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It is estimated that $29,535,000 will be required for the payment of pensions for the next fiscal year, an amount $965,000 less than the estimate for the present year.

"The Silver Debate of 1890," in Journal of Political Economy, I, 535, contains a detailed account of the discussion in Congress. W.J. Bryan, First Battle , should be consulted. According to the principle known as Gresham's law, bad money tends to drive out good; or overvalued money to drive out undervalued money. If the face value of a coin is more than its worth as bullion, it is "overvalued."

I also recommend increasing veterans' unemployment allowances from 20 dollars to 25 dollars a week. This would involve additional expenditures estimated at approximately 220 million dollars for the fiscal year. Included in the 1947 Budget is an expenditure of 535 million dollars for veterans' education under provisions of the Servicemen's Readjustment Act.

* State Trials, p. 76, 78. Lesley, p. 41. * Lesley, p. 55. Camden, p. 419. Spotswood, p. 230. Haynes, p. 535. Sir William Cecil, secretary of state, was the most vigilant, active, and prudent minister ever known in England; and as he was governed by no views but the interests of his sovereign which he had inflexibly pursued, his authority over her became every day more predominant.

It is estimated that $29,535,000 will be required for the payment of pensions for the next fiscal year, an amount $965,000 less than the estimate for the present year.

In 1914 exports were valued at $386,000,000; in 1916, at $535,000,000. That England controls this industrial situation was made clear during the war. Then ship tonnage was scarce, and England's regular resources of agricultural supply were cut off. So England called on Ireland to revert to agriculture. Ireland's tillage acreage jumped from 2,300,000 in 1914 to 3,280,000 in 1918.

By Ex-Fire-Chief Warden. 534 The Boy Slave; or, A Young New Yorker in Central America. By Howard Austin. 535 Dunning & Co.; the Boy Brokers. 536 Daniel Boone's Best Shot; or, The Perils of the Kentucky Pioneers. By An Old Scout. 537 Ollie, the Office Boy; or, The Struggles of a Poor Waif. By Allyn Draper. 538 The Two Boy Stowaways; or, A Strange Voyage on a Doomed Ship. By Capt. Thos. H. Wilson.

In normal years, that is, when no war was going on, the total value of imports into the island amounted to about $8,000,000, and the exports to about $16,000,000. The latest Spanish statistics, that is, during 1896, give the importations into Porto Rico as amounting to $18,945,793, and the exports to $17,295,535.

During that war, 100,454 men were sent to Mexico from the United States. They were enlisted for various periods, but served, on an average, thirteen months and one day each, making a total of 109,104 years of military service rendered by our soldiers in that war. The total loss of these men was 1,549 killed in battle or died of wounds, 10,986 died from diseases, making 12,535 deaths.

In accordance with this plan they ought above all, when the war had been practically opened by Hannibal's attack on Saguntum in the beginning of 535, to have thrown a Roman army into Spain before the town fell; but they neglected the dictates of interest no less than of honour.