by JOHN B. BRATTON.
VOL. ‘34.
TflE AMERICAN VOLUNTEER,
ijiillj' utlliurcJ to'l
TERMS OF BOasCRIPTIOW.
JuShViis" itadvance, * . •• • *
V for a less form thnn tlx months and
I '° B ‘ ,i. i miiconenniUeil anttl nil arrearagesnrupald.
udisconii' or cßnt.ailclUlonalon the price of subscription
T T rS ircd ofttll those who do not pay in advance. -
HATES or ADVBRTIfIIKO.
nut square, ono insertion, .. • . ■ • *5“
SS&M'TSSn. ig
I,fyear, of for three or six months.
tiii» office of the American Volunteer is in . the sec
‘ j C n< Q r ahnin'B new stone building,lll fcoutli
fuw doors from llurkholder's hotel, and .11
rost-oince. .Where those having business
IJiU'l'lcnfC tall. ■ ■
the volunteer.
Editor and Proprietor.
DECB'R. 30. 18*T.
' ~~ \ MBTAUItIC CURRENCY. f
Tlio Hon. Robert J. Walker, Secretory of the |
Treasury, in bis annual report, recently published. I
eivos a glowing rieacription of the finances of the (
country. In no one particular is lliot report more (
gratifying than in its cxihit of tiro largo increase o( ,
llie circulation ofthe precious metals among-lho peo- '
lile, tlirongli the benign iullueneo of the Constitution,
cl Treasury, and a.Revcnuo Tariff.
\Ve invite particular attention to tho extract of
the report of tho able head of the Treasury Depart;
mcntflu bo found below. Tho revenues of the nation
arc now collected and disbursed in gold and. silver,
and without producing the least embarrassment to
the commercial community, which was so common
so occurrence when tlld public money was deposited
in Hie banks and made the basis of an increased cir
culating paper currency. The amount received in
spccio.from the Ist January 18*7, to the Ist Decem
ber 1847, being a period of eleven months, is 848,-
C67,881i 18—arid the amount of disbursements In
specie during the same period is 818,226,510 31—
showing on aggregate of receipts and disbursements
in specie during that period of $90,894,402 49.,
These arc groat results under the new system. '■
Tho amount of foreign coin or bullion coined this
year at our mints, estimating December the same os
November, would be 823,844.001 92, showing that
the amount received this year under the happy work
ings of the Constitutional Treasury, is about one
liilfi of tho aggregate coined in the fifty-five years
from the first coinage in 1793 to tho close of the
present year—the whole amount of the coinage under
the old system of receiving and disbursing tho mon
ks for tliatlong period of liino having been but 8143,.
538,370 04. _ "_ ; ' .
Vie may thus reasonably expect a much larger In
fusion of tho precious nictsls jp pur cixculatiiigjne.
dinin than hiihertoTini) that the time inherit'being
realized, predicted by Senator Benton,: whoa gold
would bo occn glittering through the: interstices of
almost every man’s purse. But to this Important
txtracL.
The conslllolionol Treasury wont into effect on m
lit of January last, arid under thu net during the
last eleven months, ns appears hy n table from the re
cords of the Treasury, heicunlo annexed, there was
received in specie for loans, co.totns landa ami ra.s.
ccliuneous collecllons, the sum ° r *48,007,880 18 in
rpceic, and the sum of 515.22C.516 31. during the
tamo eleven months, disbursed in specie. In New
fork, (see table Y) during tbo monlliof August ast
3.310,700 18 in specie was received by the Collce.
lor of Hint poll, and in the lust eleven months, in
ipccic, *18,015,123 27. During the same month of
tucosl, was deposited (see table G G.) tho sum of
K 795 720 92 with the Assistant Treasurer of that
■iiy. and transferred from or disbursed at that oOico.
Hie receipts and disbursements of the Government
m specie, during the last eleven months have amoun
ted together to the sum 07*00.894,102 49. and not a
dollar has been lost to the Treasury, nor any injury
indicted upon any branch orcomnleico or business.
The constitutional Treasury has been tried during
a period of war when it was necessary to negotiate
my large loans, when our expenditures were being
increased, and when transfers unprecedented in
siaounl were required at distant points for disburse
ment, During the last eleven months the Govern
mrnt Ims received, transferred and more
Specie limn during the whole aggregate period or
fifty years preceding since of the
Consiilulioii. To render the system still* more safe,
useful and cconoifutTul, to define more., clearly the,
pmvc'rs'bf the Department, and especially to render
more secure “the public money in the hands ol dis
persing agents,” the amendments suggested in my
hsl annual report, (including the establishment of a
Branch Mint at New York,) and which received the
nncliun of the House of Representatives during the
last'session, irro again recommended to the favorable
considcrolion of Congress.
During the year, ending Juno 30,1847, our imports
ofspocio were 824,121,380, (sue table most ol
which under former systems, must imvo gone into
Hio banks, to have been made tbo basis of issues of
their paper to tbo additional amount of fitly or sixty
jnilliona of dollars. Such an expansion, during the
Ual spring and summer, accompanied by still higher
knees, and followed by a greater foil, and by bank-
Ju ptcicp in England to an toxtont heretofore unknown,
fading our banks and credit greatly expanded, and
reading upon this expansion would hove produced a
revulsion hero, exceeding any that has heretofore oc*
curred In tho country. , ~ ...
