000. Seven thousand three hundred and forty-two operatives, male
and female, are employed in these establishments, which, under the
impulse of the national industry, are multiplying and developing
themselves daily with considerable rapidity. Again, it is a Greek, an
Epirote, Evangeli Lappa, at whose cost have been instituted, under the
name of [Greek: Olympia], exhibitions of agriculture, and manufactures
every four years, in which, conformably with the fundamental statutes,
all the products of Hellenic industry are to be represented, and
particularly its manufactures, its agriculture, and cattle-breeding. A
magnificent palace, erected expressly for it at the cost of the generous
founders, is destined to receive, when finished, the fourth exhibition
of the [Greek: Olympia]."

In common with agriculture and manufactures, trade is likewise making
considerable progress. It is to the commercial spirit of the Greeks, of
which traces are everywhere seen, that we owe the considerable extension
which commerce has undergone in Greece since her national regeneration.
Her general trade shows the following figures:--

Year. Imports. Exports.

1865 L3,196,403 L1,775,775
1874 4,261,870 2,663,662

The spirit of association, under every aspect, is the secret of human
progress and development in modern times. In Greece this idea,
essentially human, of association has not yet realized the grand results
in the way of progress which we admire in the rest of Europe. The
poverty of the country, recently delivered from general destruction, is,
doubtless, one of the chief causes of this. However, since the year
1868, a great impetus has been given to our national life in respect of
association. The first company was formed in 1836. From that time to the
present 144 joint-stock companies have been created at different dates.
Of all these companies there remain at this day fifty, witnesses to the
vitality of the country, and to the constant progress of Greece. This
fact is still more clearly affirmed by the operations of the National
Bank of Greece.

This bank, established in 1842 with a capital of L165,000 divided into
5000 shares, possesses to-day a capital of L600,000. While in the year
following its establishment (1843) the highest amount of its note
circulation only reached L12,500 that of its discounts L85,000 and that
of its advances L6500; in 1877 the note circulation reached L1,500,000,
its disc