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t&lxrtx 'CHARACTER IS AS IMPORTANT TO STATES AS IT IS TO INDIVIDUALS; AND THE GLORY OF THE STATE IS THE COMMON PROPERTY OF ITS CITIZENS." FAYETTEVILLE, SATURDAY, MAY 11, 1839. . I crrnt haHA 1 Zt. a ? t . -- h- " HOLMES, Editor ana Proprietor, TERMS $2 50 per annum, if paid in advance; 93 if paid at tne ena ot six montns ; or au ai me cireuuu . of the year. Advertisements inserted at the rate of sixty cents per square, for the first, and thirty cents for cach.ubsequent insertion. ICPLetters on business connected with this estab lishment, must be addressed HI L. Holmes, Edi tor of the North-Carolinian, and in all cases post paid. SPRING 8c SUMMER PETER P. JOHNSON has just received his Spring and Summer GOODS, consisting of a Geners'il Assortment of British and American DET GOODSj HATS, SHOES and BONN4ETS, "Which he reopn.-tfi.Uv invites his frientla and lormrr customers to call and examine, as hij stock is en tirely new. Ai.ril, 2P, 1839. 9-tf FAYETTEVILLE Female Seminary. nERHAFS a better exhibit cannot be offered Jt of" the state of tliis Si;hoo1, than may be in ferred from its numbers and branches of study. Present number of Pupils, . .84 In the study of Latin Language, . 30 " French, . . .23 Arithmetic, . ... 73 Geometry, . ... 30 English Grammar, . . - . 30 Geography, . ... .66 Intellectual Philosophy, . . . 17 Chemistry, . ... 23 Astronomy, . . . . 30 Music onPianO Forte, . .30 Reading, Writing and Spelling the whole School. The plan of instruction has a primary reference to mental discipline, which is aimed at as of far greater consequence than any given amoutit of ac quisition. Parents and friends of the Institution are invited to attend at all times on the exercises of the School. Thi present Academic year will close on the middle of July, and the next will commence on the 15A of October. A thorough and lull course of instruction in all the iftual ornamental, as well as solid branches oc education, will be always provided by the Prin cipal. May 4, 1A39. 10 if. 7flC. L. OPUS, Merchant Tailor, BEGS leave to return thanks for the liberal pa tronage he has received, and also to inform his friends and the public generally, that he still continues to carry on the Tailoring Business in all its branches. H has recti vrdthe latest fashions for the SPRIX3 and SUMMER of 1839, and is always ready to exe cute orders with neatness and despatch". P. S. All thos3 indebted to the subscriber either bv note or account, will please call and s:-ttle the same iai -mediately, as cloths cannot be bought without cash. her lifetime, by the care she takes of it. Her limbs are vigorous, her bosom well enveloped, her color's health, and she has a grater moral courage, and is a hundred times better fitted to dashing enterprizes, than the women of our cities. Sketches of Jrarts. Great and Valuable Discovery. After thousands of pounds have been, spent in En gland to invent a rotary power Stocking Loom: and all attempts have failed, the unaided ge nius of a poor mechanic of this town has ac complished it and a curious piece of me chanism it is. It may be operated by band, water or steam power, and wotks with won derful facility. It is confidently believed that it is destined to supercede all others now in use. Portsmouth (.V. . ) Journal. PO ET1CAL. May 4, 1339. 10-tf I W m 1 AKEN up and committed to the i iii of Duplin '1 JL County, on the ISth of A pi i!, a Negro Boy, who ? says his name is Stephen, and belongs to Daniel Mc I Neil of Rich mond Count--, the said Boy is about 22 or 23 years old, five fett 8 or 10 incht s fciffh, looks " "-"Jvery pleasant when spoken to and hns a small scar -'on his forehead: had on when he was taken a biown rloth coat, blue bombczine pantaloons, a pair of Z Joots, and an old fur hat. - . The owner is requested to come forward, prove "" .t property, paycharrs, and take him e way. ....Er r t a -kit-. t- t- r-i Duplin County Apiil 25th, 1339. 10-4t MISC FJ LLA X EO U S - i r f PARISIAN LADIES. Our climate is noted for three eminent qual ities, extreme heat and cold, and the extreme suddenness of change. If a lady has bad teeth, or a bad complexion, she blames it conveni ently" upon this climate, if beauty l ike a tender flower, fades before noon, it is the climate, lif she has a bad temper or even a snub ucse, ' " still it is tne climate. But our cliu.ale is ai- ftive and intellectual, especially in winter, and Iin all seasons more pure aud transparent than these inky skies of Europe. It sustains the infancy of beauty, and why not its maturity? ,i i l ...i ..I 1 1. 