A general requisition oflho Banks would probably
na»o resulted, depressing tbo wages of lubor and
prices ofproperty and products, olTooling injuriously
the operations and credit oven of the most solvent,
*hd producing extensive bankrupted®. Frorri Inis
revulsion we have saved by tlio Constitutional Frees-
Uf y» by which the speed imported, instead of being
converted into Bunk Issues, Ims been made to olrcu*
!* !o directly to a groat extent os a currency among
the people, having boon rocolnod boro during the lust
eleven months by the now orders of ibis Department
Ul “lcr llio Act ofDlh of Fob., 1793, and the toaiejia
s®;°l»oralion of tho able and efficient bead of the
Jlint to,tbo unprecedented extent ol
l2; and there erenow thousands of our
c'tizncs now solvent and prosperous, who have boon
■ av °d | ron , ruin by the wholesome operations of tno
Treasury. Tho Banks that-so tin
wisely opposed the system have boon rescued proUa
-7 from another suspension, llielr stockholders, <
Mors and other note holders from severet lossoas,
° n d the country ilnd the Government from the ruin,
o™ affect, of. doiiroclolod paper ourronoy- IF Uio
""'“l* ortho GoVhrninonl with tho Bonk, hod pectin
pH and their mispen.loti and tho doprcchtlons of
"«lr paper oecurrod durlng tho wor rcqnlrmg largo
P"olo iH.hur.omcnto, which ouoponded Dank, could
? ot furnUl,, consequences tho moot diso.limn to tho
huoor nnd tho inlorcelo of tho country mini have on
ocd. Tho Govornmont is now disconnected from
".ok., end yol its etook nnd notoo nrp nt per, m-
Ji'oogh wo hovo boon oonolrnlnod lo contract hoovy
“oii, e n d to hoop 1m 1 nor nrihlos in (ho field limn ot
“oy forme, n erl„d. But during tlio inof wor. whon
>oo Government wno connected with’'Hon, ho, !"1 f* 1 !
' ‘look nnd Troooury Nolo, wore doprooiolod
'vonty.rive per cent., poyahlo in Bonk pnppr twenty
I * com, boJow par, thus amounting, to * loaflOffor-
ty.five cents in every dollar upon? the'operations of
Iho Government. In my first annual report.to Con
gress, on the Sd December, 1845, in recommending
the adoptionof the Constitutional' 'frbddUry, the fol
lowing obsorvulions were made, “Nor will it be use*,
ful io establish a Constitutional Treasury, if. it is to
receive or disbursethe,paper ofßanksi'* I*
.“tfpapbr, In Whatever fotmj -tir from wnalcvcr
source it may issue, should bo introduced as a circu- * <
lution by the Constitutional Treasury, it would pre- 1 '
ciscly to that extent diminish its Uso'as a means of 1
circulating gold and j
- biiring and before the commencement 8f mb lafil j
session ofCongrcbsf It was thought by many that this
measure would not operate successfully during war,
and that largo loans could not bo negotiated if tho
payments were required in specie. The department,
however, adhered to the recommendation of its first
report) believing that tho government wbuld he ren
dered stronger by the divorce, and that if the Treas
ury should retort to banks to negotiate its loans or
supply its revenue, that both, if the war continued,
would be involved ns they were in the .war of 1813,
in ond common ruin; During the months of Juno,
July and August last, (per table N,) the ,sum df
86,000,000 was transferred from the Assistant.Treasi
urer of Now York, for iho nedesdary disbursement
at New Orleans, and in Mexico.. '
Heretofore the public money being deposited with
tho banks and loaned olit Id their customers, when
such enormous transfers wore made, a contraction of i
the hanks with ruinous losSca, must have ensued, but!
the money of the goyernment is Hdw transferred
from New York to New Orleans, and scarcely affects
the busincss'or the money market,because the Irons*
actions, of the government arc disconnected from
those ofthe banks. When the government formerly
received ami disbursed only the paper of banks)
'whenever ft revulsion and numerous bankruptcies oc
curred m, England, they, universally reacted upon
our perilous paper system so ns to create a pressure
in our money market, n large nnd sudden contrac
tion of the paper currency,a calling in of heavy loans |
|by the hanks, and ns a consequence many failures
and most frequent suspensions of specie payments.— l
I Now, for the first lime in onr history, although fail*
! irres in England of the most unprecedented magni
tude have occurred, including banks and bankers,
yet our banks and credit oro sound and stable, and
the business of tho country is still prosperous and
progressive. . , •
Nothing is more injurious to all classes, hut cspcc ;
lully to our manufacturers, limn the expansions, con
tractions and fluctuations of tho bank paper system,
vibrating will* every considerable change of tho pub
j lie moneys held by them as depositories. This, per
-1 ilous and seductive bank system opens temporarily
ohd beyond the wants of tho country, a market hero
for foreign imports, not in exchange for exports but
for credit, the redemption of which drains the country
of its specie, contracts the paper currency, forces at
a saclfiuc the sale of domestic fabrics, and’depresses I
the industry of tho whole country. I
Domestic manufacturers require for their perma
nent and successful operation , the basis of specie,
checking .vibrolions and inflations of the paper sys*|
tom, confining our iinpqrls-lo tho wants of the coun
try, and preventing the temporary purchasoof foreign
goods for credit and not for exports, which always I
results in disturbances of the money market, and an j
injury to the country. If our manufacturers desire
great advantages IVom the homo market it must bcj
abundantly and permanently supplied with a large
specie circulation, which alone can sustain the mar
ket fur a number ofyoars, and prevent those.calami
ties which must follow an inflated paper currency,—.
A.homo-markciror .oor.'.inannficlurcsrwhcmbdsod
uponspecie and low duties, is solid, permanent and
augmenting, but when founded upon paper credits,
it is inflated one year only to bo depressed the next
or some succeeding year, thus depriving the manu
facturer of any well assured and permanent domestic
market. The bank deposit year, 183(5, when we
weVe Imporling-ghiin, contrasted with 1847, the year
ofdlvorco of the Government from banks, exhibits
the delusive inflation of tho one with Us succeeding
disasters, and the solid prosperity (i&lUo-vrfher, resis* 1
ling, thus lar, to n great extent, the revulsion in Eng
land, and proving the good effects oflho union oflow
duties and the specie-receiving and specie-circula
ting constitutional Treasury* . ‘ >
1 renew my former recommendation for tho es
tablishment of a branch of the mint of tho United
Slates at the City of Now York.. During the last
eleven months, commencing cm llm first of January
last) the amount of coin' actually paid into the Apsis
taut Treasurer of that city was, (us. per table .II II.)
