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NEW SERIES, VOL. IV.-WHOLE VOL. Χ.

NEW YORK:

PUBLISHED AT 118 NASSAU STREET.

1849.

E. N. Grossman, Printer No. 12 Spruce street.

INDEX.

A.

Administration of Washington.-1. (John M.
Mackie, A. M.) The declaration of the present
chief Magistrate to administer the government
after the example of the earlier Presidents,
ib.; Proof of the purity of Washington's re-
publicanism, 2; his opinion of the capacity of
men for self-government, 3; his anxiety on as-
suming the duties of the Presidency, 4; his
qualifications for the office, 5; great number of
candidates for official appointments, and his
rule in making selections, ib.; the regulation
of the Executive Departments, 6; regula-
tion of his own public business, 7; the condi-
tion of the country at the period when the
Constitution was adopted, 8; Washington's
desire to see the honor and faith of the country
untarnished, 9; appointment of Hamilton to
the Treasury Department,jib.; resolution of
the first Congress, directing the Secretary of
the Treasury to report a plan for establishing
public credit, 10; his plan for paying the pub-
lic debt, 11; opposition to it, ib.; Washington
approves the plan of a national bank, 12;
party opposition to the administration, 13;
disastrous consequences from the opposition,
14; the opposition encourage the people to
approve of the excesses of the French Repub-
lic, 16; foreign policy of the country, 17; pro-
clamation of neutrality, ib.; citizen Genet, 19;
attempts of the French government to involve
this country in the European quarrel, 20; Bri-
tish arrogance, 21; opposition clamorous for
war, ib.; Washington opposed to it, ib.; he
sends Jay to England, who negotiates a treaty,
22; treaty furiously denounced by the oppo-
sition throughout the country and in the House
of Representatives, 23; Washington declines
to furnish information to that body respecting
the treaty, 24; sustained in this course by the
yeomanry, 25; doctrines of his Farewell Ad-
dress, ib.; the early democrats that raised the
cry against Washington, 26, et seq.

Anderport Records, No. I, 235-No. II, 345-No.
III, 459, No. IV., 571.
Austen, Jane (Review, G. F. Deane,) 621.

B.

British Provinces, trade with, (George W. Potter,)
80. The general effect of free trade, ib.;
English policy, ib.; articles of American ma
nufacture required in the British Provinces, and
the prices at which some of them are sold in
the United States, 81; population and expense
of governing the thirteen original States at the
time of the last general census, 82; compari-
son between the increase of population of the
British Provinces and of the United States, ib.;
advantageous to the British Provinces to govern
themselves rather than enter the American
Union, 83.

C.

California, California, 99; 643.
Canada, 438; 540.
Canal Policy of the State of New York, 651.
Circassia, 207.

Clay, Hon. H., Speech of, at the Law-School, at
Ballston Spa, N. Y.

Coleridge, his Life and Writings, (Reviewed by J.
D. W.,); chapter I., 532-chapter II., 633.
Confederacy the, (W. H. Simmons,) 296; the
people, being politically irresponsible, possess
an influence opposed to the stability of the
confederacy, ib.; their tendency to encroach on
the Constitution, ib.; the preponderance ac-
quired by the people as a mass, incompatible
with a federal form of government, 297; the
Union is one of sovereign independent states,
ib.; the Constitution is not of national origin,
D.

Dismissal of the French Minister, M. Poussin, 433.
Dreams, (A. M. W.,) 38.
Dream, A 373.
Drover's Carpet Bag, 125.

E.

Economy of Banking, Credit and Currency, (Am-
miel J. Willard,) 513; the mathematical cha-
racter of mind of the present age, ib.; the

spirit of the age has pronounced against forms
and complexities, ib.; systems must be adapt-
ed to the moral nature of man, 514; credit is
the first law developed in infancy, ib.; it is the
great law of industrial intercourse, ib.; a defi-
nition of what constitutes capital, 515; influ-
ence of the modern commercial system on ci-
vilization, ib.; the union of capital with labor,
ib.; origin of a joint stock bank, 516; indivi-
dual bankers, ib.; those who occupy an inter-
mediate position between capitalists and la-
borers, ib.; a formula illustrating the credit
system, 517; invention of a paper circulation,
ib.; specie, ib.; the general operation of the
banking system, 518; the present banking
system of the State of New York a great im-
provement, 519; capital belongs to posterity,
ib.; two modes of employing capital-one, by
possessing it; the other, by producing credit
upon it, ib.; a class of credits among mercantile
men, 520; speculation not fairly attributable
to banking, 521; the law of competition is not
sufficient to secure the best condition of bank-
ing, but legislation is required to attain this
end, 522.

