The keenness in business of these boys is well illustrated by the story of the Soda-Water Trust. Whenever the boys went to the store in Holderness they generally bought soda-water. This went on until some one suggested the apparatus could be bought and the soda-water made in the camp. Two firms—one of three boys and the other of two—each firm having a bank account large enough to purchase the apparatus and supplies, were formed at once. But the privileges or monopolies in the camp were always sold for the benefit of the Charity Fund, 250 and it was promptly announced the soda-water franchise would be put up at auction. The two firms were rich, but they were not willing to enter a contest of this kind. The members got together and talked matters over at length, finally resolving to form a trust. When the time came the trust bid one cent for the franchise, and there being no other bid it was sold at this price. When their apparatus came the trust did a rushing business.

A HALT FOR SUPPER.

THE BARGE.

In the Camp Chocorua bank, each man and boy had an account. Payments of all kinds were made by check. The allowance was added to the account each week, and as the boys made money the credits grew larger. At the end of the camp season the depositor could either draw out his balance or have it carried over to the next summer. During the winter he was allowed to earn money by work, provided he received no more for it than would have been paid to anyone else, and this money could be added to the bank account. One boy brought nine dollars and seventy-five cents as the result of shovelling snow, but the canoe his father gave him could only be kept when he showed himself able to pay for it. This he could only do by borrowing from the bank the necessary balance; but his credit was good, and the summer was not half over before he had paid back the loan. I have often laughed when I have thought of the feeling with which that father must have looked on his son’s check, and realized what it meant. If the boys in Camp Chocorua learned anything, they learned not to be ashamed of labor in any form. The dignity of work was silently taught them, even as they were taught to expect the tangible rewards.