From dynastic, aristocratic Europe they go to inherit the work of an ancestry heroic in thought and action. They go to the land which still boasts a Longfellow, a Whittier, an Emerson, a Harriet Beecher Stowe. Are they glad? Are they happy? No. They have learned the follies of the old world, not its wisdom. They are not going home,--they are going into exile. Let us look a little at their record in the Europe which they regret so passionately. They went abroad with money, and the education which it commands, with leisure and health. What good deeds may they not have done! What gratifying remembrance may they have left behind them! Shall we not find them recorded as donors to many a noble charity, as students in many a lofty school? We shalt indeed, sometimes. But in many cases we shall hear only of their fine clothes and expensive entertainments, with possible mortifying anecdotes of their fast behavior. If the mother leaves a daughter behind her, it is likely to be as the wife of some needy European nobleman, who despises all that she is bound to hold dear, and is proud not to know that which it should be her glory to understand. I said at Concord, and I say it to-day, that the press is much affected by the money debauch of the period. Let us examine the way in which this result is likely to be brought about. A newspaper or periodical is almost always an investment in which the idea of gain is very prominent. This expectation may either regard what the proposed paper shall earn as a medium of information, or the profit of certain enterprises which its statements may actively promote. Special organs are founded for special emergencies, as is a campaign sheet, or for the advocate of special reforms, like the antislavery "Standard" of old, and the "Woman's Journal" of to-day. These papers rarely repay either the money advanced for them, or the literary labor bestowed upon them. Under the head of its earnings the newspaper depends upon two classes of persons, viz., its advertisers and its subscribers. Either or both of these may be displeased by the emphatic mention of some certain fact, the expression of some certain opinion. "If we tell this unwelcome truth," say the managers, "we shall lose such and such subscribers. If we take this stand, some of our wealthiest advertising firms will choose another medium of communicating with the public." The other set of considerations just spoken of, the enterprises which are to be favored and promoted, may still more seriously affect the tone and action of the paper, which will thus be drawn in a twofold way to lend itself to the publication only of what it will pay to say.