“A disastrous bankruptcy was the result of the wars which marked the beginning of the century, and the crash of 1873 caused most serious loss both to state and individuals. The stock exchange of Vienna is one of those where speculation is not rife. The Budget of 1888 for Austria gave £41,335,000 as the amount of revenue, and £48,030,000 as that of expenditure, and the public debt as £83,091,060. For Hungary, the revenue was in 1887 £28,937,630, and the expenditure £29,547,853. The public debt for the whole of the Empire is twenty-seven millions of florins” Leger’s “History of Austro-Hungary” (translated by Mrs. B. Hill), p. 633.
“The Present Condition of European Politics,” p. 203.
“A few years ago a swift voyage from England to Calcutta, _viâ_ the Cape of Good Hope, was from a hundred and ten to a hundred and twenty days. Now steamers by way of the Canal make the same voyage in about thirty days. Here, then, is a diminution of 75 per cent. on the enormous stocks of goods continually required to be held unused, involving continued risk of depreciation, loss of interest, cost of insurance, to meet the requirements of mere transit” (S. A. Wells’ “Practical Economics,” p. 236).
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With the beginning of the Seventeenth Volume (_November, 1889_) =ST. NICHOLAS= will be enlarged by the addition of eight or more pages to each number, and the Magazine will be printed in a new and clearer-faced type. During the year there will be four important =Serial Stories= by well-known authors, and also =Notable Papers on Athletics and Outdoor Sports=, as well as a multitude of Occasional Papers, Stories, Illustrated Articles of Character and Adventure, Suggestive of Talks on Natural History, Scientific Subjects, &c. _The price will remain the same._
=The Autobiography of Joseph Jefferson= (“Rip Van Winkle”); “=Friend Olivia=,” a Serial Story by Mrs. BARR, Author of “Jan Vedder’s Wife,” &c.; “=The Merry Chanter=,” in Four Parts, by FRANK R. STOCKTON; =Letters from Japan=, by JOHN LA FARGE; and =The Gold Hunters of California=, being Personal Narratives of most Romantic Interest.
Besides the above Special Features there will be valuable Contributions in Prose and Verse by MARK TWAIN, EDMUND GOSSE, H. H. BOYESEN, HENRY JAMES, EDW. EGGLESTON, &c., &c.