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Money by Émile Zola


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Chapter XI



RUIN

That same evening Madame Caroline, in her fright, telegraphed to her brother, who was to have remained at Rome another week; and three days later, hastening to the scene of danger, Hamelin arrived in Paris.

There was a violent explanation between Saccard and the engineer in that work-room in the Rue Saint-Lazare, where, in other days, the enterprise had been discussed and decided upon with so much enthusiasm. During the three days which had just elapsed the smash-up at the Bourse had become more and more complete. Fall following fall in rapid succession, Universals had now dropped to four hundred and thirty francs—seventy francs below par; and the decline was continuing; the whole fabric was fast cracking and crumbling away.

Whilst her brother and Saccard talked, Madame Caroline listened in silence, resolved not to intervene. She was full of remorse, for she accused herself of complicity, since it was she who, after promising to watch, had let everything go on. Instead of contenting herself with simply selling her shares in order to combat the rise, ought she not to have taken some other course—warned people, acted energetically? Worshipping her brother as she did, her heart bled at seeing him compromised in this fashion, with all his great enterprises shaken, the whole work of his life again in question; and she suffered the more since she did not feel herself free to judge Saccard; for had she not loved him, was she not his, linked to him by that secret bond, the shame of which she now felt more than ever? Placed between these two men, a combat raged within her and rent her heart. On the evening of the catastrophe, in a fine outburst of frankness, she had heaped her wrath upon Saccard, emptying her heart of all the reproaches and fears which had so long been swelling it. However, on seeing him smile, still tenacious, still unconquered despite everything, she had reflected that, after her own weakness with him, she had no right to finish him off, to strike him now that he was down. She thought, too, of the strength which he would need to set himself erect again, and so, taking refuge in silence, her demeanour alone giving expression to her blame, she resolved that she would henceforward be nothing but a witness.

However, Hamelin this time became angry, he who was usually so conciliatory, without interest in anything that was not part of his work. He attacked gambling with extreme violence; ‘the Universal,’ said he, ‘had succumbed to the mania for gambling—gambling carried to the point of absolute madness.’ Undoubtedly he was not one of those who pretended that a bank could allow its stock to fall in price, like a railway company, for instance. The railway company has its immense plant, which brings in its receipts, whereas the real plant of a bank is its credit; so it finds itself at death’s door as soon as its credit totters. Only there was a question of moderation in all this. Though it might have been necessary and even wise to maintain the quotation at two thousand francs, it was madness and utter criminality to push it further, to try to raise it to three thousand and more. Immediately on his arrival, Hamelin had demanded the truth, the whole truth. They could no longer lie to him now, and declare to him, as he had allowed them to declare in his presence at the last shareholders’ meeting, that the Bank did not possess a single one of its shares. The books were there and he easily penetrated the lies they contained. He knew, for instance, that the Sabatani account concealed operations carried on by the Bank itself; and in this account, month by month, over a period of two years, he could trace the progress of Saccard’s fatal fever. At first things had been done in a timid way, prudence had been displayed in the purchases, but at last these had become larger and larger, till they had finally reached the enormous figure of twenty-seven thousand shares costing nearly forty-eight millions of francs. Was it not madness, impudent, derisive folly, that transactions of such magnitude should be entered to the account of a Sabatani? And this Sabatani was not the only one; there were other men of straw—employees of the Bank, directors even—whose purchases, entered as carried over, exceeded twenty thousand shares, also representing nearly forty-eight millions of francs. And, moreover, all these were only the completed purchases, to which must be added the time bargains, effected during the last fortnight of January; sixty-seven millions of francs expended on more than twenty thousand shares, delivery of which the Universal had to accept; to say nothing of ten thousand other shares bought at the Lyons Bourse, making another twenty-four millions. And, adding everything together, it was seen that the Bank now had in hand nearly one-fourth of the shares which it had issued, and that it had paid for these shares the frightful sum of two hundred millions. There was the abyss in which it had been swallowed up.

Tears of grief and anger had risen to Hamelin’s eyes. To think that this should have happened when he had just so auspiciously laid at Rome the foundations of his great Catholic bank, that Treasury of the Holy Sepulchre which, in the approaching days of persecution, would enable the Pope to be regally installed at Jerusalem, amid the legendary glory of the Holy Places—a bank destined to set the new Kingdom of Palestine beyond the reach of political disturbances, by basing its revenue, guaranteed by the resources of the country, on a series of issues which the Christians of the whole world would vie in taking up! And all this collapsed at one stroke through the imbecile madness of gambling! He had gone away leaving an admirable balance-sheet, coffers full of money, a Bank enjoying such great and speedy prosperity that it was the wonder of the world; and, less than a month afterwards, when he came back, the millions had melted away, the Bank was prostrate, reduced to dust, and there was nothing but a black hole, in which a conflagration seemed to have raged. His stupefaction increased; he violently demanded explanations, wished to understand what mysterious force it was that had driven Saccard to wage this relentless warfare upon the colossal edifice which he had built so as to destroy it, stone by stone, on the one hand, while he pretended to finish it upon the other.

Saccard answered very frankly, and without anger. After the first hours of emotion and annihilation, he had recovered his self-possession, and was again erect and firm, buoyed up by his indomitable hopes. Treachery had rendered the catastrophe a terrible one, but nothing was lost; he was going to retrieve everything. And besides, if the Universal had enjoyed such swift and great prosperity, had it not owed it to the very methods with which they now reproached him—to the creation of the syndicate, the successive increases of the capital, the advance balance-sheet of the last shareholders’ meeting, the shares which the Bank retained in hand, and those which had been so wildly purchased en masse later on? All these things were connected. If they accepted the success, the risks must be accepted also. When a machine is overheated it bursts. For the rest, he would acknowledge no culpability; he had simply done, more intelligently and vigorously than another, that which every bank manager does; and he did not even abandon his idea of genius—his giant idea of repurchasing all the shares and dethroning Gundermann. Money had been lacking, that was all. And now they must begin over again. A special shareholders’ meeting had just been summoned for the following Monday; he was absolutely certain of his shareholders, he said; he would obtain from them the sacrifices that were indispensable, for he was convinced that, at a word from him, they would all bring their fortunes. In the meantime they could jog on, thanks to the small sums which the other financial houses, the great banks, advanced every morning for the pressing needs of the day, through fear of too sudden a crash, which would have shaken them also. The crisis over, all would be resumed, and the enterprise would again become as resplendent as ever.

‘But,’ objected Hamelin, whom this smiling tranquillity already calmed, ‘do you not detect in this help supplied by our rivals a design of securing themselves first of all, and then rendering our fall more complete by delaying it? What worries me is to see Gundermann’s hand in the business.’

In fact, in order to avert an immediate declaration of bankruptcy, Gundermann had been one of the first to offer help, in this wise displaying the practical sense of a man who, after setting fire to his neighbour’s house, hastens to bring buckets of water, so that the entire neighbourhood may not be destroyed. He was above resentment; he had no other glory than that of being the first money-merchant of the world, the richest and the most shrewd, through having succeeded in sacrificing all his passions to the continuous increase of his fortune.

