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I replied to the effect that water-rates had to be paid, and that it seemed to me immaterial whether they were paid in June or September. "That's not it," he answered, "it's the principle of the thing. Why should you pay for water you have never had? What right have they to bully you into paying what you don't owe?" He was a fluent talker, and I was ass enough to listen to him.

When all the financial world was clamoring for money and perishing through lack of it, the first of each month many thousands of dollars poured into his coffers from the water-rates, and each day ten thousand dollars, in dime and nickels, came in from his street railways and ferries.

The water is of excellent quality, being remarkably free from impurities, either organic or mineral. The total amount expended on the water-works from 1864 to December 1, 1884, is $1,653,456, and the income from water-rates for the year ending December, 1884, was $107,515.

The total annual amount of rent received from each house is $2,353, which, after paying taxes, water-rates, gas-bills, and all other expenses, including all repairs necessary to keep the building in good order, leaves a full six per cent. interest upon the sum invested.

Mr Lillyvick? It was, indeed, the collector of water-rates who, regarding Nicholas with a fixed look and immovable countenance, shook hands with most portentous solemnity, and sat himself down in a seat by the chimney-corner. 'Why, when did you come here? asked Nicholas. 'This morning, sir, replied Mr Lillyvick. 'Oh! I see; then you were at the theatre tonight, and it was your umb