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The rhetorical device used in the excerpt is allusion, referencing King Midas to emphasize the pitfalls of equating wealth with success
Allusion is the rhetorical device used in this excerpt from G. K. Chesterton's essay. He references King Midas and Lord Rothschild to draw parallels and make his point about success and failure. The mention of King Midas turning everything to gold serves as an allusion to highlight the negative consequences of equating wealth with success.
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