"That's all there was to it," said the Hatter. "It was printed in one of our Magazines and within forty-eight hours the ambulance from the Insane Asylum was called out 737 times by people who had gone crazy trying to find out what it meant. It capped the climax. I called a special meeting of the Common Council to take the matter up purely as a matter of public health, and before I went to bed that night they had passed and I had signed an Act giving the control of the Verse Industry to the City and taking it out of the hands of irresponsible, unlicensed independent poets.

"And a good job it was too," said the March Hare.

"And you chose one of the best poets in town for the Commissioner, I suppose?" suggested Alice.

"No we didn't," said the Hatter. "I didn't want any Moonshine in a City Department and no poet is a good business man. I picked out a very successful Haberdasher in the Sixth Ward for the delicate business of organising the Department, and he has done most excellent work. We found that just as a first class confectioner made a splendid manager of our gas plant, and a successful Hoki-Poki merchant had the required push to keep our trolley systems going, so the Haberdasher had the precise kind of genius to manage the poets. He won't stand any nonsense from them, and any poem that he can't understand is immediately thrown into the Civic Waste-Basket, taken to the Municipal Ferry and used for fuel to run the boats. I guess we burn nineteen tons of refuse verse a day, don't we, Alderman?"

"About that—on the average," said the March Hare. "Sometimes it gets as high as twenty tons and occasionally it falls off to sixteen—but using these rejected manuscripts in place of coal has reduced the loss on the Ferry about thirty-eight dollars a year in real money."

"How much is that in bonds?" asked Alice slyly.

"O—let's see," said the Hatter, his face getting very red, "well—I should say on a basis of 43-1/3% to one, thirty-eight dollars would, come to about $97,347.83 in third debenture ten per cent. certificates, exclusive of the cost of printing, advertising, and the number we give away as sample copies."

"Quite a saving," said Alice.

"Yes," said the Hatter. "We save all we can. Economy in real money is our watchword. We never spend a cent where a bond will serve the purpose."