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oned parchment on which contracts were signed with the devil. M. Valentin, its possessor, is a Faust of the boulevards; but our prejudices are softened by the circumstance that the _peau de chagrin_ has a false air of scientific authenticity. It is discovered by a gentleman who spends a spare half-hour before committing suicide in an old curiosity shop, which occupies a sort of middle standing-ground between a wizard's laboratory and the ordinary Wardour Street shop. There is no question of signing with one's blood, but simply of accepting a curious substance with the property--rather a startling one, it is true--that its area diminishes in proportion to the amount of wishes gratified, and vanishes with the death of the possessor. The steady flesh-and-blood men of science treat it just as we feel certain that they would do. After smashing a hydraulic press in the attempt to compress it, and exhausting the power of chemical agents, they agree to make a joke of it. It is not so much more wonderful than some of those modern miracles, which leave us to hesitate between the two incredible alternatives that men of science are fallible, or that mankind in general, like Sir Walter Scott's grandmother, are 'awfu' leears.' Every effort is made to reduce the strain upon our credulity to that moderate degree of intensity which may fairly be required from the reader of a wild fiction. When the first characteristic wish of the proprietor--namely, that he may be indulged in a frantic orgie--has been gratified without any apparent intervention of the supernatural, we are left just in that proper equilibrium between scepticism and credulity which is the right mental attitude in presence of a marvellous story. Balzac, it is true, seems rather to flag in continuing his narrative. The symbolical meaning begins to part company with the facts. Stories of this kind require the congenial atmosphere of an ideal world, and the effort of interpreting such a poetical legend into terms of ordinary life is perhaps too great for the powers of any literary artist. At any rate M. Valentin drops after a time from the level of Faust to become the hero of a rather commonplace Parisian story. The opening scenes, however, are an admirable specimen of the skill by which our irrepressible scepticism may be hindered from intruding into a sphere where it is out of place; or rather--for one can hardly speak of belief in such a connection--of the skill by which the
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