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toward the maintenance and augmentation of that culture that has been the topic of so many encomiums. At this point it should be recalled that it is the pattern of Periclean Athens that is continually in mind in these encomiums. Which brings up, in this immediate connection, the dealings of Periclean Athens with the funds of the League, and the source as well as the destination of these surplus funds. Out of it all came the works on the Acropolis, together with much else of intellectual and artistic life that converged upon and radiated from this Athenian center of culture. The vista of _Denkmaeler_ that so opens to the vision of a courageous fancy is in itself such a substance of things hoped for as should stir the heart of all humane persons.[8] The cost of this subvention of Culture would doubtless be appreciable, but those grave men who have spent most thought on this prospective cultural gain to be had from the projected Imperial rule appear to entertain no doubt as to its being worth all that it would cost. [Footnote 8: _Denk 'mall_] Any one who is inclined to rate the prospective pecuniary costs and losses high would doubtless be able to find various and sundry items of minor importance to add to this short list of general categories on the side of cost; but such additional items, not fairly to be included under these general captions, would after all be of minor importance, in the aggregate or in detail, and would not appreciably affect the grand balance of pecuniary profit and loss to be taken account of in any appraisal of the projected Imperial regime. There should evidently be little ground to apprehend that its installation would entail a net loss or a net increase of pecuniary burdens. There is, of course, the ill-defined and scarcely definable item of expenditure under the general head of Gentility, Dignity, Distinction, Magnificence, or whatever term may seem suitable to designate that consumption of goods and services that goes to maintain the high repute of the Court and to keep the underlying gentlefolk in countenance. In its pecuniary incidence this line of (necessary) expenditure belongs under the rubric of Conspicuous Waste; and one will always have to face the disquieting flexibility of this item of expenditure. The consumptive demand of this kind is in an eminent degree "indefinitely extensible," as the phrasing of the economists would have it, and as various historical instances of courtly s
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