VIEW FROM THE RAMPARTS OF PANAMA.

From the ruins of the church the youths and their companions strolled to the ramparts of the city, where they watched the sunset gilding the distant hilltops and lighting up the waters of the beautiful Bay of Panama. The wall is here enlarged into a wide promenade, which overlooks a level space containing the arsenal, the military barracks, and the prisons of the city government. The Esplanade is the favorite lounging-place of the people at the close of the day, and our friends had an excellent opportunity to study the local dress and manners. Nobody appeared to be in a hurry, and there was a tendency to divide into groups and couples, very much as in other lands and under other skies. Some sauntered slowly up and down the promenade, while others leaned over the parapet, or reclined on the grass which covered a considerable part of the Esplanade. Ships and steamers were anchored in the distance, while the foreground of the bay was dotted with native boats, which seemed to be drifting aimlessly in the gentle breeze. Altogether, the picture was delightful, and long to be remembered.

On the next morning our friends were up early for an excursion to Old Panama, which we have already mentioned. As we drew on Frank's note-book for the modern city, we will rely upon Fred for our information about the ancient one.

"We had a delightful ride on horseback," said Fred; "leaving Panama by the northwestern gate, which brought us to the fish-market on the beach. To judge by what we saw, Panama is justly named 'a place of fish,' as there seemed to be a supply three times as large as could possibly be wanted for the use of the inhabitants. There were Spanish mackerel, oysters, bonito, and a good many other fishes, and all of the very best quality, with the possible exception of the oysters. We asked if these oysters were the ones from which pearls are obtained, and they told us the pearl-fisheries were about a hundred miles down the bay, and the oysters not at all like those sold in the market. There was formerly a fine revenue from the pearl-fisheries, but the beds are practically exhausted, and of late years very little attention has been given to the business.

ON THE NORTHEASTERN BEACH.

"From the market we galloped along the beach for a couple of miles, and then turned inland. We came out to the shore again, after winding among rocks and thick foliage, and followed along the bay till we reached the ancient city.

"Everything is in the most complete ruin; what was left by Morgan has been vigorously attacked by the tooth of time. And I remark, by the way, that the tooth of time is much more effective in its work in the tropics than in the colder north, where the vegetation is less rapid and aggressive. Walls and towers are so overgrown with mosses and creepers that, in many instances, the structures are completely hidden from sight, and their positions are only indicated by their shape. Seeds carried by the birds, or wafted by the winds, fall into crevices between the stones; they are warmed into life by the temperature, and nourished by the moisture that prevails at all seasons of the year. They grow and flourish in spite of the inconveniences of their position, and after a time they force the stones apart, and the structure is weakened, and hastened to its overthrow.