TERMS OF PUBLICATION, g 2 00 per annum, a” advance—or g 2 SO, if not.paidwitbin the year.* No subscription taken fora less term than six months, and no discontinuance permitted until all arrearages are paid. A. failure to notify a discontinuance at the expiration of -a term, W 4.11 be considered a new. engagement., O- per square for the .three first insertions, a mi’twenty five cents for evel;jr subsequent one. ' To the Electors of Cumberland ■" ' , county. Filto-a citizens—l offer myself to your ■consid eration as a candidate tor the olficc of SHERIFF , at the ensuing election, arid respectfully solicit Vom support! and if elected will endeavor to discharge the duties of the office to the best of tny judgment and abilities. FiIANCIS ECKELS, Silver Spring township. April 2, 1840, To the Free and Independent Voters of Cumberland county t'cllotv citizens— l submit myself to your con* 'sideration, at the ensuing election, as a candi ’d*te for the office of SHERIFF and would respectfully solicit yoyr suffrages for the Same. THOMAS CHAIR HEAD, South Middleton township. April 2. IS4O, To t'lits Electors of Cumberland county fallow At the earnest solicitations ‘of a number of \ny friends, I am induced to of-- Vcr myself as a candidate for the office of SHERIFF ■of Cnmht rland’cnuniy, at the next gene*ml elec tion, and ivspeclfullv spirit vonr snffrurc*. JOHN SO-OKHECK. New Cumberland. April 2 . 1840. ie To tlie Electors of Cumberland , . • county, , - Fellow Citterns. 1 offer myself’as a cancil dale for the office of S3SPJS*? ■of said county at the ensuing gcneVaf election* and Will be tfiahlclurfbr yoliV support. JAMES HEED! • Newville, April 16, 1840. ,To the of Cumberland , county. . Fellow Citizens. —1 again offer myself to your consideration as u candidate for the office ■ rsaastipp •anil respectfully solicit your suffrages. Should I be elected, I promise to discharge the duttes.uf the office faithfully and linpartialty;,*. IMUEMAUTIN., Shippenshurg, April 16, 1840. To ibc Voters of Cumberland county VVIW offer rtiysrt-lfaS acuntlidufe for the office of SHERIFF of s;ml county.and bhall be thankful'for your iupiu-rt, JAMES KENNEDY. Ncwvillc, April 33, .1640. *• ic To the Voters of Ctnnbcrlaiu! Coiinty. Gentlemen —tdn hereby offer myself at the next general elecihm as axaiuhdaU'.for the office of SHERIFF uf s,ai 1 enmity, ami will be thankful fnryoursup pm- ABHAHAM LAMBERTON, North Nluldletnn township. M li'di 12, 1840. To the Electors of Ciirnberhuul county. Fellow Ct : zens~~ l offer myself as a candidate Fur lilt: office of SHEUXPE* , * of Cumberland county) and will* be thankful lor your support. • ■ —r^’ JOHN WYNKOOP, Jr. Weal Pcnnsborough township. March 19, 184(1. le To the Electors! of Ctimherland county. Fellow citizen's —l offer mysrlf to yottr con sideration as a candidate emet of . SHERIFF - n\ Ihe-ensUlng general election, and respectfully solicit your support, and if elected will endeav or to discharge the duties of* tlie office to the best of my judgment and abilities. Respectfully your fcflow.citizen,. . . . . c ’ GBOiIORF.CA.IN. Mechanicsburg, March 26, 1840. tc To the Electors of Cumberland • county. . Ftlloiv citizcn f i-~\ nftVr mysrif to ynlir .con sideration us a candidate fnr ithe .office, of SHERIFF * lit the ensuing will be thankful fol' -youihsiipporliT-SifouUl"jroiiTeleer'me";in>le(lgff >. myself.to discharge the duties of the office with .fidelity and impartiality. CiEOKGE MATHEWS. Carlisle, March 26, 1840, ’ - lie . BARGAINS, BARGAINS, BARGAINS; . GOO JOS, CHEAPER THAN EVER!! 1 ; t. ; THE subscriber I has just opened a very large V* 1 , and splendid'inssbrtment of \.,yr/ “. cm ‘ ••f AtL aOQBSi jomedr, ' consistirig in part •f netts; Plain and Figured Merinpes,Bombazines, ‘H Prince de Laines, Saxony ijoi*. Cambrics,MOS? • tins, Handkerchiefs. HosieJy. -j ' t ° gEthet . Groceries ST y His customeri Slidthe:public'’genei‘ajly > J'ire raspectfully solicited tocaiT & avail themselyes of cheap! bargains, as h to .tel. low, -,.y: . .. ■£; RICHARDS. ' • • KOTIOB. : book sccounts. notes, ,Bcc. of Hamilton -X «c ttrter, are at the sMre. where.'Roberi W, Clendenln .'yUl atteml. -who ia diily authorized to receive alldebts due to the firm, .Albtbbse iiodebted are requested;to.call nndsettJe lOff -as 'soon'as possible* ■ ; April 9, 1840. Siti BY G. SANDERSON & E. CORNMAN.J Whole No. 134^ Dft. WM. EVANS’ C&KOaCXLSL PILLS. Q./~A 'severe case of Piles cured at 100 Chat ham street,—Mr. Dan’l Spinningof Shrewsbury, Eden Town, New Jersey, was severely afflicted with Piles for more than 20 years, Hkd had re course to medicines of almost every description, also the advice of several enimineut Physicians, but never found the slightest relief from any source whatsoever, until he called on Dr. Evans, 6f 100 Chatham street, N.’Y., and procured some medicine from hi,in, from wlucU he found immediate relief/and subsequently a perfect cure. :— TiewareofCounterfeits,-. OCT'Caution.