The more Peter contemplated this newly discovered subject, the more did the apparent similarity in sympathies and habits to himself, elicit his admiration. There is no one, thought he, so eminently wise and philosophic as the genuine loafer. Whilst the rest of mankind are struggling and grasping, losing to-morrow what they held with tenacious clutch to-day, this idle philosopher looks calmly on and laughs at the butterfly chase. He sees his fellows contending with bitterness and jealousy for a fancied good, and beholds the only pleasure it could afford crushed in their own hands in their eagerness to attain it. In the conflict around him, the passions of men are arrayed against each other, and the good sentiments of their natures compelled to yield before the concussions they encounter. It is a struggle in which he sees the most vicious too often carry off the greatest prizes, whilst none retires from the field without leaving a portion of his soul behind. Others may follow the alluring promises which tempt them, and be carried away by the first surging wave of excitement that sweeps along, he remains unmoved. Let the world go as it will, he betakes himself to the sweet shade of some friendly tree, and calmly, though rudely it may be, philosophises upon the vanities which dazzle other eyes and bedizzen other heads, but never soften the bed of the grave, nor promise repose beyond it. He knows that heaven is not to be purchased by the fleeting things that charm the eye and gratify human vanity, and the harmony of his spirits is never broken up in conflicts to possess them. Happily the dial of time moves on, never too slow nor too fast for him, and his even temper keeps him in a perpetual calm. Unmoved by the discord around him, he remains content in his solitary leisure, or quietly takes his ease with his companions, furnishing a worthy illustration of genuine and perfect freedom. Even Tully himself could not look upon that man as properly free who had not the privilege of sometimes doing nothing--a privilege rightly appreciated and justly exercised only by the loafer.