight of Busch and La Méchain, who, on perceiving him, began talking with animation; and he even fancied that they were about to approach him when all at once they changed their minds. Was it possible that the news was known by these low ragpickers of the Bourse, who were ever scouring the gutters for such securities as might fall into them? For a moment he shuddered. But he heard himself called by name, and recognised Maugendre and Captain Chave seated on a bench and quarrelling together; for the former was now always jeering at the captain's paltry ventures, which resulted in the gain of no more than a louis a day, just as might have been the case in some little country café after innumerable hard-fought games of piquet. Come, now, said Maugendre, could he not venture on a serious stroke that afternoon in all security? Was not a fresh fall certain, as sure to come as the sun was shining above them? And he called upon Saccard to corroborate him. Was it not certain that there would be a fall? For his own part, he had staked heavily on the fall, so convinced of its coming that he would have ventured his entire fortune. Saccard responded to this direct question by smiling and tossing his head in an indefinite sort of way, feeling meantime a twinge of remorse at the thought that he could not warn this poor man whom he had known so industrious and clear-headed in the days when he sold awnings. However, he had sworn to be dumb, and was swayed by the ferocity of the gambler who has resolved that he will do nothing that may interfere with luck.

Just then, too, a fresh incident diverted his attention. The Baroness Sandorff's brougham passed by. He watched it, and saw that on this occasion it drew up in the Rue de la Banque. And all at once he bethought himself of Baron Sandorff, the Councillor at the Austrian Embassy. The Baroness must surely know the news, and would doubtless spoil everything by some piece of feminine clumsiness. He had already crossed the street, and began prowling around the brougham, which stood there motionless and silent, destitute of all signs of life, with the coachman stiffly erect upon his box. However, one of the windows was at last lowered, and thereupon Saccard gallantly bowed and drew near.

'Well, Monsieur Saccard,' said the Baroness, 'prices are still falling, I suppose?'

He fancied that she was preparing a trap for him. 'Why, yes, madame,' he replied.

Then as she looked at him anxiously, with the wavering expression which he had so often known among gamblers, he realised that she herself knew no more than the others. A stream of hot blood thereupon ascended to his brain, filling him with a sensation of beatitude.