ng splendor.

One grows apace on such a diet;
It fires the blood from languor;
Ye neighbor's children, have a care,
This urchin how ye anger!

He is an awkward infant giant,
The oak by the roots uptearing;
He'll beat you till your backs are sore,
And crack your crowns for daring.

He is like Siegfried, the noble child,
That song-and-saga wonder,
Who, when his fabled sword was forged,
His anvil cleft in sunder!

To you, who will our Dragon slay,
Shall Siegfried's strength be given;
Hurrah! how joyfully your nurse
Will laugh on you from heaven!

The Dragon's hoard of royal gems
You'll win, with none to share it;
Hurrah! how bright the golden crown
Will sparkle when you wear it!

But it would not be stranger than many other things which have happened
in human history if the defeat of German military imperialism should
result in restoring to Europe and spreading more widely over the world
the beneficent influence of Germanic civilization. Certainly they are
not the same thing, and they do not stand or fall together.

GEORGE TRUMBULL LADD.

Yale University, Oct. 20, 1914.

Possible Profits From War

INTERVIEW WITH FRANKLIN H. GIDDINGS.

Dr. Giddings is Professor of Sociology and the History of
Civilization at Columbia University; author of many works on
sociology and political economy; President of Institut
Internationale de Sociologie, 1913.

By Edward Marshall.

No man in the United States is better entitled to estimate the probable
social and economic outcome of the present European debacle than Prof.
Franklin H. Giddings of Columbia, one of the most distinguished
sociologists and political economists in the United States.

"Today all Europe fights," he said to me, "but, also, today all Europe
thinks."

That is an impressive sentence, with which he concluded our long talk,
and with which I begin my record of it.

He believes that this thinking of the men who crouch low in the drenched
trenches and of the women who tragically wait for news of them will
fashion a new Europe.

He agrees with the remarkable opinions of President Butler, that that
new Europe will be marked by the rise of democracy.

He sees the probability of broadened individual opportunity in it,
accompanied by the breaking down of international suspicions; and he
thinks that all these processes, which