She coloured slightly, for he had guessed the truth. On the previous day, yielding to her uneasiness, that secret fear without any precise cause, she had read the law which regulated joint-stock companies. Still, just for a moment, she was on the point of denying it. Then she confessed with a laugh: 'Yes, it's true; I read the Code yesterday; and after my perusal, I found myself examining into my own honesty and that of others, just as after reading medical books one fancies oneself afflicted with every disease.' He, however, took offence; for the circumstance that she had wished to inform herself showed that she distrusted him, and was prepared to watch him, with her searching intelligent woman's eyes. 'Ah!' he replied, with a gesture which swept all vain scruples away, 'do you suppose that we are going to conform to the trumperies of the Code? Why! we could not take two steps; we should be met by obstacles at every turn, while others, our rivals, would go ahead at full speed and outstrip us. No, no, I certainly shan't wait till all the capital is subscribed; moreover, I prefer to reserve some shares for ourselves, and I shall find a man with whom I will open an account, and who, in short, will be our man of straw.' 'It is forbidden,' she declared, simply, in that beautiful, grave voice of hers. 'Oh yes, it is forbidden, but all companies do it.' 'They do wrong, then, since it isn't right.' Calming himself by a sudden effort of will, and smiling in his turn, Saccard thereupon thought it best to turn to Hamelin, who, in his embarrassment, was listening without intervening. 'I hope that you don't doubt me, my dear friend; I am an old stager of some experience; you can trust yourself in my hands, so far as the financial side of the affair is concerned. Bring me good ideas, and I will undertake to make them yield all desirable profit with the least possible risk. I believe that a practical man can say nothing better.' The engineer, with his invincible timidity and weakness, turned the matter into a joke, in order to avoid giving a direct answer. 'Oh! you will have a real censor in Caroline,' said he. 'She is a born schoolmistress.' 'But I am quite willing to join her class,' declared Saccard gallantly. Madame Caroline herself had begun laughing again. And the conversation continued in a familiar good-natured way.