as though seeking for inspiration for the next attempt. He was not eloquent; but the gentlemen who heard him remembered that he was the great Augustus Melmotte, that he might probably make them all rich men, and they cheered him to the echo. Lord Alfred had reconciled himself to be called by his Christian name, since he had been put in the way of raising two or three hundred pounds on the security of shares which were to be allotted to him, but of which in the flesh he had as yet seen nothing. Wonderful are the ways of trade! If one can only get the tip of one's little finger into the right pie, what noble morsels, what rich esculents, will stick to it as it is extracted! When Melmotte sat down Fisker made his speech, and it was fluent, fast, and florid. Without giving it word for word, which would be tedious, I could not adequately set before the reader's eye the speaker's pleasing picture of world-wide commercial love and harmony which was to be produced by a railway from Salt Lake City to Vera Cruz, nor explain the extent of gratitude from the world at large which might be claimed by, and would finally be accorded to, the great firms of Melmotte & Co. of London, and Fisker, Montague, and Montague of San Francisco. Mr. Fisker's arms were waved gracefully about. His head was turned now this way and now that, but never towards his plate. It was very well done. But there was more faith in one ponderous word from Mr. Melmotte's mouth than in all the American's oratory. There was not one of them then present who had not after some fashion been given to understand that his fortune was to be made, not by the construction of the railway, but by the floating of the railway shares. They had all whispered to each other their convictions on this head. Even Montague did not beguile himself into an idea that he was really a director in a company to be employed in the making and working of a railway. People out of doors were to be advertised into buying shares, and they who were so to say indoors were to have the privilege of manufacturing the shares thus to be sold. That was to be their work, and they all knew it. But now, as there were eight of them collected together, they talked of humanity at large and of the coming harmony of nations.