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should take lay over what is acknowledged to be the finest scenery in America, being along the Hudson as far as Fishkill; thence back into the country, striking the river again at Hudson; thence across the Catskills near the Mountain-House, and so on up to Saratoga, where the final landing was made. We were in the air twenty-six hours -Я plump night and day.

Never can I forget that summer night. Sailing out over the Hudson a few miles below West Point, we remained above its waters at a height of perhaps two hundred feet more than an hour, slowly coursing to the north. The mellow rays of a full moon lighted up our pathway. Beneath us a boat bearing an excursion - party was breasting the current. It looked to be a fairy craft. The sound of merry voices and laughter, toned down by the distance to a sweet, gentle murmur, was wafted up to us. Every few minutes a string-band aboard the boat rasped out a tune, which to our ears was divinest harmony; for to us then the hoarse din of a battle, or the dull repetitious clang of a boiler-shop, would have had all the charms of a melody. One minute our car would be rubbing against the wens on Anthony's Nose, and the next we would be sailing placidly over the mid-current. Here it was that I felt perfect peace and joy; and with these feelings was curiously combined a sort of intoxication, which, unlike other intoxications, was followed by no painful penalty, except perhaps of sorrow that it had gone.

Strange what a brotherhood sprang up between us! We were total strangers to one another an hour before the starting. We were rough fellows, too, such as the varied life of a reporter on the daily press tends to make men. Yet we were brothers in heart and soul ten minutes after the balloon's leashes were cast off. F took a perilous perch on the edge of the basket. McK no sooner saw it than, in tones soft as a woman's and earnest with heartfelt solicitude, he begged this friend of an hour to descend to a safer level.

Such a wonderful sunrise as that which burst on us on the morning of the 25th is seldom seen. The balloon had been sailing low in a valley, to the east of a steep hill, whose top towered several hundred feet above us. A little village beneath us, which snuggled cozily in an angle formed by the meeting of two small streams, was dim under the mists of early morning and the shadows of the hills. There were no signs of the approach of day in the sky. It was desirable to rise over the high hill to the east, and ballast was thrown out for the purpose. The balloon shot up like an arrow. The instant we passed the level of the summit, we saw the sun peeping up at us over the shoulder of a distant mountain. It was full and round, and came in sight within the fraction of a second. The phenomenon of sunrise was reversed; we rose on the sun. But this was not a glorious sun that we saw, fresh and rosy as a summer's sun should be. He was heavy and dull-as it were, bleareyed-and blurred as if he had spent most of the night in enervating revelry, and had only just been roused from a brief doze un

der somebody's table, and wanted to drop down again and have the nap out. That he was in a very bad humor about something seemed certain. But none of this proved to be his fault. The enemies that put him in this sorry plight, and came so near destroy. ing our good opinion of him as an industrious, sober fellow, were clouds of vapor that rose from the intervening Hudson and floated in dense masses in front of him. He was not slow to recognize his peril; and, fighting as a wronged man always fights, and using his ardor with great advantage (a thing which few people have the knack of doing), he soon so completely routed his foes that after half an hour no trace of them could be discovered.

And when a few hours thereafter we soared two miles above the Catskills, what a grand sense of freedom came over us and wrapped us as in fine robes and ermine! We were absolute lords of the domain; if not, pray who were? Beyond the reach of all law (not to say that law is a thing for the riddance from which God is to be thanked), we triumphed in knowing that neither man nor any of man's inventions could avail against us. Indeed, there could be no more perfect freedom than was ours, albeit we were confined within the narrow limits of a basket eight feet by three and a half.

Toward nightfall there were thrilling experiences that made the blood leap. A high wind sprang up, and carried the balloon along at prodigious speed. We could not distinguish objects on the earth. The long dragrope was out, and the end of it became fast around a limb of a tree. The balloon was brought up with a shock that nearly overturned the basket, and it took all our strength to keep from falling. The rope groaned under the strain. The gas-bag was like a huge leviathan in a net. It writhed, twisted, pushed this way and that, gathered into a ball, and sprang fiercely out. The loose cloth around the mouth would suck up, till half the netting hung empty, and then fold after fold would dart out and back with all the angry menace of serpent's tongue. The rope kept on groaning and grinding against the edge of the basket. There were doubts if the basket would long stand the strain; but it was made of tough willow and bamboo, cunningly interwoven, and gave no signs of breaking.

