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the place in life in which I had been born, and hold conversation and mingle with men who talked about just such things as ethics. And this is the first time I have ever heard the word pronounced. Which is all by the way, for you are wrong. It is a question, neither of grammar nor ethics, but of fact."

"I understand," I said. "The fact is that you have the money."

His face brightened. He seemed pleased at my perspicacity.

"But it is avoiding the real question," I continued, "which is one of right."

"Ah," he remarked, with a wry pucker of his mouth, "I see you still believe in such things as right and wrong."

"But don't you? - at all?" I demanded.

"Not the least bit. Might is right, and that is all there is to it. Weakness is wrong. Which is a very poor way of saying that it is good for oneself to be strong, and evil for oneself to be weak - or better yet, it is pleasurable to be strong, because of the profits; painful to be weak, because of the penalties. Just now the possession of this money is a pleasurable thing. It is good for one to possess it. Being able to possess it, I wrong myself and the life that is in me if give it to you and forego the pleasure of possessing it."

"But you wrong me by withholding it," I objected.

"Not at all. One man cannot wrong another man. He can only wrong himself. As I see it, I do wrong always when I consider the interests of others. Don't you see? How can two particles of the yeast wrong each other by striving to devour each other? It is their inborn heritage to strive to devour, and to strive not to be devoured. When they depart from this they sin."