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The following stanzas, by ('maker, the poetical cor
respondent of ,l \e New-York Kveiling I'ost, prove
that he can he grave as well as gay, ami with equal
felicity . —v ßational Intelligencer.
STANZAS.
There is an evening-twilight of the heart,
\V hen its \i ild passion-waves are lull’d to rest;
And th<‘ eye views life’s fairy ‘ enes depart,
As fades the day-beam in the rosy west.
*Tis w it It a nameless feeling of regret
We gaze upon then as they melt away;
And fondlv would we hid them linger yet,
Hut hope ii round us with her angel-lay,
Hailing afar some happier moonlight hour;
Dear are her whispers still, tho’ lost their early pow er.
In youth, the cheek was crimson’d with her glow,
Her smile w as loveliest then—her ma in song
AY as heaven’s own music, and the note of woe
Was all unheard her Eden-bowers among.
Life’s little world of bliss was newly born:
AVe knew not —eared not —it was born to die—
Flush’d with the breeze—wet with the dews of morn;
A\ ith dancing heart wc gazed on the pure ski,
And mock’d the passing clouds thatdimm’d its blue—
Like our ow n sorrow s then, as fleeting and as few.
And manhood felt her sway too: On the eye
Half realiz’d her early dreams burst bright;
Iler promis’d bower of “happiness seem’d nigh,
Its days of joy, its vigils of delight;
And though at times might lower the thunder storm,
And 1 lie red lightnings threaten —still the air
AY'as balmy with her breath; and her lov’d form,
The rainbow of the heart, was hov’ring there.
’Tisin life’s noon-tide she is nearest seen;
Her wreath, the summer flower; her robe, of summer
green.
But, tho’ less dazzling in her twilight dress;
There’s more of heaven’s pure beam about her now;
That angel-smileof tranquil loveliness
\\ Inch the mind dreams of glowing on her brow';
That smile will mingle with the evening star,
That points our destin’d tomb; nor e’er depart
’Till the faint light of life is fled afar,
And hush’d the last, deep heating of the heart—
The meteor-hearer of our parting breath—
A moon-beam in the mid-night storm of death. C,
From the Boston Palladium.
cC)M ME R CIA LA FF AIRS.
M essrs. Editors —In my last I considered
the embarrassment of trade, as arising from the
fictitious capital thrown into the money market,
by the bank of the United States. I meant this
as a general proposition, applying ‘o the country
at large, but it might have been proper to have
ext opted this section of tin: United States, where
a small part of that capital, comparatively, have
been issued. It may be added also, that the local
banks here, in Philadelphia, New-York, &c.
have fallen into the same error, though not to
the same extent; and that they having loaned
more than the natural circulation of the country
could absorb and employ, they also furnished
means of obtaining specie for the East India trade,
to many who could not otherwise have engaged
in it—hence, where an unfavorable state of trade,
causes a general demand lor specie to be ex
ported; their gold and silver, (which, as has been
said, is llu- only criterion of bank ability to loan
money) is reduced, and they are compelled to
call on their debtors for payment. Money must
be obtained, and in order to obtain it, the sellers
of goods underbid one another, and prices are
not only low, but goods absolutely unsaleable—
kind those who have depended on the banks for
though solvent, are often extremely em-
and sometimes cannot get the* money,
at a great loss, to meet their debts. But
bank of the United Slates has afforded
> aler i in on i .i:m on m i • ovcitradr ili.m
state bank-.; becaiis:
Bnpi'ai in se< tio. sot ts. euntn., n here it
< onv < *U and into la. if, : huiv s. p's! tai ear .
||ggj|flu-loi U S. steam boats, and other li\e<! < api
whii hit cannot, but with the greatest
it at all. lm v itluh aw n; In sides inereas-
an enormous dcgiee, the money price of
Wr great staples far beyond their relative value,
Wunpared with European prices. The reactions
of this state of affairs is one considerable cause
of the embarrassment and distress now complain
ed of, greater in the southern and western states
than here; because merchandize can be more
easily concerted into specie, (especially by ex
porting our merchandize, it low, to foreign ports,
in exchange for specie, if not to bt
than can fixed property. JflMl
On the second heaUithatoimpoiTum:rcial em
barrassment is ow ing, a real
decline of our export* EuWfpe, be
said. Those \oft have exported largely, and
have sustainecfsuch losses as to
vent, must ol necessity tail; those w tidSoui sus
tain these losses and remain solvent, must put up
with a diminution of capital, and be content with
fthe moderate profits which a regular trade, in
wanes of peace, generally offers.
