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of 80 tons burden-probably not a half dozen of them reached 200 tons. To Governor Winthrop belongs the honor of building the first vessel whose keel was laid in the colony. It was built on the banks of the Mystic, probably not far from the governor's house, at the Ten Hills. It was a bark of 30 tons, built of locust cut on the governor's farm, and was called the Blessing of the Bay. It was launched July 4, 1631. Mr. Brooks finds that it cost 145 pounds, and that the owner said of it, in 1636, I will sell her for 160 pounds. Now hear Mr. Brooks: There was something singularly prophetic that the first vessel built at Mistick should have increased in price after 5 years service. Our day has seen the prophecy fulfilled; as it is no marvel now for a Medford ship to command a higher price after having had a fair trial at sea. Well, I don't know; to me it seems very like the case of a trader who marks up his goods, thinking that thereby he increases the value of his stock. We have