“I am ashamed to think, my dear Grenfell, how many of your questions remain unanswered; but as the Cardinal’s private secretary wrote to express the grief his Eminence felt at being obliged to die instead of dine out, so I must ask your patience for not replying to you, as I was occupied in being ruined. It is a big word, George, but not too big for the fact. When I gave up politics, for want of something to do, I took up speculation. A very clever rascal--I only found out the rascality later--with whom I made acquaintance at Genoa, induced me to make some railroad ventures, which all turned out successes. From these he led me on to others of a larger kind in Sardinia, and ultimately in Morocco. A great London banking firm was associated with the enterprise, which, of course, gave the air of stability to the operations, and as there was nothing unfair--nothing gambling in the scheme--nothing, in fact, that passed the limits of legitimate commercial enterprise, at the same time that there was everything to interest And amuse, I entered into it with all that ardour for which more than once your prudent temperament has rebuked me. I have no patience to go over the story; besides that the catastrophe tells it all. The original tempter--his name is Gennet--has fled, the great bankers have failed, and I am--I have ascertained--engaged to the full amount of all I have in the world--that is, nothing remains to us but my wife’s settlement to live on. A great blow this; I am staggering under it still. It was precisely the sort of misfortune I had thought myself exempt from, because I never cared much about money-getting; I was richer than I really needed to be; but, as the Spanish proverb says, ‘The devil never goes out to fish with only one sort of bait in his boat.’ I imagined I was going to be a great philanthropist. If I was to get lead from the Moors, I was to give them civilisation, culture, Heaven knows what cravings after good things here and hereafter. Don’t laugh, George; I give you my word of honour I believed it. Mr. Ridley Gennet was a great artist, and from the hour he waved his wand over me, I never really awoke ‘till I was beggared.’ Now, I do believe that you yourself, with all the craft you boast of, would not have come scathless out of his hands. These fellows are consummately clever, and in nothing more than in the quick reading of the characters they are placed in contact with. You can answer for it that I never was a gambler. I have played, it is true; but with no zest, no passion for play. That man, however, knew more of me than I did of myself; he detected a sort of combative spirit in my nature, which gives results very much like the love of play. It prompts to a rash self-confidence and a dogged resolution not to be beaten--no matter how heavy the odds against one. I say, he saw this, and he determined to make use of it. There was a time at which, at the loss of about twenty-eight or thirty