"The fatal thing," said M. de Chédeville, "is that commercial freedom which the Emperor had gone crazy about. No doubt things went on well after the treaties of 1867, and every one marvelled. But to-day the real effects are being felt. See how prices have fallen everywhere. I am for Protection; we must defend ourselves against the foreigner."

Hourdequin, lolling back in his chair and ceasing to eat, spoke slowly and dreamily:

"Wheat, which is at fifty-two francs a quarter, costs forty-six to produce. If it falls any lower it means ruin. And every year, folks say, America is increasing her exportation of cereals. We are threatened with a regular glut of the market. What will become of us, then? See here! I've always been in favour of progress, science, and liberty. Well, I'm shaken in my creed, upon my word. Yes, indeed. We can't starve to death; let's have Protection."

He returned to the wing of his pigeon, and went on:

"You're aware that your antagonist, Monsieur Rochefontaine, the owner of the building works at Châteaudun, is a violent Free-trader?"

They chatted for a moment about this candidate, who employed from a thousand to twelve hundred workmen: a tall, intelligent, energetic fellow, opulent to boot, and greatly inclined to serve the Empire, but so hurt at not having secured the prefect's support, that he insisted on standing as an independent candidate. He had no chance, however; the country electors treating him as a public foe the moment he ceased to be on the strongest side.

"Lord!" resumed M. de Chédeville: "there's only one thing he wants: bread to be low, so that he may pay his hands more cheaply."

The farmer who had been about to pour himself out a glass of claret set the bottle on the table again.

"That's the dreadful part of it!" cried he. "On the one hand, there are ourselves, the peasants, who want to sell our grain at a remunerative price; and, on the other, there's the manufacturer, who drives prices down to lessen wages. It's war to the knife; and how's it to end? Come!"

In truth, here was the burning question of the hour: the antagonism that strains the framework of society. This question was far beyond the ex-beau, who contented himself with nodding his head, and making an evasive gesture.