Let us, then, consider this point a little. Mr. Cobden has asserted (what some of our public journals confess to be true), "that if the revenue had fallen off, it was because the balance sheet of the merchants and the manufacturers had fallen off likewise." If then we show by the undertaking of such a work as is now proposed, the balance sheets of the merchants and manufacturers must increase immensely, we surely make out a case for the good of the country generally, as far as revenue is concerned. Let us then first consider, that "So interwoven and complicated are the fibres which form the texture of the highly civilized and artificial community in which we live, that an effect produced on any one point is instantly transmitted to the most remote and apparently unconnected parts of the system." And again--"The exportation of labourers and capital from the old to the new countries, from a place where their productive power is less to a place where it is greater, increases by so much the aggregate produce of the labour and capital of the world." Now, with regard to the first remark, the effect that would be produced by the necessary exportation of all the machinery for the making and working of this Atlantic and Pacific Railway, would of course produce, even in England, a very great increase both to the productive power and to the consumption of a variety of articles apparently unconnected with the affairs of the Railway; and when, again, we look to the necessary exportation of labourers and of capital to the towns on the Line of the Railway where there is less productive power at work, by increasing that dormant power we shall increase the aggregate capital of the world, and consequently that of England. Again--"Could we suddenly double the productive power of the country, we should double the supply of the commodities in every market, but we should by the same stroke double the purchasing power--every body would bring a double demand as well as supply--every body would be able to buy twice as much, as he would have twice as much to offer in exchange." Also--"A country which produces for a larger market than its own, can introduce a more extended division of labour--can make a greater use of machinery, and is more likely to make inventions and improvements in the progress of production." Again--"Whatever causes a greater quantity of any thing to be produced in the same place, tends to the general increase of the productive powers of the world." Now it surely will not be denied, that the undertaking of this National Railway would cause in England a greater quantity of machinery to be made and exported to the North American provinces, thus producing for it a larger market than the home, and causing a greater quantity to be made--thus a general increase of the productive powers of the world must be produced; and as "wealth may be defined as all useful or agreeable things which possess exchangeable