—Be particular ih purchasing to see that the labePof this medicine 'contains u no tice of its entry according to Act of Congress And be likewise particular in obtaining them at •100 Chatham st., New York, or from the regu lar agents, ItAAiLTox &, GRitiu, Carlisle, - DR. HUNT’S BOTANIC PILLS, INTERESTING & APPLICABLE TO THE AFFLICTED WITH Diseases of the .SloVuaCh, or NerVes; Such a Dyspepsia, either Chronic or. Casual, tin tier the worst symptoms of restlessness Low* ness of Spirits, and Generaf Emaciation; Con* sumption, whether of the Lungsor Liver; Liv er Jaundice, both liiliary 8c Spas modic; Costivehesst Worms of every variety; Rheumatism; whether Acute or Chronic? to gether with Gout, Scrofula, Pains in th£Head, Rack, Limbs, and Side, Typhus_Fever, Scar let Fever, Putrid Sore Throat, Fever 8t Ague, Spasmodic Palpitation of the Heat t-aml-Arte ries, ifervonslrntability, Nervous Weakness, Hysterics, Tic Douloureux, Cramps, Female Obstructions, Heartburn, Headache, Gough fi^'Common or Humid, and Ihe Dry or the - Whooping; Asthma, Gravel* and Dropsy. - The Blood has hitherto bceh 'considered by Empirics and others, as the great regulator of the hpruan system, and such is the devoted of the’adherents to that erroneous doctiine, that they content themselves with the simple posses sion of this fallacious opinion, without enquiring int» the primary sources from whence Life, Health, and Vigor emanate, and, vice versa pain; sickness, disease and death. fNotshndlh Oil. Hunt, whose extensive research andprac* licalexperience so eminently qualify him for the profession of which he has been one of the most useful members. He a moment’s .reflection will convince any reasoning mind of the correctness of his views—that the stomach, llv “er, and organs are the primary and gVeal regulators of health* and that the blood in very many instances is dependent ohthe&e»oi gans, and that-unless mraaaive Veaches-THE ROOT OF THE DISEASE* the au/ierfichd anodynes usually prescribed,, serve but as foils to enter the ravages of deepirooicd maladies.— Under these convictions, at live expense of ye- r> of close application, the doctor Iras discovered a medicine whose searching powers av.e irresisti ble, sinti in prescribing, it Is with a knowledge of its being,radical cure in the Various, diseases already enumerated, eVcfiTf applied in the most critical cases, but he does nut pretend to ascribe to HUNT’S BOTANIC PILLS a supernatural agency,-although from positive proofs within the knowledge of-lumdreds he U prepared to shew, that when every other earth \y reihedV hAs been given up, HUNT’S BOTANIC PILLS have nevt-V been known to fail in effecting two very gratifying results, that of raising from the bed of sickness and disease those who have test ed their efficacy, and thus amply rewarding Ur. Hunt for ids long and anxious study to attain tills linfection in the Healing Art. The extraordinary success which has attend ed the use of Hunt’s Botanic Pills, is ~ the best criterion of their superior virtues. They have been the means of raising a host of languishing patients from the bed of affliction, as it is clearly evinced in the following CERTIFICATES. Tever AND AGUE CURED. I*o Dr. Hunt : Dear Sir—Believing it a duty I ovye you as . a successful practitioner, as well as tlios® who fliiay be similarly afflicted, 1 take pleasure in achnow. ledging, tlm N benefit 1 have derived from the use of your valu ible ihedicine. HUNt’3 BOTANIC PILLS. After much suffering from Fever and Ague, du ring the spring and tall,- for the last four years, and the. pecuniary injuries attendant on the in disposition of one on whose exertions a large fa mily was dependent for support, and having without success tested (he skill of many medical advisers, at an expense 1 could not well afford. In the f ill of 1838, finding thepremonitory symp toms of. the disease approaching, I was induced' by a friend Uiho had tried your medicine, {o,pur chase a package of your. Botanic Pills, ahd tiow have the happiness to inform you—and through you, those who may be similarly afflicted—that they counteracted the disease, lior have 1 been troubled.with it since, ahd my confidence cbh .Unties to Uphold nie in the belief that your Bo tanic Pills are theTnost'safe, the cheapcst, most efficacious, and radical cure for that distressing’ disease Fever anti Ague., All I can lor the pre sent offer you for the blessing you have been in strumental in conferring on Mie.isidy assurance of. unceasing- gratitude and esteem.' . ’ P. M. MCCORMICK. Newark, N. 1., July 31, 1839. Dyspepsia, or Indigestion, Effectually ' Vuredi • ■ L, ■ Mr. Wm.