$39,904,744,19, nearly all of ,which was in foreign
ooin, a large portion of-whlch, os far as practicable,
were transferred nnd rc*coincd Into our own coin at
the mint in Philadelphia. Tho whole of that foreign
coin, however, ought to have been at once rc-emned
at that city where It was received, and, in addition,
the large amount of coin nnd bullion which is eon-
I slantty arriving there nnd does not find its way into
the office of the Assistant Treasurer, but a foreign
coin Is deposited with the banks, nnd never becomes
a circulation to any groat extent among the commu
nity,all which would also ho at once converted Into
Anicncon coin, without loss or dcloyi if a branch of
(ho mint werb lo'calcd at the groat emporium of the
commerce oflho Union.' ,
Under tho salutary provisions of the Constitutional
Treasury law, the experience ofthiH-yeur has proved
lh.it n sum not exceeding $3,000,000, is all that need
bo retained in llm.Troasufy ns a surplus to meet the
wants of the Government, or to supply Ihb mint ond!
branch mints an abundant amount lor coinage, thus
saving in this way, the interest, or $1,000,000, to our
country. The Treasurer nt the mini In Philadelphia
ond oflho branch mint at Now Orleans, are also As
sistant Treasurers to and-from whom transfers of
epccio(nourly aHofwhich I. received in foreign coin)
enh bo mode under Hie provision* of tlio Constitution,
a) fTroosuryf
Undof the sot of Dili February, 1793, providing for
(bo re.coinage of foreign coin at tho mint, Inalrno
dons were issued by mo to carry that act fully Into
these orders, transfers arc made of tho for
eign coin to tho inint ond brunch mint for ro-comago,
hud the amount coined since the .Ist lasi up
to Ilia Ixl December, was $20,138,0.18(13, of which
tho aura 83,085,053,80 won coined n tho mend, of
November, 1847, and ifllila should bo continued for
U,o present monlli, it would make the coinngo_ o rtl,o
first year of the Constitutional T reasury 923,814,.
o °Tabio R oxhihilslho yearly coinage from 1793 In
Ist December. 1847, amounting in the whole to
9143 238,3 70,54, showing Hint the amount coined
tills veaf would bo about one sixth of (bo aggregate
coined in the nOv-Ovo years (ram thei first coinage
in 1793 to (ho clone of the prepopt year. p
Table S gives the coinage oaoli month tins year
from the Ist January to the 30lh November. .
r Most of this coinage lias been by converting for-
Most oi ini > .|| t c rcu | r ,to among out
Mexieo-in exchange (br our Imiiorln I her e.a» lor,
dad, will, it is beliovod, greatly augment the comogo
of silver during, Ilia ensuing year, ...
Under tho export duly upon apeoio now
Mexico, it is believed Unit, when Ilia now Treasury
nolo, now ashed for shall ba issued, they msy bo sold
„ a eon Idcrablc extent on account of the Govern
muni for hnccic at a prcmlmn in Mexico! and as the
Govornmont'fundo will not bo subject to the export
del. Urn specie may be brought into the country by
fbl/blo? mentln exchangefor those nolos„ond ra
■StoSrtuS»lnll« New Orleans into American
| lm »OT n H44 00T93 at wliioh rale wo would oOpn sup.
“ "A wwf o-r own oeln, and in time
"OUR COUNTRY—MAY IT ALWAYS DR RIOIIT —RUT RIGHT OR WRONG;,OUR CCUNtRJ ’
CARLISLE, PA;,'THURSDAY, DECEMBffi 30, 1817.
also, with our augmenting commerce, Americanize
to a groat extent the coin of the world, and thus in*
traduce our simple and beautiful decimal currency
gradually throughout alt nations, substituting it for
the complex system of pounds, shilling and penbej or
1 of doubloons, ducats and rupees; which retard busir
ness and complicate accoudtsi (
Heretofore tile world hasliupplied its with fqreign
coin, which will not circulate among ouf people, be-,
cause of its extreme complexity; but now our own,
coin is flowing into l|ie channels of our own circula-i
tion, imd must soon begin to diffuse itself into other;
their benefit as well as our. own. The
.three ihlngswhich moat concern the progress of the
wealth of the world, are freo trade and uniformity in
j coinage, and in weights ahd riieuiurcsi 'Coins as well
i as weights and measures for the benefit of all nations,
| ought to be uniform throughout thc'tvorld, and if our
: ilCbimal system of coinage should bo more, simple and
I perfect than that of any other nation, it ought to be
ahd ultimately will bo and lead to the intro
duction of the decimal system t>f weights and mca.
surcs, as for as practicable; so that ultimately the
coin and the weights and measures may bo simple
arid uniform throughout the world. ' '
Table T shows the imports and exports of specie
for the fiscal years ending 30th of June, 1846, and
30lh June, 1847; being far 1846 an import of $3,777,•
732, and an export of 53,481,417, leaving the gain of
opcb!o that ydar $230.815; am) in 1847 the specie
imported was $34,121,289, arid (lip export $1,845,110,
leaving the specie gained in 1847, $23576;170.
Tabic U shows the amount received iu specie, from
all sources—customs,lands, miscellaneous.and loans,'
from - Ist Jan. 1847, to Ist Dec. 1347, being
886 18.. and the amount of disbursements in 'Specie
dtlrllig the same period, $48,220,516 31; showing 1
the eggrcgnld bf receipts and disbursements in specie j
during the first II months of the new system, $96,-
894,402 49, and proving that the department has
been enabled, during the last eleven inohlhs; to cir
culate, bV dlshursmcnts among the people, the sum
of $18,226,516 31, under the specie receiving and
specie circulating constitutional treasury.
From the Public Ledger.
UISPUDIATION. t
The English journals arc continually sdolding nil i
our country upon tins subject, ns if all our govern
ments, Stale and Federal, hud-abjured their debts,
and resolved to pay nothing. Wo might say that
this was not vojy modest in the organs ofa govern
ment which once repudiated ttv'o thirds of its national
debt by a single “ Act of Parliament.” And it comes
with especially bad grace from such sources, against
a Federal government which has never repudiated n
dollar of debt, and against Stale governments, only
two of which have repudiated that portion of their
debt out of which they had.(rasa positively swindled
by British capitalists. And of these two Slates, Mis.
sjssippi has expressed its' determination to pay, *.vcn
this portion of Us debt, and Michigan will follow its
example. And while these British journals scold so
much about American repudiation, they, forgot that
the city, of Edinburg, the .capital of one of the ‘'three
kingdoms, 1 * and the very heat of llial band ofTory,
scribblers who long manufactured public opinion for
the British notion, and systematically slandered ull
others, repudiated its whole debt, refusing to pay
principal or interest. This reeking hot-bed ofwhole.
sale libelleis, of Waller Scbtls and Broughams and
’Wilsons and Blackwood Magazines, made a grand
wholesale, - magnificent rcpudhilioni and swindled all
its creditors ot once.
