During those twelve years Beauchêne had pursued a downward course, the descent of which was fatal. He was right at the bottom now, in the last state of degradation. After beginning simply as a roving husband, festively inclined, he had ended by living entirely away from his home, principally in the company of two women, aunt and niece. He was now but a pitiful human rag, fast approaching some shameful death. And large as his fortune had been, it had not sufficed him; as he grew older he had squandered money yet more and more lavishly, immense sums being swallowed up in disreputable adventures, the scandal of which it had been necessary to stifle. Thus he at last found himself poor, receiving but a small portion of the ever-increasing profits of the works, which were in full prosperity. This was the disaster which brought so much suffering to Constance in her incurable pride. Beauchêne, since the death of his son, had quite abandoned himself to a dissolute life, thinking of nothing but his pleasures, and taking no further interest in his establishment. What was the use of defending it, since there was no longer an heir to whom it might be transmitted, enlarged and enriched? And thus he had surrendered it, bit by bit, to Denis, his partner, whom, by degrees, he allowed to become the sole master. On arriving at the works, Denis had possessed but one of the six shares which represented the totality of the property according to the agreement. And Beauchêne had even reserved to himself the right of repurchasing that share within a certain period. But far from being in a position to do so before the appointed date was passed, he had been obliged to cede yet another share to the young man, in order to free himself of debts which he could not confess. From that time forward it became a habit with Beauchêne to cede Denis a fresh share every two years. A third followed the second, then came the turn of the fourth and the fifth, in such wise, indeed, that after a final arrangement, he had not even kept a whole share for himself; but simply some portion of the sixth. And even that was really fictitious, for Denis had only acknowledged it in order to have a pretext for providing him with a certain income, which, by the way, he subdivided, handing half of it to Constance every month.