VALE UNIVERSITY LIBRARY 3 9002 06019 8778 YALE UNIVERSITY LIBRARY This book was digitized by Microsoft Corporation in cooperation with Yale University Library, 2008. You may not reproduce this digitized copy ofthe book for any purpose other than for scholarship, research, educational, or, in limited quantity, personal use. You may not distribute or provide access to this digitized copy (or modified or partial versions of it) for commercial purposes. a^ ^h&^^ ELIJAH WARD [OF NEW YORK.] A BIOGRAPHICAL SKETCH BY ROBERT HADFIELD. NEW Y O RK : W. CARLETON & CO., PUBLISHERS. LONDON : S. LOW, SON & CO. M.DCCC.LXXV. Entered according to Act of Congress, in the year 1874, bT G. W. CARLETON much on the proper provisions of a uniform bankrupt law through out the United States, but had filled him with sympathy for the honest sufferers with whom he had been brought into communica tion, and enabled him to see that what was a measure of mercy to such debtors, would almost invariably be also a source of quick justice to creditors. His exertions in favor of such a measure began in 1858, as soon as he entered Congress ; and in 1859, when not a member, he had personally endeavored to induce the con gressional committee, to winch the subject had been referred, to lose no time in recommending this valuable legislative reform. It was owing to his efforts that the committee did not report adversely. The number of those who were unable to pay their debts, and whose lives were as hopeless for themselves as for their creditors, had for many years increased gradually ; but, soon after the rebel lion began, additional thousands of men became insolvent, from the pressure of a national calamity as unexpected by them as if it had been a sudden conflagration. The leading merchants of New York and Boston, through their commercial associations, expressed their opinion that measures of rehef would be peculiarly in harmony 23 with the beneficent institutions of a wise and liberal republic. General Ward was one of the foremost among those who advocated such a law as would give to each creditor a fair proportion of the assets of the bankrupt, and sharply and decisively define how first settlements between debtors and creditors should be made. A sketch of his pubbc career can be bttle more than a record of efforts to bring every day life and national affairs into legitimate harmony with reasonable and humane sentiments. Full of faith in this rule of life, he unremittingly served the cause of a bankrupt law with even more than his usual zeal. It commended itself to him, no less through his impartial judgment, than his earnest sym pathies. In 1862, much disappointment was felt at the postponement, by Congress, until December in that year, of all consideration of the biU reported by the special committee, " to establish a uniform sys tem of bankruptcy throughout the United States;" and he deemed it his duty to bring forward the chief points of the question to a fair and just consideration of the representatives of tbe people. In a speech debvered in the House of Representatives on the 3d day of June, 1862, he illustrated the subject by bis customary use of statistics, so comprehensive, that they could not mislead. He traced the ruinous effects of the various expansions and con tractions of the currency, and argued that, as the causes of- the then recent insolvencies were for the most part entirely political, the rmfortunate men " who have thus been ruined should no more be punished for these misfortunes than for any of the numerous ac cidents to which mankind are liable." He briefly presented the chief facts of the case in the following paragraph, saying : " Tbe present indebtedness of tbe southern to tbe northern states is carefully es timated to be about $300,000,000, of which $159,000,000 are due to the City of New York; $24,000,000 to Philadelphia ; $19,000,000 to Baltimore; and $7,600,000 to Boston. By tbe losses thus incurred, many men of honor and integrity, whose means of meeting all tbeir pecuniary engagements were as little doubted by them- 24 selves as by all who knew them, are undergoing the slow torture of mercantile failure— hopeless and lifelong, if tbey be not relieved by the government of tbeir > country. In not a few cases, tbe amount of then- debts is many times less than that due to tbem by tbeir former customers in tbe southern states. Last year, in tbe City of New York, nine hundred and thirteen mercantile bouses became in solvent, whose separate liabilities were in no case under $50,000, and in some instances, amounted to several millions. Out of two hundred and sixty-six leading dry goods bouses reported sound when tbe rebellion began, only sixteen remain, and tbeir condition is precarious. These firms cannot well be spared from our commercial circles at tbis present crisis. Tbe common rules of humanity require our sympathy in tbeir behalf, and no less do justice and a regard for tbe interests of tbe republic, require that, after a strict examination of tbe affairs of each insolv ent, if be uprightly and honorably surrenders bis property for the benefit of his creditors, be shall be permitted to begin tbe world anew." Tbe following extract is a fair illustration of his characteris- tic reasoning, in which the facts