No export appearing in the Commerce and Navigation Returns, and nothing but the rags meeting his unital gaze, Mr.Greeley at once posted his national ledger with a loss of $1,440,000, the cost of the rags in Italy.
K, was, and is still (for these are actual transactions taken from his account books), an exchange broker, doing business in New York.

He buys notes on the banks of England, Ireland, Scotland, France and Canada--indeed, foreign banknotes of all kinds--for which he usually pays about ninety per cent, of their face value.

By the end of last year he had invested $200,000 in these notes brought here by travellers.

He then inclosed them in letters, and sent them to their proper destinations to be redeemed.

Redeemed they were in due time, and the proceeds remitted in gold.