“Stake again, stake again—eight thousand at a stroke!”

“I cannot, Madame. The largest stake allowed is four thousand gülden.”

“Well, then; stake four thousand.”

This time we won, and the Grandmother recovered herself a little.

“You see, you see!” she exclaimed as she nudged me. “Stake another four thousand.”

I did so, and lost. Again, and yet again, we lost. “Madame, your twelve thousand gülden are now gone,” at length I reported.

“I see they are,” she replied with, as it were, the calmness of despair. “I see they are,” she muttered again as she gazed straight in front of her, like a person lost in thought. “Ah well, I do not mean to rest until I have staked another four thousand.”

“But you have no money with which to do it, Madame. In this satchel I can see only a few five percent bonds and some transfers—no actual cash.”

“And in the purse?”

“A mere trifle.”