Saccard made a gesture of impatience, exasperated as he was by this proof which the conqueror gave of his sagacity and intelligence. ‘Oh, Gundermann,’ he said, ‘is playing the high-minded man; he thinks that he stabs me with his generosity.’

A silence ensued, and it was Madame Caroline, hitherto dumb, who at last broke it. ‘My friend,’ said she, addressing Saccard, ‘I have allowed my brother to speak to you, as he was bound to speak, in the legitimate grief which he felt on learning of all these deplorable things. But our situation, his and mine, seems to me clear; it seems impossible, does it not, that he should be compromised if the affair altogether turns out disastrously? You know at what price I sold our shares. People cannot say that my brother stimulated the rise in order to get a larger profit from his shares. And besides, if the catastrophe comes, we shall know our duty. I confess that I do not share your stubborn hopes. Nevertheless, you are right in contending that it is necessary to struggle on till the last moment, and it is not my brother who will discourage you, you may be sure of it.

She was agitated, again harbouring a tolerant feeling towards this man who displayed such stubborn determination. However, she was unwilling that others should perceive her weakness, for she could no longer blind herself to the hateful work which he would assuredly do over again should he have the chance, swayed as he was by the thieving passions of an unscrupulous corsair.

‘Certainly,’ declared Hamelin, in his turn weary and unable to resist any further. ‘I am not going to paralyse you, when you are fighting to save us all. Rely on me, if I can be useful to you.’

And once more, at this last hour, when threatened by the most frightful dangers, Saccard reassured them, reconquered them, taking leave of them with these words, full of promise and mystery: ‘Sleep easy. I cannot say more, but I am absolutely certain of setting everything afloat again before another week is over.’

This phrase, which he did not explain, he repeated to all the friends of the concern, to all the customers who, frightened, terrified, came to ask him for advice. For three days past there had been a continuous gallop through his office in the Rue de Londres. The Beauvilliers, the Maugendres, Sédille, Dejoie, all hastened to apply to him. He received them very calmly, with a military air, with ringing words which restored courage to their hearts; and when they talked of selling, of realising at a loss, he became angry, and shouted to them to do nothing so stupid, promising upon his honour that he would again secure the quotation of two thousand and even three thousand francs. In spite of the mistakes that had been made, they all retained a blind faith in him: if he were left to them, free to rob them again, he would clear up everything, and finally enrich them all, as he had sworn to do. If no accident should happen before Monday, if he were given time to hold the special shareholders’ meeting, no one doubted that he would bring the Universal safe and sound out of its ruins.

Saccard had thought of his brother Rougon, and this was the omnipotent aid of which he spoke, unwilling to be more explicit. Having met Daigremont, the traitor, face to face, and bitterly reproached him, he had merely obtained from him this reply: ‘But, my dear fellow, it is not I who have dropped you; it is your brother!’ Evidently this man was in his right; he had gone into the affair solely on condition that Rougon should be in it; they had formally promised him Rougon; so it was not astonishing that he should retire, since the Minister, far from being in it, was at open war with the Universal and its manager. This was at least an excuse to which there was no reply. Greatly struck by it, Saccard realised what a colossal mistake he had made in thus falling out with his brother, who alone could defend him, make him so far sacred that no one, knowing the great man to be behind him, would dare to complete his ruin. And never had his pride been so severely tried as when he had to make up his mind to ask Deputy Huret to intervene in his favour. For the rest, he maintained a threatening attitude, absolutely refused to abscond, and claimed as a right the help of Rougon, who had more interest than he in preventing a scandal. The next day, whilst awaiting Huret’s promised visit on the matter, he simply received a note, in which he was told in vague terms not to be impatient, but to rely upon a satisfactory issue, if subsequent circumstances should not make it impossible. He contented himself with these few lines, which he regarded as a promise of neutrality.

The truth was, however, that Rougon had just taken the energetic resolution to get rid of this gangrened member of his family, who for years had been embarrassing him, keeping him in perpetual fear of some unclean misadventure, and whom he now preferred to cut off at a blow. If the catastrophe came, he was determined to let things take their course. Since Saccard would never voluntarily consent to go into exile, was not the simplest plan to force him to expatriate himself by facilitating his flight after some severe sentence? A sudden scandal, a sweep of the broom, and all would be ended. Moreover, the Minister’s position was becoming difficult since he had declared to the Corps Législatif, in a memorable outburst of eloquence, that France would never allow Italy to take possession of Rome. Loudly applauded by the Catholics, severely attacked by the Third Estate, which was becoming more and more powerful, Rougon saw the hour approaching when the latter, aided by the Liberal Bonapartists, would drive him from power if he did not give it a guarantee. And the guarantee, if circumstances required it, should be the abandonment of that Universal Bank which, under the patronage of Rome, had become a disturbing force. Finally, what clinched his decision was a secret communication from his colleague, the Minister of Finances, who, on the point of launching a loan, had found Gundermann and all the other Jew bankers very reserved, and disposed to refuse their capital so long as the market should remain uncertain, at the mercy of adventurers. Gundermann triumphed. Better the Jews, with their accepted sovereignty of gold, than the Ultramontane Catholics masters of the world as they would be should they become the kings of the Bourse.

It was subsequently related that, when the Keeper of the Seals, Delcambre, relentless in his rancour against Saccard, had sounded Rougon as to the course to be pursued with regard to his brother should justice be obliged to intervene, he had by way of answer simply received this heartfelt cry: ‘Ah! Rid me of him, and I shall owe you a debt of gratitude!’

From that moment, Rougon having abandoned him, Saccard was lost. Delcambre, who had been watching him ever since attaining power, at last held him on the margin of the Code, on the very edge of the judicial net, and had only to find a pretext to set the gendarmes and judges upon him.

One morning, Busch, furious with himself at not having yet acted, repaired to the Palais de Justice. If he did not make haste, he would never get from Saccard the four thousand francs which were still due to La Méchain on little Victor’s famous bill of expenses. Busch’s plan was simply to raise an abominable scandal by accusing Saccard of sequestrating the child, which would permit him to spread the whole dirty story before the world. Such a prosecution instituted against the manager of the Universal, amid the excitement created by the crisis through which the Bank was passing, would certainly stir all Paris; and Busch still hoped that Saccard would pay at the first threat. But the Deputy Public Prosecutor, who received him, a nephew of Delcambre, listened to his story with an impatient, wearied air. No! no! there was nothing to be accomplished with such gossip as that; it did not come under any clause of the Code. Disconcerted, Busch grew angry, and talked of his long patience, saying that he had even carried his good nature towards Saccard so far as to deposit funds en report with the Universal. Thereupon the other at once interrupted him. What! he had funds in that concern, which was certainly insolvent, and he did not act? Nothing was more simple; he had only to prefer a charge of swindling, for justice had been warned of the fraudulent transactions which were about to bring on bankruptcy. The great blow was to be dealt by means of this charge, not of the other story, that melodramatic affair of a girl who had died of alcoholism, and of a child who had grown up in the gutter. Busch listened with an attentive, serious face, turned into this new path, dragged into an act which he had not come to perform, but the decisive consequences of which he could clearly foresee, for Saccard would be arrested, and the Universal would receive its death-blow. The mere fear of losing his money would have at once made him make up his mind. Moreover, a disaster was in his line, for it would give him an opportunity to fish in troubled waters. Nevertheless he hesitated, said that he would reflect and would come back; and the Deputy Public Prosecutor actually had to force the pen into his hand, and then and there make him write down that charge of swindling, which, as soon as he had been dismissed, was carried by the zealous official to his uncle, the Keeper of the Seals. The affair was clinched.

