to be insisting upon the fact that the flag has not been dishonored. Your Magnificence will certainly allow me to thank you for the address, which glowed with flaming patriotism and which was delivered with such a sweep of oratory that, I am convinced, it carried away all those here assembled. We saw from the sketch which your Magnificence has given us how in all centuries the history of our empire and of our people, although in general attached to the Continent, nevertheless always stood in close relationship with the water and the sea and that it has always been more or less influenced by it. But as you have shown, we formerly failed in gathering together our strength. The flourishing of the Hansa, interesting and beautiful, and for a time powerful as it was, had to pass away, because it lacked the support of the imperial power. Through the founding of the empire under my grandfather all things were changed, and now the German merchant can go his way peacefully, not under a foreign but under his own flag; he can exercise all his capacities and be sure that, when it is necessary, the protection of the empire will stand behind him. That is only possible when all our powers are united under our German flag. But, as you all know, gentlemen, the flag must wave in honor; and it dare not lightly spread its folds to the wind nor be lightly set up where we are not sure of being able to defend it. You will understand why I have acted with this reserve in extending the reach of the German flag where many perhaps would have desired and longed to see it. I have allowed myself to be guided by an old Hanseatic proverb which stands in significant letters over the town hall at Lübeck: "The little flag is easily tied to the staff, but it is difficult to haul it down with honor." Now, gentlemen, I believe that I can say without fear of contradiction that up to the present no one has ever dared offer an indignity to our flag so long as I have been reigning. I will promise and hold to it that wherever you go ahead there my flag shall follow you. That is true in great as in little things. Every man binds his flag to the staff in the morning and hopes to conquer. Not every one is successful. In spite of that, we rejoice that on this day of the Elbe regatta not only German but also many boats of related and friendly peoples are present and make the scene a picturesque one. Therefore we rejoice, and again I whole-heartedly express the hope that sailing and water sport on the Elbe and on the Baltic, on the inland lakes as on the sea, may grow and prosper. We, however, who have gathered here under the flag of Hamburg, on the beautiful ship of the Hamburg-American Line, raise our glasses and drink to the health of the city of Hamburg and all seamen here assembled. The city of Hamburg--Hurrah! Hurrah! Hurrah! ACCIDENT TO A ZEPPELIN BONN, OCTOBER 17, 1913