The only gracious way to accept an insult is to ignore it; if you can't ignore it, top it; if you can't top it, laugh at it; if you can't laugh at it, it's probably deserved.
Source: In Reader's Digest, Dec 1961.
-- J Russel Lynes, (Dec 2 1910-1991), US author, editor; He was managing editor of Harpers magazine and wrote Snobs, 1950.