The San Francisco Call. Newspaper, October 23, 1898, Page 24

24 IN HIS EXCITEMENT BEASELEY ESTABLISHED HIMSELF FOR ORATORICAL PURPOSES ON THE HEARTH RUG. ~ €opyright, 185, by O YOU have agreed to ac in the pound from Hat his slow, quiet manner, as he frien after luncheon at the club. 1 could not Well, I said various things, attend the meeting, but I hear that the affairs were ashame showed badly.” , but about t “Yes, we took the sum he offered, and of than a swindler; vy course it would have done no good to put him in Macfar the bankruptey court, as far as the dividend is concerned. “No, Oxle Very likely we should only have netted half a crown; but A e 1 had a good mind to refuse a composition,” And in his SR excitement Beazley established himself for ~oratorical purposes on the hearth-rug—he had recently taken to e municipal politics. “You mean that Hatchard has acted ought not to have got into such a hole. are right. Tomm; “‘Sanguine has nothing to do with i fancy vou know that there's more than waunt of Of course, the longest-headed men In the corn market may make a mistake and be caught by a falling market, but that is no reason why a fellow he could lay nands on. at Hatchar door. #hould take In every fri do you say, Macfarlane That most phlegmatic and silent of Scots never said absolutely necessary, a: ght not to cheat his friends anything unless speech w the proposition that a man was one no person could den “I'm afraid that it is a Macfarlane mitted with reluctance, “but I'm sorry for Tommy n an’'t make up his m a man is at his wits' end he's apt to—forget himself ich there in fact, and do th he would be the first to con- £ demn at other tin mind.” Macfarlane indicated, after consideration, his agree- “That sounds very fine, Oxley,” burst i Beazley, “but it's very trine, and would _co some % curious " transa hard knew quite well that there wasn't one scr: when he was hopelesely bankrupt he ought not v was a perfect when 1 borrowed a thousand from y. five hundr m 1 although a chap * M me; our bu losses were enc jolliest ‘pre’ in th murmur “I was so of him afte LV sound a talking to as ever a man got in this city: SYoYoro¥olo e T The United States to-day, with only one ocean between her and these rich nations of the East, has a trade equal to but one-third that of Great Britain, whose goods must cross two oceans before they reach their destination. yet we have developed to a point where we cannot only compete in trade with the other nations of the world, but can lay down our goods in home markets of the English people. POPEEPEEPRPPRE® 8 these unequal conditions. HE United States should have no con n with militarism or impe- rialism; we are a pacific power,” said a prominent American to a Washington friend. “Of course we are,” replied the other, “but we intend to spell pacific with a large P In the westward course of empire the Pacific Ocean remains the last to be conquered. . Stretching for 12,000 miles along the equator, it covers nearly one. half of the entire globe. Some idea of its size may be gathered from the fact that from San Francisco to Yokohama the distance is 4500 miles, and 1600 miles must be added to reach the Phil- ippines, and 1300 more to reach Singa- pore, the extreme southern limit of the Asiatic c From San Francisco to Honolulu is 2100 miles, and from Hono- lulu to Sydney, Australia, 3500 miles is vast ocean, connecting the new- est and the oldest civilizations, is the coming field in the struggle for trade supremacy. On its western borders are Asia and Australia with thelr isl- ands. The continent of Asfa and. its islands have a population of not less than 840,000,000, with an area of, 14,700,- 000 square miles. The largest of these countries is China with 403,000,000 popu- lation, and over 4,000,000 square miles. Then comes British India, with 387,000, 000 people, and 1,800,000 square miles of territory. Asiatic Russia has 23,000,000 | people in 6,500,000 square miles, Japan | has 42,000,000 population crowded into less than 150,000 square miles of area. The Dutch East Indies have 34,000,000 | people, and the French East Indies 22, | 000,000. | Another tributary to the Pacific on the west is Oceanica, which, with Aus- tralia and the neighboring fslands, has | a population of 12,000,000 people in an area of 3,200,000 square miles. With | Asia and Oceanica together, the popu- | lation aggregates 850,000,000 in an area of 18,000,000 square miles. The trade of