"What does anything matter? I believe Mr. Toots was an unconscious philosopher. There is nothing in the world of any consequence, except money. Go and look at those poor devils yonder, and you will see what that is worth," he cried, pointing to the lighted Kursaal; "there you behold the one great truth of the universe in action. There is nothing but money, and men are the slaves of money, and life is only another name for the pursuit of money. Go and look at beauty yonder fading in the light and heat; at youth that changes to age before your eyes; at friendship which turns to hate when the chances of the game are with my friend and against me. The Kursaal is the world in little, Diana; and this great globe of ours is nothing but a gigantic gaming-table—a mighty temple for the worship of the golden calf."

"Why do you imitate those people yonder, if you despise them so heartily?"

"Because I am like them and of them. I tell you that money is the beginning and end of all things. Why am I here, and why is my life made up of baseness and lies? Because my father was an improvident scoundrel, and did not leave me five hundred a year. I wonder what I should have been like, by the bye, if I had been blest with five hundred a year?"

"Honest and happy," answered the girl earnestly. She forgot her simulated indifference, and looked at him with sad earnest eyes. He met the glance, and the expression of his own face changed from its cynical smile to a thoughtful sadness.

"Honest perhaps; and yet I almost doubt if anything under five thousand a year would have kept me honest. Decidedly not happy; the men who can be happy on five hundred a year are made of a duller stuff than the clay which serves for a Hawkehurst."

"You talk about not being happy with five hundred a year!" Diana exclaimed impatiently. "Surely any decent existence would be happiness to you compared to the miserable life you lead,—the shameful, degraded life which shuts you out of the society of respectable people and reduces you to the level of a thief. If you had any pride, Valentine, you would feel it as bitterly as I do."