But tho poinl to which wo would now call especial
attention, is a recent statement in the London Times.
Us .usual strain-übout repudiation,-
and pronouncing the M Universal. Yankee Nation” a
“batch of swindlers,” it says that they began with
repudiation, having refused to redeem. the whole
jssue of Continental money with which they con
ducted the revolution, and that .the proprietor of the
Times now lias same of this very Continental money
with which thc-flvvlndUng was committed, “and
which Helped bs to Capture Cornwallis in 1780.” A
correspondent ofthc New York Journal of Commerce
censures this charge, in a manner which ought to btf
quite satisfactory to the Times, and to the whole body.
ufUritish libellers. Those conversant with American
history know that after tho Federal constitution was
adopted, all tlio debts of the Slates, ns well hs ofthc
Confederacy, which hnsbcch eorttraided /or tho prnSfi.
cution of the revolutionary war, with tho exception
oflliis continental money, were funded, or assumed i
by the Federal government, and have long since '
been paid. But the Continental money, the clrculii- i
lion of which amounted towards the close of tho war, 1
to two hundred millions of dollars, and “winch had
gradually depredated, even trf nlhety-nino per cent.,
was never redeemed, but gradually disappeared from 1
circulation. The Federal government refused to re
deem any of it, because largo quantities had been
counlcrfcrrcd, and so well ns to defy detection;
Ami who were the fabricators and circulators of
those spurious bills? Tho British officials then in
the United Stales, civil and military. Tho spurious
bills were executed in England,and sent out, in largo
quantities, to the commondcrs of the British armies,
(ordistribution. 'And no small quantities were dis
tributed ihrotigh tho Tories J .the object being, not
only to swindle,the Whigs, but to cripple the coufcd
oracy by destroying the character, and thus accele
rating the depreciation, of this currency. This brings
Us to the story told in the Journal of Commerce, —
Lillie Delaware, the “Blue Hon 11 that sent forth
such n brood of pugnacious chickens to fight in the
bailies of the Revolution, sent forth among llicmiot
tho very commencement of hostilities, a certain Maj.
McLone, tho father of Hon. Louis McLtinc, our lalo
minister to- England. This Maj. JVlcLano kept a
1 journal, which is still extant, to which is appended a
I certificate from Washington, staling that ho served
with great reputation, from tho commencement to the
1 close of the war,and.lhon retired nh half pay for life.
• We Americans regard this n» qfllto a decent coHlfi.
coto of character,especially os Gen. Washington wntf
* a man of consldorflblo. rcspoctnhllity. Tho Major a
journal states that lute In the atumn of 1779, ho at
-1 indeed the,British garrison at Sandy Hook, look it
by surprise, brought off the prisoners, and n .million
of dollars of counterfeit cond’.enlial money, so well ex*
cnlcd, as to doly Mr. Smith, the head of the Loan,
ollico ut Philadelphia, in, all attempts to distinguish
it from tho genuine issue.
’ 'fins is u good story, und a true one, well anthem
icalod by Dio officer who captured the money in
British hands. Tho editor of the London Times* m
saying thot. ho possesses a conlinonlinl bill, ants it
was part of the issue which enabled us to, .capture
Cornwallis in 1780. If this bo tihio. it certainly •fen
dored good service to the republic. Bulls ho sure oi
its authenticity ? Is H unt one of tho counterfoils
which the British authorities Imported and scattered
to nn amount more than doubling tho genuine Issue
If It bo tho latter, wo advise the editor of tho London
Times 1 to exult over It as a characteristic specimen
of “sterling English probity. 1 ’ • .
John Bull is quite an adopt m counterfeiting and
exporting the metallic and paper currencies of other
countries, tendon annually sends forth
titles of such wares.. Ho, Is alto famous fof qUUntof.
foiling Dio marks of American, French and German
manufactures, and slicking them upon his own info
rlor wares for foreign morkets, that /ooft just as well
ns Die genuine. Ho Is up to oil tricks of trade, from
tho Premier in Parllamonl to the beggar m St. Giles,
or the pickpocket at the Old Boiloy,
Donations .to Ireland. —lt is estimated, (1
rinff (ho poet your, tho donations sent from this I
country to Ireland, amount to a million and a hnlfl
of dollars. Tho amount of contributions sent from
the following ports, is ns follows i .
Doslon, $174,847 00; Philadelphia, 80,984 38*
New York, 182,450 13; Baltimore, 21,090 W
Washington, 10,300 00 j' Ulchmond, 15,000 00; Now
Orleans, 30,385 00; Providence, 11. 1., 0»377 00;
Salem, Mass., 3,438 97 { Now Bedford, Mass. 3.847*
61; Nantucket, Mass. 2,180 09 ; Vigo 00., Indiana,
1,441 65—total$59 ,313 29* Addlho contributions
transmitted from Pllh»hi)rg and ClMjjjhmt JJPj
eluded iW the nbbye,'6p,39fl 80—lolul$051,6l* 09.
r JTho relurha wo however nut yet complolOf
From the PiJhlicLodger.
FLOUR AND GRAIjV SPECULATIONS*
The New York Hcratdtof the 13th inst'Contained
a long.arliclc. nUribaitng|Kfe flollr and grain specu
lations of 1846-7, between this couuii'J and, Europe,
to a concerted action of t|itf Barings and Rollifichllds (
with.thp English and French governments. It as* ,
«orlcd.that Lord John Russell, in consideration of (
pecuniary didTrom RothstHnld for electioneering pur- (
poses, furnished the latt&wllh the earliest informa*
tion of (he deficiency of ifie crops; that ho also ex
aggerated, that Furlinmenl for (ho ben
efit of his ally ; and that Jtolhschlld, by dint of the
panic thus excited, nnd hjs oWn influence with the
hank of England, so the English currency
and prices of brcadsluflsjite tcfre-ilizc enormous prof
its by his operations in Ifac.lattcr articles. The. Ba*
; rings under similar cir-cumstanccsj also reaped'a
rich harvest. Nearly, llid|'Same Story la-related df
: the Rothschild of Furls .phd the French government.
