"They had not long to wait for the crash. The firm of Claparon did business on too large a scale, the capital was locked up, the concern ceased to serve its purposes, or to pay dividends, though the speculations were sound. These misfortunes coincided with the events of 1827. In 1829 it was too well known that Claparon was a man of straw set up by the two giants; he fell from his pedestal. Shares that had fetched twelve hundred and fifty francs fell to four hundred, though intrinsically they were worth six. Nucingen, knowing their value, bought them up at four.

"Meanwhile the little Baroness d'Aldrigger had sold out of the mines that paid no dividends, and G.o.defroid had reinvested the money belonging to his wife and her mother in Claparon's concern. Debts compelled them to realize when the shares were at their lowest, so that of seven hundred thousand francs only two hundred thousand remained. They made a clearance, and all that was left was prudently invested in the three per cents at seventy-five. G.o.defroid, the sometime gay and careless bachelor who had lived without taking thought all his life long, found himself saddled with a little goose of a wife totally unfitted to bear adversity (indeed, before six months were over, he had witnessed the anserine transformation of his beloved) to say nothing of a mother-in-law whose mind ran on pretty dresses while she had not bread to eat. The two families must live together to live at all. It was only by stirring up all his considerably chilled interest that G.o.defroid got a post in the audit department. His friends?--They were out of town. His relatives?--All astonishment and promises. 'What! my dear boy! Oh!

count upon me! Poor fellow!' and Beaudenord was clean forgotten fifteen minutes afterwards. He owed his place to Nucingen and de Vandenesse.

"And to-day these so estimable and unfortunate people are living on a third floor (not counting the entresol) in the Rue du Mont Thabor.

Malvina, the Adolphus' pearl of a granddaughter, has not a farthing. She gives music-lessons, not to be a burden upon her brother-in-law. You may see a tall, dark, thin, withered woman, like a mummy escaped from Pa.s.salacqua's about afoot through the streets of Paris. In 1830 Beaudenord lost his situation just as his wife presented him with a fourth child. A family of eight and two servants (Wirth and his wife) and an income of eight thousand livres. And at this moment the mines are paying so well, that an original share of a thousand francs brings in a dividend of cent per cent.

"Rastignac and Mme. de Nucingen bought the shares sold by the Baroness and G.o.defroid. The Revolution made a peer of France of Nucingen and a Grand Officer of the Legion of Honor. He has not stopped payment since 1830, but still I hear that he has something like seventeen millions.

He put faith in the Ordinances of July, sold out of all his investments, and boldly put his money into the funds when the three per cents stood at forty-five. He persuaded the Tuileries that this was done out of devotion, and about the same time he and du Tillet between them swallowed down three millions belonging to that great scamp Philippe Bridau.

"Quite lately our Baron was walking along the Rue de Rivoli on his way to the Bois when he met the Baroness d'Aldrigger under the colonnade.

The little old lady wore a tiny green bonnet with a rose-colored lining, a flowered gown, and a mantilla; altogether, she was more than ever the Shepherdess of the Alps. She could no more be made to understand the causes of her poverty than the sources of her wealth. As she went along, leaning upon poor Malvina, that model of heroic devotion, she seemed to be the young girl and Malvina the old mother. Wirth followed them, carrying an umbrella.

"'Dere are beoples whose vordune I vound it imbossible to make,' said the Baron, addressing his companion (M. Cointet, a cabinet minister).

'Now dot de baroxysm off brincibles haf ba.s.sed off, chust reinshtate dot boor Peautenord.'

"So Beaudenord went back to his desk, thanks to Nucingen's good offices; and the d'Aldriggers extol Nucingen as a hero of friendship, for he always sends the little Shepherdess of the Alps and her daughters invitations to his b.a.l.l.s. No creature whatsoever can be made to understand that the Baron yonder three times did his best to plunder the public without breaking the letter of the law, and enriched people in spite of himself. No one has a word to say against him. If anybody should suggest that a big capitalist often is another word for a cut-throat, it would be a most egregious calumny. If stocks rise and fall, if property improves and depreciates, the fluctuations of the market are caused by a common movement, a something in the air, a tide in the affairs of men subject like other tides to lunar influences.

