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more paupers. Russia, an ignorant nation, whose ruling class is composed of men without morals and without ideals--thieves and drunkards and vain braggarts. There remains America, and at first glance it might seem that here is the nation to be entrusted with the great work. But, after all, it is a nation of money-grubbers, ruled by a money-trust, where wealth is worshipped as no other nation worships rank; a nation without culture, without experience in world-politics, without self-control, loudly vain, inept, wasteful, childish--a nation, in other words, at the awkward age between youth and manhood. "Let us now turn to Germany. I speak only what is within the knowledge of all intelligent men when I say that in manufacture, in agriculture, in the administration of government, in science, in literature, in music, in general culture, Germany is first among nations. Some may quarrel with her military policy, but none can question her progress or her achievements. All other nations come to Germany to learn. This is not exaggeration; it is calm statement of fact. I firmly believe that to-day, intellectually, morally, materially, Germany is the first nation in the world. And it is altogether fitting that she should be chosen as the leader of the world and arbiter of the affairs of all nations." Vard had risen from his seat during this discourse, which was delivered with emphasis and conviction, and paced nervously up and down the cabin, his face drawn, a deep line between his brows. And Pachmann watched him curiously. So did the Prince watch him, wondering what he would reply. He did not leave them long in doubt. "In answer to you, Admiral Pachmann," he said, speaking slowly and carefully, as though weighing every word, "I can only say this: I do not dispute Germany's great achievements; no man can do that. It is probably true that in science, in learning, in general culture, and in efficiency, she is, as you say, first among nations. Her people are a great people--but it is not them you represent. You represent an hereditary monarch, the only one in western Europe who still speaks of the divine right of Kings--a man who would be an absolute autocrat, if he dared. Supporting him is a powerful circle of hereditary nobles, whose interest it is to increase in every possible way the prestige and power of the throne. At their command, ready to do their bidding, is a magnificent army and a great navy. Did your Emperor possess
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