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It would make two-thirds of the telephones, cables, and switchboards of all countries. Nearly one-quarter of its citizens would work in factories, while the others would be busy in six thousand exchanges, making it possible for the people of the United States to talk to one another at the rate of SEVEN THOUSAND MILLION CONVERSATIONS A YEAR.

He has calculated that the day on which he returns the plane, accompanied by the remuneration agreed upon, he will have effected more work, with the same labour, thanks to this tool. A profit will remain to him, otherwise he would not have borrowed. The two services of which we are speaking are exchanged according to the law which governs all exchanges, the law of supply and demand.

A drunkard is one who exchanges ambrosia and nectar for garbage. A profligate is one who declines an invitation to banquet with the gods that he may dine out of an ash barrel. What blight is to the vine, sin is to a man.

One singularity in this ideal household was the avoidance of those middle exchanges between production and consumption, which enrich the shopkeeper but impoverish his customers. Not one of these exchanges is made without loss, and the multiplication of these losses would weaken even a man of fortune.

He insists that Congress has no power to regulate currency or exchanges, none to mitigate the embarrassments of the country, none to relieve its prostrate industry, and even if the power did exist, it would be unwise, in his opinion, to exercise it!

Charitable organizations have given relief, but it is not properly a question of charity; private agencies have made a business of bringing together the employer and the employee, but not always treating fairly the employee; permanent free labor exchanges are now being tried by governments.

Several of these 'exchanges' are from the United States or Australia, for the colonists are often more interested and concerned about local affairs in the old country than they are with the doings in the metropolis. Against the wall, too, hangs a picture of a fine steamer careering under sail and steam, and near it a coloured sectional map of some new township marked out in squares.

Of late years, those soundest of philanthropists, the men of common-sense who labor unweariedly to facilitate exchanges between civilized nations, have endeavored to promote in every possible manner the adoption of the same system of currency, weights and measures among civilized nations.

Wolmar seeks those real exchanges in which the convenience of each party to the bargain serves as profit for both.

The blind men are only guided by the sound of the bell, and the guide must be very quick to change his positions or he will be caught by his pursuers. The first blind man who catches the guide, exchanges places with him, and the game goes on as before. The players sit in a circle; one is chosen for "postman," is blindfolded, and another is chosen for Postmaster.