Our new president, Houzeau de Lehaye, was in the number,—a lively little man, full of wit and possessing the gift of fascinating eloquence. As chairman he conducted the proceedings with tact and firmness, and whenever in succeeding Congresses he took part in the debates, as he was particularly apt to do if any obstacles had to be avoided, one could always depend on his tact. “Twenty-four years ago,” Houzeau told us that first day, “I visited the battlefield of Sedan. I have the impression of it still before me,—those corpses, those temporary graves, those flocks of ravens, the troops of maddened horses tearing over the plain, the wounded and dying lying in their gore, the teeth clinched in the agony of tetanus, the columns of prisoners of war, the heaps of discarded weapons, and in the midst of a grass plat the brass instruments of a military band surprised by the enemy in the climax of the saber song from ‘The Grand Duchess of Gerolstein.’ And I saw white sheets of letter paper, covered with the simple messages of love of mothers and sweethearts, flying round in the autumn wind until they fell into lakes of blood; and the horrible vision of countless bones and bleeding flesh all trodden down into the mire.... The peasants had fled from their villages across the neighboring boundary, and were then returning slowly to find misery and ruin, to which they would later have to succumb; and this,” he added, as he concluded his reminiscences with restrained passion, “is this to be the sum of civilization?” Houzeau de Lehaye is a decided advocate of free trade. In his opening address, in which he depicted the errors and prejudices lying at the foundation of any defense of the institution of war, he said: There is still another error which does not indeed involve a brutal battle of saber and cannon, but nevertheless is not much less calamitous. In spite of all the counter-evidence of the political economists, in spite of repeated results based on experience, yet how widespread is the prejudice that a nation becomes poor when the prosperity of neighboring peoples makes too rapid advances. And in order to preserve an imaginary equilibrium they hasten to have recourse to a protective tariff. And this war of the tariffs is not less destructive than the other. By a righteous retribution this weapon chiefly wounds those that wield it. And all these errors have their foundation in the false notion of the source of wealth and prosperity. It is worth while to note that there is only one source,—labor!