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Good-bye, Mr. Holm.

Holm (imperturbably polite). I wish you a very pleasant journey, Mr. Lind.

Lind (to PRAM). Good-bye, Mr. Pram.

Pram (holds his hand, and seems as if he wanted to say something but could not. At last he finds his voice). I want to thank you for--for--I want to thank you for--for--

Lind. You are an excellent fellow!

Pram (in a relieved voice). I am so glad to hear it! Thank you.

Lind (to KNUTZON). Good-bye, Mr.--

Knutzon (hastily). Knutzon.

Pram. With a "z."

Lind (to KNUDSEN). Good-bye, Mr.--

Knudsen. Knudsen, again.

Pram. With an "s."

Lind (to FALBE). Mr--?

Falbe. Falbe.

Lind. Good-bye, Mr. Falbe! (To RING.) I am delighted to see you looking so well, Mr. Ring.

Ring (with a low bow). The same to you, sir!

Lind. Good-bye, Mr. Vicar!

The Vicar (holding his hand, impressively). Let me wish you good luck and happiness, Mr. Lind--

Lind. Thank you. (Tries to get away.)

The Vicar.--in your journey over the perilous seas to foreign lands!

Lind. Thank you. (Tries to get away.)

The Vicar. Let me wish you a safe return, Mr. Lind--

Lind. Thank you very much. (Tries to get away.)

The Vicar.--to our dear fatherland; a land, Mr. Lind, which possesses in you--

Lind. You must excuse me, Mr. Vicar, but time presses.

The Vicar. Let me thank you for the pleasure of our meeting to-day, Mr. Lind, for--

Lind. Indeed, there is no occasion! Good-bye! (To JAKOBSEN.) Good-bye, Jakobsen, good-bye!

Jakobsen. Good-bye, Mr. Lind! I am only a common man, I know; but that is no reason why I shouldn't wish you a pleasant journey too, is it?

Lind. Certainly not, Jakobsen.--Good-bye, Mr. Finne! By the way--just a word! (In an undertone.) You said that Mr. Berent--. (Takes him aside.)

Tjaelde (to HAMAR). Now, remember the salute this time!--No, no, no! Don't be in such a hurry! Wait till the boat puts off! You want to make a mess of it again!

Hamar. Well, if ever again I--!

Tjaelde (to LIND, who holds out his hand to him). Goodbye, Mr. Lind! (In a low voice.) No one has so much reason to thank you for your visit as I. You are the only one that can understand--.

Lind (a shade coldly). Don't mention it, Mr. Tjaelde! Good luck to your business! (In warmer tones.) Good-bye everybody--and thank you all for your kindness! (The footman, who has for some time been holding out his hat to him, gives it him, and his coat to SANNAES. LIND steps on board the boat.)

All. Good-bye, Mr. Lind, good-bye!

Tjaelde. One cheer more! (Cheers and a cannon salute are heard together. The boat glides away. They all wave their handkerchiefs. TJAELDE hurries into the room.) I have no handkerchief; that blockhead has--. (Looks at VALBORG.) Why are you not waving?

Valborg. Because I don't wish to. (TJAELDE looks at her, but says nothing. He goes into the other room and comes back with a table-napkin in each hand, and hurries on to the verandah.)

Tjaelde (waving and shouting). Good-bye! Good-bye!

Signe. Let us go out to the point and see the last of them!

All. Yes, yes! (All but TJAELDE and VALBORG hurry off to the right.)

Tjaelde (coming into the room). I saw Berent coming! (VALBORG goes out by the door on the right. TJAELDE comes forward, throws the napkins on to a table and himself into a chair.) Oh--oh! But this must be the last time.--I shan't need this sort of thing any more! Never again! (Gets up wearily.) Ah, I had forgotten. Berent!

[The Curtain falls.]

[The interval between this scene and the next should be as short as possible.]


SCENE II

(SCENE.-TJAELDE'S private office. On the left, a desk strewn with ledgers and papers. On the right, a stove. An easy chair by the stove. A table in the foreground to the right; on it an inkstand and pens. Two armchairs; one at the table facing the audience, the other at the side of the table. Windows on either side of the desk; a door beyond the stove. A door in the background, leading to other offices. A bell-pull hangs down the wall. A chair on either side of the door. Quite at the back, on the left, a staircase leading direct to TJAELDE'S bedroom. BERENT and TJAELDE come in from the back.)

Tjaelde. You must excuse my receiving you here. But the other rooms are all upside down; we have had some people to dinner.

Berent. I heard you had guests.

Tjaelde. Yes, Mr. Lind from Christiana.

Berent. Quite so.

Tjaelde. Won't you sit down? (BERENT lays down his hat and coat on a chair by the door. He comes slowly forward, sits down at the side of the table, and takes some papers from his breast-pocket. TJAELDE sits down at the other chair by the table and watches him indifferently.)

Berent. What we now want is some fixed standard by which to make our valuations, especially of real estate. Have you any objection to our making your business a basis for arriving at that?

Tjaelde. None at all.