1 . . ill spin mc uuu, miy mn uie upcucu uiussuiii or the ripened fruit? Our negores are perfect ;iu teeth, and why not the whites: The chief preservative of beauty, in anycountry, is health; f and there is noplace in which this great iuter- csi ou lime aucuum x3 in xiiiici ia iu wi sensible of this you must visit Em ope. You must see the deep-bosomed maids of England upon the Place Vendome, and the Rue Cas tilione. There you will see no pinched and mean looking shoulders over-looking the plumpness and round sufficiency of a luxuri ant tournure; the account is balanced, however gross the amount. As for the Frenchwomen. V constant attention to the quantity and qual ity of their food is an article of their faith; and bathing and exercise are as regular as their jneals. Vhen children, they play abroad in iheir gardens; they have their gymnastic ex ercises in their schools, and their dancing and iother social amusements keep up a healthful temperament throughout life. Besdes, ayoung lady here does not put her waist in the inquisi tion. 1 ash ion, usually insane, and an en emy to health, has grown sensible in this: she regards a very small waist as a defect, and omts to the Venus de JMedici. who stands ut boldly in the Tulleries, in vindication and estimonyofthe human shanes: and now-anions ladies of good breeding a waist which cannot ispense with tight lacing is thought not worth e mantuamaker's bill not worth the squeez- ng. When I left America, thp. moron ivnman looked like an hour-glass, like two funnels or woextinguisners converging, the more she fas pretty; and the waist in esteem by the ockney curiosity of the town, was one you ouia pinch between thumb and finer- ing her a withered complexion, bloated leoS, consumptive lungs and rickety children. If this is not reformed, alas the republic! A r reacn woman s Deauty, such as it is, lasts her FOR THE NORTH CAROLINIAN. ORIGINAL POETRY. This life is but a troubled sleep, All fill'd with fairy dreams, O'er some, the cheated wretch must weep, Some glow in fancy's beams. And all these dreams, in constant flight, Are quickly passing by; Like fleeting shadows on the sight, We dream until we die. Sweet are the dreams which childhood knows, All innocent and fair: There is the color of the roe, The light of hope is there. But sweeter still, the dreams of youth ild music floats around; Love sports upon the lap of truth, In wreathes of beauty bound. But manhood comes and mingled forms, ' His changing dreams assume; 'Tis sunshine here, and there 'tis storms! Flowers wither both, and bloom. But chief among these dreamy flowers, In friendship's fragrance shed, "Which adds new joy to happy hours, And soothes when they are fled. All other lovely visions fleet Mysterious "us tne wind; But this to mem'ry ever sweet, Will leave a trace behind. FOR THK NORTH. CAROLINIAN. MAY TO APRIL. Without your showers I breed no flowers, Each fi. Id a barren waste appears; If you don't weep, my b!o.son:s sleep, They take such pleasure in your tears. As your decay made rcom for Jlfnt-, So I must pait with all that s mine: My balmy breeze my blooming trees, To ton id suns their sweets resign! O'er - Ivr ! ded .my shades I spread: To her I owe my dress so gay; -Cf daughters three i' falls on me, Tp cles2 my triumphs on one day: Thus to repose, all nature goes; Month titer rr.on h must find its doom; Ti re on the winir, May ends fie Spiing, And summer dancts on htr tomb! FRENEAU. THE ARCHER BOY. SU.VG BY MKS. GIBBS. Oh! chide hi n not the archer boy, Since he is beauty's lichest treasure, His very teais are drops of joy. His sishs are but the breath of pleasure: Oh! chide hi n not, the archer boy. A transient shower of April skies, The daikcst stor.n that o'er him flies, Then chide him not, the archer boy: Tho "gh changing in his rainbow feather, Who would the fairy brood destroy, That Love's bright wing collects together? Oh! chide him not, sweet archer boy. Oh! never say love can deceive, That he's a traitor altogether; Sometimes like summer s balmy eve, Sometimes December's freezing weather: While hopes and fears step in between; Then chide him not, the archer boy. tl 0 1 tT ICULTUKA L- EXTRACT FROM BACOn's ESSAYS. OF GARDENS. God Almighty first planted a garden; and, indeed, it is the purest of human pleasures; it is the greatest refreshment to the spirits of man; without which buildings and palaces are but gross handiworks: and a man shall ever see, that, when ages grow to civility and ele gancy, men come to build stately, sooner than to garden finely; as if gardening were the greater perfection. I do hold it, in the royal order of gardeus, there ought to be gar dens for all the months in the year, in which, severally, things