But there is an awkward side even to the business which enables the principal Irish banks to pay large dividends. So long as care is taken that Mike and Thady do not overdo the accommodation bill system, perhaps no very great harm is done in extending the advantage of moderate credit to the humblest cultivator; but when competition is sharp in a petty townlet between two rival banks, the tendency towards a mischievous extension of credit is almost irresistible, and bank managers are at last driven to look sharply after their clients on market days, lest the ready money which is their due should be deflected to other purposes. The provision man, who has supplied bacon and other necessaries, is on the alert to secure something on account; and if, as is most probable, he has been giving credit somewhat recklessly, he is pinched for money, despite the high rate of profit he has been charging to cover his risk. For some time past the game of credit has been going on gaily; but since the commencement of the present agitation both banks and _gombeen_ men have distinctly narrowed their operations, and the landlord is now the almost universal creditor. The harvest-money has either gone to pay advances or to settle accounts with tradesfolk, so that an awkward future is in preparation for all but the prosperous tenants, of whom there is no lack in counties Clare and Limerick. Whatever the details of the forthcoming Land Act may be when it has passed the ordeal of both Houses of Parliament, the work of passing it will take time, and at least another half-year's rent will accrue before it takes the shape of law. Now, with all the talk of Griffith's valuation, there has been, except in a few cases, no hint of paying that sum "without prejudice" into court or into any bank whatsoever; and the cash held by both farmers and peasants runs, in the opinion of many well qualified to judge, sore risk of diminution before any comprehensive measure can pass through Parliament. Even the well-to-do farmers will be called upon to expend their balance in hand in many ways which they will find difficult to resist. Not only the provision merchants, but the drapers and milliners of Limerick, Ennis, and Galway, will hold out allurements to those in possession of ready money. To put the case briefly, there is great danger that, without any intentional dishonesty on their part, the cultivators, great and small, of Western and South-Western Ireland will hardly be in as good a position for the discharge of their liabilities six months or a year hence as they are at present. The three "F's" will hardly wipe off existing debt, and the result of a division of the population into two sharply defined classes of debtors and creditors is viewed by many thoughtful people with considerable apprehension.