of statistics and deductions from the principles of humanity and justice are harmoniously blended. He said : " It is estimated that throughout our great commercial cities, in ordinary times, five per cent, of tbe persons engaged in business fail every year. Ninety-five per cent, of our chief business men become insolvent at least once in tbeir life-times, and most of those who ultimately succeed, have, at some time, passed through the same ordeal, and been dependent upon tbe leniency or indulgence of tbeir cred itors. In many, perhaps in most cases, tbe honest debtor is met by bis creditor in tbe spirit of justice. Creditors who adopt tbis line of action will surely not com plain of a law making tbe course tbey pursue obligatory upon other creditors, thus preventing fraudulent and preferential assignments, and much expensive litigation and delay." Having stated the result of his own observation to be that in ninety cases out of a hundred where compromise had been offered immediately after failure and repelled, the creditors would after wards be glad if tbey could compromise tbe debt on less favorable terms, but usually fail to reahse anything — the debt becoming a total loss, he said : " An attempt to settle with their creditors is usually one of tbe first efforts on the part of those who become insolvent. If the debtor fails in tbis, through the want of concurrence among bis creditors, and tbe claims against him are pressed, be foresees long years of thraldom and embarassment, and bis next impulse is to secure provisions for himself and family. In bis despair of meeting with justice, be often bas recourse to many subterfuges, few of which ever reach tbe public ear; but tbe common course is to make a preferential assignment, permitted by law, thus placing bis assets in tbe bands of one or more friends, from whom be hopes to 25 obtain employment or assistance in business, or, perhaps, support and money from the actual proceeds. Tbe remainder of bis creditors remain unsatisfied, and be bids them defiance. Creditors, ou tbe other hand, fearing assignments of tbis kind, often submit to compromises which tbey know to be unj ust. A proper bank rupt law, prohibiting these assignments, would diminish, if it did not destroy, such dangers, and thus befriend tbe creditor. In many cases, through these assign ments, or by other means, the debtor is tempted to keep all be can until some such terms as be thinks favorable, can be effected. From tbis time be leads a surrep titious and demoralizing life. Perhaps one creditor alone objects to the offers made. Tbe debtor is determined not to pay one unless be( can pay all. It is necessary bis family should be maintained. Time passes, and bis assets are dimin ished. Often tbe creditor fearing preferential assignments, hesitates to use legal measures. Tbe only dividend that can now be offered seems paltry. Tbe debtor finding that neither tbe world nor tbe world's law befriend bim, and believing that tbe bondage of debt will be perpetual, not unfrequently sets aside tbe common re straints of prudence and morality, and becomes an incubus and injury to society; instead of devoting bis intellect and energies to its benefit. If of a nature too scrupulous and honorable to yield readily to temptation, bis sufferings are severe and constant. He endeavors to provide for those dependent upon bim ; but their respect for bim is diminished by bis own loss of conscious independence, and tbe change experienced in tbe social position of them all ; arising not from tbe neces- ' sity of proper retrenchment — this be and tbey can meet — but, because society always attaches a certain degree of odium to tbe insolvent, who is thereby bumilated, and often so far depressed, as to cause bim to resort to dissipation as a means of obtain ing a temporary forgetfulness. He feels weak and degraded in tbe eyes of that little domestic circle of bis wife and children, of those whom be is bound by every honorable and sacred instinct of his nature to maintain and defend, at all legiti mate hazards, by tbe daily labor of bis life, receiving in return, as his natural right, the cherished equivalent of tbeir affection and respect. He can bestow upon them nothing more than a temporary subsistence, taking care at best that be never has at bis command more than tbe savings of a limited number of days. Tbe law bas done all it can to make honesty no longer tbe best policjr for bim, and the only hope be bas of worldly prosperity, or of competence, consists in practicing dis honorable concealments." The concluding words of his speech were : " Society, itself, has at all times an interest in the subsequent life and exertions of the bankrupt. Tbe hope or expectation of future acquisition by conducing to the industry, honesty and morality of tbe unfortunate debtor contributes to the welfare of the community. A due regard for tbe public good demands that the future acquisitions of the debtor who has faithfully surrendered all be owned for the benefit of his creditors, should be placed under bis own control, aud fully jus tifies prudent and careful enactments for that purpose." At the present time it is difficult to realize how, in a Congress of Representatives 6f the American people, the passage of a bankrupt law could