I know very well what can be said upon the other side. It can be said that what I have called upon a former page the "ruthlessness" of the Jew in commercial relations, as well as his tenacity and all the rest, make the contest unequal; that in a partnership between Jew and non-Jew the non-Jew is, as a fact, often overreached and is, as a fact, often left (as the pretty vocabulary of modern commerce has it) "in the cart." But pray why did the non-Jew enter into the alliance at all? Was it not precisely in order that he should benefit, if he could, by those very qualities which he later denounces? He expected that those qualities which make for the success of the Jew in commerce would also benefit himself. He knew that there must always be a certain amount of competition, even within such an alliance. He backed himself to watch his own interests under conditions which he knew perfectly well when he entered into them. He has not a leg to stand upon in quarrelling with the results of the relationship, for in so doing he is merely quarrelling with his own judgment and, for the matter of that, his own plot. If a man cannot tolerate the contrast between the Jewish race and our own, or if he regards that race as possessing energies which will invariably defeat him in the competition of commerce, then let him keep away from a Jewish alliance altogether. It is the simplest plan. But to immix himself with the Jewish commercial activity and then to grumble at the results is despicable. All this is worse, of course, when one is dealing with relations even closer than those of commerce. Those relations are numerous in the modern world, and disingenuousness in them takes the worst possible form. Men, especially of the wealthier classes of the gentry, will make the closest friends of Jews with the avowed purpose of personal advantage. They think the friendship will help them to great positions in the State, or to the advancement of private fortune, or to fame. In that calculation they are wise. For the Jew has to-day exceptional power in all these things. They therefore have the Jew continually at their tables, they stay continually under the Jew's roof. In all the relations of life they are as intimate as friends can be. Yet they relieve the strain which such an unnatural situation imposes by a standing sneer at their Jewish friends in their absence. One may say of such men (and they are to-day an increasing majority among our rich) that the falsity of their situation has got on their nerves. It has become a sort of disease with them; and I am very certain that when the opportunity comes, when the public reaction against Jewish power rises, clamorous, insistent and open, they will be among the first to take their revenge. It is abominable, but it is true.