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who spend four or five hours of the day sitting in the cafes of Budapest. The poor parts of the city present a different spectacle. Here there are great numbers of crooked-legged spindly children, war-products evidently. The slums are nothing like so bad as those of London or Chicago--only the children are less boisterous, less vital, and seem to have been underfed all their lives. The new babies look much better than the children of four or five. Food is more abundant now, and a great deal of relief work is done at the schools. But it is doubtful if any philanthropic efforts can restore the war-children. Budapest has a bad streak left in her town-population by the war, and it is visible. Cotton goods are very expensive, and many of the poor children seem inadequately dressed. The price of cotton is dependent upon much speculation and bad business between the American cotton plantation and the obscure worker in Hungary. It is a curious anomaly that Americans should burn cotton-bales in the Southern States to keep up the price, and that the American Red Cross on the other hand should in Europe distribute free garments to those who cannot pay the world-price thus attained. The exchange is very low, five crowns to a penny, three hundred to a dollar. For a thousand crowns a week you can live--you can live in one room and keep body and soul together. For two thousand crowns a week you can live at a second-class hotel with board and lodging. An ordinary dinner with a glass of beer costs a hundred crowns. You can also get a seat at the back of the stalls in a theatre for that amount. There is a luxury-tax of ten per cent on all you buy at cafes and restaurants, on perfumery, and like objects. This, no doubt, brings in a large amount to the national exchequer if it is efficiently collected. The wages and salaries of all trades and professions are in a continual hurdle-race, vaulting cost of living and the rate of exchange. There are thousands of _nouveaux riches_, and there are thousands of ex-rich and gentry in decay. One feels that Hungary, however, is a rich country even as she stands to-day, and that the people have sterling qualities which make for the recuperation of the new State. There is still a love of work in the country, and that is comparatively a rare virtue in modern Europe. The working class, as in Germany, feels that it lost the war and cannot expect extra fine conditions. The Hungarian w
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