[...] For to-day [...] I must tell you of my gratitude for the remarkable patience, skill and energy which you have brought to bear on my unfortunate position in respect of the Dramatic Festival deficit, and also inform you that to my great joy—through the King's noble friendship to me—your efforts have led to a satisfactory issue. This turn of affairs pleases me because—basically—it is the expected results of my own works, which are now to give us means to combat the evil material consequences of 1876. That is creditable. Yet I owe it solely to your faith in the ultimate issue, that the King's kindly action can bring us real and prompt deliverance from our trying situation. [...]
Source: Letters of Richard Wagner, Vol. 2, selected and ed. Wilhelm Altmann, trans. M. M. Bozman (J. M. Dent & Sons, 1927), No. 710