As the last words of the Count were directed evidently to the General and the President, not to him, Reinhold thought he should refrain from answering. But neither of the two gentlemen replied; the rest, too, were silent; an embarrassing pause followed. Finally the President coughed into his slender white hand, and said: "Strange! While the Captain here prophesies with a tone of conviction itself a storm flood, which our amiable host, who would be closest to it--as our Fritz Reuter says--would like to relegate to fable land, I have had to think at every word of another storm flood----" "Still another!" exclaimed Mieting. "Of a different storm flood, Miss Mieting, in another entirely different region; I need not tell the gentlemen in what region. Here too the usual course of things has been interrupted in the most unexpected manner, and here too a damming up of the floods has taken place, which have rushed in from west to east in an enormous stream--a stream of gold, ladies. Here, too, the wise predict that such unnatural conditions cannot last, that their consummation is imminent, that a reverse current must set in, a reaction, a storm flood, which, to keep the figure that so well fits the case, like that other flood will rush upon us with destruction and desolation, and will cover with its turbulent barren waters the places in which men believed that they had established their rule and dominion firmly and for all time." In his zeal to give a different turn to the conversation and in his delight and satisfaction with the happy comparison, the President had not reflected that he was really continuing the subject and that the theme in this new form must be still more uncomfortable for the Count than in the first. He became aware of his thoughtlessness when the Count, in a tone reflecting his emotion, exclaimed: "I hope, Mr. President, you will not associate our idea, dictated, I may be permitted to say, by the purest patriotism, with those financial bubbles so popular these days, which have usually no other source than the most ordinary thirst for gain." "For Heaven's sake, Count! How can you impute to me such a thing as would not even enter my dreams!" exclaimed the President. The Count bowed. "I thank you," said he, "for I confess nothing would have been more offensive to my feelings. I have, of course, always considered it a political necessity, and a proof of his eminent statesmanship, that Prince Bismarck in the execution of his great ideas made use of certain means which he would certainly have done better not to have employed, because he thus could not avoid too close contact with persons, dealings with whom were formerly very odious to him at least. I considered it also a necessary consequence of this unfortunate policy that he inaugurated, was forced to inaugurate, by means of these nefarious millions, the new era of haggling and immoderate lust for gain. However----"