February 18.
Waen Max O'Rell said of the American multi-millionaires that to have an income of £2,000 or £3,000 a year was, in their esti-motion, to be living in fairly decent poverty, the majority of his readers must have wished that they could be thus decently poor. But the intervening years have brought their changes. There are more incomes now of £2,000 or £3,000, if we may judge by trade returns, than there used to be: and for this reason, perhaps, their owners are more inclined than formerly to take the millionaires' point of view that they really are but just able to keep their heads above water. Such, at least, is the conclusion to which we are impelled by the correspondence on " Middle-class Expenditure" which has been running briskly for some weeks in "The Spectator." The ball was
Text read from the printed page and cleaned; old type leaves the occasional error.