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TWO-INCH stub of a blue pencil was the wand with which Keogh performed the preliminary acts of his magic. So, with this he covered paper with diagrams and figures while he waited for the United States of America to send down to Coralio a successor to Atwood, resigned.

The new scheme that his mind had conceived, his stout heart indorsed, and his blue pencil corroborated, was laid around the characteristics and human frailties of the new president of Anchuria. These characteristics, and the situation out of which Keogh hoped to wrest a golden tribute, deserve chronicling contributive to the clear order of events.

President Losada—many called him Dictator—