"I wouldn't," said Waldemar, wilfully. "If I had money, I could find oblivion for my past, and hope for my future. If I had money, what loads of friends would open their purses for me to borrow the money they'd know I did not need. As it is, if I except poor Tom Bevan, who's as hard up as I am, and who's a good-hearted, single-minded fellow, and likes me, I believe I haven't a friend. Godolphin welcomes me as a companion, a bon vivant, a good card player; but if he heard I was in the Queen's Bench, or had shot myself, he'd say, 'Poor devil! I am not surprised,' as he lighted his pipe and forgot me a second after. So they would all. I don't blame them."

"But I do," cried Valérie, her cheeks burning; "they are wicked and heartless, and I hate them all. Oh! Count Waldemar, I would not do so. I would not desert you if all the world did!"

He smiled: he was accustomed to her passionate ebullitions. "Poor child, I believe you would be truer than the rest," he muttered, half aloud, as he rose hastily and took out his watch. "I must be in Downing Street by eleven, and it only wants ten minutes. If you will walk with me to the gates, I have something to tell you about your MS."


III.

"SCARLET AND WHITE" MAKES A HIT, AND FALKENSTEIN FEELS THE WEIGHT OF THE GOLDEN FETTERS.

"Tom, will you come to the theatre with me to-night?" said Falkenstein as they lounged by the rails one afternoon in May.

"The theatre! What for? Who's that girl with a scarlet tie, on that roan there? I don't know her face. The ballet is the only thing worth stirring a step for in town. Which theatre is it?"

"I am going to see the new piece Pomps and Vanities is bringing out, and I want you as a sort of claqueur."

"Very well. I'll come," said Tom, who regarded Falkenstein, who had been his school and formfellow, still rather as a Highlandman his chief; "but, certainly, the first night of a play is the very last I should select. But if you wish it—— There's that roan coming round again! Good action, hasn't it?"