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The merchants and business-men of San Francisco did not intend to be ruined by such a course. I raised the rate of exchange from three to three and a half, while others kept on at the old rate; and I labored hard to collect old debts, and strove, in making new loans, to be on the safe side.

Our enemies have a terrible advantage in the fact that in our midst, in our camps, and along our avenues of travel, they have active partisans, farmers and business-men, who seemingly pursue their usual calling, but are in fact spies. They report all our movements and strength, while we can procure information only by circuitous and unreliable means.

But Warren did not cheat his customers, nor practice "an imposition under fair pretences." He was a humbug, but he was an honest upright man, and no one called him an impostor or a cheat. When the tickets for Jenny Lind's first concert in America were sold at auction, several business-men, aspiring to notoriety, "bid high" for the first ticket.

The Towers were thorough-going business-men; they built a large grist mill, with four run of stone, and also a distillery. In those days it was customary for nearly all classes to drink spirituous liquors; hence, the distilleries were sources of great pecuniary interest to those who owned them.

But these two peoples, radically of the same race, had other qualities, no less important than those just named, which combined with their surroundings to favor their development by sea. They were by nature business-men, traders, producers, negotiators.

You can, of course, detect certain classes; as, in the morning the business-men going in, to their counters or their desks, and in the afternoon the shoppers coming out, laden with paper parcels. But I think no one can truly claim to know the regular from the occasional passengers by any greater cheerfulness in the faces of the latter.

By seven or half-past seven o'clock in the morning the steam is heard by us, as we are snug in bed, fretting through the waste-pipe of the early boat for Glasgow; and with great complacency we picture to ourselves the unfortunate business-men, with whom we had a fishing excursion last night, already up, and breakfasted, and hurrying along the shore towards the vessel which is to bear them back to the counting-house and the Exchange.

Clinch to himself, "that stops business at mid-day to go to dinner, and employs women-servants to talk to business-men, is played out." He stepped from the silent building into the equally silent Kronprinzen Strasse. Not a soul to be seen anywhere.

Shrewd and intelligent business-men, who had made for themselves fortunes, embraced these ridiculous opinions, and seemed at once, upon taking hold of railroad-enterprises, to lose whatever of common sense they before might have possessed; and even at the present day these same men have not the manly honesty to acknowledge their errors, but endeavor to cover them up with greater.

Sir, you cannot have people of cultivation, of pure character, sensible enough in common things, large-hearted women, grave judges, shrewd business-men, men of science, professing to be in communication with the spiritual world and keeping up constant intercourse with it, without its gradually reacting on the whole conception of that other life.