"The only event that is publicly known is that, while the Peishwa has carried out his engagement with Scindia and with the Rajah of Berar, he refused to ratify any treaty with the Nizam; and the consequence is that the latter's general quitted Poona, without taking leave of Bajee Rao, and returned in great indignation to Hyderabad. This matter might have been smoothed over, if Scindia had intervened, or if the Peishwa had made suitable advances to the Nizam; but he has not done so. There is no doubt that he thoroughly dislikes Nana Furnuwees and, instead of being grateful to him for having placed him on the throne, he would gladly weaken his power. At any rate, it was Nana who formed the confederacy; and I know that his greatest wish is to keep it intact, and to secure peace to the country.
"Moreover, matters have been further complicated by the death of Holkar. He left two sons behind him, Khassee and Mulhar. Unfortunately, Khassee is next door to an imbecile; while Mulhar was a bold and able prince. The brothers quarrelled: two half brothers took the part of Mulhar, who left his brother's camp, with a small body of troops, and took up his abode at a village just outside the city--and was, I believe, favoured by Nana, whose interest naturally was to have an active and able prince, as ruler of Holkar's dominions. Scindia--who was, I suspect, delighted at this quarrel in Holkar's camp--supported Khassee, and sent a body of troops to arrest Mulhar, who, refusing to surrender, maintained a desperate defence, until he was killed. Jeswunt went to Nagpore and Wittoojee fled to Kolapoore, but they were almost the only adherents of Mulhar who effected their escape.
"So matters stand, at present. The fact that the imbecile Khassee owes his elevation to Scindia will, naturally, give the latter a predominating influence over him. Thus, you see, the confederacy has gone completely to pieces. The Nizam is estranged; the Rajah of Berar has gone home to Nagpore; Holkar's power is, for the time, subservient to Scindia; and Nana Furnuwees is, therefore, deprived of all those who aided to bring him back to power.
"You are well known to Nana, are you not?"
"Yes, Colonel, he was kind enough to place a good deal of confidence in me."
"Then I think you cannot do better than see him, to begin with, and gather his views on the matter. I myself have heard nothing from him, for some time. He knows that the Company are well disposed towards him; but he also knows that they can give him no assistance, in a sudden crisis."
"But surely, Colonel, Bajee Rao, who owes everything to him, will not desert him?"
"My opinion of the Peishwa is that he is a man without a spark of good feeling; that he has neither conscience nor gratitude, and would betray his own brother, if he thought that he would obtain any advantage by so doing. He is a born schemer, and his sole idea of politics is to play off one faction against another. I would rather take the word of a man of the lowest class, than the oath of Bajee Rao."
"I am sorry to hear it, sir. He seemed to me to be a fine fellow, with many accomplishments. His handsome face and figure, and winning manner--"
"His manner is part of his stock in trade," the colonel said, angrily. "He is a born actor; and can deceive, for a time, even those who are perfectly aware of his unscrupulous character.