Hoving ihiis by their operations nearly reduced Eng
, lahd to beggary, we ar|; told 1 " that they arc now
i hatching a now schcme&r, rather & repclilion of the
. one first enacted. ij.
The currency in England being very much con*
traded for want of the lijCcious mctaln, uHcl’obr pwn
currency diminishing fdf/ftnr that England will take
them from us, prices ofldl'klnds consequently shrink*
Such being the case, the!’ Rothschilds will enter tlife
market, buy all they lowest possible rates,
and when'lhe purchawutyiVaU bo'complclc, will work
the money market so nft’p onsuro an immense pro*
fit. Having feathered their* own nests at the public
expense, they will sufluf;(ho bubble to burst, utterly
regardless of the ruin, met may ensuo tdSothcrs.—
This is the out line of tlwfr'sfclicJnlo; atitfotihced by the
lernld. : .
Ip view of nil this, , advises American
farmers to sell (nr present prices,, and not
trudl a precarious ■'Controlled as it will bc by
such rouges nit the Rolhacltflds and Barings. ,».Ii is
sensible advice. I**.-;
But whilst the ionslblo, there is room for
consideration, whether the reaching which ptebedes
it, is not open to objection.,‘ I
As matters of this kiod musl bc : interesting to pur
farmers nhfl mferfchantsfVc-'will briefly discuss the
topifc; - .c/'i-jk't
Wo do flol pretend (hat the ministers oi
either the English or governments are im*
maculate. The corrujmoji.oflbe electioneering sys
lem In England are loo permit us not to be
lieve this. Kccerlt disclosifres in Frortfee corroborate
our unbelief da io lhat’&buntry. Rothschild; ds a
vast capitalist, deeply'ljirarektcd in the varions* na
lionnl debts of Europc,-u®Uplcs a,necessary relation
to the different governnicffllsiwlncli cun be possessed
by no other indivldual*ffilwlWior wealth. His moans
of information and action, ore thbrdfbl’o tery gfeol.
and it would be very ..uyM&KDnablc. to shppoaej (hat
this pecuniary LcvialhaW,would hesitate to employ
them. 'lt would also follow that his influence with
the Bank of England (bust bo very considerable, and
that it is no doubt very unsparingly used. ‘ But does
ho hold the destinies of prohd'Engilind in the hollow !
of his hand? Or doodle So control tho markets of
the world, that hia bidding, prices shall rise and fall,
and famine increase irfiliminish 7 Can the actions
of the Rothschilds or thtf Barings, or any other indi
viduals, exercise the influence’ claimed for them by
the Herald ? We sayjWf/nor dare they to starve
Europe, or any ollirtination, even if they could
whether for a long pepod, however profitable
such u humane spccufytbn might prove,’ The pres
sure ofan wuuldrsoftn burst the
chains opd the .wealth of the
Rothschilds'Would LmTmb moN> impalpable than the
mole that floats in the sunbeam. : ;
Having disabused oar minds of this error, thus dis
seminated by the Herald, let us glance for a moment
at the wants of the inaaaea in England, and tAen de
cide, or conjecture, if you please, what will be the
demand and scalOjof prices foi bur broadslufis, during
I the coming six months.
] We shall not encumber our brief argument with
I statistics, upon which 2n general very little can bo
placed. Wo shall merely make a few common place
upd common sense remarks.
Wo observe then, (hot Europe, and England,more |
particularly, as she is (ho main subject of our argu
ment, are too poor to pay extravagant prices for
'brcaaslnffs. They are not reduced to utter poverty
ofcourse, but h«VO still, boon so well shorn of (heir
superabundance, as to feel voiy economically dispps
od. Judging from the tenof oflhc news received by
Iho Britannia, the English consider six dollar per
barrel or superfine flour, quite as much as they can
afford Idpay. They perceive by the failures and
mercantile embarrassment which have already oc
curred amongst them, that they have been buying 100
much and paying too high. They arc now determin
ed to retrench, to buy as little os they can, and as
cheaply os possible. . ; .
Wb Cannot reasonably expect to drum them a
second llrffo their money, os wo have once done,
and that in Consecutive yearn, Tho Bank of
England seems to htTVcsolved, that ad far os she is
concerned, there shall bo no redundant currency to
invito importations to her shores. If we want from
her more specie, wo must first send it to her. And
that is the process actually going on now.
We tiro u great people but cannot o*pcct In twelve
months to become the great reset voir into which
shall flow the entire wealth nf nations. 1
Our prices of breadstuff* ore now 100 high Tor ex
portation, and our speculators in their eagerness have
brought business almost to a' stand.
In the menu time, our own Banks perceive how
keenly tho English disiro our gold, and hold on to it
with similar tenacity, Hence there is a contraction
in tho money market at homo.os well as abroad, both
operating against a riso in prices.
During tho past year, trade was active in restoring
tho equilibrium of the flour market in tho old and
now world. Thlsyoor the monetary equilibrium is
• being adjusted. Thiels n feature in tho business
not to bo overlooked. Wo therefore say with the
Herald, tell at present prices, and sell for cash.
IEX-
Col* Morgan at Home*
Tho gallant Col. Goo. Morgan lias returned to Co*
(unibutf, Ohio, whcio a public dinnerwas given him
bv hla follow citizens, in honor of his bravery and
bUIII upon tho battle-field. Tho Colonel made a pa
triotlc speech on the occasion, from which it appears
that ho is a manifest destiny man. Ho mW-
Many soo or pretend to see, danger to the Union
by an extension of “ freedom’s urea." Tills is no new
Fdoa. Years ago* tho sumo class of men saw danger
fo extending tho limits of tho Union west of the Al
leghenies. Hut onward flowed the tide of emigra
tion, and Stale after Stale, in tho West was added to
the Union.' LoulsiantoVuird Florida Wfcio purchased,
and they have been added to fife Constellation of
States, and no disunion, us prophesied 1 by these
croakers of evil, followed.' When Texas was admit
ted info tho Union, tho wjld howls of threats of dis
union were again hoard. -/Thai beautiful region will
bo found, os it has ulrpody 'been, promotive of the
interest of tho whole people. No one, said Col. m.,
advocates the admtoslon.Ofahy part of Mexico into
fho Unton afs States, at this time. Hut It Is the
destiny of the Anglo'Baton race—may, said'Cot nr.,
of tho American race, which includes those bravd
spirits from other lands who sought and found a
homo with ns, and have become citizens—ln time to
give laws to this continent from tho southern extreme
to tho frozen ocean in the north. s . .