of beauty may be then in season. For December and January, and the latter part of November, you must take such things as are green all the winter; holly, ivy, bay., juniper, cypress trees, yew, pines, fir trees, rosemary, lavender; periwinkle, the white, the purple, and the blue; germander, flag, orange trees, lemon, trees, and tmrtles, it' they be stoved; and sweet marjoram, warm set. There followeth, for the latter part of January and February, the mezeron tree, which then blossoms; crocus vernus, both the yellow aud the gray; primroses, anemones, the early tulip, the hyacinthus, orientalis, cha mairis fritellaria. For March there come vio lets, especially the single blue, which are the earliest; the early daffodil, the daisy, the al mond tree in blossom, the peach tree in blos som, the cornelian tree in blossom, sweetbri ar. In April follow the double white violet, the wallflower, the stock gilliflower, the cows lip, flower-de-luces, and lilies of all natures; rosemary flowers, the tulip, the double peony, the pale daffodil, the French honey-suckle, the cherry tree in blossom, the demascene aud plum trees in blossom, the white thorn iu leaf, the lilach tree. Iu May and June come pinks of all sorts, especially the blush pink; roses of all kinds, except the musk, which comes later; honey-suckles, strawberries, bug loss, columbine, the French marigold, flos Africanus, cherry tree in fruit, ribes, figs in fruit, rasps, vine flowers, lavender in flowers, the sweet satyrian, with the white flower; her ba muscaria lilium convallium, the apple tree in blossom. In July come gilliflowers of all varieties, musk-roses, the lime tree in bloj som, early pears, and plums in fruit, genniw ings, codlins. In August come plums of a sorts in fruit, pears, apricots, berberries, fil berds, musk-mellons, monks-hoods of all co lors. In September come grapes, apples, poppies of all colors, peaches, melocoto- nes, nectarines, corneliana, wardens, quinces. In October and the beginning of November come services, medlars, bullaces; roses cut or removed to come-late, hollyoaks, and such like. These particulars are for the climate of London: but my meaning is perceived, that you may have "ver perpetuum," as the place affords. And because the breath of flowers is far sweeter in the air, where it comes aud goes, (like the warbling of music,) than in the hand, therefore nothing is more fit for that delight than to know what be the flowers aud plants that do best perfume the air. Roses, damask and red, are fast flowers of their smells; so that you may walk by a whole row of them, aud find nothing of their sweetness; yea, though it be a morning's dew. Bays, like wise, yield no smell as they grow, rosemary little, nor sweet majoram; that which, above all others, yields the sweetest smell in the air, is the violet, especially the white double vio let, which comes twice a year, about the mid- I die of April, and about Bartholomew tide. Next to that is the musk-rose; then the straw berry; leaves dyingr, with it most excellent cordial smell; then the flower ot the vines; it is a little dust, like the dust of a bent, which grows upon the cluster, in the first coming forth; then sweetbriars, then wall-flowers, which are very delightful to be set under a parlor or lower chamber window; then pinks and sjilliflowers. especially the matted pink and clove gilliflowers; then the flowers of the lime tree; then the honey-suckles, so they be somewhat afar off. Of bean flowers I speak not, because they are field flowers; but those which perfume the air most delightfully, not passed by as the rest, but beiug trodden upon and crushed, are three; that is, burnet, wild thyme, and watermiuts; therefore, you are to set whole alleys of thctn, to have the pleasure when you walk or tread. For gardens, (speaking of those which are, indeed, princelike, as we have done of build ings, the ccuteifts ought not well to be under thirty acres of ground, and to be divided into three parts; a green in the entrance, a heath or deseit iu the going forth, and the maiu gar den iu the midst, besides alleys on both sides; and I like well lhat four.acres of ground be assigned to the green, six to ihe eath, four and four to either side, and twelve to the main garden. The green hath two pleasures: the one, because nothing is more pleasant to the eye than green grass kept finely shorn; the other, because it will give you a fair alley in the midst, by which you may go iu front upon a stately hedge, which is to enclose the gar den: but because the alley will be long, and, iu great heat of the year, or day, you ought not to buy the shade in the garden by going in the