'I do know it,' she said very softly, looking at the little one's pink face sleeping in childish serenity.

'You do not know, you cannot know, everything. I have given bills for the money put aside for yearly payments; I have staked the thousand francs we put in the savings bank for Agnesina; I have robbed her of the money I gave her—her own money; I have failed to carry out my bargains commercially. Our correspondents have no confidence in my soundness; they will have no more to do with me; they send me no goods. You see the shop is getting empty; I have no ready money to fill it again. I have not even paid the insurance money; if the shop was burnt down to-morrow, I would not get a farthing. I am a bad payer. You do not know—you can't. I have tried for money everywhere in desperation; put myself in a money-lender's hands, mostly in Don Gennaro Parascandolo's, and they have eaten me up to the bone.'

'Did you borrow money from Agnesina's godfather?' Luisella exclaimed sadly, hiding her face in her hands.

'In money matters no relationship counts; money hardens all hearts. These debts are my shame and torment. A tradesman who takes money at eight per cent. a month is thought to be ruined, and they are right. Money-lending is dishonest both in the borrower and lender. What shall I do? The season is a very bad one for poor and rich; but even if it was a splendid one, the gains would not be enough even to pay the interest on my debts. Just think; it is a miracle that Cesare Fragalà, the head of the Fragalà house, has not yet been declared bankrupt, and a discreditable bankrupt; for a merchant cannot take creditors' money to stake on the lottery. It is theft, you understand, theft, and thieves go to the gallows. After reducing my family to wretchedness, I will take their honour from them by this hellish madness.'

Not able to bear his unhappiness any longer, he burst into sobs, choking and crying like a child. She, shaking with emotion, feeling in her heart a great pity for her husband and a great fear for the future, raised her head resolutely.

'There is no remedy, then?' she said, in her firm voice, like a good, loving woman.

'There is none,' he answered, opening his arms in a despairing way.

'We are on a precipice. I understand—I see it. But there must be some way of mending matters,' she reiterated obstinately, not willing to give in without a struggle.