SAGACITY.

Ralph Waldo Emerson, the well-known American essayist, poet, and speculative philosopher. Born in Boston, May 25, 1803; died at Concord, April 27, 1882. From his essay on "Success," in Society and Solitude. Copyright, by Messrs. Houghton, Mifflin & Co., publishers, Boston, and with their permission.

Columbus at Veragua found plenty of gold; but, leaving the coast, the ship full of one hundred and fifty skillful seamen, some of them old pilots, and with too much experience of their craft and treachery to him, the wise Admiral kept his private record of his homeward path. And when he reached Spain, he told the King and Queen, "That they may ask all the pilots who came with him, Where is Veragua? Let them answer and say, if they know, where Veragua lies. I assert that they can give no other account than that they went to lands where there was abundance of gold, but they do not know the way to return thither, but would be obliged to go on a voyage of discovery as much as if they had never been there before. There is a mode of reckoning," he proudly adds, "derived from astronomy, which is sure and safe to any who understands it."