Scotia, New Brunswick, Canada, and Hudson's Bay, to come forward and make a general family treaty for the security and payment of such advances. The brothers were then congratulating themselves on what they considered the success of their project, when it was whispered to them that something of a similar plan had been proposed for their relation Ireland, by one "whose loss is too great to be slighted, and too recent not to be felt;" and it had been suggested that for every L100 expended on Railways in that country, L200 should be lent by Government; upon which occasion it had been observed by one who has greatly influenced, whether for good or evil, will be hereafter known, the destinies of the British Empire, that "the public credit of the State is one of the elements of our financial strength, and that it was not possible to appropriate a great portion of that public credit to the encouragement of commercial enterprises, without, to the same extent, foregoing the power to apply that public credit in another direction, in the event of the national exigencies requiring you to do so." The brothers replied, this is certainly true; but the proposed undertaking is not a commercial enterprise, although no doubt it would produce great commercial and colonizing results; but it is a grand national work,--a desideratum that has been wished for, looked for, and cared for, ever since the new world was discovered--that has repeatedly called forth great expenditure of money, great suffering, and loss of life in searching for it, to the north. It is, in short, the great high road between the Atlantic and Pacific--the expense of making which you are called upon to consider. As regards Ireland, another bold measure has been suggested for that country; without giving any opinion upon it, I cannot help asking why we should not be as bold in peace as we were in war. Must we wait until "The news is, sir, the Voices are in arms; _Then indeed_--we shall have means to vent Our musty superfluity?"