Through the course of the nineteenth century the British government had progressively been taking on the complexion of a "gentlemen's agreement;" a government by gentlemen, for gentlemen, and of gentlemen, too, beyond what could well be alleged in any other known instance, though never wholly so. No government could be a government of gentlemen exclusively, since there is no pecuniary profit in gentlemen as such, and therefore no object in governing them; more particularly could there never be any incentive in it for gentlemen, whose livelihood is, in the nature of the case, drawn from some one else. A gentlemen's government can escape death by inanition only in so far as it serves the material interest of its class, as contrasted with the underlying population from which the class draws its livelihood. This British arrangement of a government by prudent and humane gentlemen with a view to the conservation of that state of things that best conduced to the material well-being of their own class, has on the whole had the loyal support of the underlying populace, with an occasional floundering protest. But the protest has never taken the shape of an expressed distrust of gentlemen, considered as the staple ways and means of government; nor has the direction of affairs ever descended into the hands of any other or lower class or condition of men. On the whole, this British arrangement for the control of national affairs by a body of interested gentlemen-investors has been, and perhaps still is, just as well at home in the affectionate preconceptions of the nineteenth-century British as the corresponding German usufruct by self-appointed swaggering aristocrats has been among the underlying German population, or as the American arrangement of national control by business men for business ends. The British and the American arrangements run very much to the same substantial effect, of course, inasmuch as the British gentlemen represent, as a class, the filial generations of a business community, and their aims and standards of conduct continue to be such as are enforced by the pecuniary interests on which their gentility is conditioned. They continue to draw the ways and means of a worthy life from businesslike arrangements of a "vested" character, made and provided with a view to their nourishment and repose. Their resulting usufruct of the community's productive efforts rests on a vested interest of a pecuniary sort, sanctioned by the sacred rights of property; very much as the analogous German dynastic and aristocratic usufruct rests on personal prerogative, sanctioned by the sacred rights of authentic prescription, without afterthought. The two, it will be noted are very much alike, in effect, "under the skin." The great distinguishing mark being that the German usufructuary gentlemen are, in theory at least, gentlemen-adventurers of prowess and proud words, whose place in the world's economy it is to