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rs. Cayrol had thought of postponing the party, but was afraid of rousing anxieties, and like an actor who, though he has just lost his father, must play the following day, so Cayrol gave his party and showed a smiling face, so as to prevent harm to his business. Matters had taken a turn for the worse during the last three days. The bold stroke, to carry out which Herzog had gone to London so as to be more secret, had been got wind of. The fall of the shares had not taken place. Working with considerable sums of money, the loss on the difference was as great as the gains would have been. The shares belonging to the European Credit Company had defrayed the cost of the game. It was a disaster. Cayrol, in his anxiety, had applied for the scrip and had only found the receipt given to the cashier. Although the transaction was most irregular, Cayrol had not said anything; but, utterly cast down, had gone to Madame Desvarennes to tell her of the fact. The Prince was in bed, pretending to be ill. His wife, happily ignorant of all that was going on, rejoiced secretly at his indisposition because she was allowed to nurse him and have him all to herself. Panine, alarmed at the check they had experienced, was expecting Herzog with feverish impatience, and to keep out of sight had chosen the privacy of his own room. Still, Cayrol had been allowed to see him, and with great circumspection told him that his non-appearance at the same time that Herzog was absent was most fatal for the Universal Credit Company. It was absolutely necessary that he should be seen in public. He must come to his party, and appear with a calm face. Serge promised to come, and had imposed on Micheline the heavy task of accompanying him to Jeanne's. It was the first time since her return from Nice that she had entered the house of her husband's mistress. The concert was over, and a crowd of guests were coming from the large drawing-room to the boudoir and little drawing-room. "The symphony is over. Ouf!" said Savinien, yawning. "You don't like music?" asked Marechal, with a laugh. "Yes, military music. But two hours of Schumann and Mendelssohn at high pressure is too much for one man. But I say, Marechal, what do you think of Mademoiselle Herzog's being at Cayrol's soiree. It is a little too strong." "How so?" "Why, the father has bolted, and the daughter is preparing a dance. Each has a different way of using their feet." "Very pretty,
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