The next day, at the office of the Bank in the Rue de Londres, Saccard had a long interview with the auditors and the judicially appointed manager, in order to draw up the balance-sheet which he desired to present to the shareholders’ meeting. In spite of the sums advanced by other financial establishments, they had had to suspend payment, in view of the increasing demands made upon them. This bank, which, a month previously, had possessed nearly two hundred million francs in its coffers, had not been able to pay its distracted customers more than a few hundred thousand francs. Bankruptcy had been officially declared by a judgment of the Tribunal of Commerce, after a summary report rendered by an expert who had been charged with an examination of the books. In spite of everything, however, Saccard, seemingly unconscious, still promised to save the situation, evincing an extraordinary amount of blind hopefulness and obstinate bravery. And on that very day he was awaiting a reply from the stockbrokers’ association, with regard to the fixing of a rate of compensation, when his usher entered to tell him that three gentlemen wished to see him in an adjoining room. Perhaps this was salvation; he rushed out gaily, and found a commissary of police awaiting him, accompanied by two officers, by whom he was immediately arrested. The warrant had just been issued, partly on the strength of the expert’s report, which pointed to irregularities in the accounts, but more particularly owing to the charge of abuse of confidence preferred by Busch, who pretended that the funds which he had entrusted to the Universal to be carried forward had been otherwise disposed of.

At the same hour, moreover, Hamelin also was arrested at his residence in the Rue Saint-Lazare. Every hatred and every mischance seemed to have combined, as though implacably bent upon securing the Bank’s destruction, and at last the end had come. The specially convened meeting of shareholders could no longer be held; the Universal Bank had lived.

Madame Caroline was not at home at the time of the arrest of her brother, who could only leave a few hastily written lines for her. When she returned and learnt what had happened she was stupefied. She had never believed that they would for a moment even think of prosecuting him, for in her mind his long periods of absence showed that he could have taken no part in Saccard’s shady transactions. On the day after the bankruptcy, both he and she had stripped themselves of all that they possessed, in order to swell the assets, and to emerge from this adventure as naked as they had entered it. And the amount of money which they thus surrendered was a large one, nearly eight millions of francs, in which were swallowed up the three hundred thousand francs which they had inherited. Her brother arrested, Madame Caroline at once gave herself up to applications and solicitations, living only to soften the lot and prepare the defence of her poor George, and bursting into tears, in spite of her courage, whenever she thought of him, innocent, behind the prison bars, bespattered by this frightful scandal, his life wrecked and soiled for ever. To think of it! He so gentle and so weak, full of childlike piety, a ‘perfect simpleton,’ as she said, outside his technical work! And, at first, she became wroth with Saccard, the sole cause of the disaster, the artisan of their misfortune, whose hateful work she traced and clearly judged, from the days of the beginning, when he had gaily derided her for reading the Code, to these days of the end, when, paying the severe penalty of failure, he was about to be called to account for all the irregular practices which she had foreseen and allowed to be committed. Then, tortured by this haunting remorse of complicity, she became silent, and tried not to openly concern herself with him, resolving to act indeed as if he were not in existence. Whenever she had to mention his name, it seemed as if she were speaking of a stranger, of an opponent whose interests were different from her own. She, who visited her brother at the Conciergerie almost every day, had not even asked for a permit to see Saccard. And she was very brave; she still occupied her apartments in the Rue Saint-Lazare, receiving all who presented themselves, even those who came with insults on their lips, thus transformed into a woman of business, determined to save what little she could of their honesty and happiness.

During the long days which she passed in this way, upstairs, in that work-room where she had spent such delightful hours of toil and hope, there was one spectacle which particularly distressed her. Whenever she approached one of the windows, and cast a glance at the neighbouring mansion, she could not behold without a pang at the heart the pale profiles of the Countess de Beauvilliers and her slaughter Alice behind the window-panes of the little room in which they lived. Those February days were very mild; so that she also often noticed them walking, slowly and with drooping heads, along the paths of the moss-grown garden which the winter had ravaged. The results of the crash had been frightful for those poor creatures. They who a fortnight previously could have commanded eighteen hundred thousand francs with their six hundred shares could now only get an offer of eighteen thousand for them, since the price had fallen from three thousand to thirty francs. And their entire fortune had at one stroke melted away. All had vanished—the twenty thousand francs of the dowry, so painfully and thriftily saved by the Countess; the seventy thousand francs borrowed upon Les Aublets, and the two hundred and forty thousand francs which the farm had eventually fetched when it was in reality worth four hundred thousand. What was to become of them, since the mortgage upon their house in Paris alone consumed eight thousand francs a year, and they had never been able to reduce their style of living below seven thousand, in spite of all their niggardly practices, all the miracles of sordid economy which they accomplished, in order to save appearances and keep their station? Even if they were to sell their shares, how could they henceforth live, provide for their wants out of that paltry sum of eighteen thousand francs, the last waif of the shipwreck? The Countess had not yet been willing to look the imperious necessity in the face. The only course was to leave the mansion, and abandon it to the mortgagees, since it was impossible for her to continue paying the interest. Rather than wait for its sale to be advertised, she had better at once withdraw to some small apartments, there in concealment to eke out a straitened existence, down to the last morsel of bread. However, she resisted, because this meant severance from all that she had clung to, the annihilation of all that she had dreamt, the crumbling of the edifice of her race which for years her trembling hands had sustained with heroic obstinacy. The Beauvilliers, tenants, no longer living under the ancestral roof, dwelling in the houses of others, in the confessed misery of the conquered: really, would that not be the crowning degradation? And so she struggled on.