Berent. Then may I make my comments on your own figures, and ask you a few questions about them?

Tjaelde. By all means.

Berent. Well, to begin with, let us take your properties immediately round here; they will give us the best idea of local values. For instance, take the Mjolstad forest; you have put that down, I see, at L16,500.

Tjaelde (indifferently). Have I?

Berent. You bought it for L10,000.

Tjaelde. Yes, four years ago. Timber prices ruled low then.

Berent. And since then you have cut down more than L20,000 worth of timber there.

Tjaelde. Who told you so?

Berent. Mr. Holst.

Tjaelde. Holst knows nothing about it.

Berent. We must try to be very accurate, you know.

Tjaelde. Well, of course, the whole valuation is not my concern; but those whom it does concern will protest.

Berent (taking no notice of his objection). So I think we will reduce the L16,500 to L10,000.

Tjaelde. To L10,000! (Laughs.) As you please.

Berent. Calculating by the same standard, we can scarcely put down the Stav forest at more than L4000.

Tjaelde. Allow me to say that, if that is the way you are going to make your valuation, everybody in the place will have to go bankrupt!

Berent (with a smile). We will risk that. You have put down your wharf and its contents at L12,000.

Tjaelde. Including two ships in course of construction--

Berent.--for which it would be difficult to find a purchaser, as they are so far from completion.

Tjaelde. Indeed?

Berent. So I think we cannot put down the wharf and its contents at a higher figure than L8,000--and I believe even that will turn out to be too high.

Tjaelde. If you can find me another wharf as well stocked, and with the advantages that this one has, I will buy it whenever you like for L8000; I am certain I should be more than L4000 to the good over the bargain.

Berent. May I go on?

Tjaelde. If you like! I even feel a certain curiosity to view my possessions under such an entirely new light.

Berent. As a matter of fact the items that are too highly valued are just those that comprise this property that you live on--its land, its gardens, its dwelling houses, warehouses, and quays-not to mention the brewery and the factory, which I shall come to later. Even regarded as business premises they seem to me to be over-valued.

Tjaelde. Well?

Berent, Moreover, the luxurious appointments of this house of yours, which would very probably be superfluous for any one else, cannot possibly be counted upon to realise their full value in a sale. Suppose--as is indeed most likely--that it were a countryman that bought the place?

Tjaelde. You are reckoning me as turned out of it already, then!

Berent. I am obliged to base all my calculations on what the property would fetch if sold now.

Tjaelde (getting up). What may you happen to value it at then?

Berent. At less than half your valuation; that is to say at--

Tjaelde. You must really forgive me if I use an expression which has been on the tip of my tongue for some time: this is scandalous! You force yourself into a man's house, and then, under pretext of asking for his opinion, you practically--on paper--rob him of his possessions!

Berent. I don't understand you. I am trying to arrive at a basis for values hereabouts; and you said yourself, did you not, that it is a matter that does not concern you alone?

Tjaelde. Certainly; but even in jest--if I may be allowed the expression--one does not take the statement that an honourable man has voluntarily offered and treat it as a mendacious document.

Berent. There are many different points of view from which valuations can be made, obviously. I see nothing more in it than that.

Tjaelde. But don't you understand that this is like cutting into my living flesh? Bit by bit, my property has been brought together or created by my own work, and preserved by the most strenuous exertions on my part under terribly trying conditions--it is bound up with my family, with all that is dear to me--it has become a part of my very life!

Berent (with a bow). I understand that perfectly. You have put down the Brewery at--

Tjaelde. No; I refuse to allow you to go on in this way. You must find some one else's property as a basis for your calculations--you must consult some one else, whose idea of business corresponds somewhat closer to your own ridiculous one.

Berent (leaning back in his chair). That is a pity. The banks were anxious to be acquainted with your answers to my observations.

Tjaelde. Have you sent my statement to the banks?

Berent. With my remarks and comments on it, and Mr. Holst's.

Tjaelde. This has been a trap, then? I believed I had to deal with a gentleman!

Berent. The banks or I, what is the difference? It comes to the same thing, as I represent them unreservedly.

Tjaelde. Such impudent audacity is unpardonable!

Berent. I would suggest that we avoid hard words--at all events, for the moment--and rather consider the effect that will be produced by the balance-sheet sent in.

Tjaelde. That some of us will see!

Berent. The banking house of Lind & Co., for instance?

Tjaelde. Do you mean to say that my balance-sheet, ornamented with marginal notes by you and Holst, is to be submitted to Mr. Lind's firm too?

Berent. When the cannon-salutes and noise of your festivities enlightened me as to the situation, I took the liberty of making some inquiries of the banks.

Tjaelde. So you have been spying here, too? You have been trying to undermine my business connections?

Berent. Is your position such, then, that you are afraid?

Tjaelde. The question is not my position, but your behaviour!

Berent. I think we had better keep to the point. You have put down the Brewery at--

Tjaelde. No; your conduct is so absolutely underhanded that, as an honest man, I must refuse all further dealing with you. I am, as I said before, accustomed to have to deal
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