these countries of the Pacific is enormous. The latest figuras show that the aggregate imporis are $1,067,000,000, and the azgregate exports $1,060,000,000, making a total forzigy commerce in this territory of $2,127,- 000,000, So much for the “old world” side of the ocean. On the new world side ars the two continents of North and South America, all the countries of which are contributing more or less to this Asi- atic trade. First in importancs stand the United States, wis) 78908000 popu- | John Watson. was always a sanguine chap.” O: A man loses his moral presence of ne to himself. | area and 1 not forget it in a hurry. You see, he is a friend, and that makes me sore. ixpence aid, in Oxley, dryly, th his two tening “Well, no doubt chard has not be foolishly, and I suppose you avored )7\1m with ; then ey, and 1 as if he h udgment -hard ka t will nc ‘What and as gave no si ' Oxley ad- d lines to hadn’t. “If Tommy got Buttery’s house knew olelololololo lation and an area, including Alaska, of 3,500,000 square miles. Mexico has 767,000 square miles and 10,000,000 peo- ple, and Canada 3,300,000 square miles and 5,000,000 inhabitants. In Central America. there is an area of square miles and 3,500,000 people. makes a total for North America nearly 94,000,000 people, and an area of 7,800,000 square miles. In South America 000,000 more people in a territory 00,000 square miles. The (wo h 5,000,000 square -niles of 00,000 people. With the exception of that from th2 United States, only a very small part of the trade of America goes to the Pacific. The imports of this countvy from Asia and Oceanica, according to latest figures, were $119,000,000, and the exports $67,000,000, making a total of $186,000,000. Include the entire trade | of the tern continent in the cific, and total imports reach $261, 00), 'and the total exports $212.00,090. AdGed to the trade of the older coun- the entire commerce of the 1'a- | cific is not less than $2,600,009,000 cach | year, which means that one dollar in even of the world’s trade now every | passes over those waters. | Of this enormous traffic Great Biri ain secures the lion’s share, importing | $265,000,000, and sending out goods to | the value of $335,000,000, or a t trade | of $600,000,000. The United States | stand next, with a total trade in the Pacific of $200,000,000, or ome-third of that of Great Britain. Germauy stands | a close third with $100,000,000 of imports | and $45,000,000 of exports. Prence { fourth on the list with about one-half the trade of Germany. The groeater art of the remaining trade is divided among the eastern countries which bor- der on the Paciflc. Important as is the trade of the Unit- ed States on the Pacific, this country is far from living up to its opportuni- ties. - Take for example the trade with Asia and its neighboring islands. Last r our imports from Asia reached $92,600,000, and our exports to these | countries aggregated $44.800,000, making | a total trade of $137,000,000. This is ap- parently a good showing, but so far as | our imports are concerned there is & | gain of only three millions over 189§, pbreviously the best year of our record. For the past seven years our import | trade has averaged $80,000,000, and dur- ing the past twenty-five years it has rarely dropped below $50,000,000. The relation can best be seen in a | comparison of the imports from Asia with imports from other countries. Last year the percentage from Asia | was fifteen; in 1896 and 1897 the per- | centage was eleven and a half; but even in 1876 Asiatic goods formed 10 per cent of all our imports, and this held %8 an average for the following six d of > conduct, es, I did. moked furiously. he made no reply. vy turned round and w 3 »u think that 1 ought not to have been so h: did what s e r with him. PO years. history of this country, aside-from that of 1897, was in 1826, over seventy years ago, when nearly 14 per cent of our en- tire imports came from Asia. export trade the made no greater improvement. vear the exports to Asia amounted to $44,800,000, but this cent of our entire exports. What is true of Asia as a whole is | largely true of individual nations. one Pacific | large count; aggregate impor with Japan in mAP s ever done that bt be the last. His f: —half woebegone and half despera kes to tasting”’—Macfarlane He's such a soft-hearted COMMERCIAL HIGHWAYS THE SAN FRANCISCO CALL, SUNDAY, Can yvou give us an idea what you said?” inquired while