Newcastle was a curious sight the night after the peace was declared. Every hotel and bar was crowded with refugees, who were trying to relieve their feelings by cursing the name of Gladstone with a vigour, originality, and earnestness that I have never heard equalled; and declaring in ironical terms how proud they were to be citizens of England--a country that always kept its word. Then they set to work with many demonstrations of contempt to burn the effigy of the Bight Honourable Gentleman at the head of Her Majesty's Government, an example, by the way, that was followed throughout South Africa. Even Sir Evelyn Wood, who is very popular in the colony, was hissed as he walked through the town, and great surprise was expressed that a soldier who came out expressly to fight the Boers should consent to become the medium of communication in such a dirty business. And, indeed, there was some excuse for all this bitterness, for the news meant ruin to very many. But if people in Natal and at the Cape received the news with astonishment, how shall I describe its effect upon the unfortunate loyal inhabitants in the Transvaal, on whom it burst like a thunderbolt? They did not say much, however, and indeed there was nothing to be said. They simply began to pack up such things as they could carry with them, and to leave the country, which they well knew would henceforth be utterly untenable for Englishmen or English sympathisers. In a few weeks they come pouring down through Newcastle by hundreds; it was the most melancholy exodus that can be imagined. There were people of all classes, officials, gentlefolk, work-people, and loyal Boers, but they had a connecting link; they had all been loyal, and they were all ruined. Most of these people had gone to the Transvaal since it became a British colony, and invested all they had in it, and now their capital was lost and their labour rendered abortive; indeed, many of them whom one had known as well to do in the Transvaal, came down to Natal hardly knowing how they would feed their families next week. It must be understood that so soon as the Queen's sovereignty was withdrawn the value of landed and house property in the Transvaal went down to nothing, and has remained there ever since. Thus a fair-sized house in Pretoria brought in a rental varying from ten to twenty pounds a month during British occupation, but after the declaration of peace, owners of houses were glad to get people to live in them to keep them from falling into ruin. Those who owned land or had invested money in businesses suffered in the same way; their property remains neither profitable or saleable, and they themselves are precluded by their nationality from living on it, the art of "Boycotting" not being peculiar to Ireland.