He became excited at that and said: "Such a man is dangerous not only to his own country but to the world. With that amount of ready money he could upset the exchanges and paralyze the borrowing power of nations." "But," I said, "you have enormous fortunes," and mentioned the Duke of Westminster. "I know every pound of Westminster's wealth," he said. "It is in lands which he cannot sell, and burdened with settlements of generations and obligations which cannot be avoided." "How about the Rothschilds?" I asked. "Their fortunes," he answered, "are divided among the firms in London, Paris, Vienna, and Frankfort, and it would be impossible for them to be combined and used to unsettle the markets of the world. But Mr. ---- could do this and prevent governments from meeting their obligations." Mr. Gladstone had no hostility to great fortunes, however large, unless so invested as to be immediately available by a single man for speculation. But fortunes larger than that of one hundred millions have since been acquired, and their management is so conservative that they are brakes and safeguards against unreasoning panics. The majority of them have been used for public benefit. The most conspicuous instances are the Rockefeller Foundation, the Carnegie Endowment, and the Frick Creation. Henry Labouchere told me a delightful story of Mr. Gladstone's first meeting with Robert T. Lincoln, when he arrived in London as American minister. Mr. Lincoln became in a short time after his arrival one of the most popular of the distinguished list of American representatives to Great Britain. He was especially noted for the charm of his conversation. Labouchere said that Mr. Gladstone told him that he was very anxious to meet Mr. Lincoln, both because he was the new minister from the United States and because of his great father, President Lincoln. Labouchere arranged for a dinner at his house, which was an hour in the country from Mr. Gladstone's city residence. Mrs. Gladstone made Mr. Labouchere promise, as a condition for permitting her husband to go, that Mr. Gladstone should be back inside of his home at ten o'clock. The dinner had no sooner started than some question arose which not only interested but excited Mr. Gladstone. He at once entered upon an eloquent monologue on the subject. There was no possibility of interruption by any one, and Mr. Lincoln had no chance whatever to interpose a remark. When the clock was nearing eleven Labouchere interrupted this torrent of talk by saying: "Mr. Gladstone, it is now eleven; it is an hour's ride to London, and I promised Mrs. Gladstone to have you back at ten." When they were seated in the carriage Labouchere said to Mr. Gladstone: "Well, you have passed an evening with Mr. Lincoln; what do you think of him?" He replied: "Mr. Lincoln is a charming personality, but he does not seem to have much conversation."