Macfarlane showed that he but the gist was th: him—not about the and that he was littl lked awa. me ex n f from home every chap in as bent on reminisc The highest percentage in the | gated more in 1893, being $27,600,000 in trade with is with Japan, which last year | has been a remarkable gain in the past two years. Last year we sent out more than $20,- | 000,000 worth, and the year before $13,- | bread stuffs, of 000,000. our, OF THE PACIFIC SHOWING Not one word of de- seemed right, n quite straight; but I now under- tws_ hours ago, and what gave me a d your mind about 11, 1 at 12 he came out of a restau- d_been drinking. That is kind of thing, I : was quite ‘was much uch of it; but T was very provoking, ept you two able that he would the other is so ca o0 say anything.” in Tommy; why, he fourth, and he did nd chaffed him; he was chool. It w 1g him to-day—I ha [CXOJOROXCFOXOOXOROJO] United States has was only 3% per any d $46,000,000 in exports and This is the largest total trade history, although our imports from that country aggre- .‘ PACIFIC. OCEAN COMMERCIAL HIGHWAYS e W —‘4t was shared round in three days, and his raspberry Jam was not to be despised. I hear him yet: ‘All right, Ox, dig in, there's lots left.’ l?ow there’s Byles, who rrlmkes"speeche! about hospitals; he was mean if you please. ““Mean ain’t the word for Byles,” and In his enthusi- asm Freddle Beazley dropped into school slang, which no public schoolboy ever forgets, and which lasts from gen- eration to generation, like the speech of the gypsies: “Byles was a beastly gut, and a sneak too; why, for all his cheek now he fsn't fit to black Tommy's shoes. Tommy wasn’t what you would call ‘pie,” but he was as straight as a dle. I'd give £10 not to have called him that word_to-day.” Freddie was breaking down. ‘Poor old Tommy!” went on Oxley. “One never ex- pected him to come such a cropper. He was a good all- round man—cricket, football, sports, Tommy did well for his house. He was a double-color mal “Do ye mind the ten miles, lads?” and Marfarlane chuckled. “Rather,” and Freddie could not sit still. ‘“‘He did it Indor;e hour and twelye minutes and was it fifteen sec- onds?” :‘Thirteen and three-fifths seconds.” Macfarlane spoke ‘with decision. “‘And he could have walked back to Buttery's, as if heml';'u’d never run a yard; but didn’t the fellows carry “I had a leg myself.” Macfarlane was growing loquactous. “Yes, and he didn’t swagger or brag about it"—Oxley took up the running—‘“not he, but was just as civil as if he had won some footling little race at the low country schools, where they haven't a hill within twenty miles, :nstmg of running round Baughfell in the Soundbergh en mile.” “What did old Tommi\,{ do it for?” and Freddie Beaz- ley almost wept at the thought that the crack of Sound- bergh had played foul; “it couldn’t be money; he was never selfish—as open-handed a chap as ever I saw.” “Wife and kids,” answered Macfarlane, smoking thoughtfully. “The Scot has it,” said Oxley. “Tommy doesn’t care one straw for himself, but he wanted, I take it, to kee] that dear little wife of his comfortable and get a good education for his boys, and retrieve himself for their sakes. Mind you, I don’t defend him, but that was his excuse; and now Tommy has gone under.” “Not if I can help It, boys,” and Beazley's face flushed. ‘““‘And I say, here are three of us; why shouldn’t we join and—and—tighten the rope and haul Tommy on his feet again?” Macfarlane took the briar root out of his mouth and regarded Freddie with admiration. “We were all in the same house, and Tommy likes us, and we could do * * * that sort of thing when he wouldn't take it from others; and I say, it would be a Jolly decent thing to do.” “You're all right, Freddie”—Oxley was evidentl pleased—‘‘and we're with you’’ (“shoulder to shoulder,” said Macfarlane, lighting hils pipe with ostentatious care). “Now the first step is to let Tommy know that we have not turned our backs on him; my idea is that if he knows we three are going to stand by him he’ll not throw up the sponge.” ““Liook here,” cried Beazley, “I'll go round this minute, and I'll beg his pardon for at 1 id, and I'll tell him that we haven't forgotten the old d among the hilis, a white man, and * in fact and that we know he’; he’ll take the cup ¥ “That will help mightily; and now let us make up our plans,” said Oxle: And that w for the business Thomas Hatchard how three men joined in a conspiracy and social and personal salvation of I How late you are, Tom—S8 o’clock— and how tired vou look, poor fellow! T've been thinking about you all ay. Was it very trying this morning, or were they nice? They ought to have been, for everybody must know that it wasn’t your fault.’ “No, I don’t think eve: body could know that, Amy dear, for I don’t know it m, d some men have good reason to know the opposite. ' Well, yes, I was * ¢ ¢ rather sick at the meeting, and worsé afterward.” “Did they dare to insuit you, Tom? If they had had one spark of gentlemanly feéling they would have pitied you. Do you mean that they * * * said things? T me, for I want to share every sorrow with you, darling “One man was_very hard on me, and I didn't expect it from him—no, I won't tell you his name, for he be- haved very handsomely in the end. Perhaps'I didn’t de- serve all the sharp words, but I am sure I haven't de- served any of the kind words that were said before the day was done. But never mind about me just now me how you got on. Wasn't it your visiting d +* * any one cal “S¢ you were thinking about me In all your troubles!” —his wife put her arm round Hatchard’s neck—"'and you were afrald I should be deserted because you were victim- ized by those speculators! No “Well, you know, Am society and I think women are the cruelest of all. * + *+ worse, Is that his tell did not vety merciful, What hits a man, if he is unfortunate, or poor’ wife is made to suffer. If her husband has done ikt nean has acted foolishly, well, ., has lost money, his wife is neglected and cut and made -to feel miserable. It's a beastly shame, and I was afraid that—" “1 would be sitting all alone to-day because we are poor. Do you know, Tom, I was just a tiny bit nervous, »u this morning for And now I have splendid news to give you; our e as true as ow answer a question, -e whether ree about the diff n acqu and friends. Mention the nam ee families you would expect to stand by us in our too, although I would not have told world the Beazley though th they feel; am I right? “To a man (and woman), they all called to-day—the women, can; 1 daresay the men called on they all s - nicest things, and what is bes said the nicest thing: ves, they dld, and if you doubt my word we s e—do you really think I would chaff to-day? “Sit there, just where I can lay my head on your shoulder, and 1 shall describe everything. It was 2:30 when 1 began to watch the clock and wonder whether PPEEEE® BY GEORGE B. WALDRON. that year against $25,200,000 during the | past year. Forty years ago there was not a dollar's worth of trade between the two countries, and ten years later the combined exports and imports did not exceed $2,300,000. But in 1878 exchange of goods aggregated $10,000,000 In the Last years later. have multiplied tenfold in the past|of the twelvefold. e oxeo _reices ane NORTH S SINFRANCISCO o AN %200 4., souTH PACIFIC OCEAN OF THE PACIFIC BETWEEN TRADE CENTERS. v omERy o rarus OCTOBER were but $7,700,000, and for about ten years before that from three to five millions, rarely going above that figure. The principal export of Japan is silk. She sends out each year an average the | $23,000,000 worth of raw silk, and $6,000,- 000 of the manufactured goods. and increased to double that figure ten | 40 per cent of the raw silk comes to the Our imports from Japan | United States, and an equal proportion Our | thirty years, and our exports more than | gends out $5,000,000 worth of tea each In exports to Japan there | year, a very large proportion of which comes to the United States. Among the upan other nations by Japan is that for In 1805, however. the exports $4,800,000 a year, but the United States UNITED STATES™ @ 23, 1898 any one would come; have other peopie bad the same feeling? About a quarter to 3 the bell rang, and my heart beat; who would it be? It was nothing—a tax paper, and I began to think what I would have done if the same thing had happened to one of our friends—how 1 would have simply rushed along and been in the house the first decent minute after lunch, and how I weuld—' “I know you would, Pet, and that is why they did it to you. Well, drive on.” < "Exnctlg at eight minutes to 3—Oh, I know the time to-day without mistake—the door opened, and in came Mrs. acfarlane, and do you know what she did? ““She didn't!” eried Hatchard, “not kissed you “Yes, she did, and a real kiss; and she took me in her arms, and I saw tears in her eyes, and—and * * * I