I In regard to the article of cotton, the very high
which it has maintained in Europe, tor
j®ne years, has undoubtedly tended to increase
cultivation of that article in India and South
Kmcrica. In 181 b, the imports into Great Biit
i?in from the former, exceeded those of 1817 by
127,000 bags, and from Brazil, the imports of
cotton into Great Britain in 1 81 <B, exceeded those
©f!Bl7, by 45,000 bales. From the United
Slates, the import of 1818, exceeded that of 1817,
bv 8,000 bales. The average importation into
Great Britain from all parts, in the years 1802
to 1814, inclusive, was about 2.50,000 bales an
nually; in 1815 and 1816, 370,000 bales; 1817,
480,005 bales; 1818, 668,000 bales. This state-
Lrnent, taken from the circular of an intelligent
in Liverpool, shews a great increase
ti-.n ut the <
and may lead m Uu- infi rn ni e,
■ I
, i. .
mok
m .
men, should intervene, to control the operation
of general causes.
The third cause assigned for the present em
barrassed state of the commerce of the United
States, is that the India trade, now, or of late,
the principal branch of the trade of this country,
is carried on with specie. It is not the trade it
self to places beyond the Cape of Good Hope,
which is injurious to the country, but its unnat
ural extent. If the channels of the natural com
merce ofa country arc all filled, (and by the na
tural commerce I mean the exchange of its sur
plus produce and manufactures of other coun
tries) and there still remains unemployed capital,
it is of advantage to the country, as it is to the in
dividual, that such capital should be employed
in foreign trade, even although it is carried on
piincipally, or entirely, with the precious metal.
It is as il, in a great canal, there should be a
great deal more water in the main body and its
branches, than is necessary to float all the vessels
which navigate it; all the water which can be
spared, to run into anew branch, is evidently a
new mode of increasing the communication, and
consequently the trade of the country; but if so
much water is drawn off as to lessen the depth of
the main canal, and to dry up the smaller old
branches, it is plain, too much of the fluid has
been drawn into the new branch. Flad the com
merce in specie, been confined to men of actual
capital, the trade beyond the Cape of Good Hope
would be equally advantageous to the adventur
ers, as to the public, because, in such case, it
would be confined within reasonable bounds, but
when carried on with borrowed capital, and the
lenders finding a sudden demand for money call
on the borrowers, it becomes difficult and often
impossible, without great sacrifices, to pay evjn
a part of the money borrowed; the money has
been converted into specie, it is either on the pas
sage out, or else on the passage home, or at home
in the shape of merchandize on which the diffi
culty of raising money is precisely in the ratio
ol the want of the seller.
Unquestionably similar embarrassments would,
and do arise to those who depend too much on
bank loans for capital in other branches of trade,
but as the returns in the home trade, can be con
verted into money, usually in three or four months,
and in the European and West India trade, in 6
or 8 months, (but in the East India trade not un
der 18 or 24 months.) It is plain the money can
be much quicker obtained by a reduction in price
of the former than the latter; not that if the pro
duce of Asia is placed at low prices, it will not
always command the money equally, with the
produce of Europe or America—but that many
persons in this trade, wanting the money, have
not the quid pro quo to give, till they receive
their returns, which may be too late for them.
On this head, it may be proper here to observe,
that however beneficial to the country a trade
carried on principally, or exclusively, with spe
cie, may be, it is not to be put in competition,
with cither the domestic trade, which consists in
the exchange of the produce of the labor of one
part of the country, for the produce of the labor
of another part of the country; or of that branch
of foreign commerce, which consists in the ex
change of the surplus produce of the labor of
this country, for the surplus produce of the labor
of any foreign country; and this, because the in
terest of the oountry is promoted, not by the ac
cumulation of capital or profits, in the hands of
one, or a few persons, but by the diffusion of cap
ital or profits amongst the great mass of the peo
ple.—An India ship, with her outfits and specie
on board amounting to 300,000 dollars, will put
in motion a very much less portion of the active
industry of the country, than thirty West-India
men. In the former case, a few mechanics and i
others are benefited; in the latter, a great num
ber of all the mechanics connected in shipping
are benefited, besides the farmer, the fisherman,
the lumber cutter, the coaster, the wharf and
store-owner, the pilot, and an infinite number of
trades, which furnish them with varions articles
of consumption. It is, therefore, more benefi
cial to the country, though probably less so to a
few individuals, to encourage a trade with those I
countries who will buy all our surplus produce,!
