have a hunt after the water rat we saw in the pond the other day, but master is talking philosophy, and requires an intelligent audience.' These dogs are dear creatures it must be owned. Come, Milverton, let us have a walk. A CHAPTER X. FTER the reading in the last chapter my friends walked homewards with me as far as Durley Wood, which is about half way between Worth-Ashton and my house. As we rested there, we bethought ourselves that it would be a pleasant spot for us to come to sometimes and read our essays. So we agreed to name a day for meeting there. The day was favourable, we met as we had appointed, and, finding some beech logs lying very opportunely, took possession of them for our council. We seated Ellesmere on one that we called the woolsack, but which he said he felt himself unworthy to occupy in the presence of King Log, pointing to mine. These nice points of etiquette being at last settled, Milverton drew out his papers and was about to begin reading, when Ellesmere thus interrupted him. ELLESMERE. You were not in earnest, Milverton, about giving us an essay on population; because if so, I think I shall leave this place to you and Dunsford and the ants? MILVERTON. I certainly have been meditating something of the sort; but have not been able to make much of it. ELLESMERE. If I had been living in those days when it first beamed upon mankind, that the earth was round, I am sure I should have said, 'We know now the bounds of the earth: there are no interminable plains joined to the regions of the sun, allowing of indefinite sketchy outlines at the edges of maps. That little creature man will immediately begin to think that his world is too small for him.' MILVERTON. There has probably been as much folly uttered by political economy as against it, which is saying something. The danger as regards theories of political economy is the obvious one, of their abstract conclusions being applied to concrete things. ELLESMERE. As if we were to expect mathematical lines to bear weights. MILVERTON. Something like that. With a good system of logic pervading the public mind, this danger would of course be avoided; but such a state of mind is not likely to occur in any public that we or our grandchildren are likely to have to deal with. As it is, an ordinary man hears some conclusion of political economy, showing some particular tendency of things, which in real life meets with many counteractions of all kinds but he, perhaps, adopts the conclusion without the least abatement, and would work it into life, as if all went on there like a rule-ofthree sum. : ELLESMERE. After all, this error arises from the man's not having enough political economy. It is not that a theory is good on paper, but unsound in real life. It is only that in real life you cannot get at the simple state of things to which the theory would rightly apply. You want many other theories, and the just composition of them all, to be able to work the whole problem. That being done, (which, however, scarcely can be done) the result on paper might be read off as applicable at once to life. But now touching the essay; since we are not to have population, what is it to be? MILVERTON. Public Improvements. ELLESMERE. Nearly as bad; but as this is a favourite subject of yours, I suppose it will not be polite to go away. MILVERTON. No, you must listen. PUBLIC IMPROVEMENTS. WHAT HAT are possessions? To an individual, the stores of his own heart His truth and valour are amongst the first. His contentedness, or his resignation, may be put next. Then his sense of beauty, surely a possession of great moment to him. Then all those mixed possessions which result from the social affections-great possessions, unspeakable delights, much greater than the gift last mentioned in the former class, but held on more uncertain tenure. Lastly, what are generally called possessions. However often we have heard of the vanity, uncertainty and vexation that beset these last, we must not let this repetition deaden our minds to the fact. and mind pre-eminently. Now, national possessions must be estimated by the same gradation that we have applied to individual possessions. If we consider national luxury, we shall see how small a part it may add to national happiness. Men of deserved renown, and peerless women lived upon what we should now call the coarsest fare, and paced the rushes in their |