is no man in Delgratz who has
had my training, and so assured am I of the success that will attend
your Majesty's reign that I purposely delayed my arrival here so that I
might not come empty handed. I passed a week in Vienna, working and
thinking twenty hours out of each twenty-four. I felt my way cautiously
with the leading financial houses there. Of course, I could not say
much, because I was unauthorized; but I have obtained guarantees that
will command the certain issue of a loan sufficient to give a start to
some, at least, of the many projects you have already foreshadowed in
your public speeches. Without a shadow of doubt I declare that as soon
as I am able to open negotiations with your approval, a loan of several
millions will be at your service."

Though the Greek was putting forward an obvious bait, it was evident
that the King was astonished by his outspoken declaration. "Do I
understand that you are applying for the post of Minister of Finance?"
he said in his straightforward way.

"Yes, your Majesty," replied Beliani.

"You appreciate, of course, that I occupy a somewhat peculiar position
here," said Alec. "I am a constitutional monarch backed by a
constitution that is little more than a name. This country really
demands an autocracy, whereas I have sworn to govern only by the will of
the people. In those circumstances I do not feel myself at liberty to
appoint or dismiss Ministers at my own sweet will. I assure you that I
am grateful for the offer of help you bring; but I cannot give you the
appointment you seek until, in the first place, I have consulted my
council and obtained its sanction."

Beliani bowed. "I will leave the matter entirely in your Majesty's
hands," he said, and by no sign did his well governed face betray his
satisfaction; for, with the King on his side, the astute Greek well knew
that he could pull the strings of the puppets in the Assembly to suit
his own ends.

"May I venture to suggest to your Majesty," he went on, "that there is
one thing that demands immediate attention? Your position cannot be
regarded as assured until you have received the recognition of the
chief European States. Has Austria made any move in that direction? Have
you been approached by Russia? One of those two will take the
initiative, and the others will follow."

"So far," said Alec, smiling, "I have been favored with a telegram from
the German Emperor, which his charge d'affaires tried to explain awa