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because of the necessity which publishers labor under to give the poet to understand that they are in the business for profit, not for pleasure or mere love of sinking money in a magazine. So the publishers would keep a standing account of hard cash in our bank. Say a magazine used one hundred dollars' worth of verse in a month. The publisher at the beginning of the year would deposit twelve hundred dollars with us, and throughout the year would draw out sonnets, ballads, or pastels-in-metre just as he needed them. The checks would read something like this: 'The Poets' Clearing-house Association of the City of New York will pay to John Bluepencil, Editor, or Order, Ten Sonnets. (Signed) Blank Brothers & Co.' Or perhaps we'd receive a notice from a Southern publisher to this effect: 'Have drawn on you at sight for eight quatrains and a triolet.' Now, when you consider how many publishers there are who would always keep a cash balance in the treasury, you begin to get some notion as to how we could meet our running expenses and pay our quarterly dividends to our stockholders anyhow; and as for future dividends, I believe our loan department would net us a sufficient amount to make the stock gilt-edged."

"You would have a loan department, eh?" said Mr. Pedagog.

"That would be popular," said the Poet; "but there again I dispute the profit. You could find plenty of poets who would borrow your funds, but I doubt the security of the loans."

"All of your objections are based on misconceptions," said the Idiot. "The loan department would not lend money. It would lend poems for a consideration to those who are short and who need them to fulfil their obligations."

"Who on earth would want to borrow a poem, I'd like to know?" said the Bibliomaniac.

"Lovers, chiefly," said the Idiot. "Never having been a poet yourself, sir, you have no notion how far the mere faculty of being able to dash off a sonnet to a lady's eyebrow helps a man along in ultimately becoming the possessor of that eyebrow, together with the rest of the lady. I have seen women won, sir, by a rondeau. In fact, I have myself completely routed countless unpoetic rivals by exploding in their ranks burning quatrains to the fair objects of our affections. With woman the man who can write a hymn of thanksgiving that he is permitted to gaze into her cerulean orbs has a great advantage over the wight who has to tell her she has dandy blue eyes in commonplace prose. The commonplace-prose wight knows it, too, and he'd pay ten per cent. of his salary during courtship if he could devise a plan by means of which he could pass himself off as a poet. To meet this demand, our loan department would be established. An unimaginative lover could come in and describe the woman he adored; the loan clerk would fish out a sonnet to fit the girl, and the lover could borrow it for ten days, just as brokers borrow stock. Armed with this he could go up to Harlem, or wherever else the maiden lived, and carry consternation into the hearts of his rivals by spouting the sonnet as nonchalantly as though he had just thought of it. So it would go on. For the following call he could borrow a ballad singing the glories of her raven locks, likening them to the beautiful night, or, if the locks were red instead of black, to the aurora borealis."

"You'd have trouble finding a rhyme to borealis," said the Poet.

"Tutt!" said the Idiot. "What's the matter with 'Glory, Alice,' 'Listen to my story, Alice,' 'I'm going to war so gory, Alice,' 'I fear you are a Tory, Alice' (this for a Revolutionary poem), or 'Come rowing in my dory, Alice'? There's no end to 'em."

"If you'll write a rhyming dictionary I'll buy a copy," was the Poet's sole comment.

"That will come later," said the Idiot. "Once get our clearing-house established, we can branch out into a general Poetry Trust and Supply Company that will make millions. We'll make so much money, by Jove!" he added, slapping the table enthusiastically, "that we can afford to go into the publishing business ourselves and bring out volumes of verse for anybody and everybody. We can deal in Fame! A man that couldn't write his own name so that anybody could read it could come to us and say: 'Gentlemen, I've got everything but brains. I want to be an author and 'mongst the authors stand. I am told it is delightful to see one's book in print. I haven't a book, but I've got a dollar or two, and if you'll put out a first-class book of poems under my name I'll pay all expenses and give you a royalty of twenty per cent. on every copy I give away!' No money in it? Bah! You gentlemen don't know. If you say fortune would not wait upon this venture I say you are the kind of men who would sell government bonds for their value as mere engravings if you had the chance."

"You certainly do draw a roseate picture," said Mr. Whitechoker.

"I do indeed," said the Idiot, "and the paint is laid on thick."

"Well, I hope it goes," said the Poet. "I'll make a deposit the first day of three hundred and sixty-seven ballads, four hundred and twenty-three couplets, eighty-nine rondeaus, and one epic about ten yards in length, all of which I have in my desk at this moment."

"Very well," said the Idiot, rising, "With that encouragement from you I feel warranted in ordering the 'Not Good' stamp at least."

X
Some Electrical Suggestions

"If I were beginning life all over again," said the Idiot, "I'd be an electrician. It seems to me that of all modern pursuits, barring architecture perhaps, electricity is the most fascinating."

"There's probably more money in it than there is in Idiocy, too, I fancy," said the Bibliomaniac, dryly.

"Well, I should think so," assented the Idiot. "Idiocy is merely an intellectual diversion. Electricity is a practical science. Idiocy cannot be said to be anything more than a luxury, while electricity has become a necessity. I do not even claim that any real lasting benefit can come to the world through Idiocy, but in electricity are possibilities, not yet realized, for which the world will be distinctly better and happier."