have been so long delayed ; but the people of the agricul tural districts, in whose pursuits there is little hazard, then under- 26 , stood less thoroughly than they-now do, the sudden monetary revolution by which men of the best intentions, and of good business habits, are sometimes ruined. The imperfect operations of the pre vious temporary enactments had also their influence. Congress postponed the further consideration of the subject. In the following session of Congress General Ward again took his place in the. foreground in the House of Representatives as an advocate of a permanent bankrupt law, tending to prevent the waste of assets, both by its compulsory clauses and by opening out avenues of future, and hopeful employment to every debtor who passes through the ordeal with an unblemished reputation. He ably maintained that while such an enactment would be abke more profitable to the creditor, and more humane to the debtor than the customs already prevailing, it would also tend to " create and maintain a high standard of mercantile integrity and honor — a possession of inestimable value to the nation." The importance of the commercial relations of the United States with the other nations on this continent early engaged tbe attention of General Ward. He saw in the free developement of the material interests they have in common, the natural path to those friendly sentiments, and that homogeneity of institutions, which are essential to the most successful admission of such large populations into the Union, or to whatever other mutually beneficial arrangement may be most suitable to the occasion, when prejudice is disarmed and the in fluence of commerce has brought the people on both sides into profit able intercourse, aud woven the powerful bands of such an alhance between them. The treaty providing for a reciprocal trade in certain articles between tbis country and British North America was, for several years, mutually satisfactory ; but the Canadian authorities raised the duties on manufactured goods to such an extent as to destroy its natural effects in promoting many branches of the industry of our people. In some cases the results of the new legisla- 27 tion were so decided that manufacturing establishments, with their machinery, capital and men, were removed from this country to Canada. In this state of affairs, the legislature of the State of New York passed concurrent resolutions, demanding a revision of the treaty, expressing approval of the principle of reciprocity, and a , desire for an extension of its apphcation. It was seen that unre stricted trade between the United States and Canada must be no less mutually beneficial than that between New York and Pennsylvania, Hlinois, or any of the other states of the Union. In 1861- General Ward presented to the House of Representatives, and ably supported the concurrent resolutions passed by the legis lature of the State of New York, in favor of " the co-operation and expansion of the commercial relations between the United States and British Provinces," and declaring, that although much restrictive legislation in Canada since the enactment of the treaty had modi fied its natural operations, "free commercial intercourse between the United States, and the British North American Provinces' and Possessions, developing the natural, geographical and other advan tages of each, for the good of all, is the only proper basis of our intercourse for all time to come." The House referred the resolutions to the Committee on Com merce, in whose behalf he prepared and presented in 1862 a more elaborate report than had ever before been made on the same topic. It was no less comprehensive in principle than accurate in detail. He saw that our commercial relations with the British Provinces were worthy of the closest investigation, not only from the importance of ' their territory and population, but for the yet more weighty consid eration that the principles and plans necessary to a mutually satis factory adjustment of the existing impediments to the natural devel opment of trade with them, would have a valuable influence on the - future pobcy of the United States, by forming the nucleus for such a system of exchanging the products of the industries of our people with other nations on this continent, as would be no less beneficial 28 than that ofthe citizens of our different states with each other; thus regarding the adoption of just measures of reciprocal trade with Can ada, as the proper precursor of yet more comprehensive arrange ments. He sketched the characteristics of the men of the north, ' and announced in the foUowing paragraph the principle which should animate the policy of tlie United States towards them. He said: " The climate and soil of these provinces and possessions,seemingly less indulgent than those of tropical regions, are precisely those by which the skill, energy and virtues ofthe human race, are best developed. Nature there demands thought and labor from man, as conditions of his existence, but yields abundant rewards to wise industry. Those causes, which in our age of the world, determine the wealth of nations.are those which render man most intelligently industrious; and it cannot be too often or too closely remembered in discussing