f
carriages were rolling rapidly by with well-dressed ladies. The capital
displayed at that hour all the splendor of its luxury. It was Paris in
all its strength and gayety.

Herzog stretched out his hand, and calling the Prince's attention to the
sight, said:

"There's your empire!"

Then, looking at him earnestly, he asked:

"Is it agreed?"

Serge hesitated for a moment, and then bowed his head, saying:

"It is agreed."

Herzog pulled the check-string communicating with the coachman and
alighted.

"Good-by," said he to Panine.

He slipped into his own carriage, which had followed closely behind, and
drove off.

From that day, even Jeanne had a rival. The fever of speculation had
seized on Serge; he had placed his little finger within the wheels and
he must follow--body, name, and soul. The power which this new game
exercised over him was incredible. It was quite different to the stupid
games at the club, always the same. On the Bourse, everything was new,
unexpected, sudden, and formidable. The intensity of the feelings were
increased a hundredfold, owing to the importance of the sums risked.

It was really a splendid sight to see Herzog manipulating matters,
maneuvering with a miraculous dexterity millions of francs. And then the
field for operations was large. Politics, the interests of nations, were
the mainsprings which impelled the play, and the game assumed diplomatic
vastness and financial grandeur.

From his private office Herzog issued orders, and whether his ability
was really extraordinary, or whether fortune exceptionally favored him,
success was certain. Serge, from the first week, realized considerable
sums. This brilliant success threw him in a state of great excitement.
He believed everything that Herzog said to him as if it were gospel. He
saw the world bending under the yoke which he was about to impose upon
it. People working and toiling every day were doing so for him alone,
and like one of those kings who had conquered the world, he pictured all
the treasures of the earth laid at his feet. From that time he lost
the sense of right and wrong. He admitted the unlikely, and found the
impossible quite natural. He was a docile tool in the hands of Herzog.

The rumor of this unforeseen change in Panine's circumstances soon
reached Madame Desvarennes's ears. The mistress was frightened, and sent
for Cayrol, begging him to remain a director of the European Credit, in
order to watch the p