To some men money is chiefly valuable because it makes it possible for them not to think of money. Except in the daily regulation of ordinary life, it enables them to put aside cares which are to them both harassing and distasteful, and to concentrate their thoughts and energies on other objects. An assured competence also, however moderate, gives men the priceless blessing of independence. There are walks of life, there are fields of ambition, there are classes of employments in which between inadequate remuneration and the pressure of want on the one side, and the facilities and temptations to illicit gain on the other, it is extremely difficult for a poor man to walk straight. Illicit gain does not merely mean gain that brings a man within the range of the criminal law. Many of its forms escape legal and perhaps social censure, and may be even sanctioned by custom. A competence, whether small or large, is no sure preservative against that appetite for gain which becomes one of the most powerful and insatiable of passions. But it at least diminishes temptation. It takes away the pressure of want under which so many natures that were once substantially honest have broken down. In the expenditure of money there is usually a great deal of the conventional, the factitious, the purely ostentatious, but we are here dealing with the most serious realities of life. There are few or no elements of happiness and character more important than those I have indicated, and a small competence conduces powerfully to them. Let no man therefore despise it, for if wisely used it is one of the most real blessings of life. It is of course only within the reach of a small minority, but the number might easily be much larger than it is. Often when it is inherited in early youth it is scattered in one or two years of gambling and dissipation, followed by a lifetime of regret. In other cases it crumbles away in a generation, for it is made an excuse for a life of idleness, and when children multiply or misfortunes arrive, what was once a competence becomes nothing more than bare necessity. In a still larger number of cases many of its advantages are lost because men at once adopt a scale of living fully equal to their income. A man who with one house would be a wealthy man, finds life with two houses a constant struggle. A set of habits is acquired, a scale or standard of luxury is adopted, which at once sweeps away the margin of superfluity. Riches or poverty depend not merely on the amount of our possessions, but quite as much on the regulation of our desires, and the full advantages of competence are only felt when men begin by settling their scheme of life on a scale materially within their income. When the great lines of expenditure are thus wisely and frugally established, they can command a wide latitude and much ease in dealing with the smaller ones.