He was from time to time compelled to talk quickly to hide his emotion, for he felt what he said.

And when he came to the grown-up children, when he imagined his dear son a partner in his business, and spoke of grandchildren and so on, his words acquired a ring of eloquence which astonished all his hearers, and his peroration was greeted with hearty applause.

'For, gentlemen, it is in these children that we, as it were, continue our existence. We leave them not only our name, but also our work. And we leave them this, not that they may idly enjoy its fruits, but that they may continue it, extend it—yes, do it much better than their fathers were able to. For it is our hope that the rising generation may appropriate the fruits of the work of the age, that they may be freed from the prejudices that have darkened the past and partially darken the present; and, in drinking the health of the young, let us wish that, steadily progressing, they may become worthy of their sires—yes, let us say it—outgrow them.

'And only when we know that we leave the work of our generation in abler hands, can we calmly look forward to the time when we shall bid adieu to our daily task, and then we may confidently reckon upon a bright and glorious future for our dear Fatherland. A health to the Young!'

The hostess, who had ventured nearer when she heard that the speech was going on well, was proud of her husband; the whole company was in an exhilarated humour, but the gladdest of all was the student.

He had stood a little in awe of his father, whose severely patriarchal principles he well knew. He now heard that the old man was extremely liberal-minded towards youth, and he was very glad to be enabled to discourse with him upon serious matters.

But, for the moment, it was only a question of jesting; à propos of the toast, there ensued one of those interesting table-talks, about who was really young and who old. After the company had arrived at this witty result, that the eldest were in reality the youngest, they adjourned to the dessert-table, which was laid in the ladies' room.

But, no matter how gallant the gentlemen—especially those of the old school—may be towards the fair sex, neither feminine amiability nor the most recherché dessert has power to stop them for long on their way to the smoking-room. And soon the first faint aroma of cigars, so great a luxury to smokers, announced the beginning of that process which has obtained for our ladies the fame of being quite smoke-dried.

The student and a few other young gentlemen remained for a time with the young ladies—under the strict surveillance of the elder ones. But little by little they also were swallowed up in the gray cloud which indicated the way that their fathers had taken.

In the smoking-room they were carrying on a very animated conversation upon some matter of social politics. The host, who was speaking, supported his view with a number of 'historical facts,' which, however, were entirely unreliable.