There is a famous passage in Green's "Short History of the English People" which describes in part that strange outburst of national expansion under Elizabeth, when Raleigh, Drake, and Frobisher scoured the distant seas, and when at home "England became a nest of singing birds," with Shakespeare, Spenser, Fletcher, and Marlow. "The old sober notions of thrift," says the picturesque historian, "melted before the strange revolutions of fortune wrought by the New World. Gallants gambled away a fortune at a sitting, and sailed off to make a fresh one in the Indies." (Read rather to-day at Kimberley, Johannesburg, Vancouver.) "Visions of galleons loaded to the brim with pearls and diamonds and ingots of silver, dreams of El Dorados where all was of gold, threw a haze of prodigality and profusion over the imagination of the meanest seaman. The wonders, too, of the New World kindled a burst of extravagant fancy in the Old. The strange medley of past and present which distinguishes its masques and feastings only reflected the medley of men's thoughts.... A 'wild man' from the Indies chanted the Queen's praises at Kenilworth, and Echo answered him. Elizabeth turned from the greetings of sibyls and giants to deliver the enchanted lady from her tyrant, 'Sans Pitie.' Shepherdesses welcomed her with carols of the spring, while Ceres and Bacchus poured their corn and grapes at her feet." Oh, gilded youth of the Gaiety, _mutato nomine de te Fabula narratur_. Yours, yours is this glory! For our own age, too, is a second Elizabethan. It blossoms out daily into such flowers of fancy as never bloomed before, save then, on British soil. When men tell you nowadays we have "no great writers left," believe not the silly parrot cry. Nay, rather, laugh it down for them. We move in the midst of one of the mightiest epochs earth has ever seen, an epoch which will live in history hereafter side by side with the Athens of Pericles, the Rome of Augustus, the Florence of Lorenzo, the England of Elizabeth. Don't throw away your birthright by ignoring the fact. Live up to your privileges. Gaze around you and know. Be a conscious partaker in one of the great ages of humanity. X. _THE MONOPOLIST INSTINCTS._ In the first of these after-dinner _causeries_ I ventured humbly to remark that Patriotism was a vulgar vice of which I had never been guilty. That innocent indiscretion of mine aroused at the moment some unfavourable comment. I confess I was sorry for it. But I passed it by at the time, lest I should speak too hastily and lose my temper. I recur to the subject now, at the hour of the cigarette, when man can discourse most genially of his bitterest enemy. And Monopoly is mine. Its very name is hateful.