-Tucker,-having lately hehn reslot* ed to (i sound state of liealth, through the cfficacy of Dr. Hunt's Botanic Pills, tbinks.it an.in dispensibleduty td'state jcertaiii facts relative to the disease'under wliich he had’ suiting suffered; The symptoms iyei-ea painful obstruction; with a constant rejection of food, head-ache, palpita tion of,the heart, lowness of : spirits, a trouble is3fni?d,ry.cdugli.ydJzzinessxtiKhlnes».arthg clrcsf gjuf difficulty of bfeathipg,almost constant pain in the, side,'loins, and shoulders, accompanied -UutbJnuch languor and debt lit ■ : 'riiese :a(Bic 'tlOns. logEthet.with,ftft unusual degree of ll.itu dencc,brought on.sidnTn Stateofextreme weak, ness, as tn prevent him from aitemlljig to h is N .siness, and.his healih-appeared lost ’ beyond re covery. His friends; and relatives became a isrmcd at thtnhelancljnly hrjd strorigly recommended Hunt’s Botanic Pills—theywere administered, and'in.a few days produced astonf ishing relief/und finally Realized a perfect resto ration to sound liealth. - -n , * . ~ " ' WII.UAM TUCKEK; I ’ ’Beware of Counterfeits. (r7^TiUitioru—Be N particular in to .aCethaVtlie labelofthia medicinecontainrfii lib tioe oEi ii.eittr.if according;to.act.tf -.Congress.— And be likewise particular;ip obtaining at JpO.(^tl^ip^t.;^BW^yotli,, l br'froDjd(ie.r;esp-j laragonts, , t - IV ' Hajiieton & Gweb, Carlisle. ; .¥ o S H- ■-. a in I n Carlisle, Pa. Thursday May 7, 1840. : t)ll. \VM. EVANS' SOOTHING SYRUP, FOR CHILDREN TEETHINQ. To Mothers and Ifurses, The passage of the teeth through the gums produces troublesome and dangerous symptoms. ♦lt is known by mothers that there is great irri tation in the mouth and gums during this pro* cess.~ the secretion of the saliva, is increased, the child is seised with frequent and sudden (its of crying, watching, starting in its sleep, ami spasms cf peculiar parts; the child shrieks witli eklreme violence, and thiusts its ’filTgersliWoUsl'nouiliT‘lf these' symp~ toms are not speedily alleviated* spasmodic con vulsions universally supervene, and soon cause the dissolution of the infant. If mothers who have their. little babes afflicted with these dis tressing symptoms would apply , the celebrated American Soothing Syiup, which has preserve d hundreds of infants when thought past recovery, from being suddenly mucked with that fatal maladyconvulsioiis. ’ ... . This infallible has preserved hundreds when thought past recovery, from convulsions. As anon as the Svrup is rubbed on the child will recover. This preparation is so inno* cent, so efficacious, and so pleasant, that no child will refuse to its gums be rubbed with It—- When infants are at the age of four months, though there is no appearance of teeth, one b< t tie of the syrup should-be used on the gums to. open the pores. Parents should never be cwith out the syrup in the nursery where theVe are young children, for if.si child wakes in the night with pain in the gums, the Syrup immediately gives ease, by opening the pores am) healing the gums; thereby preventing Convulsions, Fevers, &c. ' • _ . . . • Beware of Counterfeits. <nTCniitimi T3r ße particular in purchasing to see that the label of this medicine enntainsa no tice of its entry according to Act,of I 'ongress. — And he likewise particular in obtaining them at tOO Chatham st., New York, or front tlte.Vegu -laV agents, Hamilton & Grieh, Carlisle. DR. WM. EVANS’ Cainbmile Aperient Pills, Another very severe .case, of Inflammatory Rheumatism cured by Dr. divans' Medicine. — Mr. Jalyt A. Carroll, of tfie county.of Wes'ches tei-, Ybwn of North Caslir, New'York, had been severely afUicfed witlt inflammatory rheumatism for fourteen months with violent pains In his limbs, great lte.it, excessive thirst, dryness of skin-, limbs rnOcit swollen-, was not utile vvi.thnnt assistance to turn in-bed for six weeks. Had tried various remedies'’to no effect.