Tho rdca of withdrawing the army at this trmo no
treated os on insdli. Ho remarked—' - \
Oun it bo, that tho gallant men «l " wo .t r..Mb
with high-, hope* to battle for lho»'
and IhoTr mranlry , honor. In ' , od return
as waa ovarwar (forthe f
defeUtd by Ibeir own ““J 1 r i™f" „j"y Iholr-wItW
could not Us by the enemy*} J triumphs, and the
drawol 1 from tho »«''■> » £a Vh "Laot. of tho
■grave* oftlio l * coma
W Br to i f, 01, ,T I* lldlors They are farmers and
not hlwllnj ° lio s , a i y nur .oil bad boon ,
ntccbanici wl "■ murdered., wont' forth to
L." bfpto wvengo bar wrong.,
flow they have succeeded, history must 1011.
lint dtf-
.From Neal's .Gazette. .
THE BRIDE OP TliH ttRATBi '
nt in*i
One of the brightest of the gldHuus golden days of
this fading autumn 1 spent at Mount. Aiiburn. It
was a Sabbath , and there, bn the-green turf, and tin*
dor the blue sby,-ihy heart sent up. its devotions to
God. ■ -
. Oh, never tell meof the majesty, the.solemnity, of ,
a Sabbath in temples, jeared, ahd act apart, and con*
eefcralcd by men.. No minister; old{ arid dim} and
vast—-no modern church, with its costly adornments;,
its religious music, could ever,deem so truly a conse
crated temple owned and accepted by the Eternal,
as that green, arched homo of the dead, whore goes
up, in grateful incense, the perflhriCd breath of the
flowers —where float, and echo, and Hrigef tile song
ofthe birds—Whoso very atmosphere,by the presence
of death; is hallowed, and,sanctified! and blessed.—
Not all the princely grandeur of those churches of
the old world; rich and stalely as‘they are, and
thronged abofri By mighty memories; could so move
the heart to solemn worship! . j
God be thanked that man lias dedicated to the holy
d&d a place so lovely! My heart clings to it—and
pwhen the gloomy night of death” has darkened
around me, fain would 1 sleep in its sweet seclusion.
My heart clings to it.. One whom-1 loved.sleeps in
its hallowed ground. Green be the turf, and bright
the stars above her ! Ptire and fresh in loving hearts
her memory! •'
Two yenrd ago last June I went out to Mount
Aubufn wilh a youngTiicndthen visiting Boston for
the-first lime.- Wo spent a whole bright day in
wandering through those green arcades, I remem
ber well the sweet seriousness of my hapj>f«hc«rlcd
friend, and once, when we stood in a sweetf jjr’fecfl
nook, bathed in soft sunset light, and musical with
the, song of birds, and fragrant with- the breath of
flowers, she said with a sad, pleasant smile, " when
I die, InaVlct me bo buried here—l never could love a
burying-placo Always shrank wilh fear
1 from the thought of death, but this could
1 almost In love wilh it. OnC fcould sleep here as in a
pleasant dfream, If I die fitki{ lha{ tell them to lay
mb here."
I hardly thought of it again—and never In tonnem
lion,with the death of her who was all life, all love
liness. 1 had expressed the same wish, with as little ’
thought of Us fulfilment. ' 1
We pahod at Cuirlbridgc, with the expectation of
meeting again‘the following June, when Ellen was
to be married, and going to her new home in the
For West; ; ,
tn bur school girl days I had made a careless pro
mise to bo Ellen’s bridesmaid, when a certain friend,
then parading his studies at old Harvard, should
fclajm hbr pledged hand, and .there, under the elms,
1 renewed Ihal.pronilsc, • , ,•, 1
Mo* Carrie foiind,and with it camfc a idler from 1
Ellen, reminding ftie that* till wedding was 16 I* on ■
the last day of Juno, wMch wns likewise her bitth* 1
day, and desiring me to spend with her t|io preceding
month. How gladly I looked forward to our meet
|ng_how gladly left the noise and dust of the city
fortho freshness ofher village home, in green, rural
Worcester 1 •* \ j
■ Three weeks wont by as never went MU before
—in rambles oil about bor charming homo—in boat
rides by moonlight, with Ned Nugent, Ellen s
betrothed, and Ellen’s joyous-bearlcdJbrolbcrßcn, for
companions—in long, dear convcrflaliohs, in an old
garden arbor long after the star-beams had Kissed
ihesliWbcring-flowcrs—and dearer thaasU, in Iwi*
light ro-urijons in the little narlor, when spftly through
llm in.nn wingfi of ,baltn,,Ujo^
rose perfumed breath of June. ,
Ellen was so merry-hearted, so gay and careless
that had I not known her well I should have almost
feared Uiat she too lightly regarded the expected
cliangu in her life. Wo nil laughed, and jested, and
pictured our bright, young Ellen, in her log-cubm
home, with her brown hair pul soberly away from
her brow—all the charming poetry of lovo fust giving
1 place to Us stern, sober, slate-colored prose—tho
! fairy fancies and delicious imaginings of a girlish
heart “ fading before .life's realities away.”
Perhaps wo laughed and jested too much, for love
and marriage are ‘solemn "things. On® may trifle
with them for a while, but when comes tho .hearts
betrothed—the pledged hands—when tho whole ex
istence goes forth to mlngle forever with another—
whon old, familiar friends,arc to bo given up lor the
untried and now—when a long.it may bo a lust
farewell, is to be taken of the childhood’s home—
when the inollicr’s lip quivers in its last fond Kiss—
when the father’s hand trembles while it blesses—
when the brother’s voice murmurs it last fidlon, and
the heart of the sister is torn from the clasp—oh, then,
then oro they serious, solemn things! .
