"By Jove!" Truyn exclaimed with delight, "superb, Ossi, superb! I have rarely seen four such beauties together!"

"Nor have I," said Oswald, examining the horses critically, "unfortunately they are not mine--they belong to Capriani."

"Impossible!" Truyn said disdainfully, "speculator that he is, he may bore through the isthmus of Panama, for all I care, but he cannot get together such a four-in-hand as that."

"Fritz Malzin selected and arranged it for him," Oswald explained. "Poor Fritz!"

"I cannot understand him," Truyn said in an undertone, and hastily changing the subject, he asked: "Have you come to terms with Capriani, about the Kanitz affair, Ossi? Could not the sale be revoked?"

"The matter would have been very difficult to adjust, I am told--of course I understand nothing of such things,--" replied Oswald, "but Capriani--what will you say to this, uncle?--yielded the point, 'out of special regard' for me, as his lawyer informed Dr. Schindler. Between ourselves, it was--what word shall I use?--audacious, for I have never spoken to him in my life, and yet I had to accept his uncalled-for courtesy, for Schmitt's sake."

"Remarkable, very!" said Truyn, "We usually have to pay dear for the courtesies of a Capriani and his kind!"

"Have you everything, Ella?" asked Zinka, "shall we start?"

"I should like to have my hand-bag, Hortense has left it with the large luggage."

Meanwhile, with an unpleasant smile and hat in hand, a sallow-faced, grey-haired, elderly man, with the look of a bird of prey, approached the Countess Wjera, and held out his right hand. "I am immensely gratified, your Excellency, after so long a time ....!"