The General, or the President, as we now called him, at once issued a ringing proclamation in which he promised every liberty that the people of a free republic should enjoy, and announced that in three months he would call a general election, when the people could either reelect him, or a candidate of their own choice. He announced also that he would force the Isthmian Line to pay the people the half million of dollars it owed them, and he suggested that this money be placed to the credit of the people, and that they should pay no taxes until the sum was consumed in public improvements. Up to that time every new President had imposed new taxes; none had ever suggested remitting them altogether, and this offer made a tremendous sensation in our favor. There were other departures from the usual procedure of victorious presidents which helped much to make us popular. One was the fact that Laguerre did not shoot anybody against the barrack wall, nor levy forced “loans” upon the foreign merchants. Indeed, the only persons who suffered on the day he came into power were two of our own men, whom I caught looting. I put them to sweeping the streets, each with a ball and chain to his ankle, as an example of the sort of order we meant to keep among ourselves. Before mid-day Aiken sent a list, which his spies had compiled, of sympathizers with Alvarez. He guaranteed to have them all in jail before night. But Laguerre sent for them and promised them, if they remained neutral, they should not be molested. Personally, I have always been of the opinion that most of the persons on Aiken’s list of suspects were most worthy merchants, to whom he owed money. Laguerre gave a long audience to the cashier of the Manchester and Central American Bank, Limited, which finances Honduras, and assured him that the new administration would not force the bank to accept the paper money issued by Alvarez, but would accept the paper money issued by the bank, which was based on gold. As a result, the cashier came down the stair-case of the Palace three steps at a time, and later our censor read his cable to the Home Bank in England, in which he said that Honduras at last had an honest man for President. What was more to the purpose, he reopened his bank at three o’clock, and quoted Honduranian money on his blackboard at a rise of three per cent. over that of the day before. This was a great compliment to our government, and it must have impressed the other business men, for by six o’clock that night a delegation of American, German, and English shopkeepers called on the President and offered him a vote of confidence. They volunteered also to form a home-guard for the defence of the city, and to help keep him in office. So, by dinner-time, we had won over the foreign element entirely, and the consuls had cabled their several ministers, advising them to advise their governments to recognize ours. It was a great triumph for fair promises backed by fair dealing.