"Yes," said I. "The thick walls are to make the contents fireproof as well as burglar-proof--and, by the way, I should think you would need fireproof safes still."

"We have no fires, except in the old structures," replied the doctor. "Since building was undertaken by the people collectively, you see we could not afford to have them, for destruction of property means to the nation a dead loss, while under private capitalism the loss might be shuffled off on others in all sorts of ways. They could get insured, but the nation has to insure itself."

Opening the inner door of the safe, I took out several drawers full of securities of all sorts, and emptied them on the table in the room.

"Are these stuffy-looking papers what you used to call wealth?" said Edith, with evident disappointment.

"Not the papers in themselves," I said, "but what they represented."

"And what was that?" she asked.

"The ownership of land, houses, mills, ships, railroads, and all manner of other things," I replied, and went on as best I could to explain to her mother and herself about rents, profits, interest, dividends, etc. But it was evident, from the blank expression of their countenances, that I was not making much headway.

Presently the doctor looked up from the papers which he was devouring with the zeal of an antiquarian, and chuckled.

"I am afraid, Julian, you are on the wrong tack. You see economic science in your day was a science of things; in our day it is a science of human beings. We have nothing at all answering to your rent, interest, profits, or other financial devices, and the terms expressing them have no meaning now except to students. If you wish Edith and her mother to understand you, you must translate these money terms into terms of men and women and children, and the plain facts of their relations as affected by your system. Shall you consider it impertinent if I try to make the matter a little clearer to them?"

"I shall be much obliged to you," I said; "and perhaps you will at the same time make it clearer to me."