Paris, March 1898.
To the Editor:
—It is an unfortunate attribute of human nature, that our thoughts and our actions, instead of flowing on in a steady and even current, are too often marked by great tidal waves that, rising to a certain height, settle back again to their original level. We seem in this respect to be governed by the same laws that govern the progress of great, wide-spread epidemics, like, for instance, the influenza which beginning at a certain point disseminates itself until it encircles the entire globe. Following the same law, we see level headed men, who have amassed a fortune by their economy and industry, seized by a speculative craze, and squander the savings of a lifetime in a single day. Religious epidemics attack communities and during their prevalence, men of small caliber are able to convert their thousands, while, when this wave of excitement has