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The promised restoration of light and commencement of a new era were therefore hailed with rejoicings and thanksgivings. The Saxon and other northern nations kept a festival at this time of the year in honour of Thor, in which they mingled feasting, drinking, and dancing with sacrifices and religious rites. It was called Yule, or Jule, a term of which the derivation has caused dispute amongst antiquaries; some considering it to mean a festival, and others stating that Iol, or Iul (spelt in various ways), is a primitive word, conveying the idea of Revolution or Wheel, and applicable therefore to the return of the sun. The _Bacchanalia_ and _Saturnalia_ of the Romans had apparently the same object as the Yuletide, or feast of the Northern nations, and were probably adopted from some more ancient nations, as the Greeks, Mexicans, Persians, Chinese, &c., had all something similar.

Whether the universe is really a paying concern, or whether it is an inflated bubble that must burst sooner or later, this is another matter. If people were to demand cash payment in irrefragable certainty for everything that they have taken hitherto as paper money on the credit of the bank of public opinion, is there money enough behind it all to stand so great a drain even on so great a reserve? Probably there is not, but happily there can be no such panic, for even though the cultured classes may do so, the uncultured are too dull to have brains enough to commit such stupendous folly. It takes a long course of academic training to educate a man up to the standard which he must reach before he can entertain such questions seriously, and by a merciful dispensation of Providence, university training is almost as costly as it is unprofitable. The majority will thus be always unable to afford it, and will base their opinions on mother wit and current opinion rather than on demonstration.

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