subjects so vast as these, where tbe human mind may be misled if it attempts to comprehend them in their boundless variety of detail, that sure and safe guides in the application of political economy, and tfo our own prosperity, are to be found in tbe simple principles of morality and justice, because they are true alike in minute and great affairs, at all times, and in every place. Tbey imply freedom for ourselves, and those rules of frater nity or equality, which enjoin us to regard, our neighbors as ourselves. We can trust in no other policy." He demonstrated, and by irrefutable statistics, not only the in consistency of their recent legislation in Canada in comiection with the treaty, but also the magnitude of the benefits which would accrue to both countries from actual reciprocity in trade ; and took decided ground in favor of a zollverein or customs' union, as being the only way of attaining it, unless the people of Canada should voluntarily desire annexation to the United States. He was thus the first to introduce to the House of Representatives this project, which has since received much consideration from the press and thoughtful men in both countries. Tbe report attracted attention from nearly all the leading journals of the Union. It was reviewed with approbation in New York Buffalo, Oswego, and the north western states, and met with much consideration in Canada, where, although it occupied thirty ei°ht octavo pages, it was printed at full length in the most widely circu lated newspaper of the province, accompanied by the recommenda- 29 tion that " it should be read and understood by every man of intel ligence in Canada." The general sentiment of the Canadians at that time may be inferred from the expressions of the same journal, that "although they could live and prosper without reciprocal trade, they preferred freedom of intercourse with their American neigh bors." It adopted the spirit of the report so far as to say that " apart altogether from tho dissatisfaction of the Americans with the treaty, there is a desire on the part of Canadians to see it improved and extended, and therefore our government ought to be prepared to receive any proposition which the Americans may make, and consider it with respect, and a desire to come to an arrangement satisfactory to all parties." The Canadian Minister of Finance officially published, and caused to be extensively circulated, a long but ineffectual reply to the charges of the report. The House of Representatives ordered fifteen thousand copies of the report to be printed, in addition to the usual number, and Mr. Layard, in the British House of Commons, in answer to enquiries, stated that several copies of it had been procured and would be laid upon the table, for the information of the public. It elicited favorable comments from several members of the liberal party in Great Britain. In the following Congress the various memorials, relating to the treaty, having been referred to the Committee on Commerce, Gen eral Ward, on its behalf, made another report, exhibiting such additional facts and statistics as showed the state of trade between the United States and Canada, down to that time. He recommend ed that the president should be authorized to give notice of the abrogation of the treaty as soon as it might be legally clone, unless, before that time, further arrangements, mutually satisfactory to both governments, should be made ; and that the president be also auth orized to appoint three commissioners, by and with the advice and consent of the Senate, for the revision of the treaty, and to confer with other commissioners, duly authorized therefor, whenever it 6haE appear to be the wish of the government of Great Britain to 30 i negotiate a new treaty, based upon these principles of reciprocity, and for the removal of existing difficulties. The subject again excited much interest throughout the country, and on tbe 18th of May, 1864, in the same year, a joint resolution in accordance with the recommendation of the committee being under consideration, General Ward addressed the House. He urged that it was more reasonable and beneficial to remove whatever objection able features then existed in connection with the trade, than to disturb tbe industry and investments of tbe large number of our citizens engaged in it, and rebuked the pretentious interference of arbitrary and compulsory legislation with the common affairs of the people, in words which, although they arose naturally from the sub ject, may well be regarded as a philosophical enunciation of the great general principle of trade. Lie said : "Upon the plainest' principles of human nature, it is clear that tbe individual transactions constituting tbe vast aggregate of this trade since 1855, and amount ing to more than fifty millions of dollars in 1863 alone, must, year after year have been sufficiently profitable, to remunerate those who produced tbe substantial materials ofthe exchanges, and those wbo were engaged in the traffic, wbo in their turn, could not have continued tbeir business if tbey had not found in the people at large consumers or customers, who were benefited by the purchases they made." The subject was not discussed in a merely partisan spirit. The manner in which it was