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"Why, you poor innocent child, that is the name they give to those nightly promenades that our handsome queen took a year ago in the moonlight on the terrace at Versailles. Oh, that was a merry time! The iron fences of the park were not closed, and the dear people had a right to enter, and could walk near the queen in the moonlight, and hear the fine music which was concealed behind the hedges.

Captain Lloyd took us to the Riviere Noire, which is several miles to the southward, that I might examine some rocks of elevated coral. We passed through pleasant gardens, and fine fields of sugar-cane growing amidst huge blocks of lava. The roads were bordered by hedges of Mimosa, and near many of the houses there were avenues of the mango.

Carroll drew in the sweet fresh breeze as though it were the breath of life to him, and almost shouted with pleasure at the sight of the catkins on the nut-bushes, and the 'goslings' on the willows, and the yellowhammers and thrushes hopping in the hedges. They got down for a moment at Moor Cottage to see the children's home, and be introduced to Anna and Guard.

Men of science, like young colts in a fresh pasture, are apt to be exhilarated on being turned into a new field of inquiry, to go off at a hand-gallop, in total disregard of hedges and ditches, losing sight of the real limitation of their inquiries, and to forget the extreme imperfection of what is really known.

Surely the leagues of bright green lawns are swept and brushed and watered every day and their grasses trimmed by the barber. Surely the hedges are shaped and measured and their symmetry preserved by the most architectural of gardeners.

From the windows of a night express in Europe or the older portions of the United States, one looks on houses and lights, cultivated fields, fences, and hedges; and, hurled as he may be through the darkness, he has a sense of companionship and semi-security. Far different is it when the long train is running over those two rails which, seen before night set in, seem to meet on the horizon.

Scott now proposed a walk in the garden, which was planted in the Dutch style of stiff walks with high hedges, and was, according to the present taste, any thing but admirable. Its appearance, however, was extremely curious, contrasted with the natural and luxuriant beauties of the country by which it was surrounded.

But the constant chorus of the orchards and hedges had shrunk to a casual evensong from a few yet unwearied performers; the robin was beginning to assert himself once more; and there was a feeling in the air of change and departure.

As I walked along the well-kept paths, between white and rosy hawthorn hedges, I kept coming upon new and curious sights; for the birds and beasts are so skilfully arranged that it is more like travelling through a strange and pleasant country than visiting a menagerie.

They cover specific and narrowly defined risks: price fluctuations of currencies, interest rates, commodities, standardized goods, metals, and so on. This is all part of the famous Keynes-Hicks hypothesis. As Holbrook Working proved in his seminal work, hedges fulfill other functions as well but even he admitted that speculators assume risks by buying the contracts.