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 national property, shall remain closed till the sword drawn for the sacred defence of liberal principles has accomplished its mission of securing the happiness of our beloved country."

And for many years this was the last of the San Tomé mine. What advantage that government had expected from the spoliation it is impossible to tell now. Costaguana was made with difficulty to pay a beggarly money compensation to the families of the victims, and then the matter dropped out of diplomatic despatches. But afterwards another government bethought itself of that valuable asset. It was an ordinary Costaguana government—the fourth in six years—but it judged of its opportunities sanely. It remembered the San Tomé mine with a secret conviction of its worthlessness in their own hands, but with an ingenious insight into the various uses a silver-mine can be put to, apart from the sordid process of extracting the metal from under the ground. The father of Charles Gould, for a long time one of the most wealthy merchants of Costaguana, had already lost a considerable part of his fortune in forced loans to the successive governments. He was a man of calm judgment, who never dreamed of pressing his claims; and when, suddenly, the perpetual concession of the San Tomé mine was offered to him in full settlement, his alarm became extreme. He was versed in the ways of governments. Indeed, the intention of this affair, though no doubt deeply meditated in the closet, lay open on the surface of the document presented urgently for his signature. The third and most important clause stipulated that the concession-holder