presented by General Ward ensured a more than usual exemption from this danger. He said : " I have the satisfaction of knowing that tbis is no party question, and that many gentlemen on tbe other side of tbe bouse unite with me in efforts to establish or extend such a liberal policy towards the provinces, as shall mutually benefit both countries, uniting us together by tbe bonds which are the most powerful of all; those of mutual interest, well judged in necessary conformity to higher princi ples. I am less desirous of an union of tbe Government, than of an union of the people. I do not wish to admit into our family of states, any who are not im bued with the spirit of our institutions, and do not appreciate, as we do, the bene fits resulting from them, or the principles on which tbey are established." He deplored such a course as would again impose duties on many of tbe articles exempted by the treaty, and which are the sim plest materials for the use of our ship builders and manufacturers aud necessaries for tbe support of human life. The mutual exports 31 and imports of coal furnish one of the best possible illustrations of the principle ; and he said : " Among the most important of these materials which should be supplied to our manufacturers and people, at as low a price as possible, is coal, an essential ele ment of household life and comfort, and the chief producer of the great labor-sav ing power of steam. The exports from Ohio and Pennsylvania to Upper Canada, are nearly of the same value as those of the New England States and New York, from the Lower Provinces. In Canada West, tbe coal from the United States has superceded that brought from Liverpool and tbe Lower Provinces; and, at Mon treal, the anthracite of the easterly portions of Pennsylvania also competes with coal brought from Liverpool and Nova Scotia. These minerals are not found in the geological formations of Upper Canada, and, as the forests disappear, and wool becomes too valuable to be used as fuel, that part of tbe Provinces will ulti mately depend exclusively upon the United States, for the most economical supply ot this necessary article. " Anthracite coal, although found abundantly on the eastern slope of the Alle ghanies, is found no where in tbe colonies, and will always be imported by them, while for many purposes of fuel, in the eastern states, economy dictates tbe use of the coal of Nova Scotia. Bituminous coal, of the kind most commonly used in the manufacture of gas, is not found in our territory east of the Alleghany moun tains, within an available distance from our chief Atlantic cities. It would be needless to say that a trade of this kind is mutually beneficial. Under a system of free trade in coal, tbe people of each country are supplied more cheaply than they otherwise could be with necessary light and fuel ; and both save, throughout large regions, tbe expense and labor of carrying a heavy and bulky article for several hundreds of miles." He gave timely and prophetic warning of the course which has been taken by Canada in consequence of the exclusive course Con gress thought fit to adopt. Including the union of the provinces, the construction of intercolonial railroads, the rapid progress in home industry, by which she has become independent of our manu factures, and our competitor in neutral markets, and the liberal policy by which so large a share of our western products has been diverted over her railroads and down the St. Lawrence. He closed his speech in the following words: "We are considering the commercial relations of one-eighth ofthe habitable sur face of tbe world. Of tbis vast region, the United States and tbe people of the colonies, subject to a beneficent providence, control the present condition, and shape the future history. It bas been given to us in the advanced condition of human civilization, as a new parchment, on which we may inscribe whatever characters we choose; and the opportunity will never return again in all tbe plen itude of tbe present time. With nations, as with individuals, those habits and 32 tendencies are easily formed in youth which are afterwards developed, and control the career through long years or centuries of tbe future. We may differ from the people of the provinces in opinion as to the best form of government ; but other. nations can judge better for themselves than we can for them, as to their own method of legislation. A prohibitory or exclusive system would be no less un natural and injurious as to every commercial, political and moral result, than if we separated New York from Massachusetts, and both of them from Ohio, Illinois, or Iowa. Let us then regulate our intercourse, not by mutual fear or destruction, but by creating, or rather developing, reciprocal benefits, in accordance with Ihe manifest designs of Him who made tbe world, and who should never be mentioned except upon occasions worthy of Him. Such a system is doubly beneficial. ' It droppeth, as the gentle dew from Heaven, Upon the place beneath ; it is twice blessed. It blesseth him that gives, and him that takes.' Under its influence, assisted by a wise application of tbe reason with which man is endowed, old animosities will be forgotten, and, in days to come, the people of both countries, seeing