In the next issue of the ROUND TABLE we shall begin a series of
descriptive articles on swimming and diving, which will run from rime to
time in this Department, as the articles on track athletics were printed
last year. The descriptions will be illustrated from instantaneous
photographs taken of one of the most expert swimmers in the country, and
it will be the object of the papers to so describe the science of
swimming and diving that any boy who does not know how, but who has a
pond near his home, may go out and soon learn the necessary strokes.
"TRACK ATHLETICS IN DETAIL."--ILLUSTRATED.--8VO, CLOTH, ORNAMENTAL,
$1.25.
THE GRADUATE.
[Illustration: STAMPS]
This Department is conducted in the interest of stamp and coin
collectors, and the Editor will be pleased to answer any question
on these subjects so far as possible. Correspondents should address
Editor Stamp Department.
The discovery of a misspelled word on the new $1 silver certificate
(tranquility instead of tranquillity) has led thousands of persons to
believe that the government will call in all the bills, with the
consequence that those remaining in the hands of the public will command
a premium from "collectors." Nothing can be more erroneous.
The marvellous growth in value of rare stamps has led to a widespread
idea that there is an immense number of "collectors" in every
department, that these "collectors" are waiting with money in their
hands anxious to pay fancy prices for anything which is old or odd. As a
matter of fact neither age nor scarcity makes a thing valuable. It is
entirely a question of demand and supply. For instance, any book printed
by Caxton (1474 to 1492) would be worth $5000 at least, and some of his
books would bring $15,000 or more, each. Many other older books printed
previous to these dates can be bought for $10 each. Why the difference?
Simply this: Caxton was the first English printer, and his books are
eagerly sought for in England by the great libraries and by English
bibliophiles. The demand is great, the supply exceeding small, hence the
continuous growth in values. On the other hand, thousands of big folio
volumes of sermons and theological disquisitions in the Latin language,
printed in Germany and elsewhere, at the same time as the Caxtons, or
earlier, are in the market. The supply is immense, the demand very
small, hence the very small prices, despite the fact that some of these
books are quite as scarce as some of the Caxtons, and just as old.
Public-domain text, read in full here on John Shaqi.
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