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The general principle of all perforating machines is a series of hollow needles, which remove rows of small disks of the paper from between the stamps, and thus fit them to be readily torn apart. For convenience of reference and description philatelists have adopted, as a standard of measurement, the space of two centimetres.

Of course, this necessitates the use of two plates for each design. This also gives rise to some interesting varieties, caused by one part of the design being printed upside down. Such oddities are scarce and are highly valued by philatelists. When a plate is to be printed from, it is first warmed, then the ink is applied and rubbed into the lines with a pad.

The animal world has been thoroughly exploited by designers of stamps and many curious products have they shown us. This creature with the fine open countenance hails from North Borneo but it is said that similar creatures have been seen by earnest philatelists after an evening of study in the billiard room of the Collectors Club, followed by a light supper of broiled lobster and welsh rarebit.

It does not profess to be anything more or less than a mere catalogue of goods for sale, but it is an open secret that it represents the combined work and the combined knowledge of the best Philatelists of the day, and that neither trouble nor expense is spared to include within its pages everything that a collector needs to know to enable him to gather his treasures together, and to arrange them in the best possible and most authoritative order.

The paper ordinarily used for books and newspapers is wove. There is a very thin, tough wove paper, much like that familiarly known as "onion-skin," which is called pelure by philatelists. On a few occasions a wove paper, which is nearly as thick as card board, has been used for stamps. Laid paper shows alternate light and dark lines, parallel and close together. These lines are called vergures.

Familiar figures to philatelists are those of Peace and Commerce on the stamps of France, Hope with her anchor on the issues of the Cape of Good Hope and Britannia on several of the British Colonies. The stamps of British East Africa bear a flaming sun and the legend "light and liberty," typical of the light of civilization and progress now dawning upon that part of the world.

"Whose name and address?" asked Spargo. "Mr. Nicholas Cardlestone, 2, Pilcox Buildings, Middle Temple Lane," replied Mr. Criedir. "Mr. Cardlestone is one of the most enthusiastic and accomplished philatelists in Europe. And I knew he didn't possess that set of stamps." "I know Mr. Cardlestone," remarked Spargo. "It was at the foot of his stairs that Marbury was found murdered."

All the same, I do know that man he's Mr. Cardlestone, another barrister. He and Mr. Elphick are friends they're both enthusiastic philatelists stamp collectors, you know and I dare say Mr. Elphick was round there last night examining something new Cardlestone's got hold of. Why?" "I'd like to go round there and make some enquiries," replied Spargo. "If you'd be kind enough to "

Philatelists call these varieties semi-albinos and albinos. The latter term is also applied to envelope stamps which have been embossed without the die being inked. Lithography, while a simpler and less expensive mode of making stamps than those previously described, is not often employed for the purpose. The work is inferior in quality and too easily counterfeited to commend itself.

Much that I have to say will be ancient history to philatelists, but I trust they will remember that this is not especially intended for them and pardon any dryness in it, in view of its intent. Stamp collecting, as pursued to-day, has become something more than an amusement for children. It affords instruction and mental relaxation to those who are older and more serious.