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Rh Knobelsdorff instructed his pupil in the harvest returns for the previous years, summed up the untoward events which had caused their decline, pointed to the deficiencies in the taxes, the figures of which he had brought with him, and referred to the underfed adults and children whom one might see throughout the country-side. Then he turned to the general condition of the gold market, discoursed on the rise in the value of gold and the general economic unsoundness. Klaus Heinrich learned also about the lowness of the Exchange, the restlessness of the creditors, the leakage of gold, and the bank smashes; he saw our credit shaken, our paper valueless, and grasped to the full that the raising of a new loan was almost impossible.

The night was closing in, it was long past five, when Herr von Knobelsdorff ended his statement of the national economics. At this time Klaus Heinrich usually had his tea, but this time he only gave a passing thought to it, and nobody outside dared to disturb a conversation whose importance was shown by its duration. Klaus Heinrich listened and listened. He scarcely realized how much affected he was. But how could the other bring himself to say all that to him? He had not called him "Royal Highness" one single time during the interview, he had to some extent forced him, and grossly ignored the fact that he was "born to be king." And yet it was good and stimulating to hear all that and to have to bury one self in it for reality's sake. He forgot to have the lights brought, his attention was so much occupied.

"It was these circumstances," concluded Herr von Knobelsdorff, "which I had in mind when I begged your Royal Highness to regard your personal wishes and plans continually in the light of the general good. I have no doubt that your Royal Highness will profit by this talk and by the facts I have been bold enough to put before