"I have no doubt that you could do great work with 'Hamlet,'" observed the Poet.

"I think so myself," said the Idiot. "But I shall never write 'Hamlet.' I don't want to have my fair fame exposed to the merciless hands of the devastators."

"I shall never cease to regret," said Mr. Pedagog, after a moment's thought, "that you are so timid. I should very much like to see 'The Works of the Idiot.' I admit that my desire is more or less a morbid one. It is quite on a plane with the feeling that prompts me to wish to see that unfortunate man on the Bowery who exhibits his forehead, which is sixteen inches high, beginning with his eyebrows, for a dime. The strange, the bizarre in nature, has always interested me. The more unnatural the nature, the more I gloat upon it. From that point of view I do most earnestly hope that when you are inspired with a work you will let me at least see it."

"Very well," answered the Idiot. "I shall put your name down as a subscriber to the Idiot Monthly Magazine, which some of my friends contemplate publishing. That is what I mean when I say I may shortly lose control of myself. These friends of mine profess to have been so impressed by my dicta that they have asked me if I would allow myself to be incorporated into a stock company, the object of which should be to transform my personality into printed pages. Hardly a day goes by but I devote a portion of my time to a poem in which the thought is conspicuous either by its absence or its presence. My schemes for the amelioration of the condition of the civilized are notorious among those who know me; my views on current topics are eagerly sought for; my business instinct, as I have already told you, is invaluable to my employer, and my fiction is unsurpassed in its fictitiousness. What more is needed for a magazine? You have the poetry, the philanthropy, the man of to-day, the fictitiousness, and the business instinct necessary for the successful modern magazine all concentrated in one person. Why not publish that person, say my friends, and I, feeling as I do that no man has a right to the selfish enjoyment of the great gifts nature has bestowed upon him, of course can only agree. I am to be incorporated with a capital stock of five hundred thousand dollars. One hundred thousand dollars' worth of myself I am to be permitted to retain; the rest my friends will subscribe for at fifty cents on the dollar. If any of you want shares in the enterprise I have no doubt you can be accommodated."

"I'm obliged to you for the opportunity," said the Doctor. "But I have to be very careful about things I take stock in, and in general I regard you as a thing in which I should prefer not to take stock."

"And I," observed Mr. Pedagog—"I have never up to this time taken any stock in you, and I make it a rule to be guided in life by precedent. Therefore I must be counted out."

"I'll wait until you are listed at the Stock Exchange," put in the Bibliomaniac, "while thanking you just the same for the chance."

"You can put me down for one share, to be paid for in poetry," said the Poet, with a wink at the Idiot.

"You'll never make good," said the Idiot, slyly.

"And I," said the Genial Old Gentleman who occasionally imbibes, "shall be most happy to take five shares to be paid for in advice and high-balls. Moreover, if your company needs good-will to establish its enterprise, you may count upon me for unlimited credit."