turalists, ib.; the advantage of working up the
raw material to the last degree, 641; surplus
productions seek foreign markets, ib.; in com-
merce risks generally fall on the producer, ib.;
commerce is the most profitable where there is
the most universal market, 642; food does not
command a universal market, ib.; manufac-
tured articles have a larger choice of markets,
ib.; food is too perishable to be a good article
for exportation, ib.; manufactured goods are
less destructible, ib.; the productiveness of a
country is measured by the value which labor
gives to raw materials, ib.; the chief commerce
of our country must be for luxuries and not for
necessaries, 643.-California, its prospective
condition, ib.; it cannot be a commercial coun-
try, 644; the profits of the mines cannot sup-
port a large population, ib.; the expense of
digging gold and the inadequacy of the return,
ib.; what benefit will California confer on this
country? 646; not for the gold it supplies to
the world, ib.; the value of gold will depre-
ciate with any large increase, ib.; the only ad-
vantage of acquiring California would appear
to be that it may speedily open a great na-
tional road across the continent, and facilitate

trade with Oregon and China, ib.
Elam, J. H., Letter of to Mr. Foote, 555.
European Life and Manners, (Review-A. M..
Wells,) 159.

F.

Faith, a Hymn, (James Staunton Babcock,) 277
Freiligrath, (Review, William Barber,) 361.

G.

H.

Economy, Public-Short Chapters on, (J. D. W.,)
221; the basis upon which this government
rests and the powers granted by the Constitu-
tion, ib.; the Senate, 225; political economy,
227; division of employments, ib.; the relative
importance of occupations, 228; the powers of
government are protective and creative, 229;
the product of the land should be consumed
upon the land, 446; illustration of this princi-
ple, ib.; increase of national wealth, 447; the
mode in which this may be best effected, 448;
trade, commerce, navigation, and transporta-
tion, 450; it is better to manufacture every- Goldsmith, Oliver, (Review, J. D. W.,) 498.
thing at home, 451; currency, balance of trade,
452; organization of industry, 454; it is con-
trary to facts that low prices with large pro-
duction is a state of things favorable to the
operative, 637; the smaller the capital in busi-
ness, the larger must be its return, ib.; com-
petition and large production reduce prices, ib.;
low prices reduce wages, 638; causes that
disturb the regular operations of industry, ib.;
the effects of duties, ib.; we cease to import
when we can manufacture at cheaper prices,
ib.; the adjustment of the present tariff, 639;
the ad valorem duty, and its natural effect of
diminishing the duty with the reduction of in-
voice prices, ib.; it encourages foreign and dis-
courages home manufacturers, ib.; it is a mis-
take to suppose that the trade and commerce
of a country will diminish with the increase of
its manufactures, ib.; to judge of the real
prosperity of a country, we have only nly to know
whether its industry is well employed, ib.; the
commercial power of a country depends on its
ability to produce and to command a market,
ib.; the distribution of employment tends to
increase the productive power and production,
640; prohibition by tariff, of a foreign manu-
facture, in such a country as ours, creates a
home manufacture, ib.; this improves the con
dition of agriculture, by increasing a home
market and lessening the number of agricul-

Hilliard, Hon. Henry Washington, of Alabama,
biographical notice of, 610.

