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.

She was wholly ignorant of the condition of her own father's property; but she thought she knew that it was far from being enough to suffice here. And this appeared to be the case, for when Berthold Vorchtel resumed his speech he alluded to Ernst Ortlieb. In words full of sympathy he lamented the unprecedented insult which had led him to commit the deed of violence that prevented his sharing in this consultation. But before his removal he had given him an important commission. Upon certain conditions—but only upon them—he would place a considerable portion of his fortune at his disposal for the settlement of this affair. Still, large as was the promised sum, it would by no means be sufficient to save the Eysvogel business from ruin. Yet he, Berthold Vorchtel, was of the opinion that its fall must be prevented at any cost. The sincerity of this conviction he intended to prove by the best means at a merchant's command-the pledge of his own large capital.

These words deeply moved the whole assembly, and Els saw her uncle glance at the old gentleman with a look which expressed the warm appreciation of a man of the same mind.

Casper Eysvogel, who, lost in thought, had permitted the statements of the Losunger, which were mingled with many a bitter censure of his own conduct, to pass without contradiction—nay, apparently in a state of apathy in which he was no longer capable of following details—straightened his bowed figure and gazed enquiringly into Herr Berthold's face as if he did not venture to trust his own ears; but the other looked past him, as he added that what he was doing for the Eysvogel business was due to no consideration for the man who had hitherto directed it, or his family, but solely on account of the good city whose business affairs the confidence of the Council had summoned him to direct, and her commerce, whose prosperity was equally dear to most of the Honourables around him.

Cries and gestures of assent accompanied the last sentence; but Berthold Vorchtel recognised the demonstration by remarking that it showed him that the Council, in the name of the city, would be disposed to do its share in raising the amount still lacking.

This statement elicited opposition, expressed in several quarters in low tones, and from one seat loudly, and Herr Berthold heard it. Turning to Peter Ammon, one of the Eysvogels' principal creditors, who was making the most animated resistance, he remarked that no one could be more unwilling than himself to use the means of the community to protect from the consequences of his conduct a citizen whose own errors had placed him in a perilous position, but, on the other hand, he would always—and in this case with special zeal—be ready to aid such a person in spite of the faults committed, if he believed that he could thus protect the community from serious injury.