Of course it would be absurd to ignore the existence and even the prevalence of similar attitudes in America. If the dowry does not exist, not every man marries without a thought of the rich father-in-law. Forbidden gambling houses are abundant, private betting connected with sport is flourishing everywhere; above all, the economic organization admits through a back-door what is banished from the main entrance, by allowing stocks to be issued for very small amounts. In Germany the state does not permit stocks smaller than one thousand marks, equal to two hundred and fifty dollars, with the very purpose of making speculative stock buying impossible for the man of small means. The waiter and the barber who here may buy very small blocks of ten-dollar stocks have no such chance there. Stock buying is thus confined to those circles from which a certain wider outlook may be expected. The external framework of the stock market is here far more likely to tempt the man of small savings into the game, and the mere fact that this form has been demanded by public consciousness suggests that the spirit which craves lotteries is surely not absent in the new world, even though the lottery lists in the European newspapers are blackened over before they are laid out in the American public libraries. A certain desire for gambling and quick returns evidently exists the world over. But if the Americans are really speculating more than all the other nations, a number of other mental features must contribute to the outcome. One tendency stands quite near to gambling, and yet is characteristically different, the delight in running risks, the joy in playing with dangers. Some races, in which the gambling instinct is strong, are yet afraid of high risks, and the pleasure in seeking dangerous situations may prevail without any longing for the rewards of the gambler. It seems doubtful whether this adventurous longing for unusual risks belongs to the Anglo-Saxon mind. At least those vocations which most often involve such a mental trend are much more favoured by the Irish. It is claimed that they, for instance, are prominent among the railroad men, and that the excessive number of accidents in the railroad service results from just this reckless disposition of the Irishmen. It tempts them to escape injury and death only by a hair. Where this desire to feel the nearness of danger, yet in the hope of escaping it, meets the craving for the excitement of possible gain, a hazardous investment of one's savings must be expected.