72 Foitr-in-Hand in Britain. 



Satanic majesty has been doing in these two depart, 

 ments. We must bestir ourselves betimes. 



You remember Artemus Ward's encounter with the 

 colporteur. After a long, dusty day's journey, arriving 

 at the hotel, he applied to the barkeeper for a mint-julep, 

 and just as Artemus was raising the tempting draught 

 to his lips, a hand was laid upon his arm and the opera- 

 tion arrested. The missionary in embryo said in a kind 

 of sepulchral tone, for he was only a beginner and had 

 not yet reached that true professional voice which 

 comes only after years of exhortation : " My friend, 

 look not upon the wine when it is red. It stingeth like 

 a serpent and it biteth as an adder." " Guess not, 

 stranger," replied Artemus, " not if you put sugar in it." 



It is just so with bank-notes, friend Cobbett. They 

 don't bite worth a cent, neither do they sting, if you 

 have government bonds behind them. But this was 

 not understood in your day. The Republic had not 

 then shown to the world the model system of banking. 

 The objection made to it by others, viz., that founded 

 as it is upon the obligations of the nation, its discredit 

 involves the fall of private credit, counts for little to a 

 republican. We would not give much for the man who is 

 not willing to stake "■ his life, his fortune, and his sacred 

 honor " upon the solvency of the Republic. Pitiable is 

 the man who could think of his petty private means 

 when his country was in peril. When the Repubhc falls, 

 let us also fall. 



