"Then you really know of none?" said the baron, secretly hoping that he did.

"I know of none," was the positive reply; "but if you wish, I can inquire; there are always some to be had. Your lawyer can tell you what he would consider good security; only you would have to pay down the sum total in case you procured it from him, whereas, if you could get one from a commercial man, you might make a profit of some thousands."

Now this profit was a most important point to the baron, and his mind was made up to realize it if possible. But he only said, "There is no hurry; should you hear of any thing desirable, you can let me know."

"I will do all I can," was the cautious reply; "but it will be well that the baron should also make inquiries himself, for I am not accustomed to deal in mortgages."

If this assertion were not strictly true, it was, at all events, politic, for the cool indifference of the tradesman increased the baron's confidence in him tenfold. The following day he went to town, and had a consultation with his lawyer, who strongly advised him to give up the idea of making any such profit as he contemplated, because such a mortgage would infallibly prove insecure. But this good advice only confirmed the baron in his intention of taking his own way in the matter.

A few days later, a tall stout man, with a shining red face, called upon the baron—a Mr. Pinkus, from the capital. He had heard, he said, that the baron wished to invest, and he knew of a remarkably safe and desirable mortgage, on a large property in the neighboring province, belonging to the rich Count Zaminsky, who lived abroad. This property had every possible advantage, including two thousand acres of magnificent natural wood. The mortgage was at present in Count Zaminsky's own hands. It was possible, Pinkus mysteriously hinted, to purchase it for ninety per cent.; in other words, for thirty-six thousand dollars. Certainly, it was a pity that the property lay in another province, where agriculturists had many primitive peculiarities. But it was only six miles from the frontier—the neighboring town was on the high road—the estate was princely. In short, the drawbacks were so small, and the advantages so great, that Pinkus never could have made up his mind to let a stranger purchase it, had he not been such an example of human perfection as the baron.

The baron received the compliment in a dignified manner, and before his departure Pinkus laid down a heavy roll of parchment, that the question of the security might be carefully investigated.

Early the next morning the baron took the deeds to his man of business, and himself ascended the dirty staircase that led to the white door of Ehrenthal, who was overjoyed to hear of his visit—dressed himself with the utmost rapidity, and insisted upon the baron doing him the infinite honor of breakfasting with him. The baron was not cruel enough to refuse, and accordingly he was ushered into the state apartment, where the contrast between splendor and shabbiness amused him not a little, as did also that between the gorgeous attire of the beautiful Rosalie, and the sneaking, crouching manner of her father.

During breakfast the baron asked Ehrenthal whether he happened to know a Mr. Pinkus.

At this business-like inquiry Rosalie vanished, and her father sat bolt upright. "Yes, I do know him," said he; "he is in a very small way, but I believe him an upright man. He is in a very small way, and all his business is with Poland."