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ated, these men would naturally continue to send the rents to the order of Gregorio Macomer. Feeling that he was near the end of his chances, he had desperately attempted to improve his position by using as much of the year's income as he could extract from the stewards, in a final speculation. This had failed. He had not been able to pay the interest on his mortgages, and the ready money was all gone. A disastrous financial crisis had supervened, which had made itself felt throughout the country, and the banks which held the mortgages had given notice that they would foreclose some of them, and not renew the others. If Gregorio Macomer could have laid hands, no matter how, on any sum of money worth mentioning, he would have fled, under an assumed name, to the Argentine Republic, the usual refuge of Italians in difficulties. But he had exhausted all he could touch, had gambled, and had lost it. If he fled now, it must be as a penniless emigrant. As he had no taste for such adventures, at his age, there was but one chance for him, and that lay in somehow getting control of Veronica's fortune before the end of the month. As for getting any more of the income, in time to be of any use in staving off the tidal wave of ruin that rose against him, there was no chance of that. The farmers all over the country paid their quarter's rents on the first of January, or should do so, but there was often difficulty in collecting, and the money would not really get to Macomer's hands much before February. By that time all would be over; and it was not the idea of bankruptcy which frightened Gregorio; it was the certainty that a declaration of bankruptcy must lead to, and involve, a minute examination into his past transactions which had led to it. Matilde knew all the truth, as has been shown. What she suffered in remaining in Naples, in going and coming through the familiar rooms, in spending her evenings in that room, of all others, in which she had last seen Bosio alive, no one knew. She went about silently, and her face grew daily paler and thinner. In her behaviour she was subdued and silent, though she treated Veronica with greater consideration than before. They had never spoken together of the possible reasons for Bosio's death, but it had been publicly stated that he had been insane, and Matilde, to all appearances, accepted the explanation as sufficient. It was made the more reasonable by the evident fact that Gregorio's m
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