The struggle was short. The branch that held the rope snapped, and we were free. And how, as a thing of life, the balloon seemed to rejoice in her recovered freedom! First, there was a quick leap forward, that threw us off our feet, and cast the great drag-rope (three hundred feet long) about like a whiplash. Then came a succession of steady jumps and a pleasant, oscillating motion, until we steadied down to the velocity of the wind.

I enjoyed all this profoundly. Does the reader doubt the truthfulness of this assertion ? This is perhaps but natural, yet I solemnly declare that I was not afraid, and gathered pleasure from the scene. Just as a sympathetic man may become so interested in a deadly battle between voracious beasts that, forgetting self, he draws nigher and nigher, until he is himself in danger, so I was

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entranced by that contest up there in the clouds.

I find I am unable to do more than glance at the subject. A score of delights remain unmentioned, chief among which, after some other sensations similar to those already described, is the curious appearance which the landscape assumes. The forests, cut into at one point and another by the axe of the woodman, presented to us from our shifting perch in the air all sorts of grotesque figures: in one place we saw a pair of eye-glasses, the glasses represented by two dabs of woodland, and the connecting bridge by a creek running from one to the other; in another, a gigantic boot, shaped by cuttings on a forest, with every curve as true as if it had been fashioned by one of the "anatomical boot-makers of the period. When seen from a vast height, the earth appeared to be dressed in a robe of dark green, shaded to a deeper bue here and there by cloudlets floating beneath the sun, and garnished all over with bright penciling, sometimes silvery and sometimes golden, of the innumerable rivers and creeks. And as there are said to be no distinctions of class in heaven, so we could discern no difference between the dashing streamlet that has its source in the mountains, with its clean, pebbly bottom and pure waters, and its laggard neighbor, dragging its noisome length between environments of sticky ooze, that hails from the swamps.

There was at no time any feeling of unsteadiness or uncertainty of foothold, like that which comes over one when tossing on the sea in a ship or boat. The basket was as firm as a parlor-floor; and indeed, when running with the wind at a speed of seventy miles an hour, not the slightest motion was perceptible, except when we looked down at the spinning earth.

What a pity these silent, trackless depths are not the highway of passenger traffic, instead of the roaring, screeching, grimy railway-train, and the boisterous, broiling seas!

EDGAR BRONSON.

THE LAST DAYS OF AUTUMN.

THE

HERE'S a chill in the air, a drab in the day,

A sky that is bare, a wood that is gray.

There's a stain on the rock, a crisp in the brake,

A crag for the hawk, a den for the snake; There is white on the hair, the marmot's abed,

Asleep is the bear, the lizard is dead;

There's a howl on the hill, a moan on the plain,

A film on the rill, a flake on the rain; There is wealth in the moon, pure gold is the star,

A darkness too soon, a glory too far;

There is death in the day, a treacherous sun, A season grown gray-an autumn undone !

JOHN VANCE CHENEY.

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EDITOR'S TABLE.

TERESI

ERESINA has been among us taking notes.. Teresina is the latest version of Madam Trollope, and in all particulars equals her great exemplar in mendacity. Has the reader forgotten the circumstances that brought Teresina into light-the famous marriage-suit and all the scandals that came to the surface? Perhaps the name of Theresa Yelverton (now Viscountess Avonmore) has passed out of his mind; and we must confess it nearly had out of ours. We could not recall all the facts pertaining to this once muchdiscussed case if we cared to do so. All that at present concerns us is that this notorious woman has been in America, has visited the North, the East, the South, the Far Westtraveling, so she declares, twenty thousand miles through the most important districts of the country-and has written a book about us, which she entitles "Teresina in America." There is not much importance in this fact; books about America are only too abundant; nor have Lady Avonmore's comments and criticisms the slightest value. But they are often very amusing, and for this reason solely we invite the reader to turn with us over a few of the pages of the vol

ume.

