I am not referring to these things as a moralist at all, but simply in their relation to popular discontent. The astonishing growth of luxury and the habit of sensual indulgence are seen everywhere in this country, but are most striking in the city of New York, since the fashion and wealth of the whole country meet there for display and indulgence,--New York, which rivals London and outdoes Paris in sumptuousness. There congregate more than elsewhere idlers, men and women of leisure who have nothing to do except to observe or to act in the spectacle of Vanity Fair. Aside from the display of luxury in the shops, in the streets, in private houses, one is impressed by the number of idle young men and women of fashion. It is impossible that a workingman who stands upon a metropolitan street corner and observes this Bacchanalian revel and prodigality of expense, should not be embittered by a sense of the inequality of the conditions of life. But this is not the most mischievous effect of the spectacle. It is the example of what these people care for. With all their wealth and opportunities, it seems to him that these select people have no higher object than the pleasures of the senses, and he is taught daily by reiterated example that this is the end and aim of life. When he sees the value the intelligent and the well-to-do set upon material things, and their small regard for intellectual things and the pleasures of the mind, why should he not most passionately desire those things which his more fortunate neighbors put foremost? It is not the sight of a Peter Cooper and his wealth that discontents him, nor the intellectual pursuits of the scholar who uses the leisure his fortune gives him for the higher pleasures of the mind. But when society daily dins upon his senses the lesson that not manhood and high thinking and a contented spirit are the most desirable things, whether one is rich or poor, is he to be blamed for having a wrong notion of what will or should satisfy him? What the well-to-do, the prosperous, are seen to value most in life will be the things most desired by the less fortunate in accumulation. It is not so much the accumulation of money that is mischievous in this country, for the most stupid can see that fortunes are constantly shifting hands, but it is the use that is made of the leisure and opportunity that money brings. Another observation, which makes men discontented with very slow accumulation, is that apparently, in the public estimation it does not make much difference whether a man acquires wealth justly or unjustly. If he only secures enough, he is a power, he has social position, he grasps the high honors and places in the state. The fact is that the toleration of men who secure wealth by well known dishonest and sharp practices is a chief cause of the demoralization of the public conscience.