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When the natives saw us under sail, they came off in canoes, making exchanges with more confidence than before, and giving such extraordinary proofs of their honesty as surprised us. As the ship, at first, had fresh way through the water, several of them dropped astern after they had received our goods, and before they had time to deliver theirs in return.

It is quite important that prompt action should be taken in this matter, in order that any appropriations for better communication with these countries and any agreements that may be made for reciprocal trade may not be hindered by the inconvenience of making exchanges through European money centers or burdened by the tribute which is an incident of that method of business.

"The men I sent over were used to establish telephone exchanges all over the Continent, and some of them became wealthy. It was among this crowd in London that Bernard Shaw was employed before he became famous. The chalk telephone was finally discarded in favor of the Bell receiver the latter being more simple and cheaper. Extensive litigation with new-comers followed.

His steed betrays hard usage. He alights before his adobe dwelling, hastily exchanges courtesies with his townsmen, hurries to an assay office and from thence to the District Recorder's. In the morning, having renewed his provisional supplies, he is off again on his wild and unbeaten route. Why, the fellow numbers already his feet by the thousands. He is the horse-leech.

His customer with whom he exchanges products o he farm for those of industry is organized, labor is organized, business is organized, and there is no way for agriculture to meet this unless it, too, is organized. The acreage of wheat is too large. Unless we can meet the world market at a profit, we must stop raising for export. Organization would help to reduce acreage.

There was one shabby little exchange thirty years ago; but now there are fifty-two exchanges, as the nerve-centres of a vast fifty-million-dollar system. Incredible as it may seem to foreigners, it is literally true that in a single building in New York, the Hudson Terminal, there are more telephones than in Odessa or Madrid, more than in the two kingdoms of Greece and Bulgaria combined.

The ships in the Thames and in all the English ports had their flags half-mast high, the church bells were tolled, business was done "with the great exchanges half-shuttered," garrison music was forbidden. The Duke had left no directions with regard to his funeral, and it was fitting that it should receive the highest honour Sovereign and people could pay.

The matter had to be kept secret; and that was what held doña Bernarda's rage within bounds during her rapid, heated exchanges with her son. Perhaps everything would come out all right in the end something unforeseen would turn up to undo the evil spell that had been cast over Rafael. And in this hope she used every effort to keep Remedios and her father from learning what had happened.

He saw that she spoke of his own volume which she held in a triumphant embrace with a box of caramels, and was filled with a nauseated disgust for his handiwork. Retracing his steps he climbed to the Whig office, and finding Sprague at his desk, he swept a pile of exchanges from a chair and drew it to the editor's elbow.

At last he showed that it was an order from M. de Villars, for the release of Captain Walsingham, and of all the English prisoners, belonging to the Resolute, for whom exchanges had been effected. No favour could be granted in a manner more honourable to all the parties concerned. Walsingham arrived in England without any farther difficulties." "Thank God!" said Mr. Palmer.