sun through the green; therefore you are, of either side the green, to plant a covert alley, upon carpenter's work, about twelve foot in height, by which you may go in shade into the garden. As for the making of knots, or figures, with divers colored earths, that they may lie under the windows of the house on that side on which the gatdeu stands, they be but toys: you may see as good sights many times in tarts. The garden is best to he square, encompassed on all the four sides with a stately arched hedge; the arches to be upon pillars of carpenter s work, of some ten foot high, and six foot broad, and the spaces be tween of the same dimensions with the breadth of the arch. Over the arches let there he an entire hedge of some four foot high, framed also upon carpenter's work; and upon the other hedge over every' arch, a little turuet with a bel ly enough to receive a cage of birds: and over every space between the arches some other little figure, with broad plates of round color ed glass gilt for the sun to play upou a bank, not steep, but gently slope, of some six foot,, set all wilh flowers". Also I understand, that this square of the garden should not be the w-hole breadth of the ground, but to leave on either side ground enough for diversity of side alleys, unto which the two covert alleys of the green may deliver you; but there must be no alleys with hedges at either end of this great enclosure; not at the hither end, for letting your prospect upon this fair hedge from the green; nor at the farther end, for letting your prospect from the hedgo through the arches upou the heath. For the ordering of the ground within the great hedge, I -leave it to variety of advising, nevertheless, that whatsoever form you cast it into first, it be not too busy or full of work; wherein I, for my part, do not like images cut out in juniper or other garden stuff, thet be for children. Little low hedges, like round welts, with some pretty pyramids, I like well; and in some places fair, columns, upon frames of carpenter's work. I would also have the alleys spacious and fair. You may have closer alleys upon the side grounds, but none in the main garden. I wish also, in the very middle, a fair mount, with three ascent3 und alleys, enough for four to walk abreast; which I would have to be perfect cir circles, without any bulwarks or embossments, and the whole mount to be thirty feet high, and some fine banqueting house, with some chimneys neatly cast, and without too much glass. For fountains, they are a great beauty and refreshment; but pools mar all, and make the garden unwholesome, and full of flies and frogs. Fountains I intend to be of two na tures; the one that sprinkleth or spouteth wa ter; the other a fair receipt of water, of some thirty or fourty feet square, but without fish, or slime, or mud. For the first, the ornaments of images, gilt or of marble, which are in use, do well: but the main matter is so to convey the water, as it never stay, either in the bowls or in the cistern: that the water be never by rest discoloured, green or red, or the like, or gather any mossiness or putrefaction; besides that, it is to be cleansed every day by the hand: also some steps up to it, and some flue pave ment about it do well. As for the other kind of fountain, which we may call a bathing pool, it may admit much curiosity and beauty, wherewith we will not trouble ourselves: as, that the bottom be finely paved, and with im ages; the sides likewise; and withal embellish ed with colored glass, and such things of lus tre; encompassed also with fine rails of low statues: but the main point is the same which we mentioned in the former kind of fountain; which is, that the water be in perpetual mo tion, fed by a watei higher than the pool, and delivered into it by fair spouts, and then dis charged away under ground, by some equality of bores, that it stay little; and for fine devices, of arching water without spilling, and making it rise in several forms, (of feathers, drinking glasses, canopies, and the like,) they be pretty things to look on, but nothing to health and sweetness. For the heath; which was the third part of our plot, I wished it to be framed as much as rrM-r bo to a natural wildnesa. 