nism to plutocracy and hatred
of aristocracy are the fundamental theses in almost every one of his
books.

His exposition, I repeat, is startlingly neat, the development of his
plots absolutely logical, and the world has acclaimed his ingenuity in
dramatic construction. He is truly, and in all senses, of the Ages.

VICTOR CHERBOULIEZ
de l'Academie Francaise

SERGE PANINE

BOOK 1.

CHAPTER I

THE HOUSE OF DESVARENNES

The firm of Desvarennes has been in an ancient mansion in the Rue Saint
Dominique since 1875; it is one of the best known and most important in
French industry. The counting-houses are in the wings of the building
looking upon the courtyard, which were occupied by the servants when the
family whose coat-of-arms has been effaced from above the gate-way were
still owners of the estate.

Madame Desvarennes inhabits the mansion which she has had magnificently
renovated. A formidable rival of the Darblays, the great millers of
France, the firm of Desvarennes is a commercial and political power.
Inquire in Paris about its solvency, and you will be told that you may
safely advance twenty millions of francs on the signature of the head of
the firm. And this head is a woman.

This woman is remarkable. Gifted with keen understanding and a firm will,
she had in former times vowed to make a large fortune, and she has kept
her word.

She was the daughter of a humble packer of the Rue Neuve-Coquenard.
Toward 1848 she married Michel Desvarennes, who was then a journeyman
baker in a large shop in the Chaussee d'Antin. With the thousand francs
which the packer managed to give his daughter by way of dowry, the young
couple boldly took a shop and started a little bakery business. The
husband kneaded and baked the bread, and the young wife, seated at the
counter, kept watch over the till. Neither on Sundays nor on holidays was
the shop shut.

Through the window, between two pyramids of pink and blue packets of
biscuits, one could always catch sight of the serious-looking Madame
Desvarennes, knitting woollen stockings for her husband while waiting for
customers. With her prominent forehead, and her eyes always bent on her
work, this woman appeared the living image of perseverance.

At the end of five years of incessant work, and possessing twenty
thousand francs, saved sou by sou, the Desvarennes left the slopes of
Montmartre, and moved to the centre of P