[Illustration: THE GREAT ROUND
WORLD
AND WHAT IS GOING ON IN IT.]

VOL. 1 DECEMBER 16, 1897. NO. 58

=Copyright, 1897, by THE GREAT ROUND WORLD Publishing Company.=

* * * * *

When we take up our history books and read the accounts of the great
deeds that have been done, we are very apt to wonder how the people felt
in those times, and if it was not much more exciting to _live_ history
than it is to learn it.

We have an opportunity of judging for ourselves how it feels, for we are
now living through a very important chapter of history.

Cuba, Turkey, Haiti, and Hawaii are all making history for us that will
make very stirring reading for the scholars that come after us, and now
Austria has joined in the procession, and is giving us an episode that
will make one of the most exciting pages in that country's history.

The present occurrences in Austria are of the utmost importance to the
world. They show that the time has passed when kings can rule as
absolute monarchs, and that the voice of the people must be listened to.

We told you of the anger of the Austrian people against Count Badeni and
his Government, and how the Emperor approved of him and his work, and
was determined to uphold him in spite of the opposition.