"Dear Knobelsdorf," said Frederick, turning to his gasping secretary, who stood amazed behind the Jew, "I pray you to assemble all the ladies and gentlemen in the garden; we are going yachting; I will be with you in five minutes."

"Five minutes," said Ephraim to himself, as Knobelsdorf withdrew, "only one moment's audience for every thousand dollars! This is a proud debtor; I would have done better not to place myself in his power. But I will not be frightened, I will stand up boldly for my rights!"

"And now, what have you to say to me?" said the prince, fixing his angry eyes upon Ephraim.

"What have I to say to your highness!" said Ephraim, astonished. "More than a year ago I lent your highness four thousand dollars! I have as yet received neither principal nor interest."

"Well, what more?"

"What more!" said Ephraim.

"Yes, what more? It is impossible that you have come from Berlin to Rheinsberg to tell me what I have known for a year as well as yourself."

"I thought your highness had forgotten," said the Jew, fixing his eyes upon the prince, but casting them suddenly to the floor, as he met the flashing glance of Frederick.

"Forgotten," said he, shrugging his shoulders; "I have a good memory for every act of kindness, and also for every offence against the respect and reverence due to the son of the king."

His voice was so harsh and threatening, that Ephraim trembled in his inmost heart, and stammered some words of apology.