Teresina begins with a doleful description of New York and the woful prostration of All New-Yorkers before that Western Juggernaut called Mammon. "What is the frenzy," asks this veracious chronicler, "of the most enthusiastic fanatics to the fever which can whirl thousands upon thousands of men and women day after day through years of anxous toil" ("anxious toil" being unknown lsewhere), 66 which can make work seem leasure" (wherefore not ?); "degradation onor; and ruin, both of mind and body, uccess?-which can thus fix, on a whole ity of a million inhabitants, a stamp so inlelible and a character so distinct that the ry, worshipers of money!' rises instinctivey to the lips of every intelligent stranger? Teresina finds every thing about us a agnificent sham. Our buildings of splendid eeming are only veneered to the depth of a w inches, and, if an earthquake should trike us, would come tumbling down like a ower of cards; and the silks and velvets hat we see dragged with such indifference rough the streets are worn by those who ill be penniless in a few years.

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Superficiality is declared to be the worst 7stem of American life, morally and socially. We in New York are so passionately devoted "brown-stone fronts" that we would make ay sacrifice to live in one, and no lady is onsidered to have made a good matrimonial Alliance unless a brown-stone front is thrown

into the bargain. But within our brown-
stone fronts every article is painted and var-
nished to look like what it is not. That
which looks like massive oak carving is only
deal;
"" enormous mirrors reflect one fore-
shortened in a most singular way;" all is
false, veneered, and fantastic shams. Our
ladies who go to Europe do so for the sake
of seeing the fashions and to bring home
something other people have not. We cease-
lessly exult over the lavish expenditure of
money. "You will find my wife a smart
woman," said a husband, glorifying himself
and his better-half; "quite an elegant lady.
These sixteen boxes are her equipage. She
spent in Europe thirty thousand dollars in
dress!"

All our wealthy people, it appears, con-
gregate in cities, and very rarely does an
American possess a country-seat. Barnum,
the great showman, however, is an exception,
he having built bimself a country - house,
where he retires to enjoy his otium cum dig-
nitate.

Other Americans do not build country-houses, and never enjoy their ease under their own fig-tree. Americans think a great deal more about themselves than about their children, and their motto is, "Sufficient unto the day is the good thereof." They build railroads so poorly that they barely suffice to carry the train along, and it is not an unfrequent thing for passengers to be compelled to turn out in a body to repair the line before they can proceed.

things pleasant." Casocial people in every
particular, we have no Christmas gatherings
nor summer junketings. Our meanness is
so intense that if a gentleman takes ladies
for a day's outing he will probably ask them
to defray expenses some time later, without
the slightest idea that he has committed a
breach of etiquette and hospitality.
In com-

mon with many others, we had always sup-
posed that Americans had a foolish tendency
to treat, and an absurd disposition "to do
the handsome thing" in regard to paying
for affairs of the kind; but of course we were
wrong. Teresina has seen, and instructs
us better.

All festive entertainment is absent, it seems, from our social gatherings; there may be singing, music, and card-playing, but no refreshments. The guests may expend as much time and energy as they like in amusing themselves and their "hostess," but she will expend no money nor provisions on them. Ice-water is the sole beverage that is supplied, and this is served in a pitcher, with invariably two glasses only for the use of the whole company! There is often dancing, but this partakes so much of the Bal Mabile style that few English ladies would join, and no French girls be allowed to do so. There is a great deal of mock modesty among our women, who "would appear overwhelmingly shocked (if they did not faint) at the word 'leg' used in their presence. You must say 'limb' of a fowl, and the word 'breast' must be avoided, if possible; yet the same women have freely displayed their own legs, when skating in crinolines and short petticoats." Really,

Our manners are always peculiar, and generally very bad, Teresina goes on to say. We have no means of putting down bad breeding. If a woman wears a good dress at an hotel-table, she is the equal of everybody | Teresina ought to be more original—this present; she may eat with her knife, and is stale, and very old. Teresina is enterstretch it afterward into the butter at arm'staining only so long as she invents-when length without attracting any sort of notice. she borrows she is dull. Refinement and good-breeding are with us the exception, and not the rule. We are very neglectful of obvious social duties. We do not carry letters of introduction when we go abroad, and pay no attention to them when presented to us. “In America you may have fifty letters of introduction, and not one of them bring you a particle of civility, or sometimes even a returning call." Teresina forgot to inquire whether certain scandals and singular facts connected with her history did not have something to do with the unwillingness to respond to her letters of introduction.

