In truth, while finishing this reading, the voice of Jacques Ferrand was broken, his impatience and temper were at an end; but, watched by Polidori, he dared not, could not trangress the least orders of Rudolph. Let his rage be imagined at being forced to dispose so liberally of his fortune in favor of a class whom he had so unmercifully persecuted in the person of Morel the lapidary.
"Is not the idea excellent, M. l'Abbé?" asked Polidori.
"Oh, sir, I, who am acquainted with all kinds of poverty, can comprehend, better than any one, of what importance this loan would be to poor and honest workmen without employ. Indigence without employment never finds credit, or, if obtainable, it is at a most usurious rate; they will lend thirty sous at eight days, and then forty must be returned; and even these loans are very difficult to be obtained; those from the pawnbrokers cost often near three hundred per cent. The artisan without work often pledges for forty sous the only covering which, during the nights of winter, defends him and his from the rigor of the cold. But," added the abbé, with enthusiasm, "a loan of thirty or forty francs without interest, and reimbursable by twelfths, when work returns-for honest workmen, it is their safety, it is hope, it is life. And with what fidelity they would pay it back! It is a sacred debt, which they have contracted to give bread to their wives and children!"
"How precious the eulogiums of M. l'Abbé must be to you, Jacques," said Polidori; "and how many more will he pronounce when he hears of your establishment of a Feeless Pawnbroker's."
"How?"
"Certainly, M. l'Abbé, Jacques has not forgotten this; it is a kind of appendage to his Bank for the Poor."
"Can it be true?" cried the priest, clasping his hands with admiration.
"Continue, Jacques," said Polidori.
The notary proceeded to read with a rapid voice, for the whole scene was odious and hateful to him.
"These loans have for their object the remedy for one of the gravest incidents in the life of a laborer—intermission of work. They shall therefore be granted only to those out of employment. But it remains to provide for the other cruel embarrassments which reach even those with employment. Often, the loss of one or two days, caused sometimes by fatigue, by the attention necessary to bestow on a wife or sick child, deprives the workman of his daily resources. Then he has recourse to the pawnbroker's, or to unlawful lenders of money, at an enormous rate of interest. Wishing, as much as possible, to lighten the burden of his brothers, the founder of the Bank of the Poor sets apart an income of twenty-five thousand francs a year, for the purpose of lending on pledges, not to exceed the amount of ten francs for each loan. The borrowers will pay neither cost nor interest, but they must prove that they follow an honorable profession, and produce a declaration from their employers which will prove their morality. At the end of two years, the articles which have not been redeemed will be sold, without costs; the proceeds arising from the surplus of this sale shall be placed, at five per cent. interest, to the profit of the owners. At the end of five years, if this sum shall not be reclaimed, it shall be added to the Bank of the Poor. The administration and the office of said bank shall be placed in the Rue du Temple, No. 17, in a house bought for this purpose, in the center of that most populous quarter. A revenue of ten thousand francs shall be appropriated to the expenses and to the administration of the Bank of the Poor, of which the director for life shall be—-"