--Was advis ed by n friend of Ids to procure some of Dr. W. Eyjms’ medicines of 100 Chatham street, N. Y., which he immediately sent forUajul afiei taking the first dose fou'nd.great felielpwid in continu- ing its use according to the directions for ten days, was perfectly cured. Allows me to refer any person to him for the truth of the above statement. . Beware of Counteifeils. lp7*Ca'utinn.—Be particular ill purchasing to .see that the label of this medicine contains a no- tice of its entry according to A r t of Congress. — And tie likewise particnl-ir In ohtainiog'llicm at 100 Chatham st., New York, or from tlic regu lar agents. Hamilton & Gnion, Carlisle Oct. 10, 18 JO. ENVIABLE DISTINCTION. SN the midst of a general and, in many instan ces not unfounded prejudice against ma ny of tne medical remedies of the day, Dr. W. E ■JV7VNS*"PILLS’huve the enviable dictinction of an universal approbation. They are perhaps the only medicine publicly advertised that has the full and unreserved testimony of medical men in its favor, if not the only one which gives full satisfaction to its purchaseis. Dr. VV, Evahs has the sati?fart ; on of knowing that his. CAMOMILE OK TONIC I*ILLS .are not only regularly recommended ami pre scribed by the most experienced physicians in their daily practice,, hnt also taken by those gentlemen themselves whenever they feel the symptoms of those diseases in which they wd! know them to bb efficacious. He knowsihisto be generally the case in New , York, Philadeh pliia, Albanv, Boston r and other-large cities in which they have-an extensive sale. That they should thus conquer professional prejudice* nnd interested opposition, andsecurc the agency of ,the most eminent and best informed physicians in the country to render them Oseful to all class es, can only be fairly ascribed to their undenia ble and pre-eminent virtues. I J lore conclusive firoofs of the efficacy of Dv. Writ. . Evans’ Camomile and ji/ierient Elite. CEll riFICATE.—The following certificate was handed to us by Mr. Van Schaick, of Alba ny, a highly respectable member of the com munity, and whose veracity cannot be.douhted: Mr. Scptemtus Kendall of the.town of West erloo, county of Albany, was Tor 2 7 years trou bled with a nervous and billh usaftection, which Tor 7 years rendered him unable to attend to his business, and during the last 3 years of his ill. ness was confined to the. house, - his 'symptoms were dizziness, pains in tho head and side, pal pitation of the heart, want of appetite, fcfc.— After expending during hiS Confinement nearly .three hundred^,dollars without obtaining any pennJinentrelu’f,'heJjyaccideo.tnnticed.an r vertisement of Dr. Wm. Evam/ Camomile aiul Aperient l*ill§raiid wa« consequently mcluccd to make.a trial of them. After Using them,About a^Jhrtnig]U,J.le dhls able to walk out* in four moiiths“he‘couUVattend to business, and consld ei;ed his disease entirely removed. The above information wsrs given to the subscriber by Mr. Kendall himself* there can,-therefore; he no de ception. >, VAN SCHAICK. invaluable medicine together will DII.pVANS’SqOTIIINGEYRUP (lor teeth Inc) ar.e.sold wholesaleat 100 Chatham it. N; York ■ ’ ' ; ■. l; Beware df Counterfeits. " (CyCaution.—Be particular urplii'chaisiiig lb see that the label'of this medicine contains a no tice of its entry according to Act of Congress. — Ami be likewise particular in obtaining tliem.at •100 Chatham st-, Nato York, «br from the regu lar, agents, . . ~; . • & GiiicH,; Carlisle. . Of whom inay.be biul/-' ‘ : ’ ' ' - pr..tVm. Evans' CumomiteCf Aperient Pills. Do. Soot/itag Syrn/i ." Or.; Hunts‘Botanic Pitts ; ■ :j: ~ ■ Dr.Ooode's female P.i11tr,,.:- ! Do. Eever and. Ague Pills. '. | .’ ,'l' DV. Evans’ only Offices, SSath Seventh'street i ‘ Philadelphia; 5 'V'" ''' ,y : ‘,r ' ; " ■ ' [ Hai'nilthn 6cGrier.,Carlisle,'' 1 f 3. R. Kirby, ami VV. V.lJavis, Chambetsbnrp, Wm. . Belly //.irrisbnrg',.... ' / . i, v W. 0. LalTertv Be Co. .Brownsville, . . ; ■ B. B.itipnn;a'Jnhn'T;AVerpi\ Lippiiicutt 8f Brothers,'Mt.:PrcftsahfJ B, Cuatphell&Cn.Wnyhesbbrgti’, Irwin S Atther, Pittsburgh; ‘ 4 f . Bwritsidet^Moriia.Lnckhaven,:; R. W. CumiinKlmm. rNewpastle,,,.a- I. P; Olwsteag, Bethany, 'i January IS, 1810 1 1 II I “Otlft COUNTRY-—RIOfIT OR WRONO.’** , ' ;t' [From the Knickerbocker for jipril.