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Rh image, as strenua inertia—strenuous inertia,—agitation vain and ineffective, always wanting something new, but not really knowing what, desiring most ardently yet speedily tiring of a desire gratified. Now it is clear that if these vices spread too much, if they are not complemented by an increase of material resources, of knowledge, of sufficient population, they can lead a nation rapidly to ruin. We do not feel very keenly the fear of this danger—the European-American civilisation is so rich, has at its disposal so much knowledge, so many men, so many instrumentalities, has cut off for itself such a measureless part of the globe, that it can afford to look unafraid into the future. The abyss is so far away that only a few philosophers barely descry it in the gray mist of distant years. But the ancient world—so much poorer, smaller, weaker—felt that it could not squander as we do, and saw the abyss near at hand.

To-day men and women waste fabulous wealth in luxury; that is, they spend not to satisfy some reasonable need, but to show to others of their kind how rich they are, or, further, to make others believe them richer than they are. If these resources were everywhere saved as they are in France, the progress of the world would be