125 Dozen Haile's Drawing Books, _new_ 50c. doz. 100 " Barnes' " " " 40c. " 200 " White's, Krone's, etc., _new_ 25c. to 60c. " 50 Williams' Composition, _not revised, new_ 40c. each 50 Kellogg's Rhetorics, 276 pages, _new_ 50c. " 200 Continental Fourth Readers 25c. " 200 " Fifth " 25c. " 100 Lippincott's " " 25c. " 100 Davis' Fourth Readers 25c. " All of the above books are used copies, good condition, except where marked new. =French and German Books, Arithmetics, Geographies, and Text-Books of all kinds at low prices.= =WILLIAM BEVERLEY HARISON= 3 and 5 West 18th Street, New York City * * * * * [Illustration: THE GREAT ROUND WORLD AND WHAT IS GOING ON IN IT.] VOL. 1 AUGUST 26, 1897. NO. 42 The most important news of the past week is the step which Great Britain has taken in breaking off the commercial treaties with Germany and Belgium, which have been in effect since 1865. By the terms of these treaties, Great Britain gave her word that no articles manufactured in either of these countries should be charged higher tariff duties in her colonies than similar articles of British manufacture. For instance, on German and Belgian cloth, exactly the same duty is charged in Canada and Australia and the colonies generally as on the English cloth. You would have supposed that England, being the mother country, would have been charged a lower tariff than foreign countries, but according to the treaties this was impossible. By breaking these treaties it has, however, become possible for Great Britain to make arrangements whereby her merchandise can be introduced into her colonies on terms that are very favorable to herself. In taking this step England is only closing the last chapter of a volume of her history, and when she makes her new treaties with her colonies she will be commencing the first chapter of the new history of the British Empire that is yet to be written. This matter is of such vast importance, in the bearing that it will have on the future, that we must try our best to understand it. England's importance and wealth lie in her colonies. She is but a "right little, tight little island" of herself; but when regarded from the standpoint of her possessions, her territory covers about one-sixth of the land surface of the globe (see map, page 1189). Her possessions lie north, south, east, and west, till it is rightly said that "the sun never sets on England's glory." All her various dependencies are self-governing. They have their own legislatures, impose their own taxes, and manage their own affairs socially, politically, and commercially.