ther's.
Can't you distinguish a pale figure standing there, quite motionless?"

* Fennel-root, eaten raw, a favourite "appetiser" in Rome during
the spring and autumn.--Trans.

The young man began to laugh. "Oh! well," said he, "it must be the Holy
Father in person. You are so anxious to see him that your very anxiety
conjures him into your presence."

"But I assure you," repeated Pierre, "that he is over there behind the
window-pane. There is a white figure looking this way."

Narcisse, who was very hungry, began to eat whilst still indulging in
banter. All at once, however, he exclaimed: "Well, my dear Abbe, as the
Pope is looking at us, this is the moment to speak of him. I promised to
tell you how he sunk several millions of St. Peter's Patrimony in the
frightful financial crisis of which you have just seen the ruins; and,
indeed, your visit to the new district of the castle fields would not be
complete without this story by way of appendix."

Thereupon, without losing a mouthful, Narcisse spoke at considerable
length. At the death of Pius IX the Patrimony of St. Peter, it seemed,
had exceeded twenty millions of francs. Cardinal Antonelli, who
speculated, and whose ventures were usually successful, had for a long
time left a part of this money with the Rothschilds and a part in the
hands of different nuncios, who turned it to profit abroad. After
Antonelli's death, however, his successor, Cardinal Simeoni, withdrew the
money from the nuncios to invest it at Rome; and Leo XIII on his
accession entrusted the administration of the Patrimony to a commission
of cardinals, of which Monsignor Folchi was appointed secretary. This
prelate, who for twelve years played such an important _role_, was the
son of an employee of the Dataria, who, thanks to skilful financial
operations, had left a fortune of a million francs. Monsignor Folchi
inherited his father's cleverness, and revealed himself to be a financier
of the first rank in such wise that the commission gradually relinquished
its powers to him, letting him act exactly as he pleased and contenting
itself with approving the reports which he laid before it at each
meeting. The Patrimony, however, yielded scarcely more than a million
francs per annum, and, as the expenditure amounted to seven millions, six
had to be found. Accordingly, from that other source of income, the
Peter's Pence, the Pope annually gave three million francs to Monsignor
Folchi, who, by skil