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Villon looked after the girl as she ran.

"The girl is as fleet as a hare and as wild witted," he said to himself. Then he flung Huguette from his thoughts and faced the great problem.

"How does the balance go?" he asked himself, and he weighed the air with his hands as if their cups held the precious things he spoke of.

"In the one hand, a great king's life; in the other, a poor poet's honour. King, beggar, beggar, king."

He paused a moment, looking down the long lane of infinite possibilities. He owed nothing to Louis after all. Louis had made him the plaything of a shameless trick; had thrust honour upon him in mockery; had tantalized him with a dream of a dream. Ere another sunset, if a woman's heart were not his for the winning, he would be swinging, grisly enough, with his tongue through his teeth, and the ravens wheeling about his ears, upon the Paris gallows. It was but to let Thibaut d'Aussigny play out his play and snare the old black fox, and then Villon had Paris to himself, was absolved from all penalty, might in the light of the new love the people had for him, do, or at least try to do, pretty much as he pleased with the kingless kingdom. It was a dazzling prospect.

"Why not?" he asked himself. Then, in a moment,