One morning Madame Caroline saw the mother and daughter washing their linen under the little shed in the garden. The old cook, now almost powerless, was no longer of much help to them; during the late cold weather they had had to nurse her; and it was the same with the husband, at once porter, coachman, and valet, who had great difficulty in sweeping the house and in keeping the old horse upon his legs, for both man and beast were fast growing halt, worn out. So the ladies had set resolutely about their housework, the daughter sometimes dropping her water-colours to prepare the meagre slops upon which all four scantily lived, the mother dusting the furniture and mending the garments and shoes, so enwrapped in her ideas of petty economy that she imagined they were effecting savings in dusters, needles, and thread now that she handled these herself. Only, as soon as a visitor called, it was a sight to see both of them run away, throw off their aprons, wash themselves, and reappear as mistresses with white and idle hands. On the side of the street their style of living had not changed, their honour was safe: the brougham still went out with the horse properly harnessed, taking the Countess and her daughter to make their calls; the guests of every winter still assembled at the fortnightly dinners; there was not a dish less upon the table, not a candle less in the candelabra. And it was necessary to command a view of the garden, as Madame Caroline did, to know what terrible to-morrows of fasting paid for all that show, the lying façade of a vanished fortune. When she saw them promenading their mortal melancholy, under the greenish skeletons of the centenarian trees, in the depths of that damp pit, closely hemmed in by the neighbouring houses, she was filled with immense pity, and withdrew from the window, her heart rent by remorse, as if she felt that she had been Saccard’s accomplice in bringing about this misery.

Then, another morning, Madame Caroline experienced a yet more direct and grievous sorrow. She was informed that Dejoie had called, and she bravely resolved to see him.

‘Well, my poor Dejoie,’ she began, but on noticing the pallor of the old fellow’s face she stopped short quite frightened. His eyes seemed lifeless, his features were distorted, and his very tall figure had become both shrunken and bowed.

‘Come,’ she added, ‘you must not let the idea that all this money is lost prostrate you.’

‘Oh, madame, it isn’t that,’ he answered in a low voice. ‘At the first moment, no doubt, it was a hard blow, because I had accustomed myself to believe that we were rich. When a man’s winning the fever flies to his head, he feels as though he were drunk. But, mon Dieu! I was ready to go to work once more; I would have worked so hard that I should have succeeded in getting the sum together again. But you do not know——’ He paused; big tears were rolling down his cheeks. ‘You do not know,’ he added. ‘She is gone!’

‘Gone! Who?’ asked Madame Caroline in surprise.

‘Nathalie, my daughter. Her marriage had fallen through; she was furious when Theodore’s father came to tell us that his son had already waited too long, and that he was going to marry the daughter of a haberdasher, who would bring him nearly eight thousand francs. Oh, I can understand her anger at the thought of no longer having a copper, and remaining single! But I who loved her so well! Only last winter I used to get up at night to see if she were well covered. And I deprived myself of tobacco in order that she might have prettier hats, and I was her real mother; I had brought her up; I lived only for the pleasure of seeing her in our little rooms.’

His tears choked him; he began to sob.

‘You see, it was the fault of my ambition,’ he continued. ‘If I had sold out as soon as my eight shares had given me the dowry of six thousand francs, she would now have been married. But, you know, they were still going up, and I thought of myself; I wanted first an income of six hundred francs, then one of eight hundred, then one of a thousand; especially as the little one would have inherited this money later on. To think that at one time, when the shares were worth three thousand francs apiece, I had twenty-four thousand francs before me, enough to give her a dowry of six thousand and retire, myself, on an income of nine hundred! But no! I wanted a thousand; how stupid! And now my shares don’t represent as much as two hundred francs even. Oh! it was my fault; I should have done better to have thrown myself into the water!’

Greatly distressed by his grief, Madame Caroline allowed him to relieve himself. Still she was desirous of knowing what had happened. ‘Gone, my poor Dejoie!’ she said, ‘how gone?’

Then embarrassment came over him, and a slight flush rose to his pale face. ‘Yes, gone, disappeared, three days ago. She had made the acquaintance of a gentleman who lived opposite us—oh! a very good-looking man, about forty years old. In short, she has run away.’

And while he gave details, seeking for fitting words in his embarrassment, Madame Caroline in her mind’s eye again beheld Nathalie, slender and blonde, with the frail grace of a pretty girl of the Parisian pavements. She again saw her large eyes, with their tranquil, cold expression reflecting egotism with such extraordinary clearness. She had suffered her father to adore her like an idol, conducting herself with all propriety so long as it was her interest to do so, so long as there remained any hope of a dowry, a marriage, a counter in some little shop where she would be enthroned. But to continue leading a penniless life, to live in rags with her good old father, to have to work again, oh! no, she had had enough of that kind of life, which henceforth had no prospect to offer. And so she had taken herself off, had coldly put on her hat and boots to go elsewhere.

Mon Dieu!’ Dejoie continued, stammering, ‘there was little to amuse her at home, it’s true; and when a girl is pretty, it is provoking for her to waste her youth in weary waiting. But all the same she has been very hard. Just fancy, she did not even bid me good-bye, did not even leave a word of a letter, not the smallest promise to come to see me again from time to time. She shut the door behind her and it was all over. You see, my hands tremble, I have been like an idiot ever since. It is more than I can bear; I am always looking for her at home. After so many years, mon Dieu! is it possible that I have her no more, that I shall never have her any more, my poor little child?’

He had ceased weeping, and his wild grief was so distressing that Madame Caroline caught hold of both his hands, unable to find any other words of consolation than: ‘My poor Dejoie, my poor Dejoie.’

At last, to divert his attention, she again spoke of the downfall of the Universal. She expressed her regret at having allowed him to take any shares; she judged Saccard severely without naming him. But the old fellow at once became animated again. The passion for gambling which had seized upon him was still alive in his heart. ‘Monsieur Saccard?’ he said, ‘oh! he did quite right to keep me from selling. It was a superb affair; we should have conquered them all, but for the traitors who abandoned us. Ah! madame, if Monsieur Saccard were here, things would go on differently. It was our death-blow when they threw him into prison. And only he can save us. I told the judge so: “Restore him to us, monsieur,” I said, “and I’ll confide my fortune to him again. I’ll confide my life to him because you see he’s like Providence itself. He does whatever he likes.”‘

Madame Caroline looked at Dejoie in stupefaction. What! not a word of anger, not a reproach? This was the ardent faith of a believer. What powerful influence, then, could Saccard have had upon the flock, in order to place it under such a yoke of credulity?

‘In fact, madame, that was the only thing I came to tell you,’ Dejoie resumed; ‘and you must excuse me for having spoken to you of my own sorrow. I only did so because I couldn’t control myself. However, when you see Monsieur Saccard, be sure to tell him that we are still on his side.’

He then went off with his faltering step, and she, left to herself, for a moment felt horrified with existence. That poor man had broken her heart; against the other, the man whom she did not name, she felt increased anger, and had to put forth a great effort in order to restrain an outburst. However, other visitors had arrived, and it was necessary she should see them. She had not a moment to herself that morning.

Among the number the Jordans particularly distressed her. They came together, Paul and Marcelle, like a loving husband and wife who act conjointly in all serious matters, to ask her if there were really no hope of their parents the Maugendres, getting something more from their Universal shares. In this direction, too, there had been an irreparable disaster. Prior to the great battles of the last two settlements, the old awning manufacturer had already possessed seventy-five shares, which had cost him about eighty thousand francs; a superb affair, since these shares at one time, when quoted at the price of three thousand francs apiece, had represented two hundred and twenty-five thousand francs. But the terrible part was that, in the passion of the struggle, Maugendre had played without depositing any cover, believing in Saccard’s genius and buying incessantly, so that the frightful differences which now had to be paid—more than two hundred thousand francs—had just swallowed up the rest of his fortune, that income of fifteen thousand francs accumulated by thirty years of hard work. He had nothing left; in fact, he would be barely freed from debt, after selling that little residence in the Rue Legendre of which he was so proud. And in this disaster Madame Maugendre was certainly guiltier than he.