cried for a minute; 1 couldn’t help it, and it was quite a comfort. She hadn’t sald a word all this time, and that was just right, wasn’t it?"” e “T'll never say a word against the Scot’s manner again,” sald Tom huskily. “But she spoke quite beautifully afterward, and told me of some trials no one knows, which they had ten years ago, and how they had never loved one another so much before. When reticent people give you their confidence it touches your heart, and we used to think her voice harsh and fo laugh at her accent.” it ¥ for give me!” sal omas; “I'm a fool. “She said: ‘You know how quiet Ronald is and how he hardly ever gets enthusiastic. Well, it would have done flu"ggnd to have heard him speak about Mr. Hatch- ard this rning. He said—""" “Don’t tell me, Amy—it * * * hurts, but I'm grate- ful é-lll the same and will never forget it. And wHo came next?" “Mrs. Oxley; and_what do you think? We are to have their house at Hoylake for August, so the chicks will have their holiday. Mr. Oxley has been quite cast down, she says, about you, for he has such a respect—" “It's good of them to think about the children, but never mind about me.” “You are very unfeeling, Tom, to stop me at the best bits, when I had saved them up and committed them to memory; perhaps you would get vain, however, and be- come quite superior. What do you think of your ‘kind- ness’ and your ‘generosity, and your ‘popularity.; and vour ‘straightness? You are shivering; are you cold?” ““No, no; but you haven’t told me if Mrs. Beazley was kind to you; did she call between 4 and 57" “Yes, but how did you know the hour?” “Oh, I * * * guessed, because she * * * was last, ‘wasn't she?” “She_ apologized for being so late; indeed, she was afraid that she might not get round at all, but I'm so f!ud she came, for no one was more glowing about you; saw, of course, that she was just repeating Mr. Beaz- ley’s opinion, for every one can See how he admires—" “Tom, you are very ungrateful, and for a punishment I'll npt tell you another word. What is wrong? Has any one injured you? Was it Mr. Beazley?” ‘‘Beazley said kinder things in my office to me, in dif- ficult circumstances, too, than I ever got from any man some day, Amy, I'll tell you what he said, but not now- cannot—and he spent two hours canvassing for business to start me as a corn broker, and he got it.” “Oxley has given me a cargo to dispose of, and T never had any of his broking before, and he told me that some of my old friends were going to—to—in fact, see me through this strait, speaking a good word for me and putting things in my way. *Yes, of course Macfarlane came to the office, and sald nothing for fifteen minutes; just gripped my hand and smoked, and then he rose, and as he was leaving, he merely mentioned that Beazley and Oxley had become securities for £5000 at the bank; he is in it, too, you may be sure.” “How grateful we ought to be, Tom dear, and how proud I am of vou, for it's your character has affected every person, because yon are so honorable and high- minded. “’om, something is wrong; Oh, I can’t bear it; don’t ery * * ¢ vou are overstrung * * * 1ife down on the couch, and I'll bathe your forehead with eau de cologne.” “No, I am not ill, ard I don’t deserve any petting; 1f vou knew how mean I have been you would . newse speak to me again. If they had scolded me I would not have cared, but I can’t bear their kindness. st not send for the doctor, else you will my mind is quite right, and it isn't conseienc am not worthy t d. or the friend of these men.” T ill breal my heart if you talk in this way. You 1! when vou are the Kindest, truest, noblest man in all the world—don’t say a word—and evervhody thinks £0. and you must let us judge. Now rest here, and T'l get a nice little supper for you,” and his wife kissed him again and again. “Tt's 1o _use trying to undeceive her,” Hatchard satd to himself when she was gone; ‘“she believes in me, and those fellows belleve in \me—Freddie more than anybod after all he said; and please God they will not be diss pointed in the end.’ % Do idesy 1L “You've got here befére me, Mac,” cried Freddie Beaz- ley, bursting Into Oxley’s private office room, ~and 1 st Pl scooted round. OR, I say, you've broken every bone v hand. you great Scotch ruffian; take the ruler out fist, Ox. for heaven's sake, or else he'll brain us, u old scoundrel, read that letter aloud. Mac wasn't ‘a creditor—he wishes he was this day—and he doesn't know I8 verbatim. and I'm nat gure about a word or two. Stand up, old man, and do the thing pr There now, we're ready.” S8 July 7, 1897. Dear Sir—It will be in your recollection that in July. 7 s obliged to make a\composition with my credl- tors while trading as a corn merchant under the style of Thomas Hatchard Co., and that they were good enough to accept the sum of 7 shillings and 6 pence In the pound Immediately thereafter, as you may be aware, I be- gan business as a corn broker, and owing to the kind assistance of certain of my creditors and other friends re, had considerable suceess. Having made a careful examination of my affairs, find that 1 can now afford to pay the balance of 13 muill: ings and § pence which is morally due to my creditors of 1887, and it affords me much personal satisfaction to dis- charge this obligation, 1 therefore beg to inclose a check for the amount ow- ing to you, with 5 per cent compound interest, and with sincere gratitude for your consideration ten years ago. time they ranged About their manufactures. manufactured goods. Japan heavy demands made which she requires twenty-five years. | we took $22,000,000. some improvement. 3 000 to $8,700,000. $11,900,000 a vear 2 vear. | iron_and steel, | machinery, but | imports B H H) $100,000 worth is States. the Chinese empire. five millions. United States pounds. export trade | five years. ! gain of fully tenfold. years. .| Up to 1893 we rarely imported from the Dutch colonies more than by | 000, but last year our imports were over %A Our usual exports, up to = | 1896, were about $1,500,000, but last year s | we sent $4,700,000, a gain of more than $27,000,000. DISTA ES AND THE T ‘NCLb 200 per cent. sent only $800,000 worth last year. Japan imports nearly $10,000,000 worth of raw | past few years. cotton each year, and $3,500,000 more in | importing $10,000,000 a year from those cotton goods, but the sent to Japan last year only $2,300,000 | ports dropped below $4,000,000, the low- of raw cotton, and less than $150,000 of | est on record for the past twenty years, cotton cloth. The most interesting de- £ mand of Japan is tur(i)rfonhand séeel arad | }he exports of these islands. The Phil- the crude prod- | ippines are receiving a uct she requires $500,000, and of manu- Tt bt factured product $3,500,000. During the past year the United States sent $900,- 000 of machinery and $2,600,000 of other | ain is sending these islands $2,500,000, iron and steel manufactures, thus sup- and plying practically the entire present de- mand of Japan for these articles. Trade in China is making less rapid headway. Our imports average about $20,000,000 a year, and have varied but little from that amount for United States The largest imports from that country were in 1881, when The o a4 % | China, however, have recently shown The largest values | ever sent to that country were in 1870, | nearly thirty years ago, over $12,000,000, = | but in 1880 the exports had dropped to but little over one million. to 1895 the exports ranged from $2,800,- In 18968 the were $6,900,000, but were ago, dropping off, however, to $10,000,000 during the past China requires each year $6,500,000 of | including $1,500,000 of last year the United | States furnished only $333,000. $64,000,000 worth of cotton goods, of which dnly one-ninth comes from this country. She requires $2,500,- 000 worth of flour, of which less than from Nor does this country make a better record in taking the products of China sends out each year $35,000,000 worth of silk, of which the United States takes barely She sends out 250,000,000 pounds of tea every year, of which the takes about 35,000,000 In the British East Indies our import trade is about $20,000,000 a year, and-our $4,000,000. have varied little for the past twenty- As compared with fifty | years ago, however, there has been a Our imports and exports from Dutch East Indies are | about the same as for the British East ! Indies, but the improvement in trade has been marked within the past few In the Philippines there has been a mai ur obedient servant, I have the honor to re: T’I’i oyfi nee H{\TCidiA}g-eD.h “Isn’t that great, young gentlemen?’ an azley !ookr: turn romfilr the room; "1'.55 the finest thing done ;n Liverpool in our time. Tommy has come in a aJ};l nnhefzI ly first on the ten miles—just skipped roun hau o 1 there’s nothing like th§ (j)ldns’chooflogo; g‘egarkmf} ardy fel i ty of puff in them L lowfi'x"{:‘;}:‘:;slex‘lllybe g proud ma_‘\: v.llll;tealght, remarked Macfarlane, *“and his_wife wi e . & : d securitles and encourage- etnrangt. me'Hfim:agoorsneing concern, and aren’t ree men lucky dogs who took founders’ shares? E)hfle;'r,l old_chap,”. an’:i Freddie grew serious, it w:; i‘l;": who Rut Tommy on his legs, and helped him on to thi 8 oriense! we all had a share in the fdea; and now that 1 remember, it was you, Beazley, Who Sfl.n%.' o praises that day till Macfarlane allo 'Cd his Pm‘% o out, and I had to join the chorus. Isn’t that so, Afn?[}!ct Macfarlane was understood to g—lved)udgmentho s P fmpartiality—that the one was as bad as anot }elr.l anc that he had been a viciim in their hands, but tha o, result had not been destructive of morality in Li}r%rr\o“, atchard, beyond which no . He offered the o;’)lnlun on his own account that the achieve ment of Thomas had been mighty. o “You can put your money on_that, Mac,” and BEMI?IY went off again, “to pay up the balance of that com!’f?fl' tion and every private loan with interest, compound, oo, is simply Al 'F. H. has taken the cake. And didn’t he train for it, poor chap! 25 “No mnnpsnjoyed a good cigar more than ’%‘o:xm) = could not take him in with bad tobacco. Well, ?}DPE to know that he hasn't had one smoke since J\;XY ‘tl Of course he could have had as much 'baccy as he “‘:lélr led: but = it was a bit of the training—giving up every uxury, d'ye see?” £ % 1 “I wish I was Thomas fihemr;igh(‘ kreer{lm‘ked Macfar- ane. ‘“‘He '{ll have a worthwhile smoke.” ““He rather Itked a good lunch, and did justice to his grub, too,” continued Beazley. “Well, for ten years Hl?—- taken his midday meal standg, on bread and m's = not half bad all the same—at the Milk-Pail in 1<env~Yc street, and he wouldn’t allow himself = cup of tea. ou saw how he lived at Heswall, Oxley? “Yes, he found out that he could get a little h(\usl:!. with a bit of garden, for £4), taxes included, and so he settled there and cut the whole concern here. There was one sitting room for the children and another for g)hemi selves, and the garden was the drawing room; but don’t belleve Hatchard was ever happler, and Mrs. Hatchard has turned out a heroine.” g “Tommy played up well,” broke in Beazley, “and he never missed a chance. There has not been any broker- age lying loose in the corn market these ten years.w\ou bet; and what he got he did well; do you hear th{,u: Mac- Connell of Chicago has given him his work to do? Tom- my is boomelling down the deepwater channel now, full speed. What's to be done? that's the question. Wa simply must celebrate.” “Well,” replied Oxley, “I suppose the creditors will be glvin%hlm a dinner at the Adelphi, and that sort of thing. ut there's something Hatchard would like far iener than fifty dinners. He has never entered the corn exchange since his failure, and I know hg never would till he could look every man In the race. What do you say to ask William Greatheart to call at his office and take him e ley, you are inspired, and ought to take to politics, It's just the thing Greatheart would like to do, and it will please the men tremendously. I bet you a new hat there will be a cheer, and I see them shaking hands with Tommy. It will touch up two or three scallawags on the raw first-rate, too, who have made half a dozen col;l,lposb— tions in their time. But what about ourselves, Ox? “Aye,” said Marfarlane, ‘‘we’re not common share« in this concern. We're founders, that’'s what we holders are.” “I was thinking before you men came in that a nice piece of silver for their dinner-table—they will come up fo,toyn, now—say a bowl with some little inseription on (0] “The very thing; we'll have it this afternoon; and Ox., you draw up the screed, but for my sake, as well as Tommy’s, put in something about honor, and, old fellow, let it be strong; it'll go down to his boys, and be wortil a fortune to them, for it will remind them that thelr father was an honést man.” It is not needful to describe, because everybody in the Liverpool corn market knows, how William Great- heart came into the room arm in arm with Thomas Hatchard, and how every single man shook hands with Thomas because he had gone bevond the law and done a noble deed, and was a credit to the corn business; and how Tommy tried to return thanks for his health a week after at the Adephi, and broke down utterly, but not be- fore he had explained that he wasn't at all the good man_they thought him, but