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Updated: June 25, 2025
The crash came when Vienna, Paris and London lost faith in the paper, owing, in the first instance, to one or two small failures, and returned it upon Rome; the banks, unable to obtain cash for it at any price, and being short of ready money, could then no longer discount the speculator's further notes of hand; so that the speculator found himself with half-built houses upon his hands which he could neither let, nor finish, nor sell, and owing money upon bills which he had expected to meet by giving the bank a mortgage on the now valueless property.
Every morning he received his tribute, eyeing it like a Nabob's prime minister, as he considers whether he will sign a pardon. Gobseck would take anything, from the present of game sent him by some poor devil or the pound's weight of wax candles from devout folk, to the rich man's plate and the speculator's gold snuff-box. Nobody knew what became of the presents sent to the old money-lender.
Seated in a little summer-house in the garden, which the speculator's trowel had spared by some fancy of the builder's, who believed that he was preserving these hundred feet square of earth for his own pleasure, they were admiring the first green shoots of the lilac-trees, a spring festival which can only be fully appreciated in Paris when the inhabitants have lived for six months oblivious of what vegetation means, among the cliffs of stone where the ocean of humanity tosses to and fro.
The talk of business, the frequent interviews, the evident elation of her father's spirits, combined to assure her that some great scheme was in progress, some commercial enterprise, perhaps not entirely dishonest nay even honest, when regarded from the sanguine speculator's point of view, but involving the hazard of Gustave Lenoble's fortune.
For it is an artist's school, and not a pedant's, or a vague speculator's, who knows not how to converge his speculation, even upon his mode of tradition. The founders of this school trust much in their general plan of instruction and relief, to the gradual advancement of a common intelligence, by means of a scientific, but concealed historical teaching.
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