At parting with Mr. Law this morning, he promised to send me letters of introduction to his {461} Right Rev. Brother, the Bishop of Chester, and his distinguished cousin, J. C. Curwen, Esq. M. P. which letters, together with the following curious observations, purposely written by him for the use of this journal, were soon after transmitted to me. _Observations by Mr. Law._--"I have lately perused an address to the public from the delegation of the United Agricultural Society of Virginia. If, after repeated perusals, I had been convinced that the exclusion of such foreign manufactures as we can make ourselves, by legislative measures, such as high duties or prohibitions, would be injurious to agriculturists, I should immediately acknowledge my acquiescence in their reasoning. To oppose the opinions and arguments of such able men, and of such united members, exposes any one to the imputation of vanity, and to inevitable ridicule, should his reasoning prove inconclusive. I have always been an advocate for permitting men to pursue their interests unobstructed by governmental interference, according to the suggestions of their reason, and to seek future salvation according to the dictates of their conscience; and I have always been convinced that men will employ their capitals and industry in that business which produces most profit. This is, indeed, an incontrovertible axiom in political economy; and the only question to determine, is whether the exclusion of foreign manufactures be {462} not a salutary exception to the rule. The delegation above mentioned, accuses the petitioning manufacturers of soliciting a monopoly. A monopoly, according to my definition of the term, means an exclusive privilege in favour of an individual, or a certain class of men, in preference to all others, who are injured thereby. Now to me it appears that the duties or prohibitions solicited, are solely for the encouragement of domestic manufactures, and for the discouragement of foreign ones; nay, in my opinion, it seems a request in the name of all Americans, to be shielded from foreign monopoly. This observation will at first surprise you, but after my explanation it will, I trust, have more verisimilitude in it than you can now imagine. Suppose a sovereign to say that in a certain county, or department, he would make a donation of capital for building machinery, &c. to those who would establish a certain manufacture. Should any other of his subjects attempt rivalship, with his, or their own funds, could not those, who had their capitals gratis, undersell the competitor or competitors? Say that the buildings and machinery cost 100,000 dollars, and that 50,000 dollars, current capital, were required to pay workmen, and buy materials. The former aided by the sovereign, if they made ten per cent. on their current capital, would receive 5,000 dollars per annum, but the latter, if he obtained only a {463} profit of 5,000 dollars on his 150,000 dollars