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dinal Steno, Count Michel's uncle, had begun to lay out. After his demise, the land had been rented in lots to kitchen-gardeners, and it was estimated that it was worth about forty centimes a square metre. The financier offered four francs for it, under the pretext of establishing a factory on the site. It was a large sum of money. The Countess required twenty-four hours in which to consider, and, at the end of that time, she refused the offer, which won for her the admiration of the men of business who knew of the refusal. In 1882, less than ten years later, she sold the same land for ninety francs a metre. She saw, on glancing at a plan of Rome, and in recalling the history of modern Italy, first, that the new masters of the Eternal City would centre all their ambition in rebuilding it, then that the portion comprised between the Quirinal and the two gates of Salara and Pia would be one of the principal points of development; finally, that if she waited she would obtain a much greater sum than the first offer. And she had waited, applying herself to watching the administration of her possessions like the severest of intendants, depriving herself, stopping up gaps with unhoped-for profits. In 1875, she sold to the National Gallery a suite of four panels by Carpaccio, found in one of her country houses, for one hundred and twenty thousand francs. She had been as active and practical in her material life as she had been light and audacious in her sentimental experiences. The story circulated of her infidelity to Steno with Werekiew at St. Petersburg, where the diplomatist was stationed, after one year of marriage, was confirmed by the wantonness of her conduct, of which she gave evidence as soon as free. At Rome, where she lived a portion of the year after the sale of her land, out of which she retained enough to build the double house, she continued to increase her fortune with the same intelligence. A very advantageous investment in Acqua Marcia enabled her to double in five years the enormous profits of her first operation. And what proved still more the exceptional good sense with which the woman was endowed, when love was not in the balance, she stopped on those two gains, just at the time when the Roman aristocracy, possessed by the delirium of speculation, had begun to buy stocks which had reached their highest value. To spend the evening at the Villa Steno, after spending all the morning of the day before at
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