No one at this moment knows what electricity is; but for our present purpose we may regard it as a fluid, non-elastic, and without weight, and universally diffused through the universe. To judge by recently published statements, a large section of the reading public are taught that this fluid is a source of power, and that it may be made to do the work of coal. This is a delusion. So long as electricity remains in what we may call a normal state of repose, it is inert. Before _we can get any work out of electricity a somewhat greater amount of work must be done upon it_. If this fundamental and most important truth be kept in view it will not be easy to make a grave mistake in estimating the value of any of the numerous schemes for making electricity do work which will ere long be brought before the public. To render our meaning clearer, we may explain that in producing the electric light, for instance, a certain quantity of electricity passes in through one wire to the lamp, and precisely the same quantity passes out through the other wire, and on to the earth or return wire completing the circuit. Not only is the quantity the same, the velocity is also unchanged. But in going through the lamp the current has done something. It has overcome the resistance of the carbons, heated them to a dazzling white heat, and so performed work. In doing this the current of electricity has lost something. Led from the first lamp to a second, it is found powerless--if the first lamp be of sufficient size. What is it that the electricity has lost? It has parted with what electricians would term "potential," or the capacity for performing work. What this is precisely, or in what way the presence or absence of potential modifies the nature of the electric current, no one knows; but it is known that this potential can only be conferred on electricity by doing work on the electricity in the first instance. The analogy between electricity and a liquid like water will now be recognized. So long as the water is at rest, it is inert. If we pump it up to a height, we confer on it the equivalent of potential. We can let the water fall into the buckets of an overshot wheel. Its velocity leaving the tail race may be identical with that at which it left the supply trough to descend on the wheel. Its quantity will be the same. It will be in all respects unchanged, just as the current of electricity passing through a lamp is unchanged; but it has, nevertheless, lost something. It has parted with its potential--capacity for doing work--and it becomes once more inert. But the duty which it discharged in turning the mill wheel was somewhat less than the precise equivalent of the work done in pumping it up to a level with the top of the wheel. In the same way the electric current never can do work equal in amount to the work done on it in endowing it with potential.