‘Ah! madame,’ explained Marcelle, whose charming face remained fresh and gay even in the midst of catastrophes, ‘you cannot imagine how mamma had changed! She, so prudent, so economical, the terror of her servants, always at their heels, always checking their accounts, had reached such a point that she talked of nothing but hundreds of thousands of francs. She urged on papa—oh! he was not nearly so brave as she was, but would willingly have listened to Uncle Chave if she had not made him crazy with her dream of gaining the big prize, the million. They caught the fever through reading those horrid, lying financial papers; and papa was the first to get it, and tried to hide it in the beginning; however, when mamma caught it, she who had so long professed a hatred of all gambling, everything blazed up and it wasn’t long before they were ruined. To think that the rage for gain can so change honest folks!’

Jordan thereupon intervened, amused by a recollection of Uncle Chave which his wife’s words had just brought to his mind. ‘And if you had seen Uncle Chave’s calmness amid these catastrophes!’ said he. ‘He had prophesied it all and was quite triumphant. He had not once failed to attend the Bourse, he had not once ceased to play his petty cash game, content with carrying his fifteen or twenty francs away every evening, like a good employee who has faithfully done his day’s work. Millions were falling around him on all sides, giant fortunes were being made and unmade in a couple of hours, gold was raining down by the bucketful amid the thunderclaps; and all the while he calmly continued making his little living.’

Then Madame Caroline replied to their questions. ‘Alas, no!’ she said. ‘I do not think that your parents can hope to get anything from their shares. All seems to me ended. The shares are now at thirty francs, they will fall to twenty francs, to a hundred sous apiece. Ah, mon Dieu! what will become of those poor people, at their age, accustomed to comforts as they are?’

‘Why,’ answered Jordan, simply, ‘we shall have to look after them. We are not very rich yet, but things are taking a better turn, and we shan’t leave them in the street.’

He had just had a piece of luck. After so many years of thankless toil, his first novel, issued at first as a newspaper serial, and then in book form by a publisher, had suddenly proved a big success; and he now found himself in possession of several thousand francs with all doors henceforth open before him. And he was all eagerness to set to work again, certain of attaining to fortune and glory.

‘If we cannot take them to live with us,’ he resumed, ‘we will secure a little lodging for them. We shall arrange matters in some way.’

A slight trembling came over Marcelle, who was looking at him with bewildered tenderness. ‘Oh! Paul, Paul, how good you are!’

And she began to sob.

‘Come, my child, calm yourself, I beg of you,’ Madame Caroline repeated in bewilderment; ‘you must not grieve like this.’

‘Oh! let me be; it is not grief. But really, it is all so stupid! When I married Paul, ought not mamma and papa to have given me the dowry which they had always spoken about? Under the pretext, however, that Paul no longer had a copper, and that I was acting foolishly in keeping my promise to him, they did not give us a centime. Ah! they are well punished! If they had given me my dowry they could have had it back now. That would always have been something saved from the Bourse!’

Madame Caroline and Jordan could not help laughing; however, that did not console Marcelle, who only cried the more.

‘And then, it is not only that,’ she stammered. ‘But when Paul was poor, I had a dream. Yes! as in the fairy tales, I dreamed that I was a princess, and that some day I should bring my ruined prince ever so much money, to help him to become a great poet. And now he has no need of me, I have become nothing but a burden, I and my family! It is he who is to have all the trouble, who is to make all the presents. Ah! I stifle at the thought!’

Paul, however, had caught her in his arms. ‘What are you talking about, you big silly? Does the wife need to bring anything? Why, you brought yourself, your youth, your love, your good-humour, and there is not a princess in the world that can give more.’

These words at once pacified her. She felt happy at finding that she was loved so well, and realised indeed that it was very stupid of her to cry.

‘If your father and your mother are willing,’ continued Jordan, ‘we will get them a place at Clichy, where I have seen some ground floors, with gardens, at a very reasonable figure. Our little nest is very nice, but it is too small, and, besides, we shall be needing every inch of room.’ Then smiling again, and turning towards Madame Caroline, who was greatly touched by this family scene, he added: ‘Yes, there will soon be three of us; we may as well confess it, now that I am earning a living! So you see, madame, here she is about to make me a present—she who weeps at having brought me nothing!’

Madame Caroline, who to her incurable despair was condemned to remain childless, looked at Marcelle, who was blushing slightly. Her eyes filled with tears. ‘Ah! my dear children, love each other well,’ she said; ‘you alone are reasonable, you alone are happy!’

Then, before they took their leave, Jordan gave some particulars concerning the newspaper ‘L’Espérance.’ With his instinctive horror of business matters, he spoke of the office as a most singular cavern, where, himself alone excepted, the entire staff, from the director to the door porter, had engaged in speculation; and he, because he had not gambled, had been looked upon with intense disfavour and treated with contempt by all. Moreover, the fall of the Universal, and especially the arrest of Saccard, had virtually killed the journal. There had been a general scattering of the contributors, and Jantrou alone obstinately clung to the waif, beggared but hoping to derive a livelihood from the remnants of the wreck. He was now quite done for; those three years of prosperity during which he had to a monstrous degree enjoyed everything that could be bought, had finished him off. It was a case similar to that of those starving people who die of indigestion on the day when they sit down to table. And the curious feature, though logical for that matter, was the final downfall of the Baroness Sandorff, who, driven to desperation, longing to recover her money, had, amid all the confusion of the catastrophe, become this scoundrel’s mistress.

Madame Caroline turned slightly pale on hearing the Baroness’s name; but Jordan, who did not know that the two women had been rivals, went on telling his story. It appeared that on returning to the newspaper office one day to endeavour to obtain some money due to him, he had actually caught Jantrou boxing the Baroness’s ears. Yet she had suffered it, clinging to him, perhaps, because she thought that he could give her ‘tips,’ thanks to his position as an advertising agent. And so she was now rolling lower and lower, carried along that downward course by her passion for gambling, that passion which corrodes and rots everything, which turns one of even the highest and proudest race into a human rag, a waste scrap swept into the gutter. To think of that drunkard, a prey to every vice, belabouring that lady of the aristocracy with all the brutality of a professional bully!

With a gesture of grievous pain, Madame Caroline made Jordan stop. It seemed to her as though she herself were bespattered by this excess of degradation. At the moment of leaving, Marcelle took hold of her hand in a caressing way. ‘Pray don’t think, dear madame,’ said she, ‘that we came here to annoy you. Paul, on the contrary, stoutly defends Monsieur Saccard.’

