I little guessed what world-shaking consequences were to derive from that move. But I was able to say enough to my friend to awaken in him a new interest in the man whom his sturdy Colonialism led him to describe as an “evil-looking Dago.”

Since then I have seen Ferdinand in varying circumstances, all of which have tended to increase my interest in him, without in any way adding to the sum of my liking for him, and all that he represents.

I can see him now, riding into Sofia in triumph, with a wreath of green leaves around his head, and a band of victorious Bulgarian warriors as his escort. It was the first time Sofia had ever really acclaimed him, and he looked almost human as he acknowledged the ringing plaudits of a people that was wont to turn away its face as he rode by.

I remember him, too, in Paris; at Longchamps the day of the Grand Prix. The elaborate precautions made that day by the police to prevent any of those untoward incidents of which he has lived in dread for a quarter of a century spoiled the whole day for the Parisians. It was impossible to move about the lawn without encountering cordons of gendarmes, placed there to afford a wide breathing space for the imitation Czar.

I also saw him at Carlsbad, very much at home among the Austrians, who are really the people of his choice. He maintained a monstrous state there, and his comings and goings were as good as any spectacle I have seen.

And always, wherever I encountered him, I heard stories. They were not nice stories, for he was the hero of them. But they represented the Continental opinion that he was distinctly a man of consequence; a man who would one day bulk big in the world’s history.

All these stories threw a bright light on the character of the supposed useless fop, who made Bismarck reverse his first contemptuous estimate of him. The final judgment of the old cynic was that Ferdinand was “a sharp young fellow.” They confounded entirely the British view of him, which has recently had to be revised.

For it is only too true that our attitude was that of the Rugby schoolboy. “We have heard of the Kaiser; and the Czar and the French President are our good friends. But who on earth is King Ferdinand of Bulgaria?”

The answer is plain to be read. He is the parvenu of princes, the outcast among Kings, the Czar of Shoddy. His history and habits, his ambitions and abilities, his amusements and amours, as far as I have been able to trace them, are set out in the following chronicle.