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rowers in Anchuria and have seriously discommoded the Vesuvius Company had it declined to pay it. But for some reason, the Vesuvius continued to buy Anchurian fruit, paying four _reals_ for it; and not suffering the growers to bear the loss. This apparent victory deceived His Excellency; and he began to hunger for more of it. He sent an emissary to request a conference with a representative of the fruit company. The Vesuvius sent Mr. Franzoni, a little, stout, cheerful man, always cool, and whistling airs from Verdi's operas. Senor Espirition, of the office of the Minister of Finance, attempted the sandbagging in behalf of Anchuria. The meeting took place in the cabin of the _Salvador_, of the Vesuvius line. Senor Espirition opened negotiations by announcing that the government contemplated the building of a railroad to skirt the alluvial coast lands. After touching upon the benefits such a road would confer upon the interests of the Vesuvius, he reached the definite suggestion that a contribution to the road's expenses of, say, fifty thousand _pesos_ would not be more than an equivalent to benefits received. Mr. Franzoni denied that his company would receive any benefits from a contemplated road. As its representative he must decline to contribute fifty thousand _pesos_. But he would assume the responsibility of offering twenty-five. Did Senor Espirition understand Senor Franzoni to mean twenty-five thousand _pesos_? By no means. Twenty-five _pesos_. And in silver; not in gold. "Your offer insults my government," cried Senor Espirition, rising with indignation. "Then," said Mr. Franzoni, in warning tone, "_we will change it_." The offer was never changed. Could Mr. Franzoni have meant the government? This was the state of affairs in Anchuria when the winter season opened at Coralio at the end of the second year of Losada's administration. So, when the government and society made its annual exodus to the seashore it was evident that the presidential advent would not be celebrated by unlimited rejoicing. The tenth of November was the day set for the entrance into Coralio of the gay company from the capital. A narrow-gauge railroad runs twenty miles into the interior from Solitas. The government party travels by carriage from San Mateo to this road's terminal point, and proceeds by train to Solitas. From here they march in grand procession to Coralio where, on the day of their coming, festivities and
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