It seems, according to this excellent ob-
server, that we never visit at a friend's
house for a week or month or so.
It is rare
to find guests staying at any house; "if you
do, be sure they are paying for their board.
Even when the guest is a member of the
family, and makes no actual payment, a good
deal of barter has to be practised to make

A marriage in America, we learn, is a considerably drier piece of business than a funeral elsewhere. "The ceremony usually takes place early in the morning at six or seven o'clock-and bride and bridesmaids go shivering to the altar, in the cold semi-twilight, in what they call their 'traveling suits,' and armed with large umbrella, overshoes, water-proofs, and all the disagreeable appurtenances for setting out on a long journey. Their breakfast is a scramble of hot dough, beefsteaks, or some other 'hunting' breakfast fare of the time of Queen Elizabeth. After the ceremony there is no feast, no drinking of the bride's health and groom's happiness, no blushing bridesmaids, no fun or festivity whatever." It has been customary for the marriage ceremony to take place in the house, but it is just becoming fashionable to have it performed in a church with veils, bridesmaids, etc.

Gambling, according to Teresina, is one

!

of the great vices of Americans. Husbands and wives live very much apart in America, and the reason for this is certainly a very peculiar one. It seems that every married woman in this unhallowed land wants to keep a boarding-house. So the wife, we are gravely told, "goes to her mother, and speculates on her own account in a boarding-house, if she can succeed in inducing any gentleman to lend her the money, for the loan of which he takes out his board." This wonderful and inscrutable custom has of course covered the land with boarding - houses, and willfully corrupted the morals of the people.

Newspapers and newspaper editors do not escape our vivacious critic. "Sensational articles, calculated to provoke shooting or whipping, are written as a mere speculation to sell the paper. The writer knows that if he can produce an affray hot enough, he will sell so many more editions of his paper. He takes the risk of being shot or flogged himself, and sits in his office with a loaded revolver near his inkstand. The indignant sufferer from the article walks ininquires if he is the writer of the obnoxious article. The editor places his pen in his ear, lays his hand on his revolver, and admits he is."

We have only glanced over a few chapters in Teresina's remarkable production, but the rich bits we have gathered may prompt us to return to it at another time. Let us meanwhile remind Teresina, inasmuch as she has given so frankly her opinion of Americans, that there are people here who have certain recollections of Lady Avonmore. Would she like their opinion of an English adventuress?

This book has just been published in England, and is not reprinted here. An early copy of the work has enabled us to lay these refreshing and entertaining extracts before our readers.

THE name of “Lord Darnley" calls up to the mind a certain weak and irresolute young man of royal blood, who lived several centuries ago, and who, it can now scarcely be doubted, was perfidiously done to death by his fair and faithless wife, Mary Queen of the Scots. Of a very different character, evidently, is the nobleman of the same title who graces the present generation with his exist

ence.

one of their number, to the inspector of cavalry. Before his reply came, Lord Darnley suddenly resigned his own command of the regiment. He retired with a special grudge against Captain Nicholson, the officer who had reported to the inspector. In Captain Nicholson's troop were serving several of Lord Darnley's tenants. All of these but one, instigated by their landlord, left the troop in a body. The one exception, a Mr. Lake, was stubborn enough to refuse to espouse a quarrel of Lord Darnley's, merely because that nobleman rented him a farm; whereupon he was notified that at next quarter-day his lease would not be renewed. In short, Mr. Lake, simply because he would not leave the royal service at the nod of Lord Darnley, was deprived of his farm.

No better instance of the feudal notions of some great English proprietors could be given than this. Lord Darnley evidently looks upon his tenants as still his vassals; and he carries his baronial instincts to the extent of rendering himself amenable to a certain awkward law, which forbids "the seducing of any person serving under her majesty's colors from his duty and obedience." Should he be brought to book for his exercise of feudal authority in a court of justice, he will undoubtedly look upon himself as a martyr to the "leveling tendencies of the times." Nor, if we can believe the utterances of English journals, can this instance of lordly despotism be regarded as exceptional.

