r, of a pale yellow, parted just above the ear, so as to
enable him to brush it over the top of his head. This personage, clad
in a double-breasted surtout, over a white waistcoat, and wearing a
many-colored rosette, was called Hermann Herzog.

A daring financier, he had come from Luxembourg, preceded by a great
reputation; and, in a few months, he had launched in Paris such a series
of important affairs that the big-wigs on the Exchange felt bound to
treat with him. There were many rumors current about him. Some said he
was the most intelligent, most active, and most scrupulous of men that
it was possible to meet. Others said that no greater scoundrel had
ever dared the vengeance of the law, after plundering honest people.
Of German nationality, those who cried him down said he was born at
Mayence. Those who treated the rumors as legends said he was born at
Frankfort, the most Gallic town beyond the river Rhine.

He had just completed an important line of railway from Morocco to the
centre of our colony in Algeria, and now he was promoting a company for
exporting grain and flour from America. Several times Cayrol had tried
to bring Herzog and Madame Desvarennes together. The banker had an
interest in the grain and flour speculation, but he asserted that it
would not succeed unless the mistress had a hand in it. Cayrol had a
blind faith in the mistress's luck.

Madame Desvarennes, suspicious of everything foreign, and perfectly
acquainted with the rumors circulated respecting Herzog, had always
refused to receive him. But Cayrol had been so importunate that, being
quite tired of refusing, and, besides, being willing to favor Cayrol for
having so discreetly managed the negotiations of Micheline's marriage,
she had consented.

Herzog had just arrived. He was expressing to Madame Desvarennes his
delight at being admitted to her house. He had so often heard her highly
spoken of that he had formed a high idea of her, but one which was,
however, far below the reality; he understood now that it was an honor
to be acquainted with her. He wheedled her with German grace, and with a
German-Jewish accent, which reminds one of the itinerant merchants, who
offer you with persistence "a goot pargain."

The mistress had been rather cold at first, but Herzog's amiability had
thawed her. This man, with his slow speech and queer eyes, produced a
fascinating effect on one like a serpent. He was repugnant, and yet, in
spite of one's se