} A Time of" Unexampled Pros perity. BY WASHINGTON JBVINO, ADTHOII OF THE ' SKETCH-BOOK. ' In the course of a voyage from England, I once fell in with a convoy of .merchant Ships bound for the West Indies. The wea ther was uncommonly bland? and the ships vied with each other in spreading sail to catch n light, favoring breeze, until their IniHs were.uliriost hidden beneath-a cloud of canvass. The breeze went down frith the sun, and his last yellow rays shone upon a thousand sails idly flappingagainst the musts. I exulted in the beauty of the scene, and augured a prosperous voyage; but the vetern master of the ship shoolc his head, and pro nounced this halcyon calm a "weather breed er.” And so it proved. A storm burst forth In the night;'the sea'roared and raged; and when the day broke, I beheld the late gallant convoy'acattered in every direction; some dismasted, others scudding Under bare poles, and many firing signals of distress. 1 have since been occasionally-reminded of-this scene by those palm, sunny seasons in the commercial world, which aye known, by the name of "times of unexampled pros perity.” , They are the sure weather breed ers of traffic.’ Every now and then the world is visited by one of these, delusive! seasons, when the ‘‘credit system,” as it is ' called, expands to full luxuriance; every! body trusts every body; a bad debt is a tiling ' unheared of; the broad way to ctrtain and sudden wealth lies plain and opep; and men are tempted to dash forward boldly, from the facility of borrowing-, t A ~~ Promissory notes, interchanged between scheming Individuals-, are liberally discount ed at, the banks, which become so many mints to coin words into cash; and as the supply- of words is inexhaustible, it may Veatiily be supposed what a vast aniuunt of protuiss'ory Capital is soon in Every one now talks in thousands} nothing is heard but gigantic operations iri'tfade; great purchases and. sales of real ’property, and .immense sums made at every transfer. All, to be sure, as yet exists in promise; but the believer in promises, calculates the ag gregate as a solid capital, and falls back.in amazement at the amount of public wealthy the “unexampled state of public prosperi ty!” Now is the time for speculative & dream ing or designing men. They their dreams and projects- to the ignorant and credulous, dazzle them with golden visions,, and set'them* madding .after shadows..: The example of one stimulates another; specula tion rises on. speculation; bubble rises on bubble;, every one helps with his breath to swell the windy superstructure, and admires I and wonders at the magnitude of the infla tion he has contributed to produce. Speculation is the romance of trade, and casts contempt upon all its sober realities. It renders the stock jobber a magician, and the exchange a regiort of enchantment. It elevates the merchant into a kind of knight errant; or rather a commercial Quixotic. — The slow but,sure gains of snug per tentage become despicable in' his eyes; no “opera tion’? is thought worthy of attention, that does hot double or treble the investment.—r No business is worth following that does not promise an' immediate fortune; —As' he sits musing over his ledger, with his pen behind his ear, lie is like La Madia’s hero in his! study dreaming over Ids:books of chivalry. His duaty countiiig-house fades before-his eyes, or changes into a Spainish miner lie) gropes after diamonds, or dives after pearls. The subterranean garden of Aladdin is noth ing to the realms of wealth that break upon his imagination. , Could this delusion always last, the life of a merchant would indeed- be a golden j dream; but it is as short as it-is brilliant.— I Let but a doubt enter, .and the “season of unexampled prosperity” is at an end. The coinage of words,is suddenly curtailed; the promissory capital begins to vanish into smoke; a panic succeeds,,and the whole su perstructure, built upon credit, and reared by speculation, crumbles "ft*/’thfe ground; leaving scarce a wreck behind: • '■ • “It is such stalTas dreams are made of.”/ m ' When a man Of business, therefore, hears on every side rumors of fortunes suddenly acquired; Whenhe finds banks liberal, and brokers busy; when lie sees adveritu rers flush of paper capital, and full of scheme, and.en-. feyprjse; when he greater dispo sition to' buy than to sell; When trade over flows its accustomed channels; and deluges ■tlie-coUntry;-Wlien-he-hears of-new regions of commercial adventure; of distant marts and distant mines, swallowing merchandise and disgorging gold; when he finds-joint stock-companies of all'kinds forming; rail-, roads, canals-, and locomotive engines spring*- ing Up on every side; when idlers suddenly -become men of business, and dash into the. game of commerce as they would into the hazards Of the faro table; when he beholds the streets glittering witli new equipages, palaces conjured up by the magib of specu lation;; tradesmen