The Continental Monthly, Vol. 4, No. 4, October, 1863: Devoted to Literature and National PolicyVarious
History
The Continental Monthly, Vol. 4, No. 4, October, 1863: Devoted to Literature and National Policy
Various
Literature, Modern -- 19th century -- Periodicals; United States -- Politics and government -- 19th century -- Periodicals
The second Sunday thereafter one might observe that the Winslows' pew
had been newly cushioned and carpeted, and otherwise put in order.
Several prayer books and a Bible, elegantly bound, and lettered 'H.
Meeker,' were placed in it. This could not escape the notice of the very
elegant and fashionably dressed young lady in the next slip. Strange to
say, the pew contained no occupant. But just before the service was
about to commence, Hiram, purposely a little late, walked quietly in,
and took possession of his property. His _pose_ was capital. His ease
and _nonchalance_ were perfectly unexceptionable, evidencing _haut ton_.
He had been practising for weeks.
'Who can he be?' asked the elegant and fashionably dressed young lady of
herself. She was left to wonder. When he walked homeward, Hiram was
informed by Mr. Bennett that the elegant and fashionably dressed young
lady was Miss Arabella Thorne, without father, without mother, of age,
and possessed of a clear sum of two hundred thousand dollars in her own
right!
AMERICAN FINANCES AND RESOURCES.
LETTER NO. I, FROM HON. ROBERT J. WALKER.
LONDON, 10 Half Moon Street, Piccadilly, _August 5, 1863_.
The question has been often asked me, here and on the continent, _how
has your Secretary of the Treasury (Mr. Chase) so marvellously sustained
American credit during this rebellion, and when will your finances
collapse?_ This question I have frequently answered in conversations
with European statesmen and bankers, and the discussion has closed
generally in decided approval of Mr. Chase's financial policy, and great
confidence in the wonderful resources of the United States.
Thus encouraged, I have concluded to discuss the question in a series of
letters, explaining Mr. Chase's system and stating the reasons of its
remarkable success. The interest in such a topic is not confined to the
United States, nor to the present period, but extends to all times and
nations. Indeed, finance, as a science, belongs to the world. It is a
principal branch of the doctrine of 'the wealth of nations,' discussed,
during the last century, with so much ability by Adam Smith. Although
many great principles were then settled, yet political economy is
emphatically progressive, especially the important branches of credit,
currency, taxation, and revenue.
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