Amsterdam is also the home of a peculiar institution into the workings of which some of our own municipalities might delve to their advantage. It puts the predatory money-loan shark out of business as effectually as a hydrochloric acid bath would a potato bug. This institution is the municipal pawnshop, known as the Bank of Leening, of which there are fifteen branches in the city. It has been in successful operation for centuries, the first pawn ticket showing the early date of April 29, 1614. Loans are made for six months, and all articles not redeemed at the expiration of that period are sold at public auction. It is interesting to note that among the articles disposed of in this manner in 1909 were 3,427 sewing machines, 1,325 bicycles, and 106 pianos and organs. The maximum loan allowed on a single article is approximately $201, while the low rates charged have been the cause of much anxiety on the part of the independent pawnbrokers, and with the desired results. You may pawn with the Bank of Leening anything from a hair comb to a hair mattress, but it is an acknowledged fact that forty per cent. of its business is derived from that well-meaning Dutchman addicted to the habit of wearing his best suit only on Sunday. This he pawns on Monday and redeems on Saturday, until the suit wears out from being passed over the counter. One item more to the credit of Amsterdam: all the slaughtering of animals for food must be done in the municipal abattoir, and meat which is brought in from the country must be inspected there before it is offered for sale. The dealers do their own slaughtering and must pay for the use of the abattoir sixty-four, thirty-four, or ten cents, according to the size of each animal slaughtered. Especially constructed vans then transfer the meat to the shops of the different dealers. Inasmuch as horseflesh is found on the daily menu of many families in Amsterdam, 5,444 horses were numbered among the 150,000 or more animals slaughtered in the municipal abattoir in 1909. Mutton, not being in particular favor with the Dutch for some unknown reason, cannot be bought in many of the meat shops, and there is a large central market in Amsterdam that carries only mutton as its stock in trade. The Bank of Amsterdam antedates the Bank of England by almost a century, being founded in 1609. Under the administration of the Amsterdam Corporation, whose executives examined its specie annually in order to verify the statements of its managers, the business world became so confident of its solvency that its guaranteed certificates were usually offered at a premium, and as much as $180,000,000 in coin has been held against these certificates at one time. Ever since its establishment it has retained its place as one of the strongest financial institutions in the world. IX EXCURSIONS ABOUT AMSTERDAM