While the highest prices are not received by the fishermen, there are many who have been so fortunate as to obtain $1000 or more for a single pearl, and several have received double that amount. Probably the highest figure obtained by the original finder was $3800, notwithstanding exaggerated stories of enormous five-figure prices. Recently the press credited a lad sixteen years of age with securing $20,000 for a pearl he had found. A particularly striking yarn relative to a so-called “Queen Mary” pearl went the rounds of the press some time ago. According to the newspaper report, this pearl was found by the wife of a fisherman who was a cripple or something equally pathetic, and, fortunately, when the family resources were at the lowest. With tears of joy, the fisherman embraced his wife and told her it was her very own and she should wear it. However, by means of a check for $17,500, he was induced to part with it, but only on condition that it be named Queen Mary in honor of the hard-working wife. The report continues that the original buyer sold it for $25,000, and at last accounts it was held by a Chicago dealer who had “refused $40,000 and probably would not accept $50,000 for it.” The facts seem to be that this pearl, which was found near Prairie du Chien in 1901 and weighed 103 grains, was originally sold for $250, and the local buyer sold it in Chicago for $550, where for many months it was offered at $1000. All sorts of stories of valuable finds are told in the pearling regions: stories of mortgages that have been released, of homes bought, of college educations secured from the proceeds of a single gem; but these tales are offset by the untold stories of the undermining of fine, strong character in awaiting the turn of fortune which never comes. The public is quickly apprised of the valuable finds, but it does not hear of the time and labor lost by the hundreds who are unsuccessful. Pearling excitement has many of the features of a mining craze. While a few are benefited, hundreds are made poorer, and in many instances reduced to absolute want. Persons have given up their established business to devote their time to pearling, staking all on the aleatory profits, and have squandered days and months in the hope that one great, immense, all-rewarding find will be made. The monotony of continued disappointment is occasionally brightened by the news that some one—possibly a near neighbor—has made a lucky find, and then the work is continued with renewed enthusiasm. A spirit akin to that which dominates the gambler takes possession of the fisherman, and the days go on and the seasons go by while the gem that is to bring the fortune still eludes him. In many localities the pursuit yields far less profit than pleasure, and many a man who spends a summer in pearling is in a fair way to spend the winter at the expense of some one else.