There was no doubt at all that the news was true; and it seemed that Felsenburgh must have waited deliberately for the offer. All others he had refused. There had been a Convention of the Powers, each of whom had been anxious to secure him, and each of whom had severally failed; these private claims had been withdrawn, and an united message sent. The new proposal was to the effect that Felsenburgh should assume a position hitherto undreamed of in democracy; that he should receive a House of Government in every capital of Europe; that his veto of any measure should be final for three years; that any measure he chose to introduce three times in three consecutive years should become law; that his title should be that of President of Europe. From his side practically nothing was asked, except that he should refuse any other official position offered him that did not receive the sanction of all the Powers. And all this, Percy saw very well, involved the danger of an united Europe increased tenfold. It involved all the stupendous force of Socialism directed by a brilliant individual. It was the combination of the strongest characteristics of the two methods of government. The offer had been accepted by Felsenburgh after eight hours’ silence. It was remarkable, too, to observe how the news had been accepted by the two other divisions of the world. The East was enthusiastic; America was divided. But in any case America was powerless: the balance of the world was overwhelmingly against her. Percy threw himself, as he was, on to his bed, and lay there with drumming pulses, closed eyes and a huge despair at his heart. The world indeed had risen like a giant over the horizons of Rome, and the holy city was no better now than a sand castle before a tide. So much he grasped. As to how ruin would come, in what form and from what direction, he neither knew nor cared. Only he knew now that it would come.