The opinion of all the commercial men was that, under the reverses which had successively weighed down Morrel, it was impossible for him to remain solvent. Great, therefore, was the astonishment when at the end of the month, he cancelled all his obligations with his usual punctuality. Still confidence was not restored to all minds, and the general opinion was that the complete ruin of the unfortunate shipowner had been postponed only until the end of the month. The month passed, and Morrel made extraordinary efforts to get in all his resources. Formerly his paper, at any date, was taken with confidence, and was even in request. Morrel now tried to negotiate bills at ninety days only, and none of the banks would give him credit. Fortunately, Morrel had some funds coming in on which he could rely; and, as they reached him, he found himself in a condition to meet his engagements when the end of July came. The agent of Thomson & French had not been again seen at Marseilles; the day after, or two days after his visit to Morrel, he had disappeared; and as in that city he had had no intercourse but with the mayor, the inspector of prisons, and M. Morrel, his departure left no trace except in the memories of these three persons. As to the sailors of the Pharaon, they must have found snug berths elsewhere, for they also had disappeared.