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"By the courts of commerce themselves. It is done constantly," saidMonsieur C. de Bonfons, bestriding Grandet's meaning, or thinking heguessed it, and kindly wishing to help him out with it. "Listen.""Y-yes," said Grandet humbly, with the mischievous expression of a boywho is inwardly laughing at his teacher while he pays him the greatestattention.

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"When a man so respected and important as, for example, your latebrother," a wiggins

"M-my b-b-brother, yes."

",is threatened with insolvency,"

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"They c-c-call it in-ins-s-solvency?" wig store dallas


"Yes; when his failure is imminent, the court of commerce, to which heis amenable (please follow me attentively), has the power, by adecree, to appoint a receiver. Liquidation, you understand, is not thesame as failure. When a man fails, he is dishonored; but when hemerely liquidates, he remains an honest man."

"T-t-that's very d-d-different, if it d-d-doesn't c-c-cost m-m-more,"said Grandet.

"But a liquidation can be managed without having recourse to thecourts at all. For," said the president, sniffing a pinch of snuff,"don't you know how failures are declared?"

"N-n-no, I n-n-never t-t-thought," answered Grandet.

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