"I'll tell you: it's because of dividends that can't be declared. The banks' profits are so high they couldn't begin to share them in dividends; the public wouldn't stand for it. So they buy property, build buildings, and pile up capital. At the same time they are starving their clerks."

"But," said Evan, feeling obliged to stand up for the institution that gave him employment, whether that employment was respectably paid for or not, "isn't it up to the clerk? If he is willing to work for a certain salary the bank isn't going to throw money at him."

Robb, to Evan's surprise, laughed heartily, then sneered.

"My dear Boob," he said, "they've got you by the whiskers all right..... Now look here: the bank hangs a great big bluff from beginning to end. It tells juniors they will be well paid after a while—as soon as they are experienced. But it doesn't fulfil that promise. When the junior becomes a senior he is told that he would have succeeded if he had done certain things. Isn't that what they told me?"

They were at the bank. The day before a holiday is no time for distracting thoughts. Evan went in and concentrated on his work, and Robb on his. The conversation they had had must come up for future consideration. That is the way with bankclerk "consideration": it is always future.

Four weeks had made Evan fairly familiar with the ways of a city office. On the cash book he had a good opportunity to see the workings of the entire system, for the cash book is a concentration of all business; it is an itemized general ledger. Evan was rushed from morning till night, and worked many a night. Yet he did not find that in the routine which satisfied his intellect. He knew himself to be a machine; not a creative machine—there is no such thing—but a reconstructive instrument. He was a meat-grinder, a fanning-mill, after that a phonograph—nothing more. Yet, from sheer physical and superficially mental activity he was, in a measure, satisfied with his lot. He derived satisfaction from a comparison of his working ability with that of other clerks. He should have compared himself with a star in the sky instead of a knot-hole in the fence. There is a ridiculous, childish satisfaction in measuring one's self by an inferior, or even a peer. It is an ignoble source of content. But, aside from flattering himself into a species of content, in that way, Evan sated his natural ambitions in continuous work. The laborer is reconciled to his place because he really gets something done, though it be to another's benefit almost entirely: Evan knew he could not work so hard without accomplishing something. He did accomplish something—for the bank.

Evan Nelson was wearing himself out, body and brain, for much less than a living wage. The experience he got was no longer of value to him; every day's work was a repetition of the previous day's work. He had no time for study or advancement of any sort. For what then was he working?—the salary. Evan did not realize it, but, he worked night and day for that seven or eight dollars per week. It was all he got, therefore it alone must have been his reward. And year after year in the bank, it would be the same way. If the business did not keep faith with him, if it did not reward him according to his works, in 1907, would it do so in 1908 or 1912? No; it would keep up its policy of delusion and perpetuate for ever and ever its vain promises. Then, some day, it could, with impunity, turn on him and break him.

"Good morning, Nelson," said Key, coming to call; "what time did you get balanced last night?"

"I had a first shot," replied Nelson.

"Hooray!" cried Key.