Berent. I think you misunderstand the situation. Your indebtedness to the banks is so considerable that a settlement of it may reasonably be required of you. But to effect that you must work with us in the matter.

Tjaelde (after a moment's thought). Very well! But, no more details--let me know your conclusions, briefly.

Berent. My conclusions, briefly, are that you have estimated your a.s.sets at 90,800. I estimate them at 40,600.

Tjaelde (quietly). That is to say, you make me out to have a deficit of about 30,000?

Berent. As to that, I must point out that your estimate of your liabilities does not agree with mine, either.

Tjaelde (quietly). Oh, of course not!

Berent. For instance, the dividend that Moller's estate is to yield to you.

Tjaelde. No more details! What do you put my total liabilities at?

Berent. Let me see. Your total liabilities amount, according to your calculations, to 70,000. I estimate them at 80,000--to be precise, at 79,372.

Tjaelde. That puts my deficit at about--

Berent. At about 39,400--or, in round figures, 40,000.

Tjaelde. Oh, by all means let us stick to round figures!

Berent. So that the difference between your views of your balance-sheet and mine is that, whereas you give yourself a surplus of about 20,000, I give you a deficit of about 40,000.

Tjaelde. Thank you very much.--Do you know my opinion of the whole matter? (BERENT looks up at him.) That I am in this room with a madman.

Berent. I have had the same opinion for some time.--The stock of timber you hold in France I have not been able to deal with; you have forgotten to include it in your account. Perhaps it may make a little difference.

Tjaelde. It is of no consequence! I have often enough heard people speak of your callousness and your heartlessness; but their account of you has come nowhere near the truth. I don't know why I have not turned you out of my house long before this; but you will have the goodness to leave it now!

Berent. We shall both leave presently. But before we do, we must discuss the question of handing over the house to the Receiver in Bankruptcy.

Tjaelde. Ha, ha, ha! Allow me to inform you that at this very moment a sum is being telegraphed to me which will be sufficient not only to cover my present liabilities, but to set me straight in every direction!

Berent. The telegraph is a useful invention which is open to every one.

Tjaelde (after a moment's thought). What do you mean by that?

Berent. One effect of the noise of your festivities was that I used the telegraph also. Mr. Lind will receive, on board the boat, a telegram from his firm--and I doubt if the money you speak of will be forthcoming.

Tjaelde. It is not true! You have not dared to do that!

Berent. The facts are exactly as I state.

Tjaelde. Give me my balance-sheet; let me look at it again. (Stretches out his hand to take it.)

Berent (taking it up). Excuse me!

Tjaelde. Do you presume to keep back my own balance-sheet in my own writing?

Berent. Yes, and even to put it in my pocket. (Does so.) A fraudulent balance-sheet, dated and signed, is a doc.u.ment of some importance.

Tjaelde. You are determined to ruin my private and public reputation?

Berent. You have been working for that yourself for a long time. I know your position. For a month past I have been in correspondence with all the quarters in which you have business connections, both here any I abroad.

Tjaelde. What underhanded deceitfulness an honest man is exposed to!

Here have I been surrounded by spies for the last month! A plot between my business acquaintances and the banks! A snake creeping into my house and crawling over my accounts! But I will break up the conspiracy! And you will find out what it mean, to try and ruin a reputable firm by underhand devices!

Berent. This is no time for fine phrases. Do you propose to surrender your property at once?

Tjaelde. Ha, ha! I am to surrender it because you have made me out a bankrupt on your bit of paper!

Berent. You might conceal the facts for a month, I know. But for your own sake, and especially for the sake of others, I would urgently advise you to end the matter at once. That was the reason of my journey here.

Tjaelde. Ah, now the truth is out! And you came here pretending a friendly concern that the tangle should be straightened out! We were to distinguish between the sound and unsound firms, and you requested me, most politely, to give you my a.s.sistance in the matter!

Berent. Exactly. But there is no question of anything unsound here except your own business and what is bound up with it.

Tjaelde (when he has controlled himself). So you came into my house with the hidden design of ruining me?

Berent. I must repeat that it is not I that am responsible for your bankruptcy; it is yourself.

Tjaelde. And I must repeat that my bankruptcy only exists in your imagination! Much may happen in a month; and I have shown that I can find a way out of difficulties before now!

Berent. That is to say, by involving yourself deeper and deeper in falsehood.

Tjaelde. Only a man of business can understand such things. But, if you really understand them, I would say to you: "Give me 20,000 and I will save the situation entirely." That would be doing something worthy of your great powers; that would give you a reputation for penetration in discerning the real state of affairs; because by so doing you would safeguard the welfare of more than a thousand people, and ensure a prosperous future for the whole district!

Berent. I don't rise to that bait.

Tjaelde (after a moment's reflection). Do you want me to explain to you how 20,000 would be sufficient to set the whole complicated situation straight? Within three months remittances would be coming in. I can make it its clear as daylight to you--

Berent.--that you would be falling from one disillusionment to another!

That is what you have been doing for the last three years, from month to month.

Tjaelde. Because the last three years have been bad years--horrible years! But we have reached the crisis; things must begin to improve now!

Berent. That is what every defaulter thinks.

Tjaelde. Do not drive me to despair! Have you any idea what I have gone through in these three years? Have you any idea what I am capable of?

Berent. Of still further falsehood.

Tjaelde. Take care!--It is quite true that I am standing on the edge of a precipice. It is true that for three years I have done everything in mortal power to save the situation! I maintain that there has been something heroic in the fight I have made. And that deserves some reward. You have unrestricted powers; every one trusts you. Realise for yourself what your mission is; do not let it be necessary for me to teach it you! Let me tell you this, emphatically: it will be a dreadful thing for _you_ if hundreds of people are to be ruined unnecessarily now!

Berent. Let us make an end of this.