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 had a general commission to forage, and who showed wisdom as well as spirit in ratifying his agent's decided action. Those were the golden days of speculation in books relating to America, when rarities could be obtained for hardly more shillings than they now cost pounds. Mr. Stevens probably contributed more than any other man to terminate this happy state of things. While, on the one hand, he ransacked the chief European capitals as agent for wealthy American collectors, on the other hand he drained America on behalf of the British Museum, then for the first time entering into the market to any considerable extent. Mr. Panizzi had just prepared his celebrated report on the deficiencies of the Museum Library, in which he had said: "The expense requisite for accomplishing what is here suggested—that is, for forming in a few years a public library containing from 600,000 to 700,000 printed volumes, giving the necessary information on all branches of human learning, from all countries, in all languages, properly arranged, substantially and well bound, minutely and fully catalogued, easily accessible and yet safely preserved, capable for some years to come of keeping pace with the increase of human knowledge—will no doubt be great; but so is the nation which is to bear it. What might be extravagant and preposterous to suggest to one country may be looked upon not only as moderate, but as indispensable in another." With such views on Panizzi's part, he and Stevens fortunately encountered. Ere they had been long acquainted, a proposal came from the former,