It will require some close thinking on the part of the reader to gain a clear mental picture of this conception of the electron; but the result is worth the effort. When you can clearly conceive all matter as composed of electrons, each one of which cobwebs space with its system of magnetic tubes, you will at least have a tangible picture in mind of a possible explanation of the forces of cohesion and gravitation--in fact, of all the observed cases of seeming action at a distance. If at first blush the conception of space as filled with an interminable meshwork of lines of force seems to involve us in a hopeless mental tangle, it should be recalled that the existence of an infinity of such magnetic lines joining the poles of the earth may be demonstrated at any time by the observation of a compass, yet that these do not in any way interfere with the play of other familiar forces. There is nothing unthinkable, then, in the supposition that there are myriads of minor magnetic centres exerting lesser degrees of force throughout the same space. All that can be suggested as to the actual nature of the Faraday tubes is that they perhaps represent a condition of the ether. This, obviously, is heaping hypothesis upon hypothesis. Yet it should be understood that the hypothesis of the magnetic electron as the basis of matter, has received an amount of experimental support that has raised it at least to the level of a working theory. Should that theory be demonstrated to be true, we shall apparently be forced to conclude not merely that electricity is present everywhere in nature, but that, in the last analysis, there is absolutely no tangible thing other than electricity in all the universe. HOW ELECTRICITY IS DEVELOPED