"Emperor," said I, "this is no time for vain compliments, however pleasing to me they may be. Let us get down to business. Let us talk about the great problems of the day."

"As you will, Princess," he replied. "To begin with, we were born—"

"Pardon me, sire," I interrupted. "But I know all about your history."

"They study us in your schools, do they? Ah, well, they do rightly," said the Emperor, with a wink of satisfaction at himself in the glass. "They indeed do rightly to study us. When one considers what we are the result of! Far back, Princess, in the days of Thor, the original plans for William Second were made. This person, whom we have the distinguished and sacred honor to be, was contemplated in the days when chaos ruled. Gods have dreamed of him; goddesses have sighed for him; epochs have shed bitter tears because he was not yet; and finally he is here, in us—incarnate sublimity that we are!"

The Emperor thumped his chest proudly as he spoke, until the gold on his uniform fairly rang.

"Are we—ah—are we appreciated in America?" he asked.

"To the full, Emperor—to the full!" I replied, instantly. "I do not know any country on the face of this grand green earth where you are quoted more often at your full value than with us."

"And—ah," he added, with a slight coyness of manner—"we are—ah—supposed to be at what you Americans call par and a premium, eh?"

"Emperor," said I, "you are known to us as yourself."