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"Our poor Angell is asleep again," said The Lady Pacifist.

Mr. Bryan shook his head.

"He's been that way ever since the war began—sleeps all the time, and keeps muttering that there isn't any war, that people only imagine it, in fact that it is all an illusion. But I fear we are interrupting you," he added, turning to The Philanthropist.

"I was just saying," continued that gentleman, "that you can do anything with money. You can stop a war with it if you have enough of it, in ten minutes. I don't care what kind of war it is, or what the people are fighting for, whether they are fighting for conquest or fighting for their homes and their children. I can stop it, stop it absolutely by my grip on money, without firing a shot or incurring the slightest personal danger."

The Philanthropist spoke with the greatest emphasis, reaching out his hand and clutching his fingers in the air.

"Yes, gentlemen," he went on, "I am speaking here not of theories but of facts. This is what I am doing and what I mean to do. You've no idea how amenable people are, especially poor people, struggling people, those with ties and responsibilities, to the grip of money. I went the other day to a man I know, the head of a bank, where I keep a little money—just a fraction of what I make, gentlemen, a mere nothing to me but everything to this man because he is still not rich and is only fighting his way up. 'Now,' I said to him, 'you are English, are you not?' 'Yes, sir,' he answered. 'And I understand you mean to help along the loan to England with all the power of your bank.' 'Yes,' he said, 'I mean it and I'll do it.' 'Then I'll tell you what,' I said, 'you lend one penny, or help to lend one penny, to the people of England or the people of France, and I'll break you, I'll grind you into poverty—you and your wife and children and all that belongs to you.'"

The Philanthropist had spoken with so great an intensity that there was a deep stillness over the assembled company. The Negro President had straightened up in his seat, and as he looked at the speaker there was something in his erect back and his stern face and the set of his faded uniform that somehow turned him, African though he was, into a soldier.

"Sir," he said, with his eye riveted on the speaker's face, "what happened to that banker man?"

"The fool!" said The Philanthropist. "He wouldn't hear —he defied me—he said that there wasn't money enough in all my business to buy the soul of a single Englishman. I had his directors turn him from his bank that day, and he's enlisted, the scoundrel, and is gone to the war. But his wife and family are left behind; they shall learn what the grip of the money power is—learn it in misery and poverty."

"My good sir," said the Negro President slowly and impressively, "do you know why your plan of stopping war wouldn't work in Haiti?"

"No," said The Philanthropist.

"Because our black people there would kill you. Whichever side they were on, whatever they thought of the war, they would take a man like you and lead you out into the town square, and stand you up against the side of an adobe house, and they'd shoot you. Come down to Haiti, if you doubt my words, and try it."

"Thank you," said The Philanthropist, resuming his customary manner of undisturbed gentleness, "I don't think I will. I don't think somehow that I could do business in Haiti."

The passage at arms between the Negro President and The Philanthropist had thrown a certain confusion into the hitherto agreeable gathering. Even The Eminent Divine was seen to be slowly shaking his head from side to side, an extreme mark of excitement which he never permitted himself except under stress of passion. The two humble guests at the foot of the table were visibly perturbed. "Say, I don't like that about the banker," squeaked one of them. "That ain't right, eh what? I don't like it."

Mr. Bryan was aware that the meeting was in danger of serious disorder. He rapped loudly on the table for attention. When he had at last obtained silence, he spoke.

"I have kept my own views to the last," he said, "because I cannot but feel that they possess a peculiar importance. There is, my dear friends, every prospect that within a measurable distance of time I shall be able to put them into practice. I am glad to be able to announce to you the practical certainty that four years from now I shall be President of the United States."

At this announcement the entire company broke into spontaneous and heartfelt applause. It had long been felt by all present that Mr. Bryan was certain to be President of the United States if only he ran for the office often enough, but that the glad moment had actually arrived seemed almost too good for belief.

"Yes, my friends," continued the genial host, "I have just had a communication from my dear friend Wilson, in which he tells me that he, himself, will never contest the office again. The Presidency, he says, interfered too much with his private life. In fact, I am authorised to state in confidence that his wife forbids him to run."

"But, my dear Jennings," interposed Dr. Jordan thoughtfully, "what about Mr. Hughes and Colonel Roosevelt?"

"In that quarter my certainty in the matter is absolute. I have calculated it out mathematically that I am bound to obtain, in view of my known principles, the entire German vote—which carries with it all the great breweries of the country—the whole Austrian vote, all the Hungarians of the sugar refineries, the Turks; in fact, my friends, I am positive that Roosevelt, if he dares to run, will carry nothing but the American vote!"

Loud applause greeted this announcement.

"And now let me explain my plan, which I believe is shared by a great number of sane, and other, pacifists in the country. All the great nations of the world will be invited to form a single international force consisting of a fleet so powerful and so well equipped that no single nation will dare to bid it defiance."

Mr. Bryan looked about him with a glance of something like triumph. The whole company, and especially the Negro President, were now evidently interested. "Say," whispered The General Public to his companion, "this sounds like the real thing? Eh, what? Isn't he a peach of a thinker?"

"What flag will your fleet fly?" asked the Negro President.

"The flags of all nations," said Mr. Bryan.

"Where will you get your sailors?"

"From all the nations," said Mr. Bryan, "but the uniform will be all the same, a plain white blouse with blue insertions, and white duck trousers with the word PEACE stamped across the back of them in big letters. This will help to impress the sailors with the almost sacred character of their functions."

"But what will the fleet's functions be?" asked the President.

"Whenever a quarrel arises," explained Mr. Bryan, "it will be submitted to a Board.

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