"At a Cabinet Council this afternoon, presided over by his Excellency, we understand that the arrangements connected with the national debt formed the subject of discussion. The resolutions arrived at are at present strictly confidential, but we have the best authority for stating that the measures to be adopted will have the effect of materially alleviating the present tension, and will afford unmixed satisfaction to the immense majority of the citizens of Aureataland. The President will once again be hailed as the saviour of his country." "I wonder if the immense majority will include me," said I. "I think I will go and see his Excellency." Accordingly, the next morning I took my way to the Golden House, where I learned that the President was at the Ministry of Finance. Arriving there, I sent in my card, writing thereon a humble request for a private interview. I was ushered into Don Antonio's room, where I found the minister himself, the President, and Johnny Carr. As I entered and the servant, on a sign from his Excellency, placed a chair for me, the latter said rather stiffly: "As I presume this is a business visit, Mr. Martin, it is more regular that I should receive you in the presence of one of my constitutional advisers. Mr. Carr is acting as my secretary, and you can speak freely before him." I was annoyed at failing in my attempt to see the President alone, but not wishing to show it, I merely bowed and said: "I venture to intrude on your Excellency, in consequence of a letter from my directors. They inform me that, to use their words, 'disquieting rumors' are afloat on the exchanges in regard to the Aureataland loan, and they direct me to submit to your Excellency the expediency of giving some public notification relative to the payment of the interest falling due next month. It appears from their communication that it is apprehended that some difficulty may occur in the matter." "Would not this application, if necessary at all, have been, more properly made to the Ministry of Finance in the first instance?" said the President. "These details hardly fall within my province." "I can only follow my instructions, your Excellency," I replied. "Have you any objection, Mr. Martin," said the President, "to allowing myself and my advisers to see this letter?" "I am empowered to submit it only to your Excellency's own eye." "Oh, only to my eye," said he, with an amused expression. "That was why the interview was to be private?" "Exactly, sir," I replied. "I intend no disrespect to the Minister of Finance or to your secretary, sir, but I am bound by my orders." "You are an exemplary servant, Mr. Martin. But I don't think I need trouble you about it further. Is it a cable?" He smiled so wickedly at this question that I saw he had penetrated my little fiction. However, I only said: "A letter, sir."