The Spectator confesses that "thousands of great landlords agree with Lord Darnley." A man who hires a farm of one of these magnates, according to their creed, not only is expected to keep it in good order, to pay a certain rent, and to render it up in the same condition as he found it, but to vote for the landlord's candidates, to resent the landlord's quarrels, to attend the landlord's church, and generally to conform to the landlord's wishes in his political, religious, and social conduct. As a provincial paper says: “The earl really does not go far enough to do justice to his own pretensions. He ought to issue a code of regulations, telling his tenants whom they might visit, what they might eat and drink, what recreations they might pursue, and what animosities and friendships they might cultivate." Yet, after the pitiable spectacle pre

There is, at least, nothing weak-minded or vacillating in the present Earl of Darnley. He has just emerged from patri-sented in the present case by Lord Darnley's cian obscurity into a rather uncomfortable light of notoriety. It would appear that the noble lord was not long ago the colonel of the West Kent Yeomanry, a body of mounted militia. In consequence of a quarrel with some of his subordinate officers, he peremptorily requested them to resign. Instead of doing so, they referred the matter, through

tenants, he cannot perhaps be very severely blamed. They so eagerly and gratefully accept their serfdom that they certainly deserve nothing better than to be buffeted about by a lord who believes in his divine right to keep their consciences and dictate their rules of conduct. They address a letter to him, in which they humbly thank him for deigning

to explain his reasons for leaving the regiment, avow themselves only too glad to show their loyalty by following him, express their shocked amazement at the audacious obstinacy of the tenant who dared to remain in service after Lord Darnley had left it, and hasten to disavow any sympathy with that rebellious person. Truly, this picture betrays a state of things in the English rural districts which glib writers will find it difficult to gloss over or apologize for; and herein we discern some reason for that discontent at the condition of the land-laws which is fast growing to formidable proportions.

His holiness the pope has recently given utterance in favor of "hard money." In an interview accorded to some devout French pilgrims, he uttered a few sage reflections upon the material prosperity of France; and took occasion to remark approvingly upon the fact that "sounding money circulates in that country," and to contrast this state of things favorably with that of other countries, where "sounding money disappears, to give place to another currency, which gives no sound save that produced by a great mass of paper thrown violently on to a hard table or on to the pavement." Whether this was spoken ex cathedra and is therefore to be taken as infallible, we cannot tell, as the Ecumenical Fathers have not yet definitely decided what ex cathedra really means; but it would appear that hard money in France, and her consequent prosperity, have some curious connection with pilgrimages to miraculous shrines, the bountiful outpouring of Pe ter's pence, and the busy establishing of religious schools. The argument seems to be that the road to specie payments is that bordered by shrines and dotted with the monuments of pious deeds. Pilgrimages are processions not alone toward the heavenly gates, but toward worldly wealth. Then it is not alone the Christian faith, but that special branch of it of which Pio Nono is the infal lible interpreter, which carries material prosperity as its attributes and gifts. Unfortu nately, however, for the acceptance of the pope as a financial authority, it happens that those nations which are financially the soundest are incorrigibly Protestant or Greek; while those which are most deeply sunk in "the great mass of paper" currency are either Catholic or Mohammedan. We leave our own case out of sight, as, though finance is just now with us a sorely perplexing prob lem, we cannot suppose ourselves in a permanent condition of "soft-money" currency. But England, Russia, and Germany, are the three soundest and most solvent nations in Europe; next after them come Holland and Denmark. On the other hand, Spain, Italy, and Austria, are in the paper-money state, and

likely to remain so; Turkey is downright bankrupt; while the credit of the South American Catholic countries is at a provokingly low ebb. Religion undoubtedly has a very important though an indirect influence upon human business affairs. It promotes commercial as well as social morality where its influence makes itself vigorously felt; 2 and even the practical economist will not refuse to admit that commercial morality is the soundest basis of commercial prosperity. The pope is shrewd enough to avail himself of an appeal to self-interest to induce schismatics to return to the true fold and the faithful to cleave to their faith; but the French pilgrims, were they not the soberest and most unreasoning of devotees, must have laughed gently to themselves when told I that the reason why gold napoleons are plenty in France may be found in the penny contributions to the Holy Father, and the journeys made by the devout to the shrines of Paray and Lourdes.

