three years. "Freilich," returned the crooked shoemaker, "but he was used to laugh loud enough ten years ago. I can remember when he first moved in there, and his corps-fellows locked him in his room for a jest, and stood mocking in the street. And he climbed right down the woodwork and stepped on the signboard of the baker and jumped into the street, laughing all the while, though they were holding in their breath for fear he should break his neck. Ja, he was a right student; but he is changed now—the much reading, lieber Blech, the much reading." And the old fellow looked after Claudius as he disappeared into the dark doorway. The Doctor mounted his three flights with even tread, and, turning up his light, proceeded leisurely to eat his twisted rolls and sausages. When he had done that, he took the great stone jug in his hand, as if it had been a wine-glass, and set it to his lips and drank a long draught. The result of his cogitations, assisted by the soothing influence of supper, was to be foreseen. In the first place, he reflected that the problem was itself a myth. No one could require of him that he should use his money unless he liked. He might let it accumulate without any trouble to himself; and then, why should he tell any one of his inheritance? Surely he might go on living as he was living now for an indefinite period, and nobody would be the wiser. Besides, it would be a novel sensation to feel that while living like a simple student he possessed a great power, put away, as it were, on the shelf, whereby he could, if he liked, at any moment astonish the whole country. Very novel, indeed, and considering the importance of the question of the disposal of his income, he could well afford to give it six months' consideration. And he might move undisturbed about the University and eat his supper with Dr. Wiener and Dr. Wurst without being the object of general interest, which he would at once become if it were known that he, a simple privat-docent, with his decent black coat and his twice-mended shoes, was the richest man in the Grand Duchy of Baden. These reflections of Dr. Claudius, strange as they must seem in the eyes of men of the world, were only what were to be expected from a man of his education and character. He had travelled after a fashion, it is true, and had frequented society when he was younger; for the Heidelberg student is a lover of the dance, and many of the wild young burschen become the brilliant officers of the crack regiments of the first army in the world. He had been in Paris and Vienna and Rome for a few weeks, and, being of a good family in the