The great Arago is much to blame for giving us no scientific theory to account for this important phenomenon. The only outcome of all this is an axiom which I have never seen anywhere in print----"

"And that is?"

"The debtor is more than a match for the creditor."

"Oh!" said Blondet. "For my own part, all that we have been saying seems to me to be a paraphrase of the epigram in which Montesquieu summed up _l'Esprit des Lois_."

"What?" said Finot.

"Laws are like spiders' webs; the big flies get through, while the little ones are caught."

"Then, what are you for?" asked Finot.

"For absolute government, the only kind of government under which enterprises against the spirit of the law can be put down. Yes.

Arbitrary rule is the salvation of a country when it comes to the support of justice, for the right of mercy is strictly one-sided. The king can pardon a fraudulent bankrupt; he cannot do anything for the victims. The letter of the law is fatal to modern society."

"Just get that into the electors' heads!" said Bixiou.

"Some one has undertaken to do it."

"Who?"

"Time. As the Bishop of Leon said, 'Liberty is ancient, but kingship is eternal; any nation in its right mind returns to monarchical government in one form or another.'"

"I say, there was somebody next door," said Finot, hearing us rise to go.

"There always is somebody next door," retorted Bixiou. "But he must have been drunk."

PARIS, November 1837.

ADDENDUM

The following personages appear in other stories of the Human Comedy.

Aiglemont, General, Marquis Victor d'

At the Sign of the Cat and Racket A Woman of Thirty

Beaudenord, G.o.defroid de A Distinguished Provincial at Paris The Ball at Sceaux

Bidault (known as Gigonnet) The Government Clerks Gobseck The Vendetta Cesar Birotteau A Daughter of Eve

Bixiou, Jean-Jacques The Purse A Bachelor's Establishment The Government Clerks Modeste Mignon Scenes from a Courtesan's Life The Muse of the Department Cousin Betty The Member for Arcis Beatrix A Man of Business Gaudissart II.

The Unconscious Humorists Cousin Pons

Blondet, Emile Jealousies of a Country Town A Distinguished Provincial at Paris Scenes from a Courtesan's Life Modeste Mignon Another Study of Woman The Secrets of a Princess A Daughter of Eve The Peasantry

Claparon, Charles A Bachelor's Establishment Cesar Birotteau Melmoth Reconciled A Man of Business The Middle Cla.s.ses

Cochin, Emile-Louis-Lucien-Emmanuel Cesar Birotteau The Government Clerks The Middle Cla.s.ses

Cochin, Adolphe Cesar Birotteau

Cointet, Boniface Lost Illusions The Member for Arcis

Couture Beatrix The Middle Cla.s.ses

Desroches (son) A Bachelor's Establishment Colonel Chabert A Start in Life A Woman of Thirty The Commission in Lunacy The Government Clerks A Distinguished Provincial at Paris Scenes from a Courtesan's Life A Man of Business The Middle Cla.s.ses

Falleix, Martin The Government Clerks

Finot, Andoche Cesar Birotteau A Bachelor's Establishment A Distinguished Provincial at Paris Scenes from a Courtesan's Life The Government Clerks A Start in Life Gaudissart the Great

Gobseck, Esther Van Gobseck A Bachelor's Establishment Scenes from a Courtesan's Life

Grandet, Victor-Ange-Guillaume Eugenie Grandet

Grandet, Charles Eugenie Grandet

Matifat (wealthy druggist) Cesar Birotteau A Bachelor's Establishment Lost Illusions A Distinguished Provincial at Paris Cousin Pons

Matifat, Madame Cesar Birotteau

Matifat, Mademoiselle Pierrette

Minard, Auguste-Jean-Francois The Government Clerks The Middle Cla.s.ses