"Pardon me, M. le duc, but I have no time to waste in guessing riddles. So you refuse my offer?"

"Yes."

"One word more, M. le duc. I feel it my duty to warn you that to-night it will be too late,—in case you should change your mind,—for I have somebody else to put in your place. I will even admit that I thought of this other person first, but, upon reflection, I decided that you would have a much better chance of success than the other man. To make the match and get my one and a half per cent. is what I am after, so if you decline my offer, I shall return to my first combination."

"You are certainly a very cautious man, my dear baron, and it is a relief to know I shall not have the chagrin of seeing you lose, by reason of my refusal—for I still refuse—the honest gains you are endeavouring to secure by such honourable means. But are you not afraid that I may be so indiscreet as to noise your new industry abroad?"

"I should be only too delighted, M. le duc. Such a revelation would be a splendid advertisement for me, and bring me hosts of clients. Au revoir, then, M. le duc. I shall be none the less at your service another time."

With a low bow to Gerald, the baron left the room as cool and unconcerned as he had entered it, and wended his way towards the Rue de la Madeleine, where his friend, Mornand, lived.

"This dukeling, doubtless, suspected that Mlle. de Beaumesnil is the lady in question, and means to rob me of my profits by winning the prize without my assistance," the cynic said to himself as he walked along. "It is contemptible in him, but he hasn't got her yet, and he won't get her without a pretty hard fight, that is certain. But it is a great pity! The fellow is a duke, and handsome and clever, too. I was sure of success with him, and now I've got to fall back on that ass, Mornand. I was wise not to say anything about my intentions in relation to the Duc de Senneterre, to that old sneak, Rochaiguë. There was plenty of time to do that, if this handsome gosling responded to my call, as well as to take back all I had said in Mornand's favour, and give the necessary instructions to that old female rake of a Laîné, the governess. Whatever I want done, she will do, and she can be of incalculable assistance to me—self-interest will ensure her devotion and prudence. Fortunately, too, I have managed to get on the right side of Rochaiguë, so now I have nothing to do but state the case to Mornand, who must be waiting very impatiently to hear the result of my interview with the baron."

Pursuing this train of thought, M. de Ravil had reached the corner of the Rue Champs Élysées, where he had first met Herminie when the latter was on her way to the house of Madame de Beaumesnil.

"It was here I met that young girl on the day of Mornand's duel with the hunchback," Ravil said to himself. "She spent the night at the Hôtel de Beaumesnil, and the next day I ascertained from the servants that she was a singing teacher, and lived on the Rue de Monceau in the Batignolles. I've haunted that locality, but have never been able to catch a glimpse of her. Why the devil that pretty blonde took such a hold on me I can't imagine! If I had my percentage of the little Beaumesnil's dowry I would certainly gratify my fancy for that pretty musician, who carries herself like a duchess, in spite of her shabby attire. I am quite sure she wouldn't decline my offer of a neat little establishment, for she must be nearly starving on her music lessons. Now I must set to work to stir up Mornand. He is stupid, but perseveres when you once get him started. Rochaiguë is all right, so our chances are good."

And Ravil entered the abode of his intimate friend.