History of Parties, (Enoch Hale,) 331; Notice of
Williams' Addresses and Messages of the Pre-
sidents of the United States, ib.; divisions in
the Convention upon the acceptance of the
Constitution, 333; Federalist and Anti-Fede-
ralist, 334; origin of the terms Republicans
and Democrats, ib.; the federalists had a ma-
jority in Congress during the administration of
Washington, ib.; Alien and Sedition Laws,
335; the Administration of John Adams, ib. ;
difficulty with his Secretaries of War and
State, ib.; election of Jefferson as President
and Burr as Vice President, 336; Jefferson's
policy was to conciliate the moderate portion
of the opposition, ib.; embargo, 337; Madison
elected President, ib.; encouragement of home
manufactures, 338; declaration of war with
England, ib.; peace party, 524; De Witt
Clinton nominated by the New York republi-
cans and by a general Convention of federal-
ists, in opposition to Madison, ib.; Clay elected
Speaker of the 13th Congress, ib.; Hartford
Convention, 525; effect of the war upon the
opinion of the republicans, ib.; National Bank,
526; Tariff, ib.; the election of Monroe as

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Political Miscellany, 98; 203;311; 433; 540.
Politicians, a Lesson for, 252.
Present State of Trade, 231.

Presidential Veto, 111. The Veto power is pre-
sumptively useful, because it is part of the
system of government, 114; it is positively
useful, because it protects the presidential pow-
er, and curbs that of congress, ib.; the sys-
tem is inherited from our English ancestors, ib.;
the people are the motive but not the directive
power, ib.; there is but little practical differ-
ence between absolute monarchy and absolute
democracy, 115; in the separation of the pow-

ers of government, we have conformed to the
English model, ib.; the people are seldom on
their guard against legislative usurpations, 116;
tendency of legislative bodies to absorb the
powers of the state, ib.; the statesmen who
framed the constitution saw the necessity for
the Veto, 117; majorities require to be re-
strained, 118; our danger lies in too much le-
gislation, ib.; the affairs of government are now
managed by party, 119; party feelings may in-
fluence the Executive and sometimes prevent
the use of the Veto, 121; the veto power is
merely negative, ib.; note by the editor, 122.
Public Econoy, Short Chapters on, (J. D. W.,)
221, 446, 637.

POETRY.--The Pleasant Deceit, (A. M. W.) 29;
Dreams, (A. M. W.,) 38; Sonnet, 56; Sorrow,
(A.M. W.,) 124; Faith, A Hymn, (James Staun-
ton Babcock,) 277; Stars, (A. Μ. W.,) 457; Το
a Spider at Sea, (W. V. W.,) 458; Two Pic-
tures, (A. M. W.,) 496; Titian's Assumption,
(William Butler Allen,) 592.

PORTRAITS.-(For July,) Hon. George W. Craw-
ford: (for August,) Hon. William M. Meredith:
(for September,) Hon. William B. Preston: (for
October,) Hon. Roger S. Baldwin: (for Novem-
ber, (Hon. George N. Briggs: (for December,)
Hon. Henry Washington Hilliard.

R.

Read's Poems, (Review,) Daniel Strock, 301.
Republic, The, (H. W. Warner,) No. III. The
primary platform, 39; in the early state go-
vernments, the power alloted to rulers was gene-
rally settled by common law, ib.; the articles of
confederation were too weak for the ends pro-
posed, ib.; the federal constitution stronger, 40;
the state sovereignties were now ended, ib.;
the people and not the states are the constituents
of the general government, 42; each member
of congress represents the whole people of the
country, 44; distribution of government power,
46; state jurisdiction a safety valve to the fed-
eral boiler, 47; difference between the federal
and state systems, ib.; conservative policy of
the early constitutions of the states, 49; patron-
age of state appointments, 51; appointment of
judges, ib.; the franchise of the polls limited,
52; qualifications of voters, ib.; terms and ten-
ures of official life in the early period of the
republic, 53; common law a bill of rights, 54;
amending constitutions less popular formerly
than now, ib.; things as they are at present
compared with the past, 278; relative propor-
tions of individual states and the Union, 280;
the central government could only acquire dis-
proportional pre-eminence by a policy of war,
or of territorial acquisition, 282; slavery, 286;
mutation is now the order of the day, 287.
Retribution, or the Vale of Shadows, (A. M. Wells,)
REVIEWS. - Kavanagh, 57; European Life and
Manners, 159; Memoirs of my Youth, (G. F.
Deane,) 182; Read's Poems, (Daniel Strock,)
301; Freiligrath's Poems, (William Barber,)
361; Irving's Life of Oliver Goldsmith, (J. D.

376.

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