‘Why, certainly!’ the young man exclaimed. ‘He has always been very kind to me. I shall never forget the way in which he relieved us of that terrible Busch. And then, too, he is wonderfully clever and energetic. When you see him, madame, be sure to tell him that we are still deeply grateful to him.’

When the Jordans had gone, Madame Caroline made a gesture of silent wrath. Grateful? Why? For the ruin of the Maugendres? Those Jordans were like Dejoie; they went away repeating the same words of excuse, the same good wishes. And yet they knew; that writer who had passed through the world of finance, with such a fine contempt for money, was certainly not an ignorant man. However, her own revolt continued and grew. No, there was no pardon possible, there was too much mud. Jantrou might have boxed the Baroness’s ears, but that did not avenge her. It was Saccard who had rotted everything.

That same day Madame Caroline was to go to Mazaud’s with reference to certain documents which she desired to add to the brief of her brother’s case. She also wished to know what would be the broker’s attitude in case the defence should summon him as a witness. Her appointment with him was for four o’clock, after the Bourse; and, on finding herself alone, she spent more than an hour and a half in classifying the information which she had already obtained. She was beginning to see more clearly through the heap of ruins. She had first asked herself where the money could have gone. In this catastrophe, in which two hundred millions had been swallowed up, if some pockets had been emptied, others must have been filled. Moreover, it seemed certain that the bears’ rakes had not gathered in the whole sum; a frightful leakage had carried away a good third. On days of disaster at the Bourse, it is as though the soil absorbs some of the money—it wanders away, a little sticks to all fingers.

However, Gundermann alone must have pocketed fifty millions; and Daigremont, from twelve to fifteen. The Marquis de Bohain was also mentioned as a big winner. His classic stroke had once more succeeded: playing through Mazaud for a rise, he refused to pay his differences, though he was receiving nearly two millions from Jacoby, through whom he had played for a fall. This time, however, although well aware that the Marquis had transferred his property to his wife, like a vulgar sharper, Mazaud, quite bewildered by his heavy losses, talked of taking legal proceedings against him.

Almost all the directors of the Universal, moreover, had carved themselves large slices—some, like Huret and Kolb, realising at a high figure before the collapse; others, like the Marquis and Daigremont, adopting treacherous tactics and going over to the ‘bears;’ to say nothing of the fact that at one of the last meetings, when the Bank was already in difficulties, the board had credited each of its members with a bonus of a hundred and odd thousand francs. Finally, at the corbeille, Delarocque and Jacoby were reputed to have won large sums, while Nathansohn was said to have become one of the kings of the coulisse, thanks to a profit of three millions which he had realised by playing on his own account for a fall, while playing for Saccard for a rise. The extraordinary feature of his luck was that, having made very large purchases on behalf of the Universal which could no longer pay, he would certainly have failed, and have been ‘posted,’ if it had not been found necessary to pass the sponge over all the transactions of the coulisse, making it a present of the sums which it owed since it was undoubtedly insolvent. So little Nathansohn earned the reputation of being both very lucky and very adroit. And what a pretty and amusing adventure it was to be able to pocket one’s winnings without being called upon to pay what one has lost!

However, all the figures remained vague; Madame Caroline could not form an exact estimate of the gains, for the operations of the Bourse are carried on with great mystery, and professional secrecy is strictly observed by the brokers. Even their memorandum-books would have told her nothing, no names being inscribed on them. Thus she in vain tried to ascertain what amount Sabatani had carried off with him on disappearing after the last settlement. That was another ruin, and a hard blow for Mazaud. It was the old story: the shady client, at first received with distrust, depositing a small security of two or three thousand francs, playing cautiously until he had established friendly relations with the broker, and the insignificance of his cover had been forgotten; then launching out, and taking to flight after perpetrating some brigand’s trick. Mazaud talked of posting Sabatani, just as he had formerly posted Schlosser, a sharper of the same band, the eternal band which ‘works’ the market, in the same way as the robbers of olden time ‘worked’ a forest. And the Levantine, that half-Oriental, half-Italian, with velvet eyes, over whom all the women had grown crazy, had now gone to infest the Bourse of some foreign capital—Berlin, so it was said—pending the time when he should be forgotten at the Bourse of Paris, and could come back again, ready to repeat his stroke, amid general toleration.

Besides her list of the gains, Madame Caroline had drawn up one of the disasters. The catastrophe of the Universal had been one of those terrible shocks that make a whole city totter. Nothing had remained firmly standing. Other establishments had begun to give way; every day there were fresh collapses. One after another the banks went down, with the sudden crash of bits of walls left standing after a fire. In silent dismay folks listened to these repeated falls, and asked where the ruin would stop. But what struck Madame Caroline to the heart was not so much the downfall of the bankers, the companies, the men and things of finance, all destroyed and swept away in the tempest, as the ruin of the many poor people, shareholders, and even speculators, whom she had known and loved, and who were among the victims. After the defeat she counted her dead. And these were not only her poor Dejoie, the imbecile, wretched Maugendres, the sad Beauvilliers ladies, whose misfortune was so touching. Another tragedy had upset her, the failure of the silk manufacturer, Sédille, announced on the previous day. Having seen him at work as a director, the only one of the board, she said, to whom she would have entrusted ten sous, she declared him to be the most honest man in the world. What a frightful thing, then, was this passion for gambling! Here was a man who had spent thirty years in establishing, by dint of labour and honesty, one of the firmest houses in Paris, and who, in less than three years, had so cut and eaten into it that at one stroke, it had fallen into dust! How bitterly he must now regret the laborious days of former times, when he had still believed in the acquirement of fortune by prolonged effort, before a first chance gain had filled him with contempt for work, consumed him with the dream of gaining in an hour, at the Bourse, the million which requires the whole lifetime of an honest merchant! And the Bourse had swept everything away—the unfortunate man remained overwhelmed, fallen from his brilliant position, incapable of resuming business and disqualified from doing so, with a son, too, whom poverty might perhaps turn into a swindler—that Gustave, the soul of joy and festivity, who was living on a footing of from forty to fifty thousand francs worth of debts and was already compromised in an ugly story of some promissory notes signed in favour of a woman.

Then there was another poor devil who distressed Madame Caroline, the remisier Massias, and yet God knew that she was not usually tender towards those go-betweens of falsehood and theft! Only she had known Massias also, known him with his large, laughing eyes and the air of a good dog who has been whipped, at the time when he was scouring Paris seeking to obtain a few small orders. If, for a moment, in his turn, he had at last believed himself to be one of the masters of the market, having conquered luck in Saccard’s wake, how frightful had been the fall which had awakened him from his dream! He had found himself owing seventy thousand francs, which he had paid, when, as so many others did, he might have pleaded that the matter was one of gambling, and that payment therefore could not be legally enforced. However, by borrowing from friends, and pledging his entire life, he had committed that sublime and useless stupidity of paying—useless, since no one felt the better of him for it; indeed, folks even shrugged their shoulders behind his back. His resentment, however, was only directed against the Bourse, for he had relapsed into his disgust for the dirty calling which he plied, and again shouted that one must be a Jew to succeed in it. Nevertheless, as he was in it, he resigned himself, still hoping that he might yet win the big prize provided he had a keen eye and good legs.

