"But," said I, "supposing a nation, having a natural monopoly in some product of which it exports more than it consumes, should put the price away up, and thus, without cutting off the supply, make a profit out of its neighbors' necessities? Its own citizens would of course have to pay the higher price on that commodity, but as a body would make more out of foreigners than they would be out of pocket themselves." "When you come to know how prices of all commodities are determined nowadays, you will perceive how impossible it is that they could be altered, except with reference to the amount or arduousness of the work required respectively to produce them," was Dr. Leete's reply. "This principle is an international as well as a national guarantee; but even without it the sense of community

