The gold that was gathered by the Spaniards and fought over so valiantly is scattered to the four ends of the earth. It may be as potent to-day as then; but it does not seem nearly so heroic. A good deal of it has found its way to London, which a short century and a half ago "had not," according to Adam Smith, "sufficient wealth to compete with Cadiz." We have had our full share without fighting for it. Thus all things come to him who contrives and waits. Meanwhile, there are "groups" and "rings." And, likewise, "leaders" and "bosses." What do they know or care about the origins of wealth; about Venice; about Cadiz; about what is said of Wall Street? The Spanish Main was long ago stripped of its pillage. The buccaneers took themselves off to keep company with the Vikings. Yet, away down in those money chests, once filled with what were pieces of eight and ducats and doubloons, who shall say that spirits may not lurk and ghosts walk, one old freebooter wheezing to another old freebooter: "They order these things better in the 'States.'" IV I have enjoyed hugely my several sojourns in Spain. The Spaniard is unlike any other European. He may not make you love him. But you are bound to respect him. There is a mansion in Seville known as The House of Pontius Pilate because part of the remains of the abode of the Roman Governor was brought from Jerusalem and used in a building suited to the dignity of a Spanish grandee who was also a Lord of Tarifa. The Duke of Medina Celi, its present owner, is a lineal scion of the old piratical crew. The mansion is filled with the fruits of many a foray. There are plunder from Naples, where one ancestor was Viceroy, and treasures from the temples of the Aztecs and the Incas, where two other ancestors ruled. Every coping stone and pillar cost some mariner of the Tarifa Straits a pot of money. Its owner is a pauper. A carekeeper shows it for a peseta a head. To such base uses may we come at last. Yet Seville basks in the sun and smiles on the flashing waters of the Guadalquivir, and Cadiz sits serene upon the green hillsides of San Sebastian, just as if nothing had ever happened; neither the Barber and Carmen, nor Nelson and Byron; the past but a phantom; the present the prosiest of prose-poems.