“Just as the capitalist is getting it in New York,” was the response. “At present the Nibelungs hide their wealth; I mean to broaden their minds, and establish a system of credit. I mean to teach them ideals of usefulness and service, to establish the arts and sciences, to introduce machinery and all the modern improvements that tend to increase the centralization of power; I shall be master—just as I am here—because I am the strongest, and because I am not a dupe.”

“I see,” I said; “but all this will take a long time.”

“Yes,” said he, “I know; it is the whole course of history to be lived over again. But there will be no mistakes and no groping in this case, for I know the way, and I am king. It will be a sort of benevolent despotism—the ideal form of government, as I believe.”

“And you are sure there is no chance of your plans failing?”

“Failing!” he laughed. “You should have seen how they have worked so far.”

“You have begun applying them?”

“I have been down to Nibelheim twice since the death of dear grandpa,” said the prince. “The first time, as you imagine, there was tremendous excitement, for all Nibelheim knew what a bad person I had been, and stood in terror of my return. I got them all together and told them the truth—that I had become wise and virtuous, that I meant to respect every man’s property, and that I meant to consecrate my whole endeavor to the developing of the resources of my native land. And then you should have witnessed the scene! They went half wild with rejoicing; they fell down on their knees and thanked me with tears in their eyes: I played the pater patriae in a fashion to take away your breath. And afterwards I went on to explain to them that I had discovered very many wonderful things up on the earth; that I was going to make a law forbidding any of them to go there, because it was so dangerous, but that I myself was going to brave all the perils for their sakes. I told them about a wonderful animal that was called a steam-drill, and that ate fire, and dug out gold with swiftness beyond anything they could imagine. I said that I was going to empty all my royal treasure caves, and take my fortune and some of theirs to the earth to buy a few thousand of these wonderful creatures; and I promised them that I would give them to the Nibelungs to use, and they might have twice as much gold as they would have dug with their hands, provided they would give me the balance. Of course they agreed to it with shouts of delight, and the contracts were signed then and there. They helped me get out all my gold, and I took them down the steam-drills, and showed them how to manage them; so before very long I expect to have quite a snug little income.”

The Prince

By Niccolo Machiavelli

(Italian courtier, author of a famous treatise on statecraft: 1469-1527)