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The first is the natural requirement of Germany, that there shall be completest guaranty against future aggression, constituting what is so well known among us as "Security for the Future."

Servants those important personages, who in modern days keep the houses and permit their masters and mistresses, on the payment of a round sum per week, to live in the house with them those ubiquitous personages, who seem to have the faculty of being precisely where they are not wanted, when any family trouble is to be ventilated, servants were in the house at the time, and there was no guaranty whatever that they had not been sufficiently near to hear every awkward word that had been spoken.

"It is possible that the difficulty might be obviated by the establishment of geographical zones, and leaving to the groups of nations thus formed the enforcement of the peaceful settlement of disputes. But if that is done why should all the world participate? We have adopted a much modified form of this idea in the proposed Pan-American Treaty by the 'guaranty' article.

Among its eleven directors are the President and two Vice-Presidents of the Guaranty Trust Company.

We deem the independence and equal rights of the smallest and weakest member of the family of nations entitled to as much respect as those of the greatest empire, and we deem the observance of that respect the chief guaranty of the weak against the oppression of the strong. We neither claim nor desire any rights or privileges or powers that we do not freely concede to every American republic.

The stern duty of administering the vast and complicated concerns of this Government affords in itself a guaranty that he will not attempt any violation of a clear constitutional right. After all, he is no more than the chief executive officer of the Government. His province is not to make but to execute the laws.

New envoys from Guatemala, Colombia, Bolivia, Venezuela, and Nicaragua have recently arrived at this capital, whose distinction and enlightenment afford the best guaranty of the continuance of friendly relations between ourselves and these sister Republics.

It is vitally important that some such agency should be a guaranty against suspended operation. The public must be spared even the threat of discontinued service.

Thomas W. Gilmer, Secretary of the Navy, whose career at his entrance upon the duties of his office, would have been nobly maintained by that ability and vigor of which his whole previous life had been the guaranty, the flags of all vessels in commission, navy-yards, and stations are to be hoisted at half-mast on the day after the receipt of this order, minute guns to the number of seventeen are to be fired between sunrise and sunset, and crape is to be worn on the left arm and upon the sword for the space of three months.

Twenty-three years after the events already recorded, on a cold afternoon in February, the Bois de Boulogne appeared to be draped in a Siberian mantle rarely seen at that season. A deep and clinging covering of snow hid the ground, and the prolonged freezing of the lakes gave absolute guaranty of their solidity.