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
We have placed the Rosetta stone of Art, with its threefold inscriptions
in Sculpture, Painting and Music, with their union or _resume_ in
Poetry, before him; we have given him the key to some of its wondrous
hieroglyphics; let him study the remaining letters of this mystical
alphabet for himself! These inscriptions are indeed trilingual,
phonetic, and sacred, yet the simple and loving soul may decipher them
without the genius of Champollion; their meaning is written within it.
It will readily learn to connect the sign with the thing signified, and
under the fleeting forms of rhythmed time and measured space, learn to
detect the immutable principles which are to be its glory and joy for
eternity!
CURRENCY AND THE NATIONAL FINANCES.
1. _History of the Bank of England, its Times and Traditions, from 1694
to 1844._ By JOHN FRANCIS. First American Edition. _With Notes,
Additions, and an Appendix, including Statistics of the Bank to the
close of the year 1861._ By J. SMITH HOMANS, Author of the 'Cyclopaedia
of Commerce and Commercial Navigation.' New York. 8vo, pp.476.
2. _Letter from the Secretary of the Treasury to the Chairman of the
Committee of Ways and Means, in relation to the Issue of an Additional
Amount of United States Treasury Notes._
3. _Report of the Secretary of the Treasury on the State of the Finances
of the United States for the Year ending June 30, 1862._
4. _The Tariff Question considered in regard to the Policy of England
and the Interests of the United States. With Statistical and Comparative
Tables._ By ERASTES B. BIGELOW. Boston: Little, Brown & Co. 4to, pp. 103
and 242.
5. _The Bankers' Magazine and Statistical Register._ New York, monthly,
1861-2. Edited by J. SMITH HOMANS, jr.
The Bank of England was created during the urgent necessities of
national finance. It was a concession of a valuable privilege to a few
rich men, in consideration of their loaning the capital to the treasury.
'The estimates of Government expenditure in the year 1694 were
enormous,' says Macaulay, in his fourth volume. King William asked to
have the army increased to ninety-four thousand, at an annual expense of
about two and a half millions sterling--a small sum compared with what
it costs in the year 1862 to maintain an army of equal numbers.
Public-domain text, read in full here on John Shaqi.
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