THE book-reviewer of the London Spectator, in noticing Mr. Southworth's "Four Thousand Miles of African Travel," is perplexed at the oddly-compounded name of Mr. Gouverneur Morris, Jr., of New York, ap. parently thinking that Gouverneur has some sort of gubernatorial significance. Mr. Julian Hawthorne writes to the Spectator to set the reviewer right: explaining that Gouverneur is a frequently-recurring family name in New

general." The purpose of the present work

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was to extract from this mass of literature just such facts as seemed likely to prove useful in enabling the public to reach some conclusion upon the many currency questions which press for solution, or at least to understand their principles; and Professor Jevons may have the satisfaction of feeling that, if he has not closed the debate on the Bank Charter Act, or on "intrinsic" and representative" value, he has made it easier than ever before for the wayfaring man to comprehend the real function of money, and the conditions with which it must comply. And, after all, money is like monogamy: its explanation is to be sought not in metaphysics but in history. Gold and silver have come to be universally accepted as the best circulating medium, not by a process of reasoning or an evolution of consciousness, but by the long experience of the race, extending over thousands of years, and embracing a trial of skins, corn, oxen, leather, wampum, cowries, copper, bronze, iron, and lead, that they most nearly meet the essential requisites of money.

grew out of a number of successive improve- | private individuals, is quite appalling in ex-
ments on the ancient stringed instruments. tent, and for the most part "caviare to the
The old lute, and spinnet, and harpsichord,
were played upon with the fingers; the piano
is also stringed, and the main difference be-
tween it and the harp in mechanical principle
is e substitution of the "jacks," or ham-
mers, which strike upon the strings instead
of twanging them. Who thought of this
idea of the jack and the keys by which the
hand communicates with it? He, perhaps,
has the best right to the credit of the inven-
tion; but, whether it was the Bohemian
Schroeter, or the French Marius, or the Vene-
tian Cristofori, it seems impossible now to
determine. A disputed invention a century
old is hard to settle; even the discovery of
ether as an anesthetic agent, made within
thirty years, is involved in a maze of con-
tradictory evidence. But, even if Cristo-
fori were the inventor of the pianoforte,
Florence can scarcely claim the reflect-
ed honor; for he was of scholastic Pa-
dua. It is interesting to think that the piano
is but little over a century old, and that,
while Mozart only lived to see it coming into
vogue, Beethoven was almost the first great
composer who made use of it for purposes
of composition. What an incalculable bene-
fit the piano has been to the later maestri !

Literary.

York. But Mr. Hawthorne might have gone MOST readers, probably, unless warned

a little farther, and reminded the Spectator reviewer that the name of a man so well known in American history as Gouverneur Morris -who figured in our Continental Congress, who was our agent in England during the Revolution, who was afterward our embassalor to France, and later a United States Sentor, who was actively concerned in many Political movements-ought to be known to in educated Englishman. It is true that eduated and other Englishmen are prone to isdain all knowledge of what they call our pcal celebrities; but limitations in these aatters quite as often arise from the stubornness and ignorance of the outside world s from any necessary boundary to the indiidual's fame.

WHO invented the piano forte? The lorentines, having caught the centennial inection, propose to commemorate, next year, he one-hundredth anniversary of the death f a certain Cristofori, for whom they de and the honor of having given to the world he most elaborate and perfect of musical intruments. But Cristofori's claim is not of he clearest, and is very earnestly disputed. The fact probably is, that to no single inentor do we owe the piano. It gradually

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beforehand, will take up Professor Jevons's "Money and the Mechanism of Exchange "with the expectation of finding another treatise on currency-perhaps the most bewildering subject in the entire range of the "dismal science." To such the book will bring an agreeable disappointment; for it touches scarcely at all upon abstract or theoretical questions, and is simply, as the author defines it, a descriptive essay on the past and present monetary systems of the world, the materials employed to make money, the regulations under which coins are struck and issued, the natural laws which govern their circulation, the several modes in which they may be replaced by the use of paper documents, and finally the method in which the use of money is immensely economized by the check and clearing system now being extended and perfected." The subject of money as a whole is a very extensive one, and the literature of it would alone form a great library. Many changes are taking place in the currencies of the world, and important inquiries have been lately instituted concerning the best mode of constituting the circulating medium. The information on the subject stored up in government Blue-books, in the reports of international committees, and in the writings of

*Money and the Mechanism of Exchange. By W. Stanley Jevons, M. A., F. R. S. International Scientific Series. Vol. xviii. New York: D. Appleton & Co.

