VII. Don't bother yourself to procure British money at any such rate as $4.90 for sovereigns, which was ruling when I came away. Bring American coin rather than pay over $4.86. You can easily obtain British gold here in exchange for American, and I have heard of no higher rate than $4.87.

VIII. Whatever may be wise at other seasons, never think of stopping at a London hotel this summer unless you happen to own the Bank of England. If you know any one here who takes boarders or lets rooms at reasonable rates, go directly to him; if not, drive at once to the house of Mr. John Chapman, American Bookseller, 142 Strand, and he will either find you rooms or direct you to some one else who will.

IX. If the day of your embarkation be fair, take a long, earnest gaze at the sun, so that you will know him again when you return. They have something they call the sun over here which they show occasionally, but it looks more like a boiled turnip than it does like its American namesake. Yet they cheer us with the assurance that there will be real sunshine here by-and-by. So mote it be!


V.

THE FUTURE OF LABOR—DAY-BREAK.

London, Friday, May 9, 1851.

I have spent the forenoon of to-day in examining a portion of the Model Lodging-Houses, Bathing and Washing establishments and Cooperative Labor Associations already in operation in this Great Metropolis. My companions were Mr. Vansittart Neale, a gentleman who has usefully devoted much time and effort to the Elevation of Labor, and M. Cordonnaye, the actuary or chosen director of an Association of Cabinet-Makers in Paris, who are exhibitors of their own products in the Great Exposition, which explains their chief's presence in London. We were in no case expected, and enjoyed the fairest opportunity to see everything as it really is. The beds were in some of the lodging-houses unmade, but we were everywhere cheerfully and promptly shown through the rooms, and our inquiries frankly and clearly responded to. I propose to give a brief and candid account of what we saw and heard.