for what we want, of them, even at somewhat
higher prices thah the articles wanted can be
purchased elsewhere. It is this sound policy
which induces Great Britain to receive freely
the cotton, threads, &c. of this country; she ex
changes the surplus produce of her own labor,
for the surplus produce of our labor—-could she,
as very prpbably can be done, raise all the va
rieties of cotton in her different colonies, espe
cially Hindustan, it would be far k -beneficial
U) her than to take xotton of us. In the former
case, she would have to pay her colonics in spe
cie, the production of which would have no bene
ficial effect on the active industry of her people,
in the latter case, she exchanges the produce of
their active labor, for the produce of the active
labor of the people of this country.
The exposure to capture in case of sudden
hostilities, is another serious objection to the In
dian trade. The loss of capital is such an event,
as would be very seriously felt here; whereas in
the European and West-lndia trade, such a state
of affairs would soon be known, and shelter would
be sought and found in neutral ports.
Avery serious evil in the Indian trade, is, the
effect it produces of encouraging the consump
tion of luxuries, paid for in money; and hence
to the state of affairs which many suppose exist
in regard to the United States, that we buy more
than we sell. Luxury is almost an indefinable
word, and it is not here intended to reprobate the
use, by those who can afford the expense of al
most any article. Politically speaking nothing
is a luxury to a man whose expenses do not ex
ceed his income; but if his expenses continue to
exceed his income, it is certain that in process
of time he must become impoverished; and it is
equally true of the community as of an individual.
The subject will be continued hereafter.
From the Baltimore Morning Chronicle.
NAVY AND ARMY.
Our government have, in their management
cf the naval and military department, given a
pledge to their country, that the celebrity of our
gallant officers shall not be tarnished in their
hands. While frigates and seventy-fours are on
the stocks preparing, and at no distant clay to join
the squadron, those ships of war already built,
are scouring the Atlantic ocean in almost every
direction. The American constellation sparkles
in every firmament, and nations have become fa
miliar to jthe spectacle, to whom but a short time
ago, the name of an American was almost un
known. £)n the return of one frigate, another
commanded by new officers, proceeds to sea;
so that both commanders and men are daily and
hourly learning more experience and more dis
cipline. This regulation forms a sort of nursery
for gallant spirits, and prepares them to execute
with skill and promptitude the orders of their
government, whenever it shall become necessary
to have recourse to arms. The fine order in
which our ships have been preserved during the
course of these long voyages, have extorted the
most unqualified tes’.imonials of applause from
our English rivals. On the entry of r.n Ameri
can ship of war into a foreign port, the usual tes
timonials of respect, that is, gun for gun, is al
ways punctiliously demanded, any surrender of
thisspecies of naval etiquette, implies an acknow
ledged national superiority on the part of the of
ficer consenting to such a sacrifice. Our gallant
commanders, even when passing the tremendous
fortress of Gibraltar, are so delicate on this point,
that they demand as a preliminary, the return of
their salute with an equal number af guns. A
spirit of competition is thus excited amongst
these men, and while foreign nations behold the
American standard so proudly insisting on its
rights and prerogatives, we are at every hour
better prepared for war, and our character is ac
quiring firmness and consistency. A victory is
oftentimes not so important to a country, as this
jealous sense of etiquette in the reception and re
turn of these national salutations. However glo
rious a triumph may be, a disgraceful treaty ex
punges all its brilliance; but this equality of
which we have been speaking; this determina
tion never to consent to the sacrifice of honor,
preserves in all its integrity in time of peace, that
reputation which was acquired in battle. It fa
miliarizes the mind to lofty contemplation, and
enables the commander of a national frigate, to
meet the governor of the fortress of Gibi altar on
equal terms. A principle so zealously contend
ed for in peace, will not lightly be abandoned in
war.
