If a discourse is to be judged by its effect, Laura's speech was a pattern, for it worked most disturbingly on the Magister. He had grown up among the people and customs of that little street, and could well appreciate the consequences which Laura's hostility would exercise on the needy circumstances of his private life. He, therefore, struggled for a time for words, and at last began, in a low voice:

"As even Miss Laura suspects me, I am undoubtedly compelled to tell how the affair stands. I know an old traveling pedlar who carries about with him various antiquities--wood-cuts, miniatures, and also fragments of old manuscripts, and anything of the kind that comes in his way. I have frequently obtained him customers, and given him information upon the value of rare things. This man, during his stay here, showed me a collection of old parchment leaves, concerning which he was already, he said, in negotiation with a foreigner. Attention being drawn to the double writing on the leaves, the strip appeared noteworthy to him, and to me also. I read some of it, as far as could be made out through the paste that lay upon it; and begged him at least to lend me the parchment that I might show it to our scholars. I carried it to Professor Struvelius, and as he judged that it might perhaps be worth the trouble of examining, I went again to the dealer. He told me he would not sell the strip outright, but he should like something to be written concerning it, as that would increase its value; and he delivered it into my hands till his return. This week he came again to take it away with him. I do not know whether it is still to be had, or whether he will take this money for it. I fear not."

The ladies looked at each other.

"You all hear this statement," began Mrs. Struvelius. "But why, Magister, did you beg my husband to tell no one that the parchment came from you?"

The Magister turned on his chair and again looked at his knees embarrassed.

"Ah, the lady will not be angry if I speak out. Professor Werner had always been very friendly to me, and I feared that he might take it amiss if I did not first show him such a discovery. But Professor Struvelius had also a claim to my gratitude, for he had graciously intrusted to me the proof-sheets and table of contents of the new edition of his great work. I was, therefore, in fear of offending two valuable patrons."

This was unfortunate, certainly, and not improbable.

"Oh! do contrive that your husband may hear him," exclaimed Mrs. Struvelius.

"We hope, Magister, that you will repeat your words before others who can understand the import of them better than we do," said Ilse.

The Magister expressed his willingness timidly.