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let her pen run on, glorifying a family in whose bosom she fancied she had been born. From time to time were enclosed with Elena's effusions brief, crisp notes directed to Desnoyers. The brother-in-law continued giving an account of his operations the same as when living on the ranch under his protection. But with this deference was now mixed a badly concealed pride, an evident desire to retaliate for his times of voluntary humiliation. Everything that he was doing was grand and glorious. He had invested his millions in the industrial enterprises of modern Germany. He was stockholder of munition factories as big as towns, and of navigation companies launching a ship every half year. The Emperor was interesting himself in these works, looking benevolently on all those who wished to aid him. Besides this, Karl was buying land. At first sight, it seemed foolish to have sold the fertile fields of their inheritance in order to acquire sandy Prussian wastes that yielded only to much artificial fertilizing; but by becoming a land owner, he now belonged to the "Agrarian Party," the aristocratic and conservative group par excellence, and thus he was living in two different but equally distinguished worlds--that of the great industrial friends of the Emperor, and that of the Junkers, knights of the countryside, guardians of the old traditions and the supply-source of the officials of the King of Prussia. On hearing of these social strides, Desnoyers could not but think of the pecuniary sacrifices which they must represent. He knew Karl's past, for on the ranch, under an impulse of gratitude, the German had one day revealed to the Frenchman the cause of his coming to America. He was a former officer in the German army, but the desire of living ostentatiously without other resources than his salary, had dragged him into committing such reprehensible acts as abstracting funds belonging to the regiment, incurring debts of honor and paying for them with forged signatures. These crimes had not been officially prosecuted through consideration of his father's memory, but the members of his division had submitted him to a tribunal of honor. His brothers and friends had advised him to shoot himself as the only remedy; but he loved life and had fled to South America where, in spite of humiliations, he had finally triumphed. Wealth effaces the spots of the past even more rapidly than Time. The news of his fortune on the other side of
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