"Well then, what do you say to this?" cried the President. "Differences have existed between him and the Minister, I know; differences which must have been settled by a superior authority. It is difficult, it is almost impossible to work with any one who is determined not to act in concert. One must give way, and of course the inferior; but just at this time that should have been avoided. It will throw fresh oil into the fire, as if it did not burn fiercely enough already, as if matters had not already been made easy enough for these promoters! They will laugh in their sleeves: 'Do you see that? do you hear that? We had just intended, modest as we are, to take our shares into the market to-morrow at 75; but now we ask 80--85! Paper that can send a General von Werben flying, cannot be difficult to float!' "You will see, my dear sir, they will trumpet it in all the papers, and--even if it is all false--if the General's position were untenable, the mob goes by outward appearance, judges by outward appearance, and--outward appearance is against us." The rug slipped from his knees, but he never seemed to observe it. "And if that were all! But we, of whom our illustrious sovereign has so rightly said that we are appointed by fate to eat our bread in the sweat of our brow, we begin to desire to live for show, for glittering useless show. Take this railway business; it is all show whichever way you look at it--good high roads, decent communal roads are all that we need for the moderate requirements of our island, which the prospectus boastfully calls the 'granary of Germany.' Show is the security upon the ground of which alone the concession can be obtained; I know that they could not raise even the few hundred thousand thalers. The subscriptions according to rule from 'good and substantial houses,' are show--shameful show; the only real subscription is from Prince Prora, through whose territory nearly a third of the railway passes; the other ten million are from Count Golm, and Co.--and not one thaler is paid up, or ever will be paid. So it goes on, so it must go on. You can't gather figs from thistles, and as to what is to be expected from that magnificent harbour which is to crown the whole, well, you know all about that as well as or better than I do." The President stood up and went to the window, through which the lights of the town were already disappearing. Then he came back to his place and said as he leant over towards Reinhold, in an almost mysterious voice: