AMERICAN REVIEW:

A WHIG JOURNAL,

DEVOTED TO

POLITICS AND LITERATURE.

TO STAND BY THE CONSTITUTION."

NEW SERIES, VOL. IV.—WHOLE VOL. X.

NEW YORK:

PUBLISHED AT 118 NASSAU STREET..

1849.

E. N. Grossman, Printer

No. 12 Spruce street.

Administration of Washington.—1. (John M. British Provinces, trade with, (George W. Potter,)

Mackie, A. M.) The declaration of the present 80. The general effect of free trade, ib.;
chief Magistrate to administer the government English policy, ib. ; articles of American ma-
after the example of the earlier Presidents, nufacture required in the British Provinces, and
ib. ; Proof of the purity of Washington's re- the prices at which some of them are sold in
publicanism, 2 ; his opinion of the capacity of the United States, 81 ; population and expense
men for self-government, 3 ; his anxiety on as- of governing the thirteen original States at the
suming the duties of the Presidency, 4; his time of the last general census, 82 ; compari-
qualifications for the office, 5; great number of son between the increase of population of the
candidates for official appointments, and his British Provinces and of the United States, ib.;
rule in making selections, ib.; the regulation advantageous to the British Provinces to govern
of the Executive Departments, 6; regula- themselves rather than enter the American
tion of his own public business, 7; the condi- Union, 83.
tion of the country at the period when the
Constitution was adopted, 8 ; Washington's

0.
desire to see the honor and faith of the country
untarnished, 9; appointment of Hamilton to California, 99 ; 643.
the Treasury Department,jib. ; resolution of Canada, 438 ; 540.
the first Congress, directing the Secretary of Canal Policy of the State of New York, 651.
the Treasury to report a plan for establishing Circassia, 207.
public credit, 10; his plan for paying the pub- Clay, Hon. H., Speech of, at the Law-School, at
lic debt, 11 ; opposition to it, ib.; Washington Ballston Spa, N. Y.
approves the plan of a national bank, 12; Coleridge, his Life and Writings, (Reviewed by J.
party opposition to the administration, 13; D. W.,); chapter I., 532_chapter II., 633.
disastrous consequences from the opposition, Confederacy the, (W. H. Simmons,) 296 ; the
14; the opposition encourage the people to people, being politically irresponsible, possess
approve of the excesses of the French Repub- an influence opposed to the stability of the
lic, 16; foreign policy of the country, 17; pro- confederacy, ib. ; their tendency to encroach on
clamation of neutrality, ib. ; citizen Genet, 19; the Constitution, ib. ; the preponderance ac-
attempts of the French government to involve quired by the people as a mass, incompatible
this country in the European quarrel, 20; Bri- with a federal form of government, 297 ; the
tish arrogance, 21; opposition clamorous for Union is one of sovereign independent states,
war, ib.; Washington opposed to it, ib.; he ib.; the Constitution is not of national origin,
sends Jay to England, who negotiates a treaty,

D.
22; treaty furiously denounced by the oppo-
sition throughout the country and in the House Dismissal of the French Minister, M. Poussin, 433.
of Representatives, 23; Washington declines Dreams, (A. M. W.,) 38.
to furnish information to that body respecting Dream, A 373.
the treaty, 24 ; sustained in this course by the Drover's Carpet Bag, 125.
yeomanry, 25 ; doctrines of his Farewell Ad-
dress, ib.; the early democrats that raised the

E.
cry against Washington, 26, et seq.
Anderport Records, No. I, 235—No. II, 345–No. Economy of Banking, Credit and Currency, (Am-
III, 459, No. IV., 671.

miel J. Willard,) 513; the mathematical cha-
Austen, Jane (Review, G. F. Deane,) 621. racter of mind of the present age, ib.; the

ib.;

spirit of the age has pronounced against forms turalists, ib.; the advantage of working up the
and complexities, ib.; systems must be adapt- raw material to the last degree, 641; surplus
ed to the moral nature of man, 514; credit is productions seek foreign markets, ib.; in com-
the first law developed in infancy, ib.; it is the merce risks generally fall on the producer, ib.;
great law of industrial intercourse, ib.; a defi-

commerce is the most profitable where there is
nition of what constitutes capital, 515; influ- the most universal market, 642; food does not
ence of the modern commercial system on ci- command a universal market, ib.; manufac-
vilization, ib.; the union of capital with labor, tured articles bave a larger choice of markets,
ib.; origin of a joint stock bank, 616; indivi.

food is too perishable to be a good article
dual bankers, ib. ; those who occupy an inter. for exportation, ib.; manufactured goods are
mediate position between capitalists and la- less destructible, ib.; the productiveness of a
borers, ib.; a formula illustrating the credit country is measured by the value which labor
system, 517; invention of a paper circulation, gives to raw materials, ib.; the chief commerce
ib.; specie, ib.; the general operation of the of our country must be for luxuries and not for
banking system, 518; the present banking necessaries, 643.-California, its prospective
system of the State of New York a great im- condition, ib.; it cannot be a commercial coun
provement, 519; capital belongs to posterity, try, 644; the profits of the mines cannot sup-
ib.; two modes of employing capital-one, by port a large population, ib.; the expense of
possessing it; the other, by producing credit

digging gold and the inadequacy of the returo,
upon it, ib.; a class of credits ainong mercantile ib. ; what benefit will California confer on this
men, 520; speculation not fairly attributable

country! 646; not for the gold it supplies to
to banking, 521; the law of competition is not the world, ib. ; the value of gold will depre-
sufficient to secure the best condition of bank.

ciate with any large increase, ib.; the only ad-
ing, but legislation is required to attain this vantage of acquiring California would appear
end, 522.

to be that it may speedily open a great na-
Economy, Public Short Chapters on, (J. D. W.) tional road across the continent, and facilitate

221; the basis upon which this government trade with Oregon and China, ib.
rests and the powers granted by the Constitu- Elam, J. H., Letter of to Mr. Foote, 556.
tion, ib. ; the Senate, 225; political economy, European Life and Manners, (Review-A. M.
227; division of employments, ib.; the relative Wells,) 169.
importance of occupations, 228; the powers of

F.
government are protective and creative, 229;
the product of the land should be consumed Faith, a Hymn, (James Staunton Babcock,) 277
upon the land, 446 ; illustration of this princi- Freiligrath, (Review, William Barber,) 361.
ple, ib.; increase of national wealth, 447; the
mode in which this may be best effected, 448;

G.
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-

H.
trary to facts that low prices with large pro-
duction is a state of things favorable to the Hilliard, Hon. Henry Washington, of Alabama,
operative, 637; the smaller the capital in busi- biographical notice of, 610.
Dess, the larger must be its return, ib.; com- History of Parties, (Enoch Hale,) 331; Notice of
petition and large production reduce prices, ib. ; Williams' Addresses and Messages of the Pre-
low prices reduce wages, 638; causes that sidents of the United States, ib.; divisions in
disturb the regular operations of industry, ib.; the Convention upon the acceptance of the
the effects of duties, ib.; we cease to import Constitution, 333; Federalist and Anti-Fede-
when we can manufacture at cheaper prices, ralist, 334 ; origin of the terms Republicans
ib.; the adjustment of the present tariff, 639; and Democrats, ib.; the federalists had a ma-
the ad valorem duty, and its natural effect of jority in Congress during the administration of
diminishing the duty with the reduction of in. Washington, ib.; Alien and Sedition Laws,
voice prices, ib.; it encourages foreign and dis- 335; the Administration of John Adams, ib. ;
courages home manufacturers, ib.; it is a mis-

W

M.

President, 527; the federal party was now ers of government, we have conformed to the
nearly extinct, 528; new parties began to form English model, ib.; the people are seldom on
out of the administration supporters, 529; their guard against legislative usurpations, 116;
John Q Adams elected President and Clay tendency of legislative bodies to absorb the
made Secretary of State, 530.

powers of the state, ib.; the statesmen who

framed the constitution saw the necessity for
I.

the Veto, 117; majorities require to be re-

strained, 118; our danger lies in too much le-
Imprudent Caliph, 200.

gislation, ib.; the affairs of government are now
Influence of Music, (H. S. Saroni,) 390.

managed by party, 119; party feelings may in-

fluence the Executive and sometimes prevent
K.

the use of the Veto, 121; the veto power is

merely negative, ib.; note by the editor, 122.
Kavanagh, a Tale, (Review) 57

Public Econoy, Short Chapters on, (J. D. W.,)

221, 446, 637.
L

POETRY.--The Pleasant Deceit, (A. M. W.) 29;

Dreams, (A. M. W.,) 38; Sonnet, 56; Sorrow,
Leaves from an Artists' Journal, 176.

(A.M. W.,) 124; Faith, A Hymn, (James Staun-
Lesson for Politicians, 252.

ton Babcock,) 277; Stars, (A. M. W.,) 457 ; To
Letter from Mr. Clayton, Secretary of State to a Spider at Sea, (W.V. W.,) 488; Two Pic-

Baron Von Roenne, respecting the steamship tures, (A. M. W.,) 496; Titian's Assumption,
United States, 98.

(William Butler Allen,) 592.
Letter from James M. Elam, Esq. to the Hon. PORTRAITS.—(For July,) Hon. George W. Craw.
H. S. Foote, 555.

ford : (for August,) Hon. William M. Meredith:
Letter to Mr. Foote, by J. H. Elam, 555.

(for September,) Hon. William B. Preston: (for
Letter of Samuel B. Ruggles, 651.

October,) Hon. Roger S. Baldwin: (for Novem-
ber, (Hon. George N. Briggs: (for December,)

Hon. Henry Washington Hilliard.
Manufactures in South Carolina and Georgia, 215.

R.
Mlle de la Seigliére, (translated by John May,

from the French of Jules Sandeau,) 85—258,
476–573.

Read's Poems, (Review,) Daniel Strock, 301.
Memoirs of my youth, 182.

Republic, The, (H. W. Warner,) No. III. The
Music-Its influence, (H. S. Saroni,) 390;