hreatened the business. To him the situation of
the house must have appeared critical, but by no means hopeless. But for
the Siebenburgs and the other bandits, who transformed the last important
and promising venture of the firm into a great loss, and with the sale of
the landed property, it might perhaps have speedily risen, and under
prudent and skilful management regained its former prosperity. The
enormous sum to which the debt to Samuel Pfefferkorn increased gives the
position of affairs a different aspect. Since, as protector of the Jew, I
must insist upon the payment of this capital with the usual interest, the
old Eysvogel firm will be unable to meet its obligations--nay, its
creditors can be but partially paid. Therefore nothing remains for us to
do save to consider how to protect as far as possible our city and the
citizens who are interested. Yet, in my opinion, the entire firm does not
deserve punishment--only the father, who concealed from his upright son
his own accounts and those of Samuel Pfefferkorn, and--it is hard for me
to say this in Herr Casper's presence;--also, when the peril became
urgent, illegally deprived his business partner of the possibility of
obtaining a correct view of the real situation of affairs. So, in the
Emperor's name, let justice take its course."

These words pronounced the doom of the ancient, great, and wealthy
Eysvogel firm; yet the heart of Els throbbed high with joy when, after a
brief interchange of opinions between the assembled members of the
Council, the imperial magistrate, turning to Herr Vorchtel, again began:
"As Chief Losunger, it would be your place, Herr Berthold, to raise your
voice on the part of the Honourable Council in defence of the accused;
but since we are all aware of the great grief inflicted upon you by the
son of the man in whose favour you would be obliged to speak, we should,
I think, spare you this duty, and transfer it to Herr Hans Schtirstab,
the second Losunger, or to Herr Albert Ebner, the oldest of the governing
burgomasters, who, though equally concerned in this sad case, are less
closely connected with the Eysvogels themselves."

Els uttered a sigh of relief, for both the men named were friendly to
Wolff; but Herr Vorchtel had already risen and began to speak, turning
his wise old head slowly to and fro, and drawing his soft grey beard
through his hand.

He commenced his address as quietly as if he were talking with friends at
his own tab