flushed, with sudden suc cess; ami vying with eachnther in“ostenta fious expense} iii h word, when he hears the whole 'community- joining, in the theinfe of “uneianipled prosperity,” let him look upon the whole as a ‘‘weathcVbreeder,” and pre -pare for the impending, storm:*;/ : .. j • The'foregoingremarkß are intended mere- 1 j ly as a prclude to a narrative I am about to lay before the public, of; one, of the most memorable instances of the infatuation -of j gain;; to be found in tne whole, history of commerce.' Talliide tb the famous- Missis sippi bubblc.lt is a matter that has passed into a.proverb, and become a plirase -in every one’s mouth, yet of which: riot one merchant in ten has distinct idea..- I have therefore thought .that an aathentic/accotint of it would be- inter.eatirig : Bnd salutary,-, at the present moment, when we ore suffering under the effects of a severe access of the ABH H a ' Vt [AT TWO, DOLLARS.PER: ANNUM, credit system-, and just recovering:from one of its ruinous delusions. , ■ The'Cheat Mississippi'Bubble.— Before entering into the story of this famous chime ra, it is proper to give a few particulars con cerning the individual who engendered it. John Law was horn in Edinburg, in 1671. His father, William LaVv, Was a rich gold smith,and left his son an estate of consider able valued called Lauristoh, situated about four miles from Edinburg. Goldsmiths in those days, -acted .occasionally as ba’nkers, and his father’s operations under this char acter,mayhave originally turned the thoughts of the youth'tntlieacieirce ofcalculat.ioli7.ill which lie became an adept; so that at an early age he excelled in playing at all games of combination. In 1694 he appeared in London, where a handsome person and an easy and insinuat ing address, gained him currency in the first circles, and the nick-name of “Beau Law.” The same personal him suc cess in the world of gall: ntry|Srntil-heJ)e came involved in a quarn I with Beau Wig son, hfs rival-in fashion, whom he killed in 1 a duel, and then fled to France to avoid prosecution.- I • —• lie returned to Edinburg in 1700,,and re mained there several years; during which time he first broached his great' credit sys tem, offering to supply the deficiency of coin by the establishment of a bank, which ac cording-to his views,“might emit a paper cur rency,.equivalent to the whole landed estate of the kingdom. .. . ' His scheme excited great astonishment in EdlnbUrgi but, though the government was not sufficiently advanced in financial know ledge to detect the fallacies upon which it was founded, Scottish caution''.and'suspicion served, in place of wisdom, and the project was rejected. Law met with no better suc cess with the English parliament: and the fatal affair of the death,of Wilson still hang ing over him, for which he had never been able’to procure a pardon, be again went to France,- - .. The financial affairs of Franco were at’this time in a deplorable condition, - The wars, the pomp, J;he profusion of Louis XIV;, and his religious persecutions of whole classes of the mpsrindusffidus of liis subjects', had ex hausted his treasury, and overwhelmed the ,pation with debt.. The old monarch clung to hia selfish magnificence, and could not be induced to diminish his enormous expendi tures; and his minister of finance was 'driven fo his wits’ ends to devise nil kinds of dis-' astrous expedients to keep up the royal state, and to extricate the nation from its 'embar- 1 rassments. > In this state of things, Law ventured to bring forward his financial project. It wife founded on the: plan of the,Bank of England, which had already been in successful opera tion several years. Hemet with immediate patronage, and a congenial spirit, in the Duke of Orleans, who had married a natu ral daughter of the king. The duke had been astonished at the facility with which England had supported the burthen of a pub lic debt, created by the wars of Anne and William, and which exceeded in amount that under which Fiance was grdaiiihg.