It is clearly impossible that other nations should afford these facilities, or that our people should have confidence in them if attempted, or that they could be in any sense reliable in those many cases of exigency, national disputes, war, and accident, which usually afford us our best chances of speculation and profit. A dependence on foreigners for this supply of information, which never reaches us until it is emasculated of its virtues, is extremely hazardous. It fails just at the point where it is most desirable. Foreign nations, especially the commercial European nations, are constantly at war, and are constantly interrupting their packet service. The late Crimean and the present Indian wars are a good illustration. Our country, isolated from the contending nations, and fortified against continual ruptures by a policy of non-intervention, is peculiarly blessed with the privilege and ability to regularly and unintermittingly conduct her commerce and reap her profits, even more securely, while her rivals are temporarily devoting their attention to war. Such being the fact, it is wholly desirable and necessary to the end proposed that our steam post should on all such occasions regularly come and go, even amid the din of battle, and the conflict of our rivals, who for the time are powerless to oppose our peaceful and legitimate commerce, and are generally but too glad to avail its offerings. There are many instances of the desirableness and the necessity of the transmarine steam post on important lines of foreign communication where we have a large trade, and yet no postal means of conducting it. Our immense trade with Brazil and other portions of South-America, which if properly fostered would increase with magic rapidity, sends its news and its freight by the same vessel, or is compelled to use the necessarily selfishly arranged, and circuitous, and non-connecting lines of Great Britain. A letter destined for Brazil, four thousand miles distant, must needs go by England, Portugal, the Coast of Africa, Madeira, and the Cape de Verdes, a distance of eight thousand miles, in a British packet. One destined for the Pacific Coast of South-America must go to Panama and await the arrival of the English packet, with London letters more recently dated, before it can proceed on to Callao, Lima, or Valparaiso. Letters destined to the West-Indies can go to Havana only, by American steamers; but they must there await the British line which takes them to St. Thomas, and there be distributed and forwarded to the various islands, the Spanish Main, the Guianas, Venezuela, and New-Granada by some one of the ten different British steam packet lines running semi-monthly from that station.