One and all seemed anxious to keep the dreaded
day of separation from their thoughts. Ellen was
the only sister In a band of brothers—tho firc-sidc
idol—happy, loving and loved. Yel,how could they
but give her up willingly, when she hud chosen a
honio in the heart of one dearer than them all. and
aa |<j_Uf«}Vhithcrsocvcr thou goesl I will go—lhy
people shall bo my God, my GotU
Tho night before.tho wedding,’ Ellon saVmtfwn (hr
tho last lime to the homo piano, with all tho family
“Novi don’t sing anything sad* Nolly*’ urged
6o in careless enrol, she gaily sung, and if a tremor
1 from her heart now and then choked her voice, and
, stirred tho well of tears in every eye. tho friendly
twilight concealed them all. No lights were brought
In that evening—the soft; moonbeams, streaming
1 through the curtains of convolvulus, kissed the tear
drops from more'limn one check, in the mutic
liiiunted room. At length, one after " »
family retired, till none bat Ellen and her mother
wefe loft. It wns a sacred hour. I stole up to our
ro6m, and left thorn there. Ellen sitting upon « low
goat at the fool of her mollier-llml mother « hand
resting In fondness upon tho head, pillowed like a
weary child upon her knee. •
It was midnight when Ellon came up, but not to
1,1 of’ cannot sloop tonight, Ina, lot u. go down Into
Ul Bo wo’rtofc wlWy'.oiA af.,ll|o .house, and dovyp
through tho dewy paths to llftt-oM,.arbor. 11 was
bright moonlight,-and earth and sky wore bathed in
bC, & delicious loveliness of a summer night !
Thoy who sleep the dreamy hours away know not
tho cool, grateful refreshing of a midnight under the
stars.
Ellon was oppressed with sadness.
“ 1 tmvo said my last ‘good night, Inn-sung my
lost songs—laoltcd upon tlioro loved oliosl eft ell
look no inure—Cell my mother s hear! koal j
troubled nngnlsli against "T' '. J sl ||],"l „
have not shed a ,h»l6 tear My ’
if a chain worn round U- «“ 1 “' d ' | OO K, mitfa
night is boniililill—hill, Ina, Ibis gamon
• fro I S B ‘no y . , ;. r^V.. D o«i.n.. lie
W '| l ’'ke | nonib , glbUod her pale end
.oriouk,’ toil mbrn/ntf ad'ev.r gladden-
It was a bright, lr ”P ," d 1 uly. Mnny limes,
cdouroarlli wblißiinslil |„ |, ra k down from
d l " ri "'s | ,'e billed nlior upon .Ilia pirdnn,
I ‘^“..SgTm. diov-dvops. ond musicul wi,b Ilia song
° f 'So hist preparations «l. inn da, nnf wo stood W
•i' Z I, iii„i window, Ellon attired in her simple
dio." of wl ilo muslin, when Edward and Hon on.
‘'tfllcn'V chcfnilinp arm clung more Comlly around J
mb•'•libl' tititVd trembled in minoi liar liPP " - n K“ rl, ‘ l l,
Kl a loving premium to mV own I 1 ‘‘ now, too, mllou .
—no—no—come, I moan.* , • 1
i* Wnli a rimnwrib” said Ben, nsibdward drew-hurl
lo Inn side and clasped Iho Ihllo ijlnvcd hund
jL \\i hid,* “ svnila moment, seo now Ellen Irumbltsl
—Il will bo (Wersoon. 11 ■ .
Edward placed Ids arm around her—innt nnn pro*!
iccllng oven lo doallt-iho clung around
An* 00 PEB ASSDHi
M 29.
him—looked up into.the. proUd} maiily face, bonding
so tenderly over her—with a. holy; licavonly^beaoty.
1H lief bide eyes, a long, loving, lingering look, and'
—aria—oh; my Godf lean no .more, - - • *
. • ■ • » ' • I '* '
I know hot.KKw U happoned. bat we sU tiood Id
Ihe midst ofa group, in the mom below;Edwara »lm.
holding fait In his arms the IlfolesM iVrft! bli deir;
dead-Ellch.'' • i J - i
I cannbtwnlo of Iho.voicclcse, tearless agony. of
tliat hour—of those who had looked for a solemn;
parting, but not for that—of my poor stricken friend
Nqgenli whoeo llghl'had gone dill forever. .. .
I have since bccH lb’ilfai room—arid, have sal iri,
the bid arbor, whore,on that summer night, ,1 iat‘
with an angel by my side, and know it not—nor;
knew that angel was bo near to Heaven. f j v
Wo bore her far from’hcr childhood’s home,
laid her In Mount Auburn, a meet resting place (Br }
the ioilhd Heart yielded tip Id lU pure loveliness to
. Gfadt ' r
Adventures of a Leg*
K soldier, who served under Napoleon, nl the'Dal
lib bf Waterlog,'and who vtdsflp severely wounded iri l ; ;
that engagement that ho was compelled to haVembo
of Ills legs amputated, arrived at Cincinnati- last,*’.,
week. The history of his leg, which ho bought will!.
him, presents greater vicissitudes than does that ofa,
similar limb, once the personal property, of-Suhta
Anna. At the lime of the ,great battle, Ins residence
was at and thence', with his coffined leg jid ,
retired; and Committed to rtfollief.dafih that porliofi*.
of his defunct proportions—removing tdGenevsiliJ
tho year 1821, ho dislntered Ills leg, and buried It
again in tho vicinity of his.now homo.
Bui a fow years had elapsed till ho resolved lo
tross the Atlantic; infatuation—such
wnd'Bla dffecilon for Ids lifclCMj»n»t> t,,al n® "kJrtV -
It overthe surging billows of tho deep, finding It ~<■
a place of temporary repose in the western world,* .
near Bordenlon. N. J. ; much of the restlessr
spirit which characterizes more particularly the
Yankcerlic tcsoHcdlo fcinigratc lo the great West,*
and Is nrtw on Ills way III., where ho
Isays' he is resolved lo Uyp out hls-days, and at last
Ibe buried with.his long lost limb.
