I thought so too. But even if the studio made him create a happier ending (which doesn't seem very typical for a European studio; there were a lot of down endings in the foreign films even of those days so why ask a happy one of this film?), Murnau definitely played up the satirical elements of the happiness. Not only does he actually say that this would never happen in real life, but those entire last scenes see him contrasting with most of the rich people you see in the rest of the movie. Two of the blatant themes in this film is 1) the disparity between rich and poor, and 2) the apathy of the rich, aka the beginnings of decadence. The ending is like Murnau saying "here, people of money, act more like this!" And all during that scene, whenever Emil does something charitable, those around him actually, well, laugh at him, giving each other winks or confused looks. Like they can't even fathom why somebody would go out of his way to care about the poor. The ending is so full of satirical jabs like this that I can't see it as either tacked on or ruining the film, and I suspect Murnau wasn't forced to film it.
It also helps that the ending contains the single greatest tracking shot of the movie: when it pans backwards showing the people at the tables against the wall, then switches rightwards and forwards to Emil's table, with the plate of meat(?) covering his face. God what a beautiful shot, not just moving the camera but timing the action and choreographing the placement of objects. Without the ending, we wouldn't have such an advanced shot, so just for that I say it's worth it.
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