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"Some even pretended to enjoy it, and, rather paradoxically, asserted that the abolition of gold had brought about the golden age of primitive legend. Others who felt keenly the falling-off in production, and the absence of those huge stores of unsold commodities which glutted the ancient markets, and gave a nation a sense of wealth in the midst of poverty; the esthetic spirits who lamented the disappearance of the ancient mansions and palaces, which, although they were empty three parts of the year, yet afforded men the consolation of knowing that they were ample enough to shelter the majority of the homeless-men of this stamp were chagrined by the cumbersome mechanism of exchange, which made these glories of the past impracticable, and they were for introducing counters. But counters, although they had the advantage of lacking intrinsic value, would be quite as bad as actual coins if men could entirely trust one another never to repudiate their obligations. Unfortunately Society had grown so honest under the new regime that this condition was fulfilled, and the operation of counters would have been identical with that of money. Moreover, counters would have brought back card-playing, horse-racing, fire and life assurance, and other forms of gambling, which without them involved such complex calculations and valuations of loaves and fishes that all the pleasure was spoilt. When these things were pointed out to the esthetic and the economical, they were convinced and remained of the same opinion.

"But even with all these deficits, the balance in favour of the status quo was eminently satisfactory. It was rediscovered that man really wanted very little here below, and that it was better for all to get it than for some to continue to want it; and, taking into account also the general freedom from war, newspapers, and other evils of a moneyed civilisation, it must be conceded that the common people had very little to grumble at."

"But what of the uncommon people?" I interrupted at last. "They must have been martyred."

"Certainly, for the good of the common people. You see, everything was topsy-turvey. Besides, they suffered only during the earlier stages of transition. There was, for instance, the poet who went round among the workmen to chaffer verses. But there were few willing to barter solid goods for poetry. Here and there an intelligent artisan in love purchased a serenade, and an occasional lunatic (for Nature hath her aberrations under any system) became the proprietor of an epic. But the sons of toil drove few bargains or hard with the sons of the Muses. The best poets fared worst, for the crowd sympathised not with their temper, nor with their diction, and they were like to die of starvation and so achieve speedy recognition. But the minor poets, too, were in sore strait. The market was exceedingly limited. Sellers were many and buyers few. Rondeaux were hawked about from butcher to baker, at ten to the joint, or three to the four-pound loaf, and triolets were going at a hollow-toothful of brandy. A ballade-worth of butter would hardly cover a luncheon biscuit, while a five-act blank-verse tragedy was given away for a pound of tea, and that only when the characters were incestuous and the cesuras irreproachable. A famous female poet was reduced to pawning her best sonnet for a glass of lemonade and a bun.

"Times were no less hard for the comic writer. Hitherto he had only to outrage his mother-tongue, or to debase the moral currency, to find the land ready to accord him of the fat thereof. He used to sit in a room in Fleet street and make or steal jokes in return for gold. By the wonderful mechanism of the old Society other men and women, in whatever part of the world he might stray, would rush to feed and clothe and house him, and play and sing and dance to him, and physic him, and drive him about in carriages, and tell him the news and shave him, and press upon him aromatic mixtures to smoke, and love him, and kowtow to him, and beg of him, and even laugh at his jokes, all in return for making or stealing jokes in Fleet street. Some of these men and women would detest jokes, or have a blindness to their points; nevertheless, not one but would be eager to express in the most practical form his or her sense of the services rendered to Society by the joker. But now that people saw with open eyes through the transparent mechanism of exchange, they were extremely loth to part with their tangible commodities in return for mere flashes of wit or vulgarity. Previously they had only half realised that they were soberly and seriously making coats, or working machines, or smelting iron, while these jesters were merely cudgelling their brains or consulting back files. The complexity of the thing had disguised the facts. But now that they saw exactly what was going on, they became suddenly callous to numerous vested interests, and their new-found desire to know why they should give up the fruits of their labour pressed very cruelly upon innocent individuals. The comic writer found it no joke to live with 'I'd Rajah not's' going at seventy-five to the cigarette, or mockeries of the mother-in-law yielding but a ton of coals to the thousand. Puns were barely vendible, and even comic pictures could only be sold at a great sacrifice of decency.

"The heir was a type of sufferer. When he came around asking for champagne and chicken, the working-man said, 'What are you offering us in exchange?' and he replied, 'My relationship to my father.' But they would not buy.

"Antiquarians and scholars, too, found it a hard task to live. No one needed the things they raked up from the dust-heap of the past. Critics were in an exceptionally critical condition. No one cared to exchange his productions with a man who in return had to offer only his opinion of somebody else's! As this opinion was usually worthless even under the old regime, people soon began to turn up their noses at it, and nobody would give a rusk for the information that Turner was a better artist than Nature, or that hanging was too good for Whistler. Remarks about the Italian Renaissance were accounted paltry equivalents for green peas, invidious comparisons among the Lake poets were not easily negotiable for alpaca umbrellas, and the subtlest misreadings of Shakespeare were considered trivial substitutes for small-clothes. The artists were reduced to borrowing half-rolls from their models, partly because people had gone back to Nature and liked their scenery free from oil, and drank in the Spirit of Beauty without water, and partly because it was so difficult to assess the value of a picture now that critics had been starved out and speculation had died away. Allegorical painters continued a much-misunderstood race, and the fusion of classes had reacted fatally on the brisk trade in 'Portraits of a Gentleman.' People who, in their celestial aspirations after the True, the Good, and the Beautiful, had forgotten that they ate and drank and required food, warmth, and shelter to hatch all these sublime things with Capital Letters-people who had heretofore poured lofty scorn on those who could not forget that a man was a being with a body-these were now the most clamant demanders of the material. Only by the withdrawal of physical necessaries and luxuries did they come to realise how much they had depended on such, or to perceive the impossibility of the Worship of Truth on an empty stomach. Alas! under this crude system of barter the most ardent expression of their sentiments concerning the ideal and the Kalokagathon would not keep them in cigars. The professional paradoxist went about with holes in his boots. Epigrams in hand, sickness at heart, and emptiness at stomach, he crawled through the town in search of a buyer. He offered a dozen of the choicest apothegms for a pair of hob-nailed boots, conjuring the cobbler like the veriest 'commercial' to note the superiority of the manufacture. He pointed out that he travelled with the latest novelties in Impressionist Ethics, perfect unfitness guaranteed. He even offered to make a reduction if the cobbler would take a quantity. The worthy craftsman, stung by the prospect of a cheap job lot of epigrams, was prevailed upon to look at the goods. But when he read that 'Vice is the foundation of all virtue,' that 'Self-sacrifice is the quintessence of selfishness,' and that 'The Good of Evil outweighs the Evil of Good,' he felt that he could do much better with his boots, even if he only employed them to kick the epigrammatist. The poor wretch thought himself lucky when he succeeded in purchasing two epigramsworth of tobacco and a paradoxworth of potatoes. To cap his misfortunes, the nation suffered from a sudden invasion of immigrant epigrammatists, so that cynicisms went a-begging at ten for a sausage-roll. Nor was the dull but moral maxim at less discount than the witty but improper epigram. Essays inculcating the most superior virtues failed to counterbalance a day's charing, and the finest spiritualistic soft soap would not wash clothes. Even the washerwoman deemed her work more real and valuable than the manufacture of moralities too fine for use, and the deliberate effusion of sentiments too good to be true.