selfish at bottom; but he dashes in your face the evidence of his selfishness, and appeals for admiration on the simple ground that he has a larger income than his neighbours. Luxury means, on this showing, all such expenditure as is objectionable, not because the pleasure obtained is intrinsically bad, but because we are spending for the sake of spending, and could get more real enjoyment at a lower sum. I need not dwell upon the fact that men of moderate means may fall into the same error. The fault of exaggerating the importance of machinery is not confined to those whom we call rich. Thackeray's discourses upon Snobs are full expositions of the same weakness in the middle classes. When we read, for example, of Colonel Ponto being miserable because he tries to make an income of a thousand a year support the pomp accessible to persons with ten thousand, we see that he has as false a view as Sir Gorgius of the true ends of life. And I refer to the same great satirist for abundant illustrations of the weaknesses which too often make society a machinery for wasting money on display, and entirely oblivious that it should be a machinery for the promotion of intellectual and refined pleasures. Now, if I have given a fair account of luxury as considered simply from the point of view of an enlightened selfishness, I may proceed to the ethical question. So far, I have only asked, in substance, at what point our expenditure upon pickles becomes foolish. But, of course, the more important question arises, at what point it becomes selfish. A man may be silly for spending money upon erecting towers; but if he does no harm to his neighbours we hardly call him wicked. We cannot say that it is unconditionally wrong to build a tower. We must inquire, therefore, how far luxury necessarily involves a wrong to others. Here we must begin by listening to all the philosophers and divines of whom I spoke at starting. Any number of wise and good men will tell us, in various dialects, that pleasure is in itself bad, or, at least, that all the pleasures obtainable by wealth are bad, or, at any rate, beneath the notice of the higher spirits. There are the thorough-going ascetics, who strive, not to regulate, but to suppress all except the absolutely necessary physical instincts, and think that even those desires savour of evil; who consider the best man to be the man who lives upon bread and water, and, if possible, upon mouldy bread and ditch-water. There are, again, spiritually-minded people, who consider all happiness to be worthless, except such happiness as results from aspirations to another world; who regard all riches as chains binding the soul to earth; who take the words "Blessed are the poor" in the most literal sense, as defining the true aim of life. We should seek, they say, for happiness elsewhere than in this transitory stage of existence, remember that the world is a mere screen hiding the awful realities of heaven and hell;