1Vo I would have none In It, but some thickets made only of sweetbriar and honey-suckle, and some wild vine amoniut: and the otouihI set with CT vioieis, strawberries, and primroses; for these are sweet, and prosper in the shade: and these are to be in the heath here and there, not in any order. I like also little heaps, in the na ture of mole-hills, (such as are in wild heaths,) to be set, some with wild thyme, some with pinks, some with germander, that gives a good flower to the eye; some with periwinkle, some with violets, some with strawberries, some with cowslips, some with daisies, some with red roses, some with lilium convallium, some with sweet-williams red, some with bear's foot, and the like low flowers, beiug withal sweet and sightly: part of which heaps to be with standards of little bushes pricked upon their top and part without: the standards to be roses, juniper, holly, berberries, (but here and there because of the smell of their blos soms,) red currants, gooseberries, rosemary, bays, sweetbriar, and such like; but these standards to be kept with cutting, that they grow not out of course. For the side grounds, you are to fill them with variety of alleys, private, to give a full shade; some of them wheresoever the sun be. You are to frame some of them likewise for shelter, that, when the wind blows sharp, you may walk as in a gallery: and those alleys must be likewise hedged at both ends to keep out the wind; and these closer alleys must be ever finely gravelled, and no grass because of going wet. In many of these alleys, likewise, you are to set fruit-trees of all sorts, as well upon the walls as in ranges; and this should be generally observed, that the borders where in you plaut your fruit-trees, be fair, and large, and low, and not steep; and set with fine flow ers, but thin and sparingly, lest they deceive the trees. At the end of both the side grounds I would have a mount of some pretty height, leaving the wall of the enclosure breast-high, to look abroad into the fields. For the main garden, I do not deny but there should be some fair alleys ranged on both sides, with fruit-trees, and some pretty tufts of fruit-trees, and arbours with seats, set in some decent order; but these to be by no means set too thick, but to leave the maiu garden so as it be not close, but the air open - - s 1 V 111 and free, r or as tor snaae, 1 wouia nave you rest upon the alleys of the side grounds, there to walk, if you be disposed, in the heat of jhe year or day; but to make account that the main garden is tor ine more temperate parts of the year, and, in the heat of summer, for the morning and tne evening, or overeat davs. For aviaries, I like, them not, except they h of that largeness as they may be turfed, and have living plants and bushes set in them; that th hirds mav have more scope and natural nestling, and that no foulness appear on the floor of the aviary. . . So I have made a platform of a princely garden, partlv by precept, partly by drawing; not a model." but some general lines of it; and in this I have soared for uo cost: but it is nothing for great princes, that, for the most hart taking advice with workmen, with no less cost set tneir unrig m8uii,uugvu.v times add statues, and such things, for state and magnificence but nothing to the true plea sure ot a garden. AGRICULTURAL.. FROM THE FARMER AND GARDENER.' ' VARIETIES OF INDIAN CORN. Here is an extract from a paper read be fore the Agricultural Society at Fredericks burg, Virginia. The kind of com cultivated, I believe to be of greater importance than is generally sup posed. Any Virginian who has travelled northwards, must have observed the difference between their crops and ours. He must have seen that the stalks dimmish in size, while the crop, per acre, obviously increases; and yet ours is notoriously the soil and climate for growing corn. I think the difference may be attributed to the kind of corn cultivated, a kind which enables them to plant much thick er than we do. Here most of us plant a large gourd-seed corn, shooting up a large stalk, bear ing generally one, occasionally two ears, and not admitting thick planting- There, the stalk is low, is planted very thick, and bears two, three, and four small flinty ears. Not farthet north than Pennsylvania, I have seen corn pla nted five feet by four, with three and four stalks in the hill. Counting three stalks at this dis tance, and allowing three ears to each, any given space, there, will yield seven or eight to our one; small ears certainly, but still large enough te account for the superiority in the product per acre. I commenced with the old full bred Virginia gourd-seed, and stuck to it for six or eight years; but finding that on com mon land many stalks were too late in curing, or did not ear at all, determined to change my seed. My next variety was the "Taliaferro white flint." This sort is touched with the gourd-seed, but it is superior to it in having a a smaller stock, ripening earlier, bearing more ears, and a harder and heavier grain. I then tried what is called the "Alsop corn," resem bling the Taliaferro in other respects, but somewhat smaller in stalk, and superior in number of ears. This corn I still plant. I made one exeperiment with the Maryland twin corn, and thought h as prolific as the Aisop; but the grain being lighter and the stalk taller, it was abandoned. Last winter I purchased in Washington a small quantity of "Baden com," and planted witn u a ricn 101 of two acres. It came up and grew off well was the tallest corn I ever saw, averaged five or six shoots to the stalk, and promised at one tima to make a ereat crop. But it suf fered nearly twice as much as the rest of my corn, from the heat or drought of the sum mer, and was broken off by a wind in Au gust, which did very little injury to the rest of the crop. It did not of course fill up or ripen well, and I fed it to hogs. But as it certaiuly had more shoots than any corn I ever saw, I have saved a small portion to plant again. Its great fault is its extraordinary height. If it can be brought down to a proper standard, re taining its great number ot shoots, it will pro bably turn out to be a very prolific variety. It will readily be seen, mat I consider thick er planting than common essential in making heavy crops of corn per acre. But thick planting with a large kind is out of the ques tion. At the same time, it must be borne in mind, that as we increase the number we di minish the size of the ears, and add to the la bor of husking. Every judicious farmer will decide, from experience, how far he can car- rv this process; and will stop as soon as he begins to doubt whether he is paid for his ad ditional labor. Dismissing all speculation on this point, I believe we may safely plants any small variety of corn, at the rate of one stalk to every ten square feet on tolerable land, which would give about 4360 stalks, and from six to ten barrels of grain to the acre. I will only add, in conclusion, that altdougn I have frequently been deterred bythe influence which custom exercises over the mind of every one, from planting corn as thick as I was inclined to, 1 have, in no one instance exceeded the usual rate without adding to the crop. Wm. P. TAYLOR. Caroline County, Va. POLITICAL. COLLECTION and DISBURSEMENT OF THE REVENUE. REPORT OF THE SELECT COMMITTEE. (Concluded.) It will doubtless be remarked, that the re solutions referred to this committee do not rnmnreheud the public lands within the sys tem which they propose. Perhaps it is as ..a . .1 A. .1 . .V. n. .1 . ... well, tor several reasons, inai iiiey SUUUU ui Ko ;nliirloH nt nresent. Iu the first place, difficulties might arise in the commencement of a system so novel, which would be easily overcome by the available cash funds afforded from the public lands, mis wouio, at iei, be highly useful until tne system oecame iu- miliar iu practice. Agaiu: the public mind is just now so unsettled in reiumm mode of disposing of these lands, that changes mioht occur, in relation to them, which would take them without the operation ot tne system, ndanted to them. Should the II it wci" 1 . present mode of disposing of these lands from .k (lonoml Government to the individual IUC VAW"-- purchaser be retained, it would not only be Whin thfi nrnnnspd system. The Olllv uictn i r j ... practical difficulty iu the case would be as to the means ot eutorcing punctual paymem ui .u KnnHe oiven for them when thev were due. I1IC liw.v.- O ,. . j It is believed that this might be accomplished MnLanrr ill A rarointia cpmi-a nnnal instead py um"6 r, . . of quarterly, and by the provisions hereatter suggested for enforcing the of these bonds when due, whether given by the highest bidder at the auctions? or by the purchaser on private entry. This miVht bo secured by providing, first, that so much mo ney should be paid at the execution of the bond as would secure the probable fulfilment of the contract; secondly, that the obligees who failed to pay these bonds when due, should be refused credit thereafter at the land offices thirdly, that neither patent nor 6 sessiou should be given until the payment of the money at the receipt-day when it was doe; and, fourthly, upon such failure at the proper day, that any other person might take patent for the lands, upon paying down immedfittery the sum due upon the bond. As It is not , proposed to include uVe Miblie lands now within the operation of the system, it will be needless to enlarge upon the provi sions just sketched in relation to them. Having reviewed the practical operation of this system, it may be well to examine, for a moment, its political and incidental effects: one of which, undoubtedly will be an entire