his creditors the interest that was due on his loans. They did not ask him for it; and perhaps he forgot that it was slowly but surely accumulating, and that at the end of a certain number of years the amount of his indebtedness would be doubled. He never thought what the end would be. He became absolutely ignorant of the condition of his affairs, and really arrived at the conclusion that his resources were inexhaustible. He believed this until one day when on going to his lawyer for some money, that gentleman coldly said: “You requested me to obtain one hundred thousand francs for you, Monsieur le Marquis—but I have only been able to procure fifty thousand—here they are. And do not hope for more. All your real estate is encumbered beyond its value. Your creditors will probably leave you in undisturbed possession for another year—it will be to their interest—but when it has elapsed they will take possession of their own, as they have a perfect right to do.” Then, with a meaning smile, the smile of a wily prime minister, he added: “If I were in your place, Monsieur le Marquis, I would profit by this year of grace. You undoubtedly understand what I mean. I have the honor to wish you good-morning.” What an awakening—after a glorious dream that had lasted for ten years. M. de Valorsay was stunned—crushed. For three days he remained immured in his own room, obstinately refusing to receive any one. “The marquis is ill,” was his valet’s answer to every visitor. M. de Valorsay felt that he must have time to regain his mental equilibrium—to look his situation calmly in the face. It was a frightful one, for his ruin was complete, absolute. He could save nothing from the wreck. What was to become of him? What could he do? He set his wits to work; but he found that he was incapable of plying any kind of avocation. All the energy he had been endowed with by nature had been squandered—exhausted in pandering to his self-conceit. If he had been younger he might have turned soldier; but at his age he had not even this resource. Then it was that his notary’s smile recurred to his mind. “His advice was decidedly good,” he muttered. “All is not yet lost; one way of escape still remains—marriage.” And why, indeed, shouldn’t he marry, and marry a rich wife too? No one knew anything about his misfortune; for a year at least, he would retain all the advantages that wealth bestows upon its