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 Louis the Fourteenth was wittily defined as despotism tempered by epigram, so the United States have been described as a free republic fettered by jokes, and the taunt conveys a half-truth which it is worth our while to consider.

Now there are many who affirm that the humourist's point of view is, on the whole, the fairest from which the world can be judged. It is equally remote from the misleading side-lights of the pessimist and from the wilful blindness of the optimist. It sees things with uncompromising clearness, but it judges of them with tolerance and good temper. Moreover, a sense of the ridiculous is a sound preservative of social virtues. It places a proper emphasis on the judgments of our associates, it saves us from pitfalls of vanity and self-assurance, it lays the basis of that propriety and decorum of conduct upon which is founded the charm of intercourse among equals. And what it does for us individually, it does for us 32