It is reported among persons of the best intelligence at Olney--the barber, the schoolmaster, and the drummer of a corps quartered at this place,--that the belligerent powers are at last reconciled, the articles of the treaty adjusted, and that peace is at the door. I saw this morning, at nine o'clock, a group of about twelve figures very closely engaged in a conference, as I suppose, upon the same subject. The scene of consultation was a blacksmith's shed, very comfortably screened from the wind, and directly opposed to the morning sun. Some held their hands behind them, some had them folded across their bosom, and others had thrust them into their breeches pockets. Every man's posture bespoke a pacific turn of mind; but the distance being too great for their words to reach me, nothing transpired. I am willing, however, to hope that the secret will not be a secret long, and that you and I, equally interested in the event, though not, perhaps, equally well-informed, shall soon have an opportunity to rejoice in the completion of it. The powers of Europe have clashed with each other to a fine purpose; that the Americans, at length declared independent, may keep themselves so, if they can; and that what the parties, who have thought proper to dispute upon that point, have wrested from each other in the course of the conflict, may be, in the issue of it, restored to the proper owner. Nations may be guilty of a conduct that would render an individual infamous for ever; and yet carry their heads high, talk of their glory, and despise their neighbours. Your opinions and mine, I mean our political ones, are not exactly of a piece, yet I cannot think otherwise upon this subject than I have always done. England, more, perhaps, through the fault of her generals, than her councils, has in some instances acted with a spirit of cruel animosity she was never chargeable with till now. But this is the worst that can be said. On the other hand, the Americans, who, if they had contented themselves with a struggle for lawful liberty, would have deserved applause, seem to me to have incurred the guilt of parricide, by renouncing their parent, by making her ruin their favourite object, and by associating themselves with her worst enemy, for the accomplishment of their purpose. France, and of course Spain, have acted a treacherous, a thievish part. They have stolen America from England, and whether they are able to possess themselves of that jewel or not hereafter, it was doubtless what they intended. Holland appears to me in a meaner light than any of them. They quarrelled with a friend for an enemy's sake. The French led them by the nose, and the English have threshed them for suffering it. My views of the contest being, and having been always such, I have consequently brighter hopes for England than her situation some time since seemed to justify. She is the only injured party. America may, perhaps, call her the aggressor; but if she were so, America has