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ely to our financial condition. Many of you are business men, and I know how you talk. I ask you to go to see a serious play, and you say: "Well, I will tell you; I am pretty well worn out when business is done, and things are not going just as they should, and I would rather go to the theatre to laugh these days. I don't care to go to the theatre to think." In precisely the same way, when you are called upon, after a hard day of business care and worry, to read a book, and I say to you: "Read Israel Zangwill's 'Children of the Ghetto'; it is one of the greatest studies of our day," you say: "The fact is, I should go to sleep over it. I must have something that has fighting in it. I want 'yore and gore' fiction this year. Later on, when I get over my business difficulties and get where things are easy with me, I'll try Zangwill's 'Children of the Ghetto.' I will sit down with my wife and have her read it aloud." There is great significance in this confession as it appears to me. And what is this "yore and gore" fiction when you analyze it? It is simply a sublimated "dime novel" which, by reason of increased demand for easy reading, on the part of the tired brain, has been put into a little better cover, and published by Harpers. Hitherto it was published by Beadle or some other fellow of that sort. It is current now. The people are reading it. They will continue to do so for a year or two, and then it will disappear. I like what Zangwill said of it a while ago. I cannot quote it exactly, but it was like this: "I had a dream the other night, wherein I scrambled over the roofs of buildings pursued by detectives. I lowered myself by drain pipes. I did business in dark corridors. I retreated up narrow passages with my good broadsword flaming, and laid scores of men at my feet. I was sealed up in dungeons. I was snatched out of the deep by the hair of my head. I slew men in hecatombs; and then, when the morning came and I awoke, there was not a shred of intellectual wrack left behind on which my mind could take hold. I had dreamed it all with the cerebellum. It was all organic. Why didn't I dream a novel by Turgenef, or Bjornsen? It takes brains to write "Fathers and Sons" or the "Bankrupt," and it takes brains to read such masterpieces." With all due respect to the very calm and fine position taken by Professor McClintock [Prof. W. D. McClintock had asserted his belief that the twentieth century would stand for a great
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