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antile marine expansion, is a long romance illustrative of Jewish organizing power and success. The Emperor's friendship for Herr Ballin is obviously not entirely disinterested, but the interest at the root of it is an imperial one. In this spirit he cultivates to-day, as he has done since he took over the Empire, the society of all his subjects, German or Jew, who either by their talents or through their wealth can contribute to the success of the mighty task which occupies his waking thoughts, and for all one knows, his sleeping thoughts--his dreams--as well. Accordingly, the wealthy German is quite aware that if he is to be reckoned among the Emperor's friends he must be prepared to pay for the privilege, since the Emperor is neither slow nor shy about using his influence in order to make the more fortunate members of the community put their hands deeply into their pockets for national purposes. A little time ago he invited a number of merchant princes and captains of industry, as American papers invariably call wealthy Germans, to a _Bier-abend_ at the palace. When the score or so of guests were seated, he announced that he was collecting subscriptions for some public object--the national airship fund, perhaps--and sent a sheet of paper to Herr Friedlander Fuld, the "coal-king" of Germany, to head the list. Herr Fuld wrote down L5,000, and the paper was taken back to the Emperor. "Oh, this will never do, lieber Fuld," he exclaimed, on seeing the amount. "At this rate people will be putting down their names for L50. You must at least double it." And Herr Fuld had to do so. A few weeks afterwards there was another invitation to the palace, and the same sort of scene took place. A little later still Herr Fuld got a third invitation, and as an imperial invitation is equivalent to a command, he had to go. When he arrived he noticed his fellow-industrials looking uneasy, not to say sad. The Emperor noticed it too, for his first words were: "Dear gentlemen, to-night the beer costs nothing." Throughout the reign Germany has made it her constant policy to cultivate friendly relations with the United States. Chancellor von Buelow, in 1899, apropos of Samoa, said in the Reichstag: "We can confidently say that in no other country has America during the last hundred years found better understanding and more just recognition than in Germany." This is true of the educated classes, professional, professorial, and scientific; but
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