Wolf and Lonely Smile

Wolf and Lonely Smile is the tenth episode of the second season of the Spice and Wolf anime.

Synopsis
Together with Arold Ecklund, Eve Boland explains the plan to Lawrence: they will offer Holo as collateral to gain a cash loan, which they will then use to buy the fur in town. Eve expects an impending trade war, at which point the fur will be sold at a massive profit, clearing the loan and restoring Holo's freedom. The profit will also allow Eve a clean break from her current business with the Church in Lenos, which has soured, and Arold to retire and go on pilgrimage. In return for Lawrence's help, Arold offers his inn. After Lawrence explains the plan to Holo, she also agrees to the plan, hoping Lawrence will be more selfish and use the profit to achieve his dream of being a town merchant. Later, Lawrence's investigation around town reveals that Eve's business and disagreement with the Church have more than meets the eye. With the Church aiming to become more powerful in the region, associating with Eve becomes risky, but Lawrence and Holo resolve to proceed with her plan nonetheless.