.Itoueymoom
Tho origin of this \ydrd i« so little knownjnnd yet
so highly interesting, that wo arc constrained to.give
an account of it. It is traceable to a Teutonia,,
origin. Among the Teutons was a favorite drink
called itietheglin. It whs made of honey, and iritich
like the present mend oflho same name in European
countries. TII6 same Boverogo wajp Injbso
the Saxons, as well as another ifWrai t which was also'
mado of honey, but Havered With mulberries. : f Tho
honeyed, drinks ,were used- in groat abundaneb jit.
festivals; .Among, tho nubility tho w*
celebrated a whoTo lunar month, which was caflca
il irfaon/ during which tho festival board Was Well:
fldppficd-wilh IheJtoncy drlttk., Hence this monlH
of festival - was called the A one A yiao/r.of Uoimy moon;
which means a festival. Tho fanious-Alafio is.said:
to have died on his wedding night, Trom tho effects
of 100-much Indulgence in methogUn.’
- The Frenchman and tho Skunk* ■
cuhnoj. refrain; soys the Knickc.rbocker,Trorn
recording an incident; which wo recently
piclcd by u friend, a French gentleman, whoso finds*,
tentatinus but princely hospitality odds (what oris
i could hardly deem' possible) oven a new ciialrp and
grace lo tho lovely banks of tho Saint Lawrence/
nlung tlip mojil delightful reach of that resplendent
“ Ifecs he, "since zall vni lij
shd -I ’gtTiip'brio'night'’ in *’ upptf MOT
dc cite, (H wan ’most in do cnnlfcs,) lo aeo a frande*
Ah! oull W’en 1 com’ by do dooryard, 1 see soro..
sine—l know not what he ccs, but I s’oughl ho wad
lUllo robbed; but lie war vor’ lame. Igo up
to heem; ‘Oil, 1m I’ I say lo myself, *1 ’av gols yoll.
So I strike him big stroke-vis my ombrol on hts
neck. Ah, ha ! sup’poso w’ut ho do? / UO
i strike mo back in my face wis his- IcamoiUUl
i Vut you call him? Il was uwfuU— drradfuia J Hfi
s*m»c*M so you cannot touch him—and Ids rfaarpo,
I s’row; myself in do pond up to ray necks; but it '
makes no use. ’ i -• .
I smell seex xoee'eek! I noUikt go m zonooip Wi*
myfrsnnde. I dig big .hole, to put my c/o'es jn dfl
gronnde: It not cufo zom .* I dig tom up: b«h!—U
is de snstnc! 1., pnlf zexn back—and doy smell one•
year; till zey roLln de.ground. /jf,ef«s/aac</” •
And so it was d fact - ; for rro ma?, bgrn of woman
could over counterfeit the ferrof of disgust wbicfc
distinguished tho graphiu delineation of Cm sad
mishap.
The Feeunoih Mexico.— The Union ii giving;
the views of officers in the army relative to Ihe future
policy towards Mexico. One gentleman Immediately
from Gen. Scott’s army, says:— .
“ The Mexicans arc unwilling,to see ns quit their
country; they declare their lives and properly have
never been so safe us under the protection of our
army! and that they aid apprehensive, if wo retire, of
seeing their country again tom to pieces by contend,
hig factions and military oppressors, fins gentle-,
man is of opinion {and it la the general opinion of the
army) that wo shall have peace only,by throwing,
more troops into the country to assist thoso.wfro ate
already there. These are ahlo to retain the capital;
tho road to Vera Cruz, and keep Ihe Guerrillas at bay.
Dili additional reinforcements would make excur
sions to proper points' Whenever it was proper to
extend our conquest®, (Void SluJo to Slate, and from.
capital to capital, and lo command tho.rich mine®,
some of,which uro within forty mile® of the capital,
lively effort lm® been made to cover up these mine®,
under tho guise of Nrlllsh ownership, tjirongh thfi
Inventive genius ofa British agent, in Mexico. It I#
the oiiinioit of (ho officer that,we flhomq
olso exact contribution*, hy pcanji pf such tsxc® upon
proporly n® were levied by the lhctnsclvc®.
Our Informant entertains little doubt that, by thus
bringing the war nearer lo the Mexicans, they would
bo disposed. In acok for peace—particularly If otlt
troops should throw their protection over Ihe people
for t» sltorl lime: •, . , , r
“These general representations of the slate 01
tilings in Mexico aYo eoiiWiiVcd from
tors, that we cannot hesitate to l.L.lmvo fr.d.n . nnrt.
Were we at liberty, wo conld miiun an a llmr y
nearer lo Mexico, and even mord relfnbhr, because
pic-." •
f mOMZINO TIIUTH.
Mr,C)uVi'?n l>" 1“"’ «l lcccll ' lll !i , .T.
1 Tuvlor ordered hf» cannon oppoallo lo Jfiilnraoh*
“wfiilu Sir. Slidell win wcndiiijf Imi woy lo Mexico
" Thu i" inUh°"ii«'«™crHl Tuylur wan nolordcr.d
f ,„, Cur pn.ChrVitl lo 11..-KIO Or.ndo, UN -U'W.. ■
knnwrtlo [III) AdniW.ti'alhm tint Hi. Moxioun 00.-
drn.nc.it find refused A> bhdcU! ..
■ Mr. CUv asserts Unit Gen. 1 avlor * good sense
promoted him to believe. In lliobemnmng of the year
18-10, that our unity ought to remain nt Corpus
r*lirlrill • i ■ ; I ,■ , /
Tlio‘‘lrntli’' Is* Gon. Taylor advise* Ihe forward
movement of tho army lo [ho Rio Grando l
Air. Cl«y assort* that the war of 1812 was one s
‘■purely of dr/Vnde,” , - ,V •
The “iriflli" id| llto moasnm of Canada, w»* Hie
find ncl.ofohr cnuulrjl in dial w"f!. '
lift. Clay naaorla dial dio jiialicc of the war of 1813
wuu ndinlttaVliy tlio fcilcriil puny.
Till! "irulli" r, diroody dm rctur.o, to (ar aa w«
con iinljjo from tho recorded oplnlona and coin nl'
llio icnifara of dial putly in Muanaoliuidla nnd cU *'‘
where I 1 Mr. ;
, Tho farciralnß atatcinrnU In llio .|»™" . j.
Clay nro, truly roma.kahlo, 'o»UggJp t -
moil i<W«». ’■ '' ■
—• —„iwn went lo IlioJiouie;
:
I - ' *rf>
] 0
I ■' ‘ •
J- )'
F*’