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A very large per centage of heat is lost in its transmutation from a latent form in fuel to an active or available form in steam, and a still greater loss in its transmission into work by machinery. Theoretically, there may be such an equivalence as that named, but practically it is impossible to realize it.

Instead of one annual ship trading to those ports, and allowing the King of Spain twenty-five per cent. out of the profits, the Company might build and charter as many ships as they pleased, and pay no per centage whatever to any foreign potentate. Visions of ingots danced before their eyes, and stock rose rapidly.

We can, therefore, only guess from certain commercial symptoms when it is nearly exhausted. On this point the money articles in the London journals have of late contained many significant hints. The settlements on the Stock Exchange are weekly becoming more difficult, and an enormous per centage is said to be paid at present for temporary accommodation.

The money usually voted by the councils of Government, towards defraying expenses incurred on behalf of the Aborigines of Australia, is but a very small per centage upon the sums that have been received for the sales of lands, and is principally expended in defraying the salaries of protectors, in supporting schools, providing food or clothing for one or two head stations, and perhaps supplying a few blankets once in the year to some of the outstations.

Who cared for him, with his parcel of manuscript, when some European work, which had gone through the experiment of success, could be produced with a smaller expenditure, and without per centage to the author!

If the general rate of profit is 10 per cent, and the rate of interest 5 per cent, the wages of superintendance will be 5 per cent; and though one borrower employ a capital of 100,000l., another no more than 100l., the labour of both will be rewarded with the same per centage, though, in the one ease, this symbol will represent an income of 5l., in the other case, of 5000l.

T. Sheridan, and be entitled to the same remuneration, namely, 1000L. per annum certain income, and a certain per centage on the net profits arising from the office-receipts, as should be agreed upon," &c. &c. The following memorandum of a bet connected with this transaction, is of somewhat a higher class of wagers than the One Tun Tavern has often had the honor of recording among its archives:

When female reputation gets a bad name in the market, 'tis harder to dispose of than falling stock; and your young lords of manors and commanders of cruisers have stomachs like usurers; no per centage will satisfy them; it must be all, or nothing! There was no such foolery in the days of thy worthy father! The honest trafficker brought his cutter into port, with as innocent a look as a mill-boat.

These mezzani get a per centage of eighteen per cent upon every purchase from the seller; and, if you are not aware of this, they will make a pretty per centage upon you besides. It is amusing to get access through them into many interiors that you would not else have heard of, and to have presented to you a new variety of wares, requiring new vigilance on your part every day.

Startling complication of statistics, obtained from the replies of over 1,000 prison governors in the United States to a circular letter addressed to them, and a summary shows that the general average of 909 replies received from the license states, gives the proportion of crime due to drink at no less than seventy-two per cent; the average from 108 officials in Prohibition states giving the per centage at thirty- seven.