"What he inherited has been converted inexorably to soft money, in just the manner we spoke of a few minutes ago," d’Ozoir said. "Which amounts to saying that he has slowly over time lost his independent means and become a pensioner of the French Government—which is how le Roi likes it. In order for him to preserve any independent means, he has had to make investments. The reason you are not aware of this is that his investments are in the Mediterranean—the Levant, and Northern Africa—whereas your attentions are fixed North and West." And here he reached out and took Eliza firmly by the hand and looked her in the eye. "Which is where I would like them to stay —and so let us attend to the matter of Baltic timber, I beg you."