Madame Natalie's stormy past has taught her to trust no one. It is her rule from the first that no one shall see Isabel Valois, the pet of the Sacred Heart Convent, but herself. Little remains in a month or two, with either child, of its cradle memories. The months spent by the two girls in mastering a new language are final extinguishers of the past.

Without undue affectation of piety, Madame de Santos gives liberally. The good nuns strive to fit the young heiress for her dazzling future.

Keenly curious of the dangers of the situation, Natalie writes Hardin that she has sent her own child away to a country institution, to prevent awkward inquiry. As months roll on, drawn in by the whirlpool of pleasure, Natalie de Santos' letters become brief. They are only statements of affairs to her absent "financial agent."

Hardin's letters are acknowledgments of satisfactory news, and directions regarding the education of the child. He does not refer to the future of the woman who ruled his home so long. No tenderness for his own child appears. He is engrossed in BUSINESS, and she in PLEASURE. Avarice is the gentlemanly passion of his later years. "Royal days of every pleasure" for the brilliant woman; she, ambitious and self-reliant, lives only for the happy moments.

And yet, as Natalie de Santos sweeps from palace ball or the opera, she frames plans as to the future control of Hardin. To keep the child he fears, where his agency can reach her, is her aim. To place the child he would ignore, where millions will surround her, is her ambition. With Marie Berard as friend, confidante, agent, and spy, she can keep these two children apart. Hortense Duval and Natalie Santos can defy the world.

Distrust of Hardin always burns in her breast. Will he dare to attempt her life; to cut off her income; to betray her? When the work of years is reflected in her own child's graces and charms, will the man now aging ever give its mother the name of wife? Her fears belie her hopes.

She must guard her own child, and conceal the other. He may live and work out his schemes. If he acts well, she will be ready to meet him. If not, the same.

But she has sworn in her heart of hearts, the orphan shall live. If necessary to produce her, she alone knows her hiding place. If fortune favors, the properties shall descend to her own child.

The year 1865 opens with the maddest gaieties. Though France is drained of men and treasure for a foolish war in Mexico, glittering streets, rich salons, mad merry-makings and imperial splendor do not warn gay Lutetia she is tottering toward the dawning war-days of gloom. The French are drunk with pleasure.

Marie Berard has now a nice little fund of ringing napoleons securely invested, and that hoard is growing monthly. Natalie de Santos gives freely, amply. The maid bides her time for a great demand. She can wait.