In this passage from "The Last Unicorn," Schmendrick offers a poignant reflection on the nature of kingship and fate. He emphasizes that the current story and its happy ending hinge on the sacrifices and challenges faced by the characters. Without these trials, it's uncertain whether their conclusion would have been positive, hinting at the complexities of destiny and the impact of individual choices on the collective outcome.

Schmendrick urges the king to embrace his role with compassion and kindness, recognizing that his subjects, though flawed, are integral to his journey. This highlights the responsibility a leader has to govern with empathy, especially towards those deemed less brave or loyal. In essence, it suggests that true leadership involves understanding and nurturing one's people, as they play a crucial role in shaping the future.