"He knows a lot, I assure you. He is an able man."

On another occasion Regimbart spread over his desk papers relating to the kaolin mines in Brittany. Arnoux referred to his own experience on the subject.

Frederick showed himself more ceremonious towards Regimbart, going so far as to invite him from time to time to take a glass of absinthe; and, although he considered him a stupid man, he often remained a full hour in his company solely because he was Jacques Arnoux's friend.

After pushing forward some contemporary masters in the early portions of their career, the picture-dealer, a man of progressive ideas, had tried, while clinging to his artistic ways, to extend his pecuniary profits. His object was to emancipate the fine arts, to get the sublime at a cheap rate. Over every industry associated with Parisian luxury he exercised an influence which proved fortunate with respect to little things, but fatal with respect to great things. With his mania for pandering to public opinion, he made clever artists swerve from their true path, corrupted the strong, exhausted the weak, and got distinction for those of mediocre talent; he set them up with the assistance of his connections and of his magazine. Tyros in painting were ambitious of seeing their works in his shop-window, and upholsterers brought specimens of furniture to his house. Frederick regarded him, at the same time, as a millionaire, as a dilettante, and as a man of action. However, he found many things that filled him with astonishment, for my lord Arnoux was rather sly in his commercial transactions.

He received from the very heart of Germany or of Italy a picture purchased in Paris for fifteen hundred francs, and, exhibiting an invoice that brought the price up to four thousand, sold it over again through complaisance for three thousand five hundred. One of his usual tricks with painters was to exact as a drink-allowance an abatement in the purchase-money of their pictures, under the pretence that he would bring out an engraving of it. He always, when selling such pictures, made a profit by the abatement; but the engraving never appeared. To those who complained that he had taken an advantage of them, he would reply by a slap on the stomach. Generous in other ways, he squandered money on cigars for his acquaintances, "thee'd" and "thou'd" persons who were unknown, displayed enthusiasm about a work or a man; and, after that, sticking to his opinion, and, regardless of consequences, spared no expense in journeys, correspondence, and advertising. He looked upon himself as very upright, and, yielding to an irresistible impulse to unbosom himself, ingenuously told his friends about certain indelicate acts of which he had been guilty. Once, in order to annoy a member of his own trade who inaugurated another art journal with a big banquet, he asked Frederick to write, under his own eyes, a little before the hour fixed for the entertainment, letters to the guests recalling the invitations.

"This impugns nobody's honour, do you understand?"

And the young man did not dare to refuse the service.

Next day, on entering with Hussonnet M. Arnoux's office, Frederick saw through the door (the one opening on the staircase) the hem of a lady's dress disappearing.

"A thousand pardons!" said Hussonnet. "If I had known that there were women——"

"Oh! as for that one, she is my own," replied Arnoux. "She just came in to pay me a visit as she was passing."