THE STAR OF THE NORTH. B. W, Weaver, ProprleUr.] VOLUME 9. THE STAR OF THE NORTH IS PUBLISHED EVERT WEDNESDAY MORNING BT R. XV. WEAVER, OFFICE—Up ttairi, in Ike new brick build ing, on tke south tid* oj Main Street, tkird dquare below Market. VERMS >—Two Dollars per annum, if f>aid within six months from tbe time of sub scribing ; two dollars and fifty cents if not paid within the year. No subscription re ceived for a lesa period than six months; no discontinuance permitted until all arrearages *re paid, unless at tbe option of the editor. ADVERTISEMENTS not exceeding one square will be inserted three times for One Dollar, end twenty-five cents for eacb additional in peition. A liberal discount will be made to those who advertise by the year. Choice floetrß. SOBOIIVS SONG. Swift never wrote anything better in verse than the following lines from an unknown correspondent: I. I'm thinking just now of Nobody, And all that Nobody's done, For I've a passion for Nobody, That Nobody else would own; I bear the name of Nobody, For from Nobody I sprang; And I sing the praise of Nobody, Ae Nobody, mine has sang. 11. In life's young morning Nobody To rae was tender and dear, And my cradle was rocked by Nobody, And Nobody was ever near; I was petted and praised by Nobody, And Nobody brought me up, And when 1 was hungry, Nobody Gave me to dine or to sup. " 111. ' I went to school to Nobody, And Nobody taught me to read; I played in the street with Nobody, And to Nobody ever gave heed; 1 recounted my tale to Nobody, For Nobody was willing to hear; And my heart it clung to Nobody, And Nobody shed a tear. 1111. And when I grew older, Nobody Gave me a helping turn; And by the good aid of Nobody I began my living to earn; And hence 1 courted Nobody, And said Nobody's I'd be, And asked me to marry Nobody, And Nobody married me. V. Thus I trudge along with Nobody, And 'Nobody cheers my life, And I have a love for Nobody Which Nobody has for his wife; So here's a health to Nobody, For Nobody's now in "town," And I've a passion for Nobody, That Nobody else would own. New York Evening Post. From Ike Pennsy'.VLman. HON EY. Coin and bank noia* are commonly called | money. Yel the difference between the two ' commodities is very great. Tbeir character-! ■slic distinctions not being clearly understood j by ibe people, ie a source of incalculable mischief. lMnay dgb said, that we, as a na tion, overrate the value of bank notes, which, of course, proportionally diminishes in our eyes, tbat of coin. Relying upon our abund ant supply of paper-money, we look with sto ic indifference upon the exports of the pre cious metals. Some eight or nine years ago we had the good fortune to disoover the j California gold deposits. When Ytleir rich yield was fairly ascertained, it was confi- ; dently expected by many intelligent persons, that we should soon be relieved from Ibe dependence on European money lenders; we shonld be enabled to pay for necessary improvements, the construc tion of railroads, canals, etc., withont being compelled to borrow abroad; and that we ebonld no longer be inbjeot to the prostrating influences of strictures in the money market. Bnt Ibe finanotal millenium did not arrive. Notwithstanding fbe large consignment# of California gold doat, onr monetary resources •re, at this moment, at ■ low ebb, as the un usually high rates of interest indicate. Sev eral causey, may have co-operated to prod oca tbat effeot,'bnt the main reason, will be found in Ibe drain ol precious metals. No sooner was the prospetity, consequent upon the gold productions of California feh here, than we doubled and trebled the importation of foreign fabrics and luxuries, to be paid in domeetio produce, tod this* not sufficing, tbe balance bad to be made op in bullion and ooin. Pre vious to 1851 that balaoce never exceeded 9,600,000 for any one year. Tbe total excess of asportations over importations of precious metals, for a period of thirty years, I ram 1831 lo 1850 inclusive, was according to official statistics,.s42,B6s,76B; whereas, for tbe six years, from 1851 to 1856 inclusive, it amounts to no leas than 8213,087,841. * Tbe excess of exportation of Coin overly, portal ion, bra* In 1861 824,019,160 1852 37,169,091 1858 23,285,493 1854 84,438,718 1856 52,1)87,531 1858 41,687,853 This drain is beyond all doubt, the princi pal canae of the present scaroity of mooey. Had tbe national mind been more deeply impressed with flip real, intrinsio value of gold, we should havh Husbanded the precious acquisition, and tbe advantages of California would not have been lost to ibe conntty; money won Id now be plenty, interests low, and buutress flourishing. We frequently hear tbe opinion expressed that gold and sil ver ooin represent value. Not so: they do not merely represent, but are, in tbe atrieieet sense of the word, value or property,tut mnnh BLOOMSBURG, COLUMBIA PA., WEDNESDAY. SEPTEMBER 23. 