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him, and until he could make his losses good by other operations. From time to time he was more fortunate; and whenever he dramatized himself in an explanation to the directors, as he often did, especially of late, he easily satisfied them as to the nature of his motives and the propriety of his behavior, by calling their attention to these successful deals, and to the probability, the entire probability, that he could be at any moment in a position to repay all he had borrowed of the company. He called it borrowing, and in his long habit of making himself these loans and returning them, he had come to have a sort of vague feeling that the company was privy to them; that it was almost an understood thing. The president's violence was the first intimation to reach him in the heart of his artificial consciousness that his action was at all in the line of those foolish peculators whose discovery and flight to Canada was the commonplace of every morning's paper; such a commonplace that he had been sensible of an effort in the papers to vary the tiresome repetition of the same old fact by some novel grace of wit, or some fresh picturesqueness in putting it. In the presence of the directors, he had refused to admit it to himself; but after they adjourned, and he was left alone, he realized the truth. He was like those fools, exactly like them, in what they had done, and in the way of doing it; he was like them in motive and principle. All of them had used others' money in speculation, expecting to replace it, and then had not been able to replace it, and then had skipped, as the newspapers said. Whether he should complete the parallel, and skip, too, was a point which he had not yet acknowledged to himself that he had decided. He never had believed that it need come to that; but, for an instant, when the president said he could wish him nothing better on his way home than a good railroad accident, it flashed upon him that one of the three alternatives before him was to skip. He had the choice to kill himself, which was supposed to be the gentlemanly way out of his difficulties, and would leave his family unstained by his crime; that matter had sometimes been discussed in his presence, and every one had agreed that it was the only thing for a gentleman to do after he had pilfered people of money he could not pay back. There was something else that a man of other instincts and weaker fibre might do, and that was to stand his
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