The Harz holiday caused Busch to miss his elder brother's opening performances as General Music Director of the Saxon State Opera – the season started on 13 August 1922 with Fidelio; then came Der Rosenkavalier, Die Meistersinger and Tristan. On 26 August the Adolf Busches, Rudi Serkin and Otto Grüters attended the dress rehearsal of Die Zauberflöte. Fritz was in his element, having captured perhaps the most desirable operatic job in Germany, held previously by Weber and Wagner. A post in Berlin might carry more glamour, through association with the capital, but in Dresden the director had an orchestra as fine as any in the world (Fritz compared it to a Stradivarius) and a cohesive company full of fine singers:

Hans Gál concurred:

During his tenure, with the backing of the sympathetic Intendant Alfred Reucker, Fritz established an artistic policy which was the envy of the world and raised the State Opera to its artistic zenith, only to see lesser men such as Karl Böhm and Karl Elmendorff reap the benefit of his labours. Three Busch brothers forged strong links with the Saxon capital: Fritz as its leading resident musician, Adolf as visiting soloist and composer, Herman as principal cellist of the city's second orchestra, the Philharmonic. In his first season alone, Fritz gave (in addition to the operas already mentioned) Otello, Boris Godunov, Palestrina (with Pfitzner present) and Arlecchino (with Busoni in attendance). He also took over the twelve subscription concerts of the Sächsische Staatskapelle, with conspicuous success.