I know a man, for example—his name is Spugg—whose private bank account was overdrawn last month twenty thousand dollars. He told me so at dinner at his club, with apologies for feeling out of sorts. He said it was bothering him. He said he thought it rather unfair of his bank to have called his attention to it. I could sympathise, in a sort of way, with his feelings. My own account was overdrawn twenty cents at the time. I knew that if the bank began calling in overdrafts it might be my turn next. Spugg said he supposed he'd have to telephone his secretary in the morning to sell some bonds and cover it. It seemed an awful thing to have to do. Poor people are never driven to this sort of thing. I have known cases of their having to sell a little furniture, perhaps, but imagine having to sell the very bonds out of one's desk. There's a bitterness about it that the poor man can never know.

With this same man, Mr. Spugg, I have often talked of the problem of wealth. He is a self-made man and he has told me again and again that the wealth he has accumulated is a mere burden to him. He says that he was much happier when he had only the plain, simple things of life. Often as I sit at dinner with him over a meal of nine courses, he tells me how much he would prefer a plain bit of boiled pork with a little mashed turnip. He says that if he had his way he would make his dinner out of a couple of sausages, fried with a bit of bread. I forgot what it is that stands in his way. I have seen Spugg put aside his glass of champagne—or his glass after he had drunk his champagne—with an expression of something like contempt. He says that he remembers a running creek at the back of his father's farm where he used to lie at full length upon the grass and drink his fill. Champagne, he says, never tasted like that. I have suggested that he should lie on his stomach on the floor of the club and drink a saucerful of soda water. But he won't.