"My idea of the close of the nineteenth century is that it will be a period of dire poverty," said the proprietor of the _Sling_; "an age of pauperism already heralded by the sale of noble old mansions, the breaking-up of great estates, the destruction of famous collections, galleries, libraries, the pious hoards of generations of connoisseurs and bookworms, scattered to the four winds by a stroke of the auctioneer's hammer. The landed interest and the commercial classes are going down the hill together. Suez has ruined our shipping interests; an unreciprocated free trade is ruining our commerce. Coffee, tea, cotton--our markets are narrowing for all. After a period of lavish expenditure, reckless extravagance, or at any rate the affectation of reckless extravagance, there will come an era of dearth. Those are wisest who will foresee and anticipate the change, simplify their habits, reduce their luxuries, put on a Quakerish sobriety in dress and entertainments, which, if carried out nicely, may pass for high art--train themselves to a kind of holy poverty outside the cloister--and thus break their fall. Depend upon it, there will be a fall, for every one of those men and women who at this present day are living up to their incomes." "The voice is the voice of FitzJesse, but the words are the words of Cassandra," said Colonel Blathwayt. "For my part, I am like the Greeks, and never listen to such gloomy vaticinations. I daresay the deluge _will_ come--a deluge now and again is inevitable; but I think the dry land will last our time. And in the meanwhile was there ever a pleasanter world than that we live in--an entirely rebuilt and revivified London--clubs, theatres, restaurants, without number--gaiety and brightness everywhere? If our amusements are frivolous, at least they are hearty. If our friendships are transient, they are very pleasant while they last. We know people to-day, and cut them to-morrow; that is one of the first conditions of good society. The people who are cut understand the force of circumstances, and are just as ready to take up the running a year or two hence, when we can afford to know them." "Blessed are the poor in spirit," quoted little Monty, in a meek voice. "Our women are getting every day more like the women of the Directory, and the Consulate," continued the Colonel. "We have come to short petticoats and gold anklets. All in good time we shall come to bare feet. We have abolished sleeves, and we have brought bodices to a _reductio ad absurdum_; but, although prudes and puritans may disapprove our present form, I must say that women were never so intelligent or so delightful. We have come back to the days of the _salon_ and the _petit souper_. Our daughters are sirens and our wives are wits." "Charming for Colonel Blathwayt, whose only experience is of other people's wives and daughters," said little Monty. "But I don't feel sure that the owners are quite so happy."