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Rh Alphonse was quite willing, for he loved change, and the splendid new banking establishment on the Boulevard seemed to him far more attractive than the dark offices in the Rue Bergère. So they removed to the Crédit Lyonnais on the first of May. But as they were in the chiefs office taking their leave, the old banker said to Charles, when Alphonse had gone out (Alphonse always took precedence of Charles), "Sentiment won't do for a business man."

From that day forward a change went on in Charles. He not only worked as industriously and conscientiously as before, but developed such energy and such an amazing faculty for labour as soon attracted to him the attention of his superiors. That he was far ahead of his friend in business capacity was soon manifest; but every time he received a new mark of recognition he had a struggle with himself. For a long time, every advancement brought with it a certain qualm of conscience; and yet he worked on with restless ardour.

One day Alphonse said, in his light, frank way: "You are really a smart fellow, Charlie! You're getting ahead of everybody, young and old—not to mention me. I'm quite proud of you!"

Charles felt ashamed. He had been thinking that Alphonse must feel wounded at being left on one side, and now he learned that his friend not only did not grudge him his advancement, but was even proud of him. By degrees his conscience was