'You are surprised, child. That is because you have never taken or understood this larger view of Property. It is new to you. Confess, however, that it lends sacredness to things which we are becoming accustomed to have derided. Believe me, it is not without reason that some of us venerate the laws which have been slowly, very slowly, framed: and the forms which have been slowly, very slowly, framed: as experience has taught us wisdom for the protection of man--working man, not loafing, lazy man. It is wise and right of us to maintain all those institutions which encourage the best among us to work and invent and distribute. By these forms alone is industry protected and enterprise encouraged. Then such as this Edmund Gray'--he laid his hand again upon the letter--'will tell you that Property--Property--causes certain crimes--ergo, Property must be destroyed. Everything desirable causes its own peculiar class of crime. Consider the universal passion of Love. It daily causes crimes innumerable. Yet no one has yet proposed the abolition of Love--eh?' 'I believe not,' Elsie replied, smiling. 'I hope no one will--yet.' 'No. But the desire for Property, which is equally universal--which is the most potent factor in the cause of Law and Order--they desire and propose to destroy. I have shown you that it is impossible. Let the companies pay no dividends, let all go to the working men: let the lands pay no rent: the houses no rent: let the merchants' capital yield no profit: to-morrow the clever man will be to the front again, using for his own purposes the dull and the stupid and the lazy. That is my opinion.--Forgive this sermon, Elsie. You started me on the subject. It is one on which I have felt very strongly for a long time. In fact, the more I think upon it the more I am convinced that the most important thing in any social system is the protection of the individual--personal liberty: freedom of contract: right to enjoy in safety what his ability, his enterprise, and his dexterity may gain for him.' Elsie made no reply for a moment. The conversation had taken an unexpected turn. The vehemence of the upholder of Property overwhelmed her as much as the earnestness of its destroyer. Besides, what chance has a girl of one-and-twenty on a subject of which she knows nothing with a man who has thought upon it for fifty years? Besides, she was thinking all the time of the other man. And now there was no doubt--none whatever--that Mr. Dering knew nothing of Mr. Edmund Gray--nothing at all. He knew nothing and suspected nothing of the truth. And which should she believe? The man who was filled with pity for the poor and saw nothing but their sufferings, or the man who was full of sympathy with the rich, and saw in the poor nothing but their vices? Are all men who work oppressed? Or are there no oppressed at all, but only some lazy and stupid and some clever?