“Bosh! it would do us good, shake things down to rock bottom, make us quit gambling and go to work. In this country, the net result of most people losing their money is that they begin to lead useful lives.”

“It would never do, you are joking. The banks, the money of the widows and orphans.”

“What most politicians and financiers are concerned about is their own money and their own speculations,” suggested Mr. Bang.

“The Canadian is a gambler no doubt,” said Uncle, “but when he loses in the gamble he cheerfully faces the issue.”

“But the trouble is that while he will cheerfully face adverse fortune himself, he expects others to accept the fate he brings them with equal nonchalance,” objected the disagreeable one.

“You Tories are to blame for Tom and Jerry’s road, the ‘Poverty, Distress and Want’,” claimed Mr. Fraser.

“I deny the allegation,” retorted Uncle with affected heat.

“Laurier wasted over two hundred million dollars on the Transcontinental,” said Mr. Bang. “The road was built to win the support of Quebec. So the price we pay for the honour of having Laurier Prime Minister for two extra terms is at least two hundred million dollars.”

“The road will pay some day and be regarded as a blessing.”

“That is a delightful possibility. But I know, know with a big ‘K,’ that the reason the Transcontinental was built was to hold Laurier in power. Quebec is always ready for public expenditure—within Quebec. The habitant makes his own whiskey, grows his own tobacco, pays no taxes. If debt is heaped up he can look on with indifference.”