plainly that tbe social body of mankind, like the material body of the individual, is provided with a healing power, will find additional rea sons to reverence Him by whom tbe universe itself was formed." One of the most interesting debates known in Congress, on any financial subject^ ensued. Messrs. Morill, Washburne, Winter Davis, Baxter, Pike, and * others, opposed the resolution, and General Ward was ably sup ported by Messrs. Sweat, of Maine ; Eliot, of Mass. ; Arnold, of Ilb- nois; Pruyn, Littlejohn, Davis and others, of the State of New York. But the chief burden of the debate, on the liberal side, feU upon him. Mr. Sweat said that he hoped every gentleman in the House, who had not heard the speech of General Ward, would read it, for in his judgment, the views " therein set forth, are not only correct and sound, but just and wise, and worthy the careful consideration ¦of all who would look at the subject dispassionately." To his mind it was the most exhaustive treatment given to any subject that had come before the House in that session. " And in this respect " added Mr. Sweat, " I cannot forbear saying, that it presents as«rery wide contrast to the remarks which have been made by other gen tlemen upon this question, and which, I say it in no offensive sense have savored more of prejudice than of statesmanship." It was the duty of General Ward to sum up the debate, and correct , 33 not a few. extraordinary and erroneous statements which had been made by the ultra-protectionists in the course of the debate. He fulfilled his part with conscious rebance on the uncontroverted facts and principles he had brought to notice, and without descend ing to retaliation or invective. An amendment submitted by Mr. Arnold, of Illinois, with a view to enlarge the basis of the present treaty, was decisively negatived., Mr. Morill, of Vermont, then offered, as a substitute for the reso lution reported by General Ward, another, merely authorizing the President to give notice of the termination of the treaty, without providing for any amelioration of it. The substitute was negatived . by a vote of 82 to 74. The preamble to the resolution presented by General Ward, asserted that commercial intercourse between the United States and , the British North American Provinces, should thereafter be so conducted as to be reciprocally beneficial to both parties. It was adopted, thus showing that a majority of the members of the House were in favor of the principle. The resolution also would have been carried if a few members, who, together with their constitu ents, were conspicuously in favor of, and especially interested in, the utmost possible freedom of exchanges between the two coun tries, had not been induced to believe that they would obtain better terms by postponement to the next session of Congress. But the postponement was only adopted by a majority of five out of one hundred and fifty-nine votes. Just before the time for reconsideration arrived, the war feeling had attained increased intensity, and the exigencies and temper of the occasion threw all commercial considerations temporarily aside. As in the House of Representatives at Washington, so also in the pubbc press, the course suggested by General Ward, as to the - proper commercial relations of the American continent, won many golden opinions from advocates of the most discordant partisan pol itics. The New York World, in several editorial articles, support- 34 ed his views as to the establishment of a zollverein with Canada, and urged "the Chamber of Commerce and our merchants, who are at all times desirous of information which may lead to an in crease of foreign trade," to give their careful attention to his sug gestions, "inasmuch as our national debt and heavy taxation render it prudent, perhaps imperative, to exercise a wise forethought in stimulating the productive energies of our people, by opening up new outlets in foreign countries." The Times pointed out the new and instructive information he presented, and his careful avoidance of " that hostile spirit which has so often led further and further from the proper objects of discussion, until the simple questions really at issue become hidden under heaps and incrusta tions of prejudice, accumulated by the errors and hatred of many generations." The Tribune said that " great and pressing as the domestic questions are at this hour, it is no time to overlook mat ters of extrinsic but enduring interest," and that " the country owes its thanks to him for bringing so much industry and judgment to bear upon our treaty relations with Canada." The Evening Post commended the report to the perusal of the ultra-protectionists ; and the Journal qf Commerce testified that " it labors earnestly and honestly to promote that enlightened bberality of sentiment and mutual good-will, which it is for the interest of both parties to inculcate," adding that " its free circulation cannot fail to do good on both sides of the border ; and we hope that it will be widely distributed for that purpose." The Economist, after alluding to his exertions in behalf of a sound bankrupt law, and an American Zoll verein, said it would be unjust to General Ward and some other ca pable and laborious representatives and senators, not to acