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But until within recent years there was only one coin, the copper cash, in use, bullion and paper notes being the other media of exchange. Silver Mexican dollars and subsidiary coins came into use with the advent of foreign commerce. Arts

Nisbet, however, who had long been familiar with the business, insisted there was a profit, in the fact that the gold-dust or bullion shipped was more valuable than its cost to us. We, of course, had to remit bullion to meet our bills on New York, and bought crude gold-dust, or bars refined by Kellogg & Humbert or E. Justh & Co., for at that time the United States Mint was not in operation.

"The quicker you proceed, sir," said Miss Belcher, rapping the table, "the sooner we are likely to discover." Russell's waggons "Russell and Co., Falmouth to London" were huge vehicles that plied along the Great West Road under an escort of soldiers, and conveyed the bullion and other treasure landed at Falmouth by the Post Office packets.

Sir Moses was much out of spirits. On our return we went to Colonel Hodges, who said that Boghoz Bey had refused to give up the bullion seized on the previous day, but added that he should go himself to the Pasha, and if it was not restored in twenty-four hours, he would strike his flag and go on board the Asia, and would take Sir Moses and Lady Montefiore with him.

This young officer is in full uniform, as if on parade. He is all agleam with bullion, a blue-and-gold edition of the Poetry of War. A wave of derisive laughter runs abreast of him all along the line. But how handsome he is! With what careless grace he sits his horse! He reins up within a respectful distance of the corps commander and salutes.

His experiences in the West Indies and Mexico he published in 1648 under the name of "The English-American, or a New Survey of the West Indies," a most entertaining book, which aimed to arouse Englishmen against Romish "idolatries," to show how valuable the Spanish-American provinces might be to England in trade and bullion and how easily they might be seized.

Since the reformation of the gold coin, the exchange has been constantly in favour of England, and against France. Secondly, In some countries the expense of coinage is defrayed by the government; in others, it is defrayed by the private people, who carry their bullion to the mint, and the government even derives some revenue from the coinage.

'My fancy, said he, 'inclines me to convert Boston into an observatory, and Philadelphia into a tea-garden, and nothing but an amiable regard for the comfort of a handful of families prevents at once from carrying such plans into effect. My mansion is of necessity unproductive; and the Mississippi bullion is greatly needed where it already is.

"It's well he didn't stay to pick 'em up; they'd 'ave stuck to his fingers like wax. He couldn't have let 'em alone." "What a good man he is!" said the overjoyed little woman. "Good man! He's crazy. Old Bullion giving away gold pieces to a baby! He's lost his wits, sure. He never gave away a sixpence before in his life. Oh, he's cracked, without a doubt. I must keep watch of him.

Old Bullion has a stack of rich things in his shack; of Persian rugs and antique jugs and costly bric-a-brac. There's art work in the hall, fine paintings on the wall; and yet a gloom as of the tomb is hanging over all. Here costly books abound. "This cost a thousand pound; that trade-mark blur means Elzivir I've nothing cheap around.