1857. as iron, coal, capper, laid, Irorjr, fornitare or land. The prioe of all these things is deter mined by tbeir utility in the first instance, and in tbe second, by tbe qaantity in which tbey exist; or, in a few words, by demand and supply. Tbe uses to which iron can be pnt are multifarious. They determine its absolute value, which is equally great, here, in England and Russia; but iron-on being mors scarce in Russia, tbe relative value of iron ore is higher there than in England or America ; that is to say, tbu same weight of iron will fetch the greatest weight of silver or gold or other marketable goods, in Russia. Now, gold and silver, like other metals, are of the greatest importance in tbe arts. Tbey are on account of certain properties, such as incorrosiveness, great maleablliiy and divisi bility, etc., indispensable, and no-eubs'iiute) has yet been found for them. Without them chemistry would probably up to this day have remained a mere speculative scieooe; and the practical arts could not have advanc ed lo tbeir present eminence of utility. Were gold more abundantly found in the crevioes of Ihe roeks and the sands of the rivers, its utility would remain tbe same ; only its rela tive price would diminish, and such has been to a certain, but inconsiderable extent, the consequence of the supplies from Australia and California. Silver has risen as gold went down ; which effect, partly owing to Ihe oause jnst assigned, was increased by the large shipments to China. The same excel lent properties, on account of wbich gold and silver are so useful in the arts, pre-eminently fit tbem to serve as a circulating medium.— Capable of infinite subdivision, incorrosive and easily trsnsporlable, they are, besides platina, the only metals fully answering the purpose of money. Tbeir particular adapt edness for specie, however, only enhances their intrinsio value, as the prioe of iron would be enbsnced should a new extensive use for it be discovered. The stamp on gold and silver coin is but a convenience in ex- , change, indicating its weight or value. Tbe : stamp wholly obliisrated, the coin would re lain the same value, only lesa tbe trifling ex pense of coinage, provided the weight has not keen diminished. Gold and silver there fore have an intrinsic, universally recognized worth. In all parta of the world they are readily and at the shortest notice convertible into every description of services or properly, simply because tbey are Ibemselvea the most usefnl,the most desirable kind of property, : of all things least subject to depreciation and fluctuation. Tbey do not ropressot, but aro actually property; whereas bank notes hav ing no intrinsio value, are in fact, nothing more than its representatives. The credit of the parlies who issue them not being univer sal!) known, they cannot have but a limited scope of circulation. Every note must be backed by security, or else it is worthless, hence the amount of security offered by a company determines its credit, or capacity for issuing notes. Gold and silver coin is se curity iu itself aud as it forms the basis of all ! banking operations, expanding or contracting ' them, according as it is plentiful or scarce, thus re-acting either beneficially or injuri ously upon every department of business, it is of the utmost importance, that we should always be adequately supplied with it. In Ihe United States the necessity for national activity is infinitely greatep than in the coun tries of tne Old World, where past ages hsve to a great extent anticipated tbe wants of the living generation. For every addition to the population, we have to make new provisions, which requires money, and money being therefore of a much higher valne here than elsewhere, we should adopt such measures as will prevent effectually the excessive ex portation of tbe precious metals—which sloue ate money. The Philosopher and Ibe Child. "Have yon a soul!" a philosopher once enquired of a little girl. She looked up into his face with an nir of astonishment and of fended dignity and replied: "To be sure I have." "What makes you think yon have 1 " "Because I have," she promptly answered. "Bnt how do yon know you here a souj t" "Because I do know," tbe answered again. It was a child'* reason, bnt the philoso pher oonld haidly have given a better one. '-Well then," said be, after a moment's consideration, "if you know you hava a soul,- can you tell ma what your soul is!" "Why," said she, "I am six years old, and don't you suppose tbat I know what my soul is!" "Perhaps you do. If you will tell me; I shall find out whether yon do or not." "Then yon think I don't know," ahe re plied, "bnt I do—it it my think." "Your think!" said the philosopher, as tonished in his torn; "who told you sot" ''Nobody. I should be ashamed if I did not koow that without being told." . Tbe philosopher bad puxzled his brain e great deal abont tba soul, but he oonld not have given a belter definition of it in to few words. BP* A newly married couple took up their residence in Poplar street. At breakfast next morning the gentleman said to the lady: "My dear, this is Poplar etreet, and by putting u (you) in it becomes popular." "And by putting oua (ne) in it," promptly replied his better half, "wilt very rihturally become populous." "How is it," said a man to his neighbor, "that our parson, the laziest man in the world, can preach such long sermons?"— "Why," laid the neighbor, "he ie too lazy to stop." SPEECH OF lENATOR BIGI.EK, , • *T CLXUOR, on THE BTH HUT. In rtphf to Ike address of Ik* Hon. David Wil mot, delivered at Philadtlpkia, 24tk ult. After giving a brief history of the Demo cratic party, showing how eminently wise and successful Its policy ht