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And the day when the manager of some company has violated his charter or stretched the law a little too far, he may be sure to see M. d'Escajoul appear, and ask for some little advantages, and proffer, in exchange, the most thorough discretion, and even his kind offices. Two or three of his friends have heard him say, "Who would dare to blame me? It's very moral, what I am doing."

By the look which Marius de Tregars kept riveted upon M. d'Escajoul, it was easy to see that his confidence in him was not without limits. He felt it, and, with an air of injured innocence, "Do you suspect me, by chance," he said, "to have allowed myself to be hoodwinked by Thaller?" And as M. de Tregars said nothing, which was the most eloquent of answers,

Keep quiet, be patient; I am here, and I am looking out for squalls." He got up and prepared to leave. "You have more experience than I have," said M. de Tregars; "and, since that's your opinion " M. d'Escajoul had resumed all his good humor. "Very well, then, it's understood," he said, pressing M. de Tregars' hand.

Such is the man who came in, smiling, just as Maxence and Marius de Tregars had sat down at the table. M. de Tregars rose to receive him. "You will breakfast with us?" he said. "Thank you," answered M. d'Escajoul. "I breakfasted precisely at eleven, as usual. Punctuality is a politeness which a man owes to his stomach.

"I am watching for both of us; and if I see a chance, I come at once, and you act." But the outer door had hardly closed, when suddenly the countenance of Marius de Tregars changed. Shaking the hand which M. d'Escajoul had just touched, "Pouah!" he said with a look of thorough disgust, "pouah!" And noticing Maxence's look of utter surprise,

"Come," said M. Tregars, whose agitation was manifest, "come, let us breakfast: we have not a moment to lose." And, whilst his servant was bringing in his modest meal, "I am expecting M. d'Escajoul," he said. "Show him in as soon as he comes." Retired as he had lived from the financial world, Maxence had yet heard the name of Octave d'Escajoul.

And, as they always threaten to inform, there is no help for it but to let them pocket the clearest of the profit. Well, in a more elevated sphere, in the world of speculation, it is precisely that lucrative and honorable industry which M. d'Escajoul carries on.