separation of the banks and the general Go vernment. The separation must be complete, inasmuch as the Government will no longer have the means of . rewarding or punishing the banks through the use of its funds and credit, whilst the banks will lose the power of impeding the fiscal operations of the Govern ment when these are conducted without their agency. The General Government will then be entirely responsible for the success of its fiscal administration, and the banks will be subject to no power but that of the States which created them. So long as these arts dependent upon each other in interest, they must either sympathize in action, or a fierce war between the two will be inevitable; and in this the people must be the sufferers. The hanks, on the one handy being armed with the power of expand iug and contracting the . currency, and the General Government, on the other, either attacking their credit with the people, upon which their existence depends or arraying one set of banks against the othefj through the use 6f its funds, that it may con quer by their divisions; the consequence would be, either that the Government would acquire the power of the bauks, or the banks woold obtain that of the Government; and the people would be the sufferers in this contest for pow ers, which ought not to be united in either. , To arm the General Government with the power of the banks would be to destroy the balances of the constitution, whilst the reverse of this operation would not be tolerated after it was understood. The only possible mode of preventing the union of these powers is to separate them in action and interest an event so much to be desired that it ought to be ef fected even at a pecuniary loss to the keopIe, if that were necessary. But, in point of fact. this is not the case; and the separation now proposed is relieved from the objections, whe ther founded or unfounded, which were raised against the other modes heretofore suggested for accomplishing this, purpose. In the first place, this system does not horde up large amounts of capital in' specie, to lie idle in the hands of the Government; on the contrary, it leaves the public funds which are not wanted for immediate disbursement in the hands of the debtors: the Government, and not the banks, deriving the interest upon their use. Secondly. It does not afford the public of ficers the means of using these funds for pri vate purposes; inasmuch as very little money passes inrougn tneir nanas, ana men only tor immediate disbursement. Thirdly. It does not produce an inconve nient run upon the banks for specie, in the payment of public dues.' For so large a por tion of the collections and disbursements will be accomplished by a mere exchange of cred it, that the residue to be received in specie will be too small to be felt by the merchants or banks. And, fourthly. It does not permit the use of Treasury drafts as currency, as the existing laws have been supposed to justify; because it places such conditions upon these drafts as effectually prevent the conversion of Govern ment credit into currency, and limits its uses to the mere purposes of exchange. It merely introduces machinery to facilitate the exercise of the undoubted right of an individual to set off his claim upon the Government against a claim of the Government upon him; the right ot the x reasury to a raw upon us iuuas beiug more limited under the system proposed, than at present with the existing laws. As it is this feature Which abstracts the (govern ment as a disturber of the currency, and en ables it to administer its reveuue without in jury to the bauks, and unaffected by their . . ti . . conduct, n may oe wen to examine ns opera tion a little more closely. The pecuniary transactions of society are settled either in currency or by an exchange of credit. Those upon short notice and of small amount are usually settled in the former mode; whilst heavy transactions, distant ei ther in point of time or space, are most com monly set against each other. Xo the extent to which this exchange of credit is effected, the demaud for currency diminishes in a giv en amount of business. Indeed, the extent of this species of exchange may almost be con sidered as a measure of the improvement in commercial communities. It Is a general truth, to which, of. course, there are excep tions, that the individuals of a society sell as much as they buy. Whenever there is a debt due from an individual, it may safely be as sumed that another of equal amount is some where due to him. To collect and array these against each other, is a most important branch of trade. The facility for doing mis will in-