These words pronounced the doom of the ancient, great, and wealthy Eysvogel firm; yet the heart of Els throbbed high with joy when, after a brief interchange of opinions between the assembled members of the Council, the imperial magistrate, turning to Herr Vorchtel, again began: “As Chief Losunger, it would be your place, Herr Berthold, to raise your voice on the part of the Honourable Council in defence of the accused; but since we are all aware of the great grief inflicted upon you by the son of the man in whose favour you would be obliged to speak, we should, I think, spare you this duty, and transfer it to Herr Hans Schtirstab, the second Losunger, or to Herr Albert Ebner, the oldest of the governing burgomasters, who, though equally concerned in this sad case, are less closely connected with the Eysvogels themselves.”

Els uttered a sigh of relief, for both the men named were friendly to Wolff; but Herr Vorchtel had already risen and began to speak, turning his wise old head slowly to and fro, and drawing his soft grey beard through his hand.

He commenced his address as quietly as if he were talking with friends at his own table, and the tones of his deep voice, as well as the expression of his finely moulded aged features, exerted a soothing influence upon his listeners.

Els, with a throbbing heart, felt that nothing which this man advocated could be wrong, and that whatever he recommended would be sure of acceptance; for he stood amongst his young and elderly fellow directors of the Nuremberg republic like an immovably steadfast guardian of duty and law, who had grown grey in the atmosphere of honesty and honour. Thus she had imagined the faithful Eckart, thus her own Wolff might look some day when age had bleached his hair and labour and anxiety had lined his lofty brow with wrinkles; Berthold Vorchtel, and other “Honourables” who resembled him; grey-haired Conrad Gross; tall, broad-shouldered Friedrich Holzschuher, whose long, snow-white hair fell in thick waves to his shoulders; Ulrich Haller, in whose locks threads of silver were just appearing, princely in form and bearing; stately Hermann Waldstromer, who had the keen eyes of a huntsman; the noble Ebner brothers, who would have attracted attention even in an assembly of knights and counts—nay, the Emperor Rudolph was probably thinking of the men below when he said that the Nuremberg Council reminded him of a German oak wood, where firm reliance could be placed on every noble trunk.

Herr Berthold Vorchtel was just such a noble, reliable tree. Els told herself so, and though she knew how deeply he was wounded when Wolff preferred her to his daughter Ursula, and how sorely he mourned his son Ulrich’s death, she was nevertheless convinced that this man would bear the Eysvogels no grudge for the grief suffered through them, for no word which was not just and estimable would cross his aged lips.

She was not mistaken; for after Herr Berthold had insisted upon his right to raise his voice, not in behalf of Herr Casper but for his business firm and its preservation, he remarked, by way of introduction, that for the sake of Nuremberg he would advise that the Eysvogel house should not be abandoned without ceremony to the storm which its chief had aroused against the ancient, solid structure.

Then he turned to the papers and parchments, to which the city clerk had just added several books and rolls. His address, frequently interrupted by references to the documents before him, sounded clear and positive. The amount of the sums owed by the Eysvogel firm, as well as the names of its creditors in Nuremberg, Augsburg, Ulm, and Regensburg, Venice, Milan, Bruges, and other German and foreign cities, formed the most important portion of his speech. During its progress he frequently seized a bit of chalk and blackboard, writing rapidly on the green table whole rows of figures, and the young burgomasters especially exchanged admiring smiles as the experienced old merchant added and subtracted in an instant sums for which they themselves would have needed twice as much time.

The figures and names buzzed in the ears of the listener at the window like the humming of a swarm of gnats. To understand and remember them was impossible, and she gazed in astonishment at the old man who so clearly comprehended the confused tangle and drew from it so readily just what he needed for his purpose.

When he closed, and with a loud “Therefore” began to communicate the result, she summoned all the mental power she possessed in order to understand it. She succeeded, but her knees fairly trembled when she heard the sum which the house was obliged to repay to others.

Yet, when Herr Berthold lastly gave the estimate of the Eysvogel property in merchandise, buildings, and estates, she was again surprised. She had not supposed that Wolff’s proud family was so wealthy; but the close of this report brought fresh disappointment, for including the sum which Herr Casper had borrowed from the Jew Pfefferkorn, the debts of the firm exceeded its possessions far more than Els had expected from the amount of its riches.