Excerpt from Brooks' Foreign Exchange d104 Book: An Elementary Treatise on Foreign Exchange and the Monetary Systems of the World; For the Instruction and Use of the Banker, Exporter, Importer, Tourist and Particularly for the Scholar and Student In presenting this publication the writer has invariably kept in mind the importance of explaining, in simple language, the essential principles of the science and where there seemed any doubt of the clearness of the statements, to supplement same with complete illustrations. While practical experience is necessary in the more intricate operations in foreign exchange transactions, stu dents and junior employes of banks and mercantile houses should experience no difficulty, with well directed study and application, in fitting themselves for lucrative positions in the foreign departments of city banks and mercantile institutions. In fact the writer believes the opportunity foryoung men in the foreign exchange departments of the con cerns mentioned, are more encouraging and promise better salaries for the future, than in almost any other line of trade.