— The whole matter was soon eSplaijicd by Law to his satisfaction. The latter main tained that England had.stopped at the mere threshold of an art capable of creating un limited sources of national wealth. The duke was dazzled with his splendid views and specious' reasonings,~aTld~thought he' clearly comprehended’.his system. Denia rcts, the Comptroller General of Finance, was not so easily deceived.. He pronounced the plan of Law -more-pernicious than any of the disastrous experiments that, the govern ments had yet been driven to. The old king also, Louis XtV., detested all innovations, especially thoseiwhich came from a rival na tion; the project of the bank, therefore, was utterly rejected. - ; Law remained for a while in Paris, lead- ITng a gay and affluent I 'existence, owing to his handsome person, easy manners, flexible temper, and a furd-bank which he had set up. His agreeable career was interrupted by a message from D’Argenson, Lieutenant General of Police* ordering him to quit Par is, (alleging that ho was "rather too skilful at iJte game which he had introduced!” V For several succeeding. years he shifted bis residence frdih'State to State ofitaly and Germany;’offering his scheme of finapcC to every court that He, visited; without success. The Duke of Savoy, Victor Amadeas, after wards King of .Snrdinia; was much' struck with his project! but after considering it for a time, replied: "lam not sufficiently power ful to ruin myself.” _J!he.aluftin’g, auyehtucousjife ofL.aWj and the equivocal means by which he appeared to live, playing high anil always with great success, threw a cloud of suspicion oyer him wherever he went, and caused him to be ex pelled- by life magistracy from the semi cpmmercial*. aenii-aristocratical cities of Venice and Genoa; The events ,of IMS brought Law'back hicSih to Paris; LodisjtiV; was dead. Louis XV. was a mere child, and during his minori ty 1 , the Duke of Orleans held the reins of government as Regent. Law had at length found his man. ; • The Duke of 'Orleans. hasbebii dijterenfly represented by. different cotemppraries. • He appears to have had excellent natural-quali ties, perverted by-abad education. He was of the middle Size, easy and. graceful, with on agreeable countenance, and open, demeanor. . His mind was quick and saga cious, rather than profound; add hia quick ness of intellect and’ excellence of memory supplied the lack of studious application.— His wit was - prompt and pungent; ho ox pressed-himSclf witn'viv'acity and: precision; bis imagination was vivid-, his-temperament was sanguine and joyous; his courage daring. His,mother, the=Suchess of Orleans, express ed his character in a jeu d’esprit, “The fairies,” said she, -"were.invited to,hb present at bis birth, and each brie donferring on my son,,h'e possesses’ thejmall. Kew Serlesi-Vol. A, Ko. 47. - .AGENTS,.' Jqhn. Moore,.Esq. Newvill e Joseph M, Means, Esq/Hopewell township. John Wunderlich, Esq. Shippti.aboi William M. Maceer, Esq. Lee’s x lioaUs, John Mehaffy, Dickinson township. John Clehdenin, Jr. Ebq., Hnj;esttj»ri. Leoece F, Cain, Esq. Meclumicsluig. Frederick Wunderlich, do..' James Elliott, Esq, Springfield, ’.-Daniel-Krysher/ Esq,,CluirchCi,wn.‘ Jacob LoNCNkcKEH, Esq. Woimleishor^. ; Ohoroe Ernest, Cedar 6prmk. Alien ip. -Martin C».Hupp, Esq. Siiireiimiisto'.vir. natcly, we had forgotten to invite an old fairy, who,.arriving after all the others, ex claimed; , “He shall have all the talents ex cepting that to make u good use of them.”, # Under proper tuition, the Duke might have risen to real greatness; but in his early, years he was put under the tutelage of the Abbe Dubois, ope of the subtlest and basest spirit:: that ever intrigued its:way into eminent place and power. The Abbe was of low origin and. despicable exterior, totally des titute ot morals, and perfidious‘in the ex treme; but.with n supple, insinuating address, and an accomodating spirit, tolerant of all kinds ofprofligacyJn.others.. Conscious cf his own inherent baseness, he sought to so~ cure an influence over his pupil by corrupt ing his principles and fostering his vices; iiu debased him to keep himself from''being despised. Unfortunately lie succeeded.— To the early precepts cf tips infamous pan der have been attributed (hose excesses that disgraced (lib’manhood of the Urgent, and gave a licentious character to his whole course of government. His love of pleasure, .quickened and indulged by those who should have restrained it, led him into all kinds of sensunl indulgencc.r He had becn tailght to think lightly of the most serious duties and sacred ties; to turn virtue into n jest, and consider religion mere hypocrisy. He was a gay misanthrope, that hail a sovereign but sportive contempt for mankind; believed that his most devoted servant would be his enemy if interest prompted, and maintained that an honest man was he who had the art to con ceal that he was the contrary,. lie siirrounded himself with a set of disso lute, men like himself,, who, let loose from .the restraint under which they had been