Honduras agreed to receive the exile, and to give it her name and protection for the sum of twenty thousand dollars a year and twenty per cent. of its gross earnings. It would seem that this to a country that has not paid the interest on her national debt for twelve years was a very advantageous bargain; but as four presidents and as many revolutions and governments have appeared and disappeared in the two years in which the lottery people have received their charter in Honduras, the benefit of the arrangement to them has not been an obvious one, and it was not until two years ago that the first drawing of the lottery was held at Puerto Cortez. The company celebrated this occasion with a pitiful imitation of its former pomp and ceremony, and there was much feasting and speech-making, and a special train was run from the interior to bring important natives to the ceremonies. But the train fell off the track four times, and was just a day late in consequence. The young man who had charge of the train told me this, and he also added that he did not believe in lotteries. During these two years, when representatives of the company were taking rides of nine days each to the capital to overcome the objections of the new presidents who had sprung into office while these same representatives had been making their return trip to the coast, others were seeking a foothold for the company in the United States. The need of this was obvious and imperative. The necessity which had been forced upon them of holding the drawings out of this country, and of giving up the old name and trade-mark, was serious enough, though it had been partially overcome. It did not matter where they spun their wheel; but if the company expected to live, there must be some place where it could receive its mail and distribute its tickets other than the hot little Honduranian port, locked against all comers by quarantine for six months of the year, and only to be reached during the other six by a mail that arrives once every eight days.