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Texas and Oregon into the Union; how George Washington advised against including the Mississippi River; and how Monroe warned Congress that a country that reached from the Atlantic to the Middle West was "too extensive to be governed but by a despotic monarchy." They told how Abraham Lincoln, when he was postmaster of New Salem, used to carry the letters in his coon-skin cap and deliver them at sight; how in 1822 the mails were carried on horseback and not in stages, so as to have the quickest possible service; and how the news of Madison's election was three weeks in reaching the people of Kentucky. When the telegraph was mentioned, they told how in Revolutionary days the patriots used a system of signalling called "Washington's Tele-graph," consisting of a pole, a flag, a basket, and a barrel. So, the young Republic was still within hearing distance of its childhood, in 1876. Both in sentiment and in methods of work it was living close to the log-cabin period. Many of the old slow ways survived, the ways that were fast enough in the days of the stage-coach and the tinder-box. There were seventy-seven thousand miles of railway, but poorly built and in short lengths. There were manufacturing industries that employed two million, four hundred thousand people, but every trade was broken up into a chaos of small competitive units, each at war with all the others. There were energy and enterprise in the highest degree, but not efficiency or organization. Little as we knew it, in 1876 we were mainly gathering together the plans and the raw materials for the building up of the modern business world, with its quick, tense life and its national structure of immense coordinated industries. In 1876 the age of specialization and community of interest was in its