Professor Jevons begins with an amusing story of a French singer who gave a concert in the Society Islands with the understanding that she was to receive a third part of the receipts. When counted, her share was found to consist of three pigs, twenty-three turkeys, forty-four chickens, five thousand cocoa-nuts, besides considerable quantities of bananas, lemons, and oranges, which would have been a very fair return if it could have been converted into cash. Unfortunately,

pieces of money were scarce in the Society

Islands, and as mademoiselle could not consume any considerable portion of the receipts herself, it became necessary in the mean time to feed the pigs and poultry with the fruit. Homely as this anecdote is, there could hardly be a better illustration at once of the conditions of barter (the primary form of exchange), and of the usefulness of a standard currency; and from this initial point we are led step by step through the early history of money, the substitution of the metals for other materials, the various systems of metallic money, the "battle of the standards," and the growing development of representative money, such as under-weight coins, promissory-notes, bank-notes, checks, bills of exchange, and the various other "credit documents" by which, in modern commerce, the use of actual money is dispensed with. Much attention is given to technical matters relating to coinage, such as alloys, the size and wear of coins, the methods of counting them, and the best plan to prevent counterfeiting. In treating of the materials of coins the professor cites the tradition that Lycurgus obliged the Lacedæmonians to use iron money, in order that its weight might be a check upon overmuch trading, and remarks that, if this rule were adopted at the present day, a penny (English money) would weigh about a pound, and a ton, of iron would represent a five-pound note. On the other hand, gold and silver are very awkward for small currency. A silver penny weighs seven and

a half grains, and a gold one would weigh only half a grain. The octagonal quarterdollar tokens, circulated in California, weigh less than four grains each, and are so thin that they can almost be blown away. The suitability of gold and silver for the higher values has, however, been recognized everywhere; and the only open question in coinage is as to the best material for fractional currency. Bronze is better than copper, and the alloy of one part of nickel with three of copper that has been adopted for the onecent pieces of the United States, the smaller coins of Belgium, and the ten and five pfennig pieces of the new German coinage, would be excellent but for the variableness of the price of nickel. If steel could be prevented from rusting, it would be one of the best possible materials; but Professor Jevons thinks it likely that some new and entirely satis. factory material for fractional money will shortly be found-perhaps an alloy of manganese.

Naturally, the largest space is devoted to the English monetary system and to English experience, but the facts marshaled are of universal application. A good deal of attention, moreover, is given to the problem of international coinage-the adoption of which, the author thinks, would be the most important step in the path of progress that the race could take, except the adoption of an international language. Professor Jevons thinks that the decimal system will, in the end, prevail, if only from the hold which it has taken on the world; but he candidly admits its defects, and shows that the duodecimal system is in various ways more simple and convenient. As to the steps necessary to secure an international money, he thinks the most important that could be taken now would be the assimilation of the American dollar to the French five-franc piece-a change which would involve a reduction of less than two grains in the amount of gold which the dollar contains. "There is little doubt," he says, "that the adhesion of the American Government to the proposals of the Congress of 1863 would give the holding turn to the metric system of weights, measures, and moneys. It is quite likely that it might render the dollar the future universal unit. The fact that the dollar is already the monetary unit of many parts of the world, gives it large odds. In becoming assimilated to the French écu, American gold would be capable of circulation in Europe, or wherever the French napoleon has hitherto been accepted."

In studying a language we begin with the grammar before we attempt to write or read; and there is much to be learned about money before entering upon those abstruse questions which barely admit of decided answers. Professor Jevons's work furnishes an elementary grammar of the subject; and if it could have a circulation proportionate to its merits, that murky atmosphere of ignorance in which visionary financial schemes are enabled to flourish would soon be cleared.

Ir is plain, from the "Home Pastorals, Ballads, and Lyrics" (Boston: J. R. Osgood & Co.), that Mr. Bayard Taylor, as a poet, considers himself at issue with his fellows;

and the tone of most of the poems is alternately one of remonstrance and defiance. Like the singer of the "Earthly Paradise," he was "born out of his due time;" but he is not, as Morris is, content to dwell apart in a world created and peopled by his own art, but frets under the restraints and limitations of unsympathetic and uncongenial surroundings. The "burden of the day is heavy upon him because he will not shape himself after the patterns that are wrought "in our common mills of thought;" and his only consolation comes from the hope that, if he wins in his attempt to throw off the burden, those who imposed the restrictions will awaken and thank him because he defied. Now, in a case of this kind, there is always a question whether it is the time or the poet that is out of joint; and it is certainly odd to encounter such a complaint coming from Mr. Taylor. We had always supposed that his poetry took much of its interest, as it certainly takes much of its popularity, from its falling in with the time-from its drawing its inspiration, its subjects, and its sentiments, from the prevailing tastes and feelings of his audience. How else account for the considerable measure of success which he has achieved? And surely Mr. Taylor has no reason to be dissatisfied with the reception accorded his work both by the critics and the public. It seems to us, in truth, that the time has been peculiarly propitious to Mr. Taylor's muse. In a period of lofty dramatic or intensely lyrical poetry a period favorable to spontaneous, natural singing-he could hardly have hoped to gain a hearing; whereas, now, few American poets are more certain of a wide and admiring audience.

