"I cannot conceive why you come to me with this," said William.

"To warn you, Monseigneur."

"Of what?" flashed the Prince.

"Of France," answered M. D'Avaux impressively.

William drew a deep breath.

"You should know better than to seek to frighten me, M. D'Avaux. I am not by nature timorous."

"I warn Your Highness," repeated the Ambassador. "I remind you that you are not a sovereign Prince."

"I rule a sovereign state, Monsieur."

"The first magistrate of a republic, Monseigneur, cannot behave as a king. Since Your Highness will give me no satisfaction, I shall go to the States."

"You will do as you wish," answered William; "but you are, nevertheless, perfectly well aware that I rule the States."