You know, Rick, watching you just now with the Deutschebank [the German banker], one would think you'd been doing this all your life.

Oh, what makes you think I haven't?

Oh, nothing. But when you first came to Casablanca, I thought...

You thought what?

What right do I have to think?..Too bad about those two German couriers, wasn't it?

They got a lucky break. Yesterday, they were just two German clerks. Today, they're the Honored Dead.

You are a very cynical person, Rick, if you forgive me for saying so.

I forgive you.

You despise me, don't you?

Well, if I gave you any thought, I probably would.

But why? Oh, you object to the kind of business I do, huh? But think of all those poor refugees who must rot in this place if I didn't help them. Well that's not so bad, through ways of my own, I provide them with exit visas.

For a price, Ugarte, for a price.

But think of all the poor devils who can't meet Renault's price. I get it for them for half. Is that so parasitic?

I don't mind a parasite. I object to a cut-rate one.

Well, Rick, after tonight, I'll be through with the whole business, and I'm leaving finally, this Casablanca.

Who'd you bribe for your visa, Renault or yourself?

Myself. I found myself much more reasonable.
[Ugarte shows Rick two non-rescindable letters of transit out of Casablanca that allow their possessor to travel without a regular passport or visa] ...

You know Rick, I have many a friend in Casablanca, but somehow, just because you despise me you are the only one I trust. Rick, I hope you are more impressed with me now, huh?

I heard a rumor that the two murdered German couriers were carrying letters of transit.

Oh, I've heard that rumor too. Poor devils.

Yes, you're right, Ugarte. I am a little more impressed with you.