held, during the latter hypocritical days of Louis XIV;,-now gave way to every kind'of de bauchery. -With these men the Regent used to shut himselfup, after the hours of business, and, excluding all graver persops and graver concerns, celebrate the most drunken and disgusting orgies, fwbere obscenity and bias-,, phemy formed the seasoning of conversation; For tlfe profligate companions of these.revelsi lie invented theappellatiou of his roues; ■•the literal meaning ot which is. men’ broken on the wheel; intended, no doubt, to express their broken down characters and dislocated fortunes; although a cotcmporary asserts that - it designated the punishment that must of them merited. Alhdame de Labran, who' was present at one of the Regent’s suppers was disgusted by the-condufit ami conversa tion of tbe host and Jiis attests, and observed at table, that God, after he had created man, took the refuse clay that was left, and made of it the souls of lacqueys and princes. ' Such was (he man that now ruled the des - tinies of France. Law found him full of perplexities, from the disastrous state of the finances. Ho had already tampered with tbe coinage, calling in the coin of the nation, re-stamping it, and issuing it at a nominal increase ot one fifth; thus defrauding the nation out of twenty per cent, of its capital-. He was not likely, therefore, to be' scrupu lous about any means likely to relieve him from financial difficulties'; he had even bc-en led to listen to the cruel alternative of a national bankruptcy. ' - - Under these circumstances. Law confi dentially brought forward Ida scheme of a bank, that was to pay off the national debt. increase the revenue, and’at the-same time dimini'sh the taxes. The fallowing is staled as the theory hy which he recommended his system to the .Regent, The credit enjoyed by“a banker or a merchant,.he observed! in-~ creases his capital (enfold; that is to say, hu who has a capital of one hundred thousand livres. may, if he, possess sufficient extend his operations to a million, and reap profits to that amount. In like manner, a state that can .collect into a bank all tho current coin .of the kingdom, would be as powerful as if its capita! were-incressed ten fold.. The. specie must he drawn into the "bank, not by way of loan, or by taxations, but in the. way of deposit. This might bo effected in different■modesT'either by inspi ring confidence or by exerting One inode, he>6bserved, had already'becn in use. Each time that a state makes a re coinage, it becomes momentarily the deposi tory of all the money called-in, belonging .to the subjects of that state. His bank was to effect the same purpose; that is to say, to re ceive in deposit all the coin of the kingdom; but to give in exchange its bills, \vhich- r being of an invariable value, bearing ah interest; and being payable on demand, would • not only supply the place of coin, but prove a better and more profitable currency. _The’ Regent caught with avidity at the scheme. It suited his bold reckless spirit, anti his grasping extravagance. Tvut that he was altogether the dupe of Law's specious projects; still he was apt, like many other men unskilled in the arcana of-finance .to mistake the multiplication of money; for the multiplication of wealth;.'not understanding that ifwas a mere agent or instrument in the interchange .of traffic, to represent the value of the various productions of industry; and that an increased circulation of coin'orbanfc bills, in the" shape of currency, (inly adds a r propoitionably increased-and fictitious value to inch productions; I.aw enlisted the van.-, ity of the Regent 'in :his cause. He persua ded him that he saw more clearly than others into sublime theories of finance, which were quite; above theaihllnary apprehension He .; used tq.declare,.tbnt excepting the Regent • attd-the Duke of Savoy, noon a hid thorough ly comprehended Ids'system cci, It is certain that it met with strong hppb- 1 sit ion from, the ißegeniVniinisterf, the.T)uko de J?oailles and .the Chancellor d* Apgues seaufaiid it was no less strenuously opposed by the Parliament of Paris. Law, hbwfevei* had a - potent though-secret coadjutor 1n ; Abbe Dubois. now rising during the Rrgetw cy info great political power, and who re-, ; tained a baleful infiuer.ee over the mind of the Regent. This wily priest, as avaricious’ as he was,ambitious, drew large sums,from Law as subsidies, and nided-him greatly in jnany orhis'moat pernicious operation?;-^ *■
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