one of the important lumber markets: about 125,000,000 feet of lumber, logs, etc., were sold here in 1887. But it is unnecessary to particularize. The Board of Trade think that the advantages of Louisville as a manufacturing centre are sufficiently emphasized from the fact that during the year 1887 seventy-three new manufacturing establishments, mainly from the North and East, were set up, using a capital of $1,290,500, and employing 1621 laborers. The city has twenty-two banks, which had, July 1, 1887, $8,200,200 capital, and $19,927,138 deposits. The clearings for 1887 were $281,110,402—an increase of nearly $50,000,000 over 1886. Another item which helps to explain the buoyant feeling of Louisville is that its population increased over 10,000 from 1886 to 1887, reaching, according to the best estimate, 177,000 people. I should have said also that no city in the Union is better served by street railways, which are so multiplied and arranged as to “correspondences” that for one fare nearly every inhabitant can ride within at least two blocks of his residence. In these cars, as in the railway cars of the State, there is the same absence of discrimination against color that prevails in Louisiana and in Arkansas. And it is an observation hopeful, at least to the writer, of the good time at hand when all party lines shall be drawn upon the broadest national issues, that there seems to be in Kentucky no social distinction between Democrats and Republicans. XIII.—MEMPHIS AND LITTLE ROCK. The State of Tennessee gets its diversity of climate and productions from the irregularity of its surface, not from its range over degrees of latitude, like Illinois; for it is a narrow State, with an average breadth of only a hundred and ten miles, while it is about four hundred miles in length, from the mountains in the east—the highest land east of the Rocky Mountains—to the alluvial bottom of the Mississippi in the west. In this range is every variety of mineral and agricultural wealth, with some of the noblest scenery and the fairest farming-land in the Union, and all the good varieties of a temperate climate.