It was the thought, however, of the unknown dead, the victims without a name, without a history, that especially filled Madame Caroline’s heart with pity. They were legion, strewn in the thickets, in the ditches full of weeds, and in this wise there were lost ones, wounded ones, with the death rattle in their throats, behind each tree-trunk. What frightful silent tragedies were here!—the whole throng of petty capitalists, petty shareholders, who had invested all their savings in the same securities, the retired door-porters, the pale old maids living with their cats, the provincial pensioners who had regulated their lives with maniacal rigidity, the country priests stripped bare by almsgiving—all those humble beings whose budgets consist of a few sous, so much for milk, so much for bread, such precise and scanty budgets that a deficiency of two sous brings on a cataclysm! And suddenly nothing was left, the threads of life were severed, swept away, and old trembling hands incapable of working groped in the darkness in bewilderment; scores and scores of humble, peaceful existences being at one blow thrown into frightful want. A hundred desperate letters had arrived from Vendôme, where Fayeux, the dividend collector, had aggravated the disaster by flight. Holding the money and shares of the customers for whom he operated at the Bourse, he had begun to gamble on his own account at a terrible rate; and, having lost, and being unwilling to pay, he had vanished with the few hundred thousand francs which were still in his hands. All round Vendôme, even in the remotest farms, he left poverty and tears. And thus the crash had reached even the humble homesteads. As after great epidemics, were not the really pitiable victims to be found among these people of the lower middle class whose little savings their sons alone could hope to reaccumulate after long years of hard toil?

At last Madame Caroline went out to go to Mazaud’s; and as she walked towards the Rue de la Banque she thought of the repeated blows which had fallen upon the broker during the last fortnight. There was Fayeux, who had robbed him of three hundred thousand francs; Sabatani, who had left an unpaid account of nearly double that amount; the Marquis de Bohain and the Baroness Sandorff, both of whom refused to pay differences of more than a million; Sédille, whose bankruptcy had swept about the same amount away; to say nothing of the eight millions which the Universal owed him, those eight millions for which he had carried Saccard over, that frightful loss, the abyss into which from hour to hour, the anxious Bourse expected to see him tumble. Twice already had a catastrophe been reported. And, in this unrelenting fury of fate, a last misfortune had just befallen him, which was to prove the drop of water that would make the vase overflow. Two days previously his clerk Flory had been arrested, convicted of having embezzled a hundred and eighty thousand francs. The demands made upon the young man by Mademoiselle Chuchu, the little ex-figurante, the grasshopper from the Parisian pavements, had gradually increased: first, pleasure parties representing no great expense, then apartments in the Rue Condorcet, then jewels and laces; and that which had ruined the unfortunate, soft-hearted fellow had been his first profit of ten thousand francs, after Sadowa, that pleasure-money so quickly gained, so quickly spent, which had made him long for more and still more in his feverish passion for the woman who cost him so dear. But the extraordinary feature of the story was that Flory had robbed his employer simply to pay his gambling debt to another broker; a singular misconception of honesty due to the bewilderment that had come over him in his fear lest he should be immediately posted. And no doubt he had hoped he would be able to conceal the robbery, and replace the money by some miraculous operation. He had wept a great deal in prison, in a frightful awakening of shame and despair; and it was related that his mother, who had arrived that very morning from Saintes to see him, had been obliged to take to her bed at the house of the friends with whom she was stopping.

What a strange thing is luck! thought Madame Caroline, as she slowly crossed the Place de la Bourse. The extraordinary success of the Universal Bank, its ascent to triumph, conquest, and domination, in less than four years, and then its sudden collapse, a month sufficing to reduce the colossal edifice to dust—all this stupefied her. And was not this also Mazaud’s story? Never had a man seen destiny smile upon him in such an engaging way. A broker at the age of thirty-two, already very rich through the death of his uncle, and the happy husband of a woman who adored him and who had presented him with two beautiful children, he was further a handsome man, and daily acquired increased importance at the corbeille by his connections, his activity, his really surprising scent, and even his shrill voice—that fife-like voice which had become as famous as Jacoby’s thunder. But suddenly the ground began cracking around him, and he found himself on the edge of the abyss, into which a mere puff of air would now suffice to blow him. And yet he had not gambled on his own account, being still protected from that passion by his zeal for work, by his youthful anxiety. This blow had fallen on him through his inexperience and passion, through his trust in others. Moreover, people keenly sympathised with him; it was even pretended, with a deal of confidence, that he would come out of it all right.

When Madame Caroline had gone up to the office, she plainly detected an odour of ruin, a quiver of secret anguish in the gloomy rooms. On passing through the cashier’s office, she noticed a score of persons, quite a little crowd, waiting, while the cashiers still met the engagements of the house, though with slackening hands like men who are emptying the last drawers. The ‘account’ office, the door of which was partially open, seemed to her asleep, for its seven employees were all reading their newspapers, having but few transactions to attend to, now that everything was at a standstill at the Bourse. The cash office alone showed some signs of life. And it was Berthier, the authorised clerk, who received her, greatly agitated himself, his face pale, through the misfortune which had fallen on his employer.

‘I don’t know whether Monsieur Mazaud will be able to receive you, madame,’ said he. ‘He is not well, for he caught cold through obstinately working without a fire all last night, and he has just gone down to his rooms on the first floor to get a little rest.’

Madame Caroline insisted, however. ‘Oh, pray, monsieur, try to induce him to see me just for a moment,’ she said. ‘The salvation of my brother perhaps depends upon it. Monsieur Mazaud knows very well that my brother was never concerned in the transactions at the Bourse, and his testimony would be of great importance. Moreover, I want to get some figures from him; he alone can give me information about certain documents.’

At last, in a hesitating way, Berthier asked her to step into the broker’s private office. ‘Wait there a moment, madame,’ he said. ‘I will go and see.’

On entering this room Madame Caroline felt a keen sensation of cold. The fire must have gone out during the previous day, and no one had thought of lighting it again. But what struck her even more was the perfect order that prevailed here, as if the whole night and morning had been spent in emptying the drawers, destroying the useless papers, and classifying those which ought to be kept. Nothing was lying about, not a paper, not a letter. On the writing table there were only the inkstand, the pen-rack, and a large blotting-pad, on which there had merely remained a package of the fiches which Mazaud used—green fiches, the colour of hope. And with the room thus bare, an infinite sadness fell with the heavy silence.

In a few minutes Berthier reappeared. ‘I have rung twice, madame,’ he said, ‘but there was no answer, and I do not dare to insist. Perhaps you will ring yourself on your way down. But I advise you to come again.’

