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Machuca stared at him coldly, curiously. "The business with the bullfighter," he suggested, "was a low blow."

"A very low blow." So was mentioning it, but Gavira kept that observation to himself. "And there were a few others, after she left me. Men she knew before she was married, and that Curro Maestral, who was already hanging around." He threw his cigarette down and ground it out viciously with the heel of his shoe. "It's as if she wanted to make up for the time she wasted on me."

"Or to get her revenge."

"Maybe."

"You must have done something wrong, Pencho." The old banker shook his head with conviction. "Macarena was in love with you when she married you."

Gavira looked around without seeing anything. "I swear to you I don't understand," he said. "Revenge for what? I didn't have my first affair until a good month after she left me, by which time she'd been seen with that winemaker from Jerez, Villalta. By the way, with your permission, Don Octavio, I've just refused him credit."

Machuca raised one of his bony, claw-like hands, brushing it all aside. He knew of his successor's recent liaison with a well-known model. No, Macarena had too much class to create a scandal over her husband's skirt-chasing. If all wives did that, Seville would be in a real mess.

Gavira fiddled with his tie. "Well, we're in the same boat, Don Octavio. The godfather and the husband both in the dark."

"With one difference," said Machuca, and a smile appeared again beneath his sharp, cruel nose. "The church and your marriage are both your business, aren't they? I'm just an onlooker."

Gavira glanced over at Percgil, who was still standing by the Mercedes. His jaw tensed. "I'll step up the pressure."

"On your wife?"

"On the priest."

The old banker's rasping laugh rang out. "Which one? They've been multiplying like rabbits lately." "The parish priest. Father Ferro."

"Right." Machuca too glanced at Peregil out of the corner of his eye. He sighed deeply. "I hope you'll have the good taste to spare me the details."

Some Japanese tourists passed, carrying huge rucksacks and looking very hot. Machuca put the newspaper down and said nothing for a moment, reclining in the wicker chair. At last he turned to Gavira. "It's hard walking a tightrope, isn't it?" he said, the predatory eyes mocking. "That's how I spent years, Pencho. From the time I smuggled the first consignment from Gibraltar after the war. And then when I bought the bank, wondering what the hell I was getting myself into. Anxious, sleepless nights…" He shook his head. "Suddenly one day you find you've crossed the finishing line and you don't give a damn anymore. No one can touch you, however hard they try. Only then do you start enjoying life, or what's left of it."

He smiled wearily.

"I hope you get there, Pencho," he said. "Until then, you must pay the price without complaining."

Gavira motioned to the waiter and ordered another beer and another coffee. He ran a hand over his hair and glanced absent-mindedly at the legs of a passing woman. "I've never complained, Don Octavio," he said.

"I know. That's why you have an office on the main floor on the Arenal and a chair beside me here, at this table. While I read the paper and watch you."

The waiter brought the coffee and the beer. Machuca put a lump of sugar in his coffee and stirred it as two nuns from Sor Angela de la Cruz walked by in their brown habits and white veils.

"By the way," the old banker asked suddenly, "what's happening with that other priest?" He stared after the nuns. "The one who had dinner with your wife last night."

It was at moments such as these that Pencho Gavira showed his mettle. He forced himself to watch a car turn into the street and then disappear around the corner, while he tried to still the pounding in his ears. He took about ten seconds before he arched an eyebrow and said, "Nothing. According to my information, he's still carrying out his investigation on behalf of Rome. Everything's under control."

"So I hope, Pencho." Machuca raised his cup to his lips with a slight grunt of satisfaction. "Nice place, La Albahaca." He took another sip. "I haven't been there for some time."

"I'll get Macarena back. I promise."

Machuca turned to face him, "You have a brain. There could be no better future for Macarena than with you. That's how I saw it from the start…" He laid a hand lightly on Gavira's arm; the hand felt bony and dry. "I appreciate your qualities, Pencho. Maybe you're the best thing that could happen to the bank now. But the fact is, at this point I couldn't care less about the bank. It's your wife I care about. And her mother."

Gavira felt trapped. He had to keep pedalling, he told himself, or else he'd fall off the bicycle. "The church," he said bitterly, "is their future."

"And yours, Pencho." Machuca shot him a malicious glance. "Would you sacrifice the church deal and the Puerto Targa operation to get your wife back?"

Gavira didn't answer immediately. This was the crux of the matter, and he knew it better than anyone.

"If I lose this chance," he said evasively, "I lose everything."

"Not everything. Only your prestige. And my backing."

Calm, Gavira allowed himself a smile. "You're a hard man, Don Octavio."

"Possibly." The old man stared at the PENA BETICA sign opposite. "But I'm just. The church deal was your idea, and so was your marriage. Although I may have helped things along a little."

"Then I'd like to ask you something," Gavira said, putting his hands on the table. "Why won't you help me now, if you're so fond of Macarena and her mother? You could make them see reason."

"Maybe, maybe not," Machuca said, narrowing his eyes. "But if I helped you, you see, it would mean that I'd allowed Macarena to marry a fool. Let's understand each other, Pencho: for me this is like owning a racehorse or a boxer or a good fighting cock. I enjoy watching you fight."

He made a sign to his secretary. The audience was over.

Gavira stood up, buttoning his jacket. "Do you know something, Don Octavio?" He put on his Italian designer sunglasses and stood by the table, cool, immaculate. "Sometimes I think you don't want a definite outcome… As if deep down you don't care about any of it: Macarena, the bank, me."

Across the street, a young woman with long legs and a very short skirt came out of a clothes shop with a bucket and started washing down the shop window. Old Machuca watched the girl thoughtfully. At last he said: "Pencho, did you ever wonder why I come here every day?"

Gavira stared at him, surprised, not knowing what to answer. What did this have to do with anything? he thought. Damn the old man.

There was a glint of mockery in the banker's eyes. "Once, a long time ago," he said "I was sitting at this very table when a woman walked by. She was beautiful, the kind of woman that takes your breath away… I watched her go by, and our eyes met. I thought of getting up, stopping her. But I didn't. Social convention carried more weight. I was known in Seville… She continued on her way. I told myself I'd see her another day. But she never walked past here again."

His voice was flat as he told the story. The secretary approached, briefcase in hand. With a nod in Gavira's direction, Canovas sat down in the chair that Gavira had just vacated. Settling back into his own chair, Machuca smiled coldly at the young vice-chairman of the Cartujano. "I'm a very old man, Pencho," he said. "In my lifetime, I've won some battles and lost others. But now I don't feel involved in any of it." He took one of the documents his assistant handed him. "What I have now, more than a desire for victory, is a sense of curiosity. Like someone who puts a scorpion and a spider in a bottle and waits to see what happens. With no sympathy for either of them."

He turned his attention to the document, and Gavira muttered a goodbye before going to his car. He had a deep vertical line on his forehead, and the ground felt shaky beneath his feet. Peregil, smoothing his hair over his bald head, looked away as Gavira approached.

Sunlight bounced off the corner of the white-and-red-ochre Hospital de los Venerables. Across the street, beneath a poster for that Sunday's bullfight at the Maestranza bullring, two pale-skinned tourists, looking on the verge of sunstroke, sat outside the Bar Roman, recovering. Inside, Simeon Navajo carefully peeled himself a prawn and then looked at Quart.