from the equally penniless Miguel. It is a sort of local currency by courtesy. Credit in these parts has passed into a superstition. I have seen a strong, violent man struggling for months to recover a debt, and getting nothing but an exchange of waste paper. The very storekeepers are averse to asking for cash payments, and are more surprised than pleased when they are offered. They fear there must be something under it, and that you mean to withdraw your custom from them. I have seen the enterprising chemist and stationer begging me with fervour to let my account run on, although I had my purse open in my hand; and partly from the commonness of the case, partly from some remains of that generous old Mexican tradition which made all men welcome to their tables, a person may be notoriously both unwilling and unable to pay, and still find credit for the necessaries of life in the stores of Monterey. Now this villainous habit of living upon “tick” has grown into Californian nature. I do not mean that the American and European storekeepers of Monterey are as lax as Mexicans; I mean that American farmers in many parts of the State expect unlimited credit, and profit by it in the meanwhile, without a thought for consequences.