Nor can the remark with justice be made, that
our military officers enjoy the repose of the Sy
barite, who complained that he could not rest be
cause the rose leaves lay doubled ‘under hint.
Immense military roads are now forming on our
northern frontier; fortifications erecting on the
moat eligible and commanding sites; skilful en
gineers are employed to mark out the place
most convenient for the erection of batteries; ex
ploring parties, under the authority and sanction
of the gove. nment, are sent out to trace the wind
ings of our mighty rivers to their sources, to
guard and protect those who embark in such ex
peditions for scientific researches; to hold in awe
and check the protvling savages, who, from their
native woods behold with agitated eyes the ad
vances of our greatness; others traverse our im
mense range of sea-coast to build fortifications
for the-protection of the most vulnerable points.
This is assigned to the duty of the military com
mander, and in the discharge of this duty, they
hold a competition with the naval. If these men
preserve a proper subordination to the legislative
authority—if they remember the station they oc
cupy in the body politic—that they are not the
head to dictate, but the arm to execute, the most
zealous friend of free government would see in
all this nothing to alarm. It is only when con
gress themselves seem disposed to relinquish
their constitutional rights, and when emboldened
by such imbecility, the military are enabled to
| attempt to terrify and to overawe that legislature,
! that the advocate of real liberty trembles. What
; no power on earth can deprive us of, we are al
ways competent to abandon ourselves.—Our le
gislators should remember, that the great ener
gies residing either in physical or in moral na
ture, to be productive of benefits, must be under
the superintendence of a controlling power—a
steam-boat has its safety valve. But the direct,
the infallible road to ruin is, to permit such for
midable engines to have their own play. The
most rancorous enemy of our infant republic,
would not wish to discover a more certain symp
l tom of our national dissolution, than any timidity
expressed by the guardians of their country’s
welfare with regard to the investigation of such
important points as the subordination of the naval
or military to the civil department. Generals or
commodores, while acting in that capacity, were
never intended to be legislators. Accustomed
to command in their respective spheres, and to
absolute obedience, they can bear no contradic
tion; their word is paramount to law; let them
exercise this power where it can be exercised;
let them be subordinate to the legislative body;
and in this, and in this alone, will their real, solid,
permanent glory consist.— Their reputation can
only be buiit on the prosperity ot that country
which they decorate and defend; they are indis
solubly united —there are but two alternatives,
the hero and the tyrant! Whenever the time shall
arrive that congress, in a contest either with the
military or naval powers ot this country, dares
not assert its full constitutinal dignity and prero
gative, to adopt a figure of speech already used,
we will say, tnat our political steam-frigate has
lost her safety-valve.
JOB-PRINTING
EXECUTED
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For publishing by subscription,
BY JOHN BINNS,
A SPLENDID EDITION OF THE
DECLARATION OF INDEPENDENCE.
THE size of the paper is 36 inches by 24; it has been
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and of the very best materials.
The design from ihe pencil of Mr. Bridpokt, is exe
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emblems. On one side of this medallion portrait, is a
similar portrait of JOHN HANCOCK, president ot con
gress, July 4, 1776; and on the other, a portr*’ ot
THOMAS JEFFERSON, author of the declaration of in
dependence.
The armsof“the thirteen United States,” in medalhon,
form the remainder of the cordon, which is further en
riched by some of the characteristic productions of the
United States; sucli as the tobacco and indigo plants,
the cotton shrub, rice, Sec. Sec.
The facsimiles have been engraved by Air. Vallancu
who executed this of the publication at
the city of Washington, whekg. by permission of the
secretary of state, hey had tires original signatures
constantly under his cyte
“ Department of State, ltk/i April , 1819.
“/ CERTIFY, that this is a coruser copy of the origi
nal declaration of independence, deposited at this depart
ment; and that / have compared all thf signatures nith
those of the original, and have found them exact imita
tions. JOHN QUINCY ADAMS.’*
The portraits are enslaving by Mr, Longacre, from
original paintings by Mess*. Stuart, hlopleu, and Qjj/i, and
the most esteemed likenesses. . ,
The arms of the United States, jKdyf the several
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It is confidently expected mat this engraving will be,
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er thinks he can uifmnse that it shall be ready to deliver
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TEN copy, to be paid on delivery.
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