Balzac opened the first day of the year 1836 by becoming proprietor of the _Chronique de Paris_, an obscure Legitimist publication, which had been founded in 1834 by M. William Duckett. It started under Balzac's management with a great flourish of trumpets, the Comte (afterwards Marquis) de Belloy and the Comte de Gramont taking posts as his sectaries; while Jules Sandeau, Emile Regnault, Gustave Planche, Theophile Gautier, Charles de Bernard, and others, became his collaborators. Balzac's special work was to provide a series of papers on political questions, entitled "La France et l'Etranger," papers which show his extraordinary versatility; and his helpers were to provide novels and poems, satire, drama, and social criticism; so that the scope of the periodical was a wide one. At first, Balzac was most sanguine about the success of his new enterprise, and was very active and enthusiastic in working for it. On March 27th, he wrote to Madame Hanska about the embarrassment caused him by his plate having been pawned during his unfortunate absence in Vienna, nearly a year ago. It was worth five or six thousand francs, and he required three thousand to redeem it. This sum he had never been able to raise, while, to add to his difficulties, on the 31st of the month he would owe about eight thousand four hundred francs. Nevertheless, he _must_ have the silver next day or perish, as he had asked some people to dine who would, he hoped, give sixteen thousand francs for sixteen shares in the _Chronique_. If borrowed plate were on his table he was terribly afraid that the whole transaction would fail; as one of the people invited was a painter, and painters are an "observant, malicious, profound race, who take in everything at a glance."[*] Everything else in his rooms would represent the opulence, ease, and wealth of the happy artist. [*] "Lettres a l'Etrangere." Poor Balzac! To add to his difficulties, it was impossible to borrow anywhere in Paris, as he had only purchased the _Chronique_ through the exceptional credit he enjoyed, and this would be at once destroyed if he were known to be in difficulties. We do not hear any further particulars about this tragedy, and cannot tell how far the conjunction of the borrowed plate--if it _were_ after all borrowed --and the astute painter, contributed to the downfall of the _Chronique_. Werdet, however, attributes the disaster to the laziness of the talented staff, who could not be induced to work together. However that may be, the result was a terrible blow to Balzac; who was now, in addition to all his other liabilities, in debt for forty thousand francs to the shareholders.