lumbering stage and jolly drivers, who snapped their whips and cracked their jokes around a cheerful, open fire while waiting for the incoming ships. The large, square homes of yesterday are now degenerated into tenement houses.
Three of the most prominent merchants of that day were William Grey, Joseph Peabody, and Elias Hasket Derby. They owned the greater number of the ships that sailed to foreign ports, and their names are household words. On the wharves still stand their old counting-houses, now put to other uses.
[Illustration: PLATE II.--Doorway, Oliver House, Salem, Mass. Built in 1802.]
With the decline of commerce and the decrease of shipping, the tide of building turned inland. Large, imposing houses were erected in other parts of the town. Elias Hasket Derby chose as a site for his new house what is now known as Derby Square. The estate was a large one, terraced to the water's edge. The house was of wood, three stories in height, and costing eighty thousand dollars. Much of Sa
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