“Then,” said I, “give me a few moments longer if you possibly can. I do so wish to know something of our posterity ten millenniums ahead—twenty—a hundred. But no I am selfish—you are doubtless suffering now from your long stay and I ought not to ask anything more.” “Say no more,” he said, “I will stay a few moments longer. I am not seriously inconvenienced as yet. But I cannot give you continuous history as that will take too long, but I will post you on a few prominent points that will interest you. “One thing you will consider remarkable in the beginning of the first millennium, is a growing disregard for the accumulation of great wealth. The day of millionaires passed away before the close of the 20th century. Legislation looking to the reduction of great estates and the prevention of such overgrown accumulations in the future, was enacted at the beginning of the century. But the spirit of greed was not outgrown until the creation of wealth became so easy and under such control by the state that more than enough for comfort and ease was placed at the command of every one. No one was obliged to pay for anything, more than it cost, because the state would furnish all that was necessary on those terms, if no one else would. Speculative profits were abolished and the cost of an article was made up of wages only—the wage of the man in getting the raw material, the wage of the factors and the machinery in its fabrication, the cost of transportation, the wage of the salesman etc., all added together. The accumulation of excessive wealth was possible only when the speculator got hold of something it was necessary for other people to have, and who then made them pay for it much more than it cost him. This was all stopped as I said, before the close of the 20th century. But it was reserved to the beginning of the millennium to produce wealth in such abundance that it was not possible for anybody to have a single thing that it was essential for anybody else to have. “The material means of comfort and happiness exist on the earth as abundantly as the air for breathing. The education of the human race consists in their learning how to take and use them. Having learned this, the abundance of wealth is its security against the monopoly of the greedy, and so your millennium begins with available wealth so plentiful, that its surplus accumulation has no longer a sane object, and there is no more reason in a man hoarding it than in his eating the surplus food on the dinner table after he has had enough.