"It is kind of you to speak so highly of electricity," said the Doctor. "The science may now advance, knowing that you approve."

"Approve?" cried the Idiot. "Approve is not the word, sir. I enthuse—and why should I not, feeling, as I do, that in the electrical current lies the germ of the Elixir of Life! I thoroughly believe that a bottle of liquefied electricity would make us all young."

"Then don't take it!" said the School-master. "You have suffered from an aggravated case of youngness for as long a time as I have known you. Pray do nothing to intensify your youth."

"I fear I shall be forced to deny myself that pleasure, Mr. Pedagog," returned the Idiot, mildly, "for the unhappy reason that as yet the formula for the Electrical Elixir has not been discovered; that it will be discovered before I die I hope and pray, because, unlike the man in the hymn, I would live always. I'd like to be an immortal."

"An immortal Idiot! Think of it!" said the Doctor.

"I didn't expect much sympathy from you, Dr. Capsule," said the Idiot. "The man with car-horses to sell does not dote upon the trolley-car."

"The application of the allegory is not entirely apparent," said the Doctor.

"No?" said the Idiot. "I am surprised. I thought you intellectuals absorbed ideas more quickly. To deal in plain terms, since it appears to be necessary, a plan which involves the indefinite extension of mortal life and the elimination of bodily ills is not likely to receive the hearty endorsement of the medical profession. If a man could come home on a stormy night and offset the deleterious effects of wet feet by swallowing an electric pill, one containing two volts, like a two-grain quinine pill, for instance, with greater certainty than one feels in taking quinine, your profession would have to put up the shutters and go into some such business as writing articles on 'Measles as It Used to Be,' or 'Disorders of the Ante-Electrical Period.' The fine part of it all is that we should not have to rely for our medicines upon the state of the arsenic market, or the quinine supply, or the squill product of the year. Electric sparks can be made without number whether the sun shines or not. The failure of the Peruvian Bark Crop, or the destruction by an early frost of the Castor Oil Wells, would cease to be a hideous possibility to delicate natures. They could all fail for all mankind need fear, for electricity can be generated when and wherever one has need of it. If your electric pills were used up, and the chemist too far away from your house for you to get the supply replenished at the moment, you could put on your slippers and by walking up and down your carpeted floor for ten or fifteen minutes generate enough electricity to see you through. Of course you'd have to have a pair of dynamic-storage-reservoir slippers to catch the sparks as they flew, but I fancy they'd be less costly in the long run than the medicines we have to-day."

"Why have wet feet at all if electricity is to be so all-powerful?" suggested Mr. Whitechoker. "Why not devise an electrical foot-protector and ward off all possibility of damp, cold feet?"

"You couldn't do that with men and women constituted as they are," said the Idiot. "Your foot-protector would no doubt be a good thing, but so are rubber overshoes. Nothing will ever be patented to compel a man to keep his feet dry, and he won't do it except under compulsion, but once having his feet wet he will seek the remedy. It's the Elixir of Life that I bank on most, however. I don't believe there is one among us, excepting Mrs. Pedagog, to whom twenty-five was not the most delightful period of existence. To Mrs. Pedagog, as to all women, eighteen is the limit. But men at twenty-five and women at eighteen know so much, enjoy so much, regard themselves so highly! There is nothing blasé about them then. Disillusion—which I think ought to be called dissolution—comes later. At thirty a man discovers that the things he knew at twenty-five aren't so; and as for a woman at twenty-five, if so be she is unmarried, her life is empty, and if so be she is married, she has cares in the shape of children and a husband, who as a theory was a poet, but who as a reality is a mere business machine who is oftentimes no fonder of staying at home than he was before he was married and went out to see her every night."

"What a wise little pessimist he is!" said Mr. Pedagog to the Doctor.

"Very. But I fail to comprehend why he branches off into Pessimism when Electricity was his text," said the Doctor.

"Because he's the Id—" began the Bibliomaniac, but the Idiot interrupted him.

"Don't jump fences, gentlemen, before you know whether they are made of barbed wire or not. I'm coming to the points you are bringing up, and if you are not careful they may puncture you," he said. "I am not in any sense a pessimist. Quite the contrary. I am an optimist. I'm not old enough or cross-grained enough as yet to be a pessimist, and it's because I don't want to be a pessimist that I want this Elixir of Electricity to hurry up and have itself patented. If men when they reached the age of twenty-five, and women at eighteen, would begin to take this they might live to be a thousand and yet retain all the spirit and feelings of twenty-five and eighteen. That's the connection, Dr. Capsule. If I could be twenty-five all my life I'd be as happy as a bird—and if I were the Poet here I'd immortalize that idea in verse—

"A man's the biggest thing alive
When he has got to twenty-five;
And as for woman, she's a queen
Whose summers number just eighteen."

"That's a good idea," returned the Poet. "I'll make a note of that, and if I sell it I'll give you a commission."

"No, don't do that," said the Idiot, slyly. "I shall be satisfied to see your name in print."

The Poet having accepted this sally in the spirit in which it was intended, the Idiot resumed:

"But of course the Elixir and the Electrical Pills are as yet all

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