that he happened to have had better friends than most men. : What is not known is that on the very evening of the great day a Special messenger brought over to the cot- tage at Heswall a parcel, which, being opened, contained & massive silver bowl, with this inscription: To MRS. THOMAS HATCHARD, From Three Friends, In Admiration of Her Husband's Business Integrity and Stainless Honour. July 7, 1897, And that on the first anniversary of the great day the Hatchards gave a dinner party in their new house on Mossley hill, where six guests were present, whose names can be easily supplied, and the bowl, filled with roses, stood in the center of the table so that all could read the writing thereon; that without any direct allu- sion to the circumstances, or any violation of good taste, the bowl came into conversation eleven times, once in the praise of the roses, once in_discussion of the pattern (Queen Anne), once with reference to the pedestal of Irish bog oak, once in verification of the fact that “honour”” was spelt with a “u” (it was Freddié who with much ingenuity turned the searchlight on honour), and Seven times in ways too subtle and fleeting for detec- tion. When the ladies left the room there was a look between the host and his wife as he held the door, and when the other men's cigars were fully lit, Tommy made and finished, with some pauses, a speech which may not Sound very 'eloquent on paper, but which the audience will never forget: “There’s a text somewhere in tha Bible,” he sald, pretending that his cigar was not dra: ing, ‘‘which runs something like this, ‘Saved by faith. and when I look at that bowl I remember that T + * 's was saved that way, but it wasn't * * * my faith; it was the faith * * * of you three men.” CIOJOJOJOJORUNORORCACIOCICIOL OO OIOIOIOROROROROROI ROt oRofofofofofofololofoooFoJooloXoXoXolofofoRc Jofolofofo R oY oY OYo RO ROYOIOTO) ADE OF THE PACIFIC AND ITS NEW OPPORTUNITIES. 52 And It would seem that Americans have now an opportunity to change marked reduction of our trade in the Ten years ago we were islands. Last year, however, our im- At present we are taking one-fifth of a year in imports, of which only about $150,000, or 13 per cent, is from this country. At the same time Great Brit- France $1,800,000, Germany $750,000 and Spain $7,400,000. The United States to-day, with only one ocean between her and these rich nations of the Bast, has a trade equal to but one-third that of Great Britain, whose goods must cross two oceans be- fore they reach their destination. And yet we have develeped to a point where we can not only compete in trade with the other nations of the world but can lay down our goods in home markets of the English people. It would seem that Americans have now an opportunity to | change these unequal concitions. The Northern Railroad, which Bar- rios started on the Atlantic at Puerto Barrios, and only three days by steamer from New Orleans, is to be sold shortly to a Belgian syndicate for $5,000,000 and concessions of lands. There is only about fifty miles more to be built. This can be done in two years. Once built, Guatemala will have a rallroad from the Pacific to the Atlantic. San Fran- cisco may suffer loss of trade, as everything probably will then come from New York and New Orleans. the past exports to From 1881 exports increased to China M. Gautier, the well-known optician, is making good progress with the con- struction of the giant telescope intend- ed for the great exhibition at Paris in 1900. The aperture will be 1.25 meters (49.2 inches)’ and the focal length sixty meters (196 feet 10 inches), while the estimated cost is $300,000. An equa- torial mounting and dome for such a gigantic instrument may well be con- sidered impracticable, and accordingly the telescope itself will be rigidly fizeq in a horizontal position on supports of masonry, and will receive the light of the heavenly bodies after reflection from a movable plane mirror about seven feet in dlameter. The plane mir- ror is thirteen inches thick and weighs about 8000 pounds, and it is curious that of twelve disks cast for the pur- pose the first one turned out to be the best. This has been in process of grind- ing for seven months, and is not yet finished. There will be two objectives, one photographic and one visual, which will be easily interchangeable at will It is expected that & magnifying power of 6000 will be usefully employed. the United These totals $7,000,-