Madame Caroline was obliged to retire; nevertheless, on reaching the first-floor landing, she again hesitated, and even extended her arm in order to ring the bell. But she had finally decided to go away, when loud cries and sobs, a muffled uproar, coming from the apartments, rooted her to the spot. And all at once the door opened, and a servant rushed out, with a scared look, and vanished down the stairs, stammering: ‘My God! my God! Monsieur——’

Madame Caroline stood motionless before that open doorway, by which a wail of frightful grief now distinctly reached her. And she became very cold, divining the truth, a clear vision of what had happened arising before her. At first she wanted to flee; then she could not, overcome as she was by pity, attracted by the calamity she pictured, experiencing a need to see and contribute her own tears also. So she entered, found every door wide open, and went as far as the salon. Two servants, doubtless the cook and the chambermaid, stood at the doorway with terrified faces, stretching their necks into the room and stammering: ‘Oh, monsieur! O God! O God!’

The dying light of that grey winter day entered faintly between the heavy silk curtains of the room. However, it was very warm there; the remnants of some huge logs lay in glowing embers in the fire-place, illumining the walls with a red reflection. On a table a bunch of roses, a royal bouquet for the season, which the broker had brought his wife on the previous day, was blooming in this greenhouse temperature, scenting the whole room. It was like the perfume of all the refined luxury which the apartment displayed, like the pleasant odour of luck, of wealth, of happiness in love, which for four years had flourished there. And, lighted by the ruddy glow from the fire, Mazaud lay on the edge of the sofa, his head pierced by a bullet, his clenched hand upon the stock of a revolver; while, standing before him, his young wife, who had hastened to the spot, was giving vent to that wail, that continuous wild cry which could be heard upon the stairs. At the moment of the report she had been holding in her arms her little boy, now four years and a half old; she had brought him with her, and his little hands were clasped around her neck in fright; while her little girl, already six, had followed her, hanging to her skirt and pressing against her. And hearing their mother cry the two children were crying also, crying desperately.

Madame Caroline at once tried to lead them away. ‘Madame, I beg of you——Madame, do not stay here.’

She was trembling herself, however, and felt as if she would faint. She could see the blood still flowing from the hole in Mazaud’s head, falling drop by drop upon the velvet of the sofa, whence it trickled on to the carpet. On the floor there was a large stain, which was growing yet larger. And it seemed to her as if this blood reached her, and bespattered both her feet and hands. ‘Madame, I beg of you, follow me,’ she said.

But, with her son hanging from her neck and her daughter clinging to her waist, the poor woman did not hear, did not stir, stiffened, planted there so firmly that no power in the world could have uprooted her. All three of them were fair, with complexions of milky freshness, the mother seemingly as delicate and as artless as the children. And in the stupor of their dead felicity, in this sudden annihilation of the happiness which was to have lasted for ever, they continued raising their loud cry, the shriek which expressed all the frightful suffering of the human race.

Then Madame Caroline fell down upon her knees, sobbing and stammering, ‘Oh, madame, you rend my heart! For mercy’s sake, madame, take yourself away from this spectacle; come with me into the next room; let me try to spare you a little of the evil that has been done you.’

And still the group remained there, motionless, wild and woeful, the mother and her two little ones, all three with long light loose hair. And still the frightful shrieking went on, that cry of the blood-tie which rises from the forest when the hunters have killed the sire.

Madame Caroline had risen, her head whirling. There were sounds of steps and voices; a doctor, no doubt, had come to verify the death. And she could remain no longer, but ran away, pursued by that abominable and endless wail, which she fancied she still heard, amid the rolling of the passing vehicles, when she had reached the street.

It was growing dark; the night was cold, and she walked slowly, fearing that people might arrest her, taking her for a murderess, with her haggard look. Everything rose up before her—the whole story of that monstrous crash, which had piled up so many ruins and crushed so many victims. What mysterious force was it then which, after building that golden tower so quickly, had just destroyed it? The same hands that had constructed it seemed to have become infuriated with it, seized with a fit of madness, determined not to leave one stone of it standing on another. Cries of sorrow arose on all sides; fortunes crumbled with a sound akin to that which is heard when the refuse of demolished houses is emptied into a public ‘shoot.’ The last domains of the Beauvilliers, the savings of Dejoie scraped together sou by sou, the profits which Sédille had realised from his silk-works, the bonds of the Maugendres, who had lately retired from business, were all flung pell-mell, with a crash, into the depths of the same cloaca, which nothing seemed to fill up. There were also Jantrou, drowned in alcohol; La Sandorff, drowned in mire; Massias, again forced to lead the wretched life of a dog, chained for ever to the Bourse by debt; Flory, a thief, in prison, expiating the weaknesses of his soft heart; and Sabatani and Fayeux, fugitives, galloping off in fear of the gendarmes. And there were the unknown victims, still more distressing and pitiable, the great flock of all the poor that the catastrophe had made—the poor, shivering in abandonment, crying with hunger. Then, too, there was death—the pistol-shots that re-echoed from the four corners of Paris; there was Mazaud’s smashed head and Mazaud’s blood, which, drop by drop, amid the luxury of a drawing-room and the perfume of roses, bespattered his wife and his little ones, shrieking with grief.

And then all that she had beheld, all that she had heard during the last few weeks poured forth from Madame Caroline’s wounded heart—found vent in a cry of execration for Saccard. She could no longer keep silent, no longer put him aside as if he did not exist, so as to avoid judging and condemning him. He alone was guilty; it was shown by each of these accumulated disasters, the frightful pile of which terrified her. She cursed him; her wrath and her indignation, so long repressed, overflowed in a revengeful hatred, the hatred of evil itself. Did she no longer love her brother, then, that she had waited until now to hate the terrible man who was the sole cause of their misfortune? Her poor brother, that great innocent, that great toiler, so just and so honest, now soiled with the indelible stain of imprisonment, the victim whom she had forgotten, though he was dearer than all the others! Ah, that Saccard might find no pardon! that no one might dare to plead his cause any further, not even those who continued to believe in him, not even those who had only known his kindness!—that he might some day die alone, spurned and despised!

Madame Caroline raised her eyes. She had reached the Place de la Bourse, and saw the Temple of Money in front of her. The twilight was falling. Behind the building a ruddy cloud hung in the fog-laden wintry sky—a cloud like the smoke of a conflagration, charged with the flames and the dust of a stormed city. And against this cloud the Bourse stood out grey and gloomy in the melancholiness born of the catastrophe which, for a month past, had left it deserted, open to the four winds of heaven, like some market which famine has emptied. Once again had the inevitable, periodical epidemic come—the epidemic which sweeps through it every ten or fifteen years—the Black Fridays, as the speculators say, which strew the soil with ruins. Years are needed for confidence to be restored, for the great financial houses to be built up anew, and time goes slowly by until the passion for gambling, gradually reviving, flames up once more and repeats the adventure, when there comes another crisis, and the downfall of everything in a fresh disaster. This time, however, beyond the ruddy smoke on the horizon, in the hidden distant parts of the city, it seemed as though one could hear a vague sound of splitting and rending, betokening the end of a world—the world of the Second Empire.


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French LiteratureChildren BooksÉmile Zola – Money – Contents

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