topmost wave of his glossy and luxuriant _chevelure_, the severest critic of the mode would in vain have sought an imperfection. Born, bred, and polished in the genial atmosphere of the noble faubourg, he was a credit to his club, the admiration of the vulgar, the pet of a circle of exclusive and aristocratic dames, whose approving verdict is fashionable fame. His neighbour in the stalls, some years older than himself, was scarcely less correct in externals, although bearing his leonine honours much more carelessly. Like Arthur, he was a very handsome man, but his pale face and fair mustache contrasted with the florid cheek and dark hair of his companion. The Austrian baron Ernest von Steinfeld had acquired, by long and frequent residences in Paris, rights to Parisian naturalisation. He had first visited the French capital in a diplomatic capacity, and, after abandoning that career, had spent a part of every year there as regularly as any native _habitué_ of the club Grammont, the Chantilly race-course, and the Bois de Boulogne. Although a German and a baron, he was neither coarse, nor stupid, nor smoky. He did not carry a tobacco-pipe in his pocket, or get muddled at dinner, or spit upon the floor, or participate in any other of the nastinesses common to the majority of his tribe. A nobleman in Austria, he would have been accounted a gentleman, and a highly bred one, in any country in the world. He was of old family, had been much about courts, held a military rank, possessed a castle and fine estate in the Tyrol, mortgaged to the very last _zwanziger_ of their value, was somewhat _blasé_ and troubled with the spleen, and considerably in debt, both in Vienna and Paris. He had arrived in the latter capital but a fortnight previously, after nearly a year's absence, had established himself in a small but elegant house in a fashionable quarter, and as he still rode fine horses, dressed and dined well, played high and paid punctually, nobody suspected how near he was to the end of his cash and credit; and that he had sacrificed the last remnant of his disposable property to provide ammunition for another campaign in Paris--a campaign likely to be final, unless a wealthy heiress, a prize in the lottery, or an unexpected legacy, came in the nick of time to repair his shattered fortunes.