vision was
forthcoming and in securities that were rotten. One debt of
twenty-eight thousand francs was settled by the transfer of a lot of
old unsaleable literature, which would have been dear at a halfpenny
a volume. And then, when everything was in confusion--debtors
recalcitrant and creditors pressing--what must he do but launch on
another venture, buy the bankrupt stock of a type-founder, and start
manufacturing. A fresh partner, Laurent, was admitted into the firm in
December 1827, with a view to his exploiting the presumably auxiliary
branch; and a prospectus was issued vaunting a process of
type-founding, which Balzac was wrongly credited with having invented.
Within two months after this spurt, and while a fine album was in
preparation, which was to illustrate the firm's improved method,
Barbier withdrew from the partnership. His desertion would have at
once spelt disaster, if Madame de Berny had not boldly stepped into
the vacant place, with a power of attorney conferred on her by her
husband, and pledged her credit for nine thousand francs. During three
months longer, the tottering house continued to hold up; and then,
under the avalanche of writs and claims, it fell. A petition in
bankruptcy was filed in April, and the estate was placed in the hands
of an official receiver.
On reaching this crisis so big with consequences, Balzac had recourse
to his mother, who, though little disposed in the past to humour his
bent, consented now to every sacrifice in order to save his credit.
Her first step was to get her cousin Monsieur Sedillot to occupy
himself with the liquidation, she authorizing him at the same time to
make whatever arrangement he should judge best, and promising to
accept it. She was most anxious to spare her husband, at present
eighty-three years of age, the grief he must feel if informed of the
full extent of the disaster. Alas! notwithstanding her precautions,
the old man did learn the truth; and the shock hastened his end.
Within twelve months after the bankruptcy he met with a slight
accident, which, acting on his enfeebled constitution, was fatal to
him.
Balzac's liabilities, at the moment of the failure, were one hundred
and thirteen thousand francs. The effect of the liquidation was to
reduce the number of creditors, so that his indebtedness was
restricted to members of his own family and to Madame de Berny. The
latter's claims were partly met by her son's taking over the business
with
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