"We must wish, then, for Russia's sake, that the catastrophe come as quickly as possible?"

"I repeat to you that it is perhaps nearer than we all think or are willing to admit. That is the hope; that is our secret consolation."

Such was the substance of my long interview with one of the best judges of present-day Russia, from which I have omitted only those places and versions which would render their author easily recognizable. For the rest, I must say here that, with slight variations, the statements of all the other competent persons whom I had the opportunity to meet agreed with those of my present informant. The unwritten public opinion of Russia is absolutely of the same mind in its judgment of existing conditions; it differs only as to the remedies.

"We are near to collapse—an athlete with great muscles and perhaps incurable heart weakness," repeated the statesman at parting. "We still maintain ourselves upright by stimulants, by loans, which, like all stimulants, only help to ruin the system more quickly. With that we are a rich country with all conceivable natural resources, simply ill-governed and prevented from unlocking its resources. But is this the first time that quacks have ruined a Hercules that has fallen into their hands? Whoever shall free us from these quacks will be our benefactor. We need light and air, and we shall then surprise the world by our abilities and achievements."


XIII THE RUSSIAN FINANCES

It was shortly after the Port Arthur naval catastrophe that I sought out a bank director, with whom I had become acquainted, to talk with him upon the financial effects of the war, that had had such noteworthy results on the floors of European exchanges. To my astonishment, I found the comfortable bank director very calm.

"The system will still help us out," said he, evasively, to my question whether Russia would have to face a financial crisis after the war.