We do not deny that many of them may be animated by the noble desire to leave their collections to their countries, but yet on closer study the attraction for the greater number of them seems to be either a modification of their financial interests, namely, sport and speculation combined, or an inclination to spend money lavishly, everything being too easily possible by reason of their great money power. In a humorous toast at an American dinner, Stanley, the explorer, said that a citizen of the United States is never at rest till he has found something that he actually cannot afford to buy. The definition fits the millionaire art collector with more correctness and exactitude. In this field he shows himself a regular blasé of buying possibilities--and his passion for art and curios may to some extent bring him out of his torpidity by the extra magnitude of the investment. As Bernard Shaw says, a millionaire can buy fifty motor-cars but can only drive one at a time. He can buy food for a whole city but has only one stomach to digest it, secure all the seats in the theatre but can only occupy one, etc. But to own a work by Michelangelo or Raphael is a different tale; it affords one the sensation of owning and driving a hundred or more motor-cars all at the same time in a sort of modern--ultra-modern--triumphal march of glory to the up-to-date Olympus of the privileged, where fame is highly seasoned with self-advertisement, and superlatives the daily ingredient of reputation. For others the modern whim of collecting works of art may represent a diversion from business, or a way in which “to astonish the natives.” From this type we come to the old forms of foolishness, the Trimalchos, Euctuses and Paulluses, etc., who have changed the ancient palanquin carried by slaves for a brightly coloured motor of sixty or ninety horse-power. One reason why this modern type of collector is so commonly deceived is because he generally lives in a sort of fool’s paradise of art trumpery separated from the real art market by a little understood feeling of aristocratic pride. The art collector of olden times used to mingle with dealers, learn from them where and what to buy, tramping from place to place, the former El Dorado of the “find.” The modern species would consider it beneath him to have anything to do with common dealers or to attend a public sale even for the sake of interest in art. How can they gain experience? They may engage an expert. No doubt a good expert can assist them, but the real collector carries his experience in his pocket, for the expert, like the gendarmes of the well-known French operetta, arrives always too late.