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Rh leathery-lunged men bought and sold the shares of an absolutely fictitious business undertaking which every five minutes paid a dividend of ten per cent. and cancelled a certain proportion of its shares by means of a lottery wheel.

These business activities were prosecuted with an energy that readily passed into violence, and Graham approaching a dense crowd found at its centre a couple of prominent merchants in violent controversy with teeth and nails on some delicate point of business etiquette. Something still remained in life to be fought for. Further, he had a shock at a vehement announcement in phonetic letters of scarlet flame, each twice the height of a man, that "WE ASSURE THE PROPRAIET'R. WE ASSURE THE PROPRAIET'R."

"Who's the proprietor?" he asked.

"You."

"But what do they assure me?" he asked. "What do they assure me?"

"Didn't you have assurance?"

Graham thought. "Insurance?"

"Yes—Insurance. I remember that was the older word. They are insuring your life. Dozands of people are taking out policies, myriads of lions are being put on you. And further on other people are buying annuities. They do that on everybody who is at all prominent. Look there!"

A crowd of people surged and roared, and Graham saw a vast black screen suddenly illuminated in still larger letters of burning purple. "Anuetes on the Propraiet'r—x 5 pr. G." The people began to boo and shout at this, a number of hard-breathing wild-eyed men came running past, clawing with hooked fingers at the air. There was a curious crush about a little doorway.

Asano did a brief inaccurate calculation. "Seventeen per cent. per annum is their annuity on you. They would not pay so much per cent. if they could see you