“You mean ladies, I suppose?” asked the old man with a wink.

Smolin’s cheeks and neck became red with the colour which leaped to his face. With apologetic eyes he glanced at Lubov, and said to her father drily:

“I mean the theatre, books, music.”

Lubov became radiant with joy at his words.

The old man looked askance at the worthy young man, smiled keenly and suddenly blurted out:

“Eh, life is going onward! Formerly the dog used to relish a crust, now the pug dog finds the cream too thin; pardon me for my sour remark, but it is very much to the point. It does not exactly refer to yourself, but in general.”

Lubov turned pale and looked at Smolin with fright. He was calm, scrutinising an ancient salt box, decorated with enamel; he twisted his moustache and looked as though he had not heard the old man’s words. But his eyes grew darker, and his lips were compressed very tightly, and his clean-shaven chin obstinately projected forward.

“And so, my future leading manufacturer,” said Mayakin, as though nothing had happened, “three hundred thousand roubles, and your business will flash up like a fire?”

“And within a year and a half I shall send out the first lot of goods, which will be eagerly sought for,” said Smolin, simply, with unshakable confidence, and he eyed the old man with a cold and firm look.

“So be it; the firm of Smolin and Mayakin, and that’s all? So. Only it seems rather late for me to start a new business, doesn’t it? I presume the grave has long been prepared for me; what do you think of it?”