“Stross not only creates an alternate world that is fascinating and original, he even does the unheard of, for a fantasist: His depiction of our world is deep and real. His characters behave in ways that make sense. They know all the things they should know, and don’t know the things they shouldn’t. The result is that we readers can trust this author completely, dive into this story and let it carry us wherever the current flows.

“Not to mention the fact that it’s simply a great adventure, full of danger, of plots within plots, of forbidden love, and political murder.”

—Orson Scott Card

For my parents

Contents

Part 1: Business Plans

Learned Counsel

Pawnbroker

Part 2: Point Of Divergence

History Lesson

Cleaning The Air

Gold Bugs

Part 3: Capitalism for Beginners

Interrogations

Agreements

Snark Hunting

Part 4: Stakeout

Tip Off

Facing The Music

Extraordinary Meeting

Part 5: Meltdown

Escape Plans

Going Postal

Epilogue

Preview

Part 1

Business Plans

Learned Counsel

The committee meeting was entering its third hour when the king sneezed, bringing matters to a head. His Excellency Sir Roderick was speaking at the time of the royal spasm. Standing at the far end of the table, before the red velvet curtains that sealed off the windows and the chill of the winter afternoon beyond, Sir Roderick leaned forward slightly, clutching his papers to his bony chest and wobbling back and forth as he recited. His colorless manners matched his startling lack of skin and hair pigmentation: He kept his eyes downcast as he regurgitated a seemingly endless stream of reports from the various heads of police, correspondents of intelligence, and freelance informers who kept his office abreast of news.

“I beg your pardon.” A valet flourished a clean linen handkerchief before the royal nose. John Frederick blinked, his expression pained. “Ah-choo!” Although not yet in middle age, the king’s florid complexion and burgeoning waistline were already giving rise to worries among his physiopaths and apothecaries.

Sir Roderick paused, awaiting the royal nod. The air in the room was heavy with the smell of beeswax furniture polish, and a faint oily overlay from the quietly fizzing gas lamps. “Sire?”

“A moment.” John Frederick, by grace of God king-emperor of New Britain and ruler of the territories and dependencies thereof, took a fresh handkerchief and waved off his equerry while anxious faces watched him from all sides. He breathed deeply, clearly battling to control the itching in his sinuses. “Ah. Where were we? Sir Roderick, you have held the floor long enough—take a seat, we will return to you shortly. Lord Douglass, this matter of indiscipline among the masses troubles me. If the effects of the poor grain harvest last year are not mitigated in the summer, as your honorable colleague forecasts”—a nod at Lord Scotia, minister for rural affairs—“then there will be fertile soil for the ranters and ravers to till next autumn. Is there any risk of a domestic upset?”