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Updated: May 6, 2025


In this country the facts are hard to obtain, but many a man smokes twelve four-cent cigars a day, and many a man four twelve-cent cigars, spending in either case about half a dollar a day and not far from two hundred dollars per annum.

I tell you, Father, the code of the Southern gentleman won't work in Wall Street." "And I'll tell you why there are no Southern gentlemen," growled his father. The Silver Fleece was golden, for its prices were flying aloft. Mr. Caldwell told Colonel Cresswell that he confidently expected twelve-cent cotton. "The crop is excellent and small, scarcely ten million bales," he declared.

Later on other deluges had discoloured and damaged the winter crop. Jadwin was now, by virtue of his recent purchases, "long" one million bushels, and the market held firm at seventy-two cents a twelve-cent advance in two months. "She'll react," warned Gretry, "sure. Crookes and Sweeny haven't taken a hand yet. Look out for a heavy French crop. We'll get reports on it soon now.

In the bottom lay a fine black residue; and in that residue glittered the tiny yellow particles. We had actually panned our first gold! Our friend examined it critically. "That's about a twelve-cent pan," he adjudged it. Somehow, in a vague way, we had unreasonably expected millions at a twist of the wrist; and the words, "twelve cents," had a rankly penurious sound to us.

However, the miner patiently explained that a twelve-cent pan was a very good one; and indubitably it was real gold. Yank, being older and less excitable, had not accompanied us to the waterside. "Well, boys," he drawled, "that twelve cents is highly satisfactory, of course; but in the meantime we've lost about six hundred dollars' worth of hoss and grub."

But, during the weary night watches, in a bed long since soaked through, and one's safest nightclothes now the stolid Burberry, with face protected by a twelve-cent umbrella, even one's curry and rice saturated to sap with the constant drip, and everything around one rendered cold and uncomfortable enough through a perforation in its slenderest part of the worn-out bamboo matting ah, it was then, then that one would have foregone with alacrity the dreams of the nomadic life of the wu-pan.

Adopt M. Renouard's principle; after that of what use will marks be? Of what importance is it to me to read on the cork of a bottle, instead of TWELVE-CENT WINE or FIFTEEN-CENT WINE, WINE-DRINKERS' COMPANY or the name of any other concern you will? What I care for is not the name of the merchant, but the quality and fair price of the merchandise.

An abridged edition appeared in the following year; then the call for it was so great that an edition was prepared for reading in schools, in 1880, and finally, in 1881, a twelve-cent edition, that the poor as well as the rich might have an opportunity of reading this fascinating book, Around the World in the Yacht Sunbeam.

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