"The Banks here tax the people heavily, but they are so stupid they don't see it. All the specie goes into the Banks. I am told that the Upper Canada Bank had at one time £300,000 in England in Commissariat bills of Exchange: their notes in circulation are a million and a quarter of paper dollars, for all of which they draw interest from the people, although not obliged to keep six cents in their money-till to redeem them. All the troops were paid in the depreciated paper of these fraudulent bankrupt concerns, the directors of which deserve the Penitentiary: the contracts of the Commissariat are paid in the same paper as a 10 per cent. shave: and the troops up at Brantford were also paid in Bank notes which the Bank did not pretend to redeem; and it would have offended Sir George [Arthur], who has a share in such speculations (as he had when in VanDieman's Land), had any one asked the dollars. Sir Allan McNab, who has risen from poverty to be president _de facto_, solicitor, directors and company of the Gore Bank, ever since its creation, is said to be terribly embarrassed for want of money. He is not the alpha and omega of the Bank now. He has quarrelled with his brother villains. The money paid to Canada from England to uphold troops to coerce the people helps the Banks." In the same number of the _Gazette_ published at Rochester we have an extract from a production by Robert Gourlay himself, who in his old age paid a final visit of inspection to Canada. In allusion to a portion of Gourlay's famous work published in 1822, the extract is headed in _McKenzie's Gazette_ "Robert Gourlay's 'Last Sketch' of Upper Canada." It is dated at Toronto, May 25th. Having just presented one gloomy view, we will venture to lower the reader's spirits a particle more, by giving another. Let allowance be made for the morbid mental condition of the writer: the contrast offered by the Canada of to-day will afterwards proportionably exhilarate. "What did Upper Canada gain," Gourlay asks, "by my banishment; and what good is now to be seen in it? Cast an eye over the length and breadth of the land" he cries, "from Malden to Point Fortune, and from the Falls to Lake Simcoe: then say if a single public work is creditable, or a single institution as it should be. The Rideau Canal!--what is it but a monument of England's folly and waste; which can never return a farthing of interest; or for a single day stay the conquest of the province. The Welland Canal!--Has it not been from beginning till now a mere struggle of misery and mismanagement; and from now onward, promising to become a putrid ditch. The only railway, of ten miles; with half completed; and half which cannot be completed for want of funds! The macadamised roads, all in mud; only causing an increase of wear and tear. The province deeply in debt; confidence uprooted; and banks beleaguered!