le;
they kill only 3,000 odd per year. The snakes are much more interested
in man. India swarms with deadly snakes. At the head of the list is the
cobra, the deadliest known to the world, a snake whose bite kills where
the rattlesnake's bite merely entertains.

In India, the annual man-killings by snakes are as uniform, as regular,
and as forecastable as are the tiger-average and the suicide-average.
Anyone who bets that in India, in any three consecutive years the snakes
will kill 49,500 persons, will win his bet; and anyone who bets that in
India in any three consecutive years, the snakes will kill 53,500
persons, will lose his bet. In India the snakes kill 17,000 people a
year; they hardly ever fall short of it; they as seldom exceed it. An
insurance actuary could take the Indian census tables and the
government's snake tables and tell you within sixpence how much it would
be worth to insure a man against death by snake-bite there. If I had a
dollar for every person killed per year in India, I would rather have it
than any other property, as it is the only property in the world not
subject to shrinkage.

I should like to have a royalty on the government-end of the snake
business, too, and am in London now trying to get it; but when I get it
it is not going to be as regular an income as the other will be if I get
that; I have applied for it. The snakes transact their end of the
business in a more orderly and systematic way than the government
transacts its end of it, because the snakes have had a long experience
and know all about the traffic. You can make sure that the government
will never kill fewer than 110,000 snakes in a year, and that it will
newer quite reach 300,000 too much room for oscillation; good speculative
stock, to bear or bull, and buy and sell long and short, and all that
kind of thing, but not eligible for investment like the other. The man
that speculates in the government's snake crop wants to go carefully. I
would not advise a man to buy a single crop at all--I mean a crop of
futures for the possible wobble is something quite extraordinary. If he
can buy six future crops in a bunch, seller to deliver 1,500,000
altogether, that is another matter. I do not know what snakes are worth
now, but I know what they would be worth then, for the statistics show
that the seller could not come within 427,000 of carrying out his
contract. However, I think that a person who speculates in snakes i