"H'm!" The father put his cigar between his lips and puffed forth a cloud of smoke to float upward to the ceiling. "I think you lost at baccarat to-night," he remarked.

"Yes."

"Much?"

"More than I can pay at present," Lato replied, with a weary smile.

"As if that were of any moment!" Count Hans consoled him. "I am at your service, and am, besides, your debtor."

"But, father----"

"Yes, yes, I tell you it is so. I am your debtor. Do you think I forget it? Indeed I do not. I am sorry that I cannot help it; but 'tis the fault of circumstances. The estates yield absolutely nothing; they require money enough, but when it comes to looking for any return I look in vain. No one who has not tried it knows what a sinking-fund land is. It cannot go on thus; we must make a fundamental effort, or we shall be ruined!"

"Yes, father," Lato murmured, "we must be in earnest, instead of enjoying ourselves thoughtlessly and with a dread of work. We have lost our force; we have been faithless to our principles; we must begin a new existence, you and I." As he uttered these high-sounding words, Lato had the unpleasant sensation of repeating something learned by rote; the big phrases confused him; he was embarrassed by the consciousness of his father's too ready satire. He looked up at him, but the old Count did not seem to have heard him. This was a relief; he sighed, and was silent. Suddenly the red dress fluttered before his eyes again.

Count Hans raised his head, and murmured, "She looked very lovely this evening."

"Who?" asked Lato, slowly. He did not need to ask; he knew that his father had shared his thoughts. He was terribly startled. Something seemed to be crumbling away which he had believed would always stand firm.