of money, without any regard to its effects on the remuneration of industry, had become such, that no other interest in the State, nor even all other interests allied, were able to make head against it. The future destinies of mankind, and of this country in particular, seemed, therefore, to be involved in clouds and darkness; nor did any means appear to be within the bounds of possibility by which the difficulties which beset or awaited industry could be obviated. The greater the efforts made by industry, it was plain the greater would be the distress in which it would be involved; because an increase in the transactions of men required an augmentation in the circulating medium by which they were to be conducted; and an addition to the produce of labour, while the currency was fixed or declining, only rendered its remuneration less. The whole object of statesmen and legislators, both in Great Britain and America, had come to be to cheapen everything, and raise the value of money by contracting its amount--augmenting instead of relieving the general distress arising from the inadequacy of the existing circulating medium for the enlarged wants and numbers of men. The evil seemed to be beyond the reach of human remedy; for in the only country in which a remedy could be effectually applied, the moneyed interests had become so powerful, that Government was set chiefly on measures which, for the sake of private profit, most grievously aggravated it. But Providence is wiser than man: Nature is seldom awanting in the end to those who are suffering from the faults of others. A few bands of American squatters wandered into Texas--a war of aggression on the part of the United States succeeded to make good the settlement--a serious contest took place with Mexico--the Anglo-Saxon race asserted their wonted superiority over the Castilian--CALIFORNIA was wrested from them--and by the ultimate effects of that conquest some of the greatest evils inflicted by human selfishness or folly were alleviated, and the destinies of the world were changed!