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Rh ." There was a sensation amongst the audience. When Buck began again to speak, some one tried to applaud. Sprezius snapped his beak just in time. It was one of the loud young women.

"The presiding judge has been the first to mention the person of the King. But, now that it has been mentioned, I may be permitted, with all due respect, to observe that his person so perfectly expresses and represents the tendencies of the country at this moment as to be almost awe-inspiring. You will not interrupt me when I say that the Emperor is a great artist. Can I say more? We know nothing loftier. &hellip; And for that very reason it should be forbidden for every contemporary mediocrity to ape him. Amidst the splendour of the throne an undoubtedly unique personality may have full play; he may make speeches without arousing in us any expectation of more than mere words; he may flash and dazzle; he may provoke the hatred of imaginary rebels and the applause of the parterre, which never loses sight of its own bourgeois realities.&hellip;"

Diederich trembled, and all eyes and mouths were opened in tense excitement, as if Buck were walking on a tight rope between two towers. Would he fall? Sprezius held his beak in readiness to pounce, but not a trace of irony could be seen in the expression of the speaker, into which a suggestion of embittered enthusiasm had crept. Suddenly the corners of his mouth drooped and all the colour was extinguished about him.

"But a paper manufacturer in Netzig?" he queried. He had not tumbled, and was once more on solid ground! Everybody turned to look at Diederich and smiled. Emma and Magda also smiled. Buck secured his effect and Diederich admitted to himself sadly that their conversation yesterday in the street had been a general rehearsal for this. He cowered under the open scorn of the speaker.

"Nowadays paper-makers have ambitions; they aspire to a