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The present collection contains most of the miscellaneous poetry which Mr. Taylor has written since 1864. The first group is entitled "Home Pastorals," and contains five pieces: a proem, an epilogue, and three longer poems entitled, respectively, May - Time," "August," and "November." These are for the most part descriptive, as pastoral poetry should be, and are written in flowing, leisurely hexameters, a difficult measure, which Mr. Taylor manages extremely well. The tone is pitched very low, and there is little attempt at pictorial embellishment; occasionally, however, we come upon a felicitous bit like the following, descriptive of November's advent:

"Silent are now the flute of spring and the clarion of summer,

As they had never been blown: the wail of a dull Miserere

Heavily sweeps the woods, and, stifled, dies in the valleys."

The second group, entitled "" Ballads," comprises six pieces, all of which are good interesting in subject and spirited in style. "John Reed" is a peculiarly impressive picture of a life unblessed by love, and slowly withering to the root; and "The Old Pennsylvania Farmer" is a striking and lifelike portrait. The instinctive conservatism of old age has seldom been more accurately and amusingly depicted. 'Napoleon at Gotha" is a spirited rendering of a well-known historic incident.

the fretfulness of which we spoke at the be ginning of our notice, and in others the topic is too subtile to find truly lyrical expression. The skill in versification is, perhaps, their most noticeable feature; though "The Two Homes," "The Sleeper," and "Ron Wild," are both pleasing and musical. All of these are too long to quote; so we select, instead, the following stanza from "Summer Night" -a good example of the author's easy command of rhythm and rhyme:

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The night was given for thy sweet sake.
Toll slinks aside, and leaves to thee the land;
The heart beats warmer for the idle hand;
The timid tongue unlearns its wrong;
And speech is turned to song;
The shaded eyes are braver;
And every life, like flowers whose scent is dumb
Till dew and darkness come,
Gives forth a tender savor.

Oh, each so lost in all, who may regist
The plea of lips unkissed,

Or, hearing such a strain,
Though kissed a thousand times, kiss not again!"

Mr. Taylor's muse seems to need the spur of a great occasion, and the "Odes" undoubtedly present the finest poetry in the volume. "The Gettysburg Ode," in particular, is a very noble poem, and will take a place but little below Lowell's "Commemoration Ode," in the patriotic song of the nation. The fine "Ode to Goethe," read at the memorial dinner, was reproduced at the time in the col umns of the JOURNAL, and the echo of its exalted straius can hardly have faded as yet from the minds of our readers.

Ir was a happy thought on the part of Miss Johnson to adopt the Catskill Mountains as the locale of her fairy stories; * for the necromancy of Washingtou Irving has already rendered them enchanted ground, and nothing is too marvelous for belief concerning the region which Rip Van Winkle has consecrated to mythology. Her fairies, it is true, are not of the familiar goblin brood, and their ancestry could easily be traced back to Robin Goodfellow and his merry elfs; but we can readily believe that previous writers have overlooked part of the popula tion of our wonder-land, and Nip, and Puff, and Rapp, and Laurel Queen, and the rest, will find a cheerful welcome to the Catskill Valhalla.

The plan of Miss Johnson's book is like that of the Arabian Nights-a cluster of stories within a story, the wildest flights of the imagination being linked to the homely incidents of every-day life and facts familiar to us all. A little boy, named Job, left alone in a cottage on the mountains while his grand. father went to the village for provisions, is snowed in on Christmas-eve by an unexpected snow-storm; and, as he hovered close to the fire in his solitude, the great clock in the

The Catskill Fairies. By Virginia W. Johnson. Illustrated by Alfred Fredericks. New York: Of the "Lyrics," several are deformed by Harper & Brothers.

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