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Reduction of Hotel, board.

--The New York Herald says that among the most significant signs of the times is the razeeing (to use a eal term) of hotel bills. The hotel-keepers themselves seem to be alive to the necessity of some such process. Accordingly, we see the principal hotels of New York reducing their prices of board to suit the exigencies of the war. The St. Nichclas, Matropolitan, and other great hotels have reduced their rates considerably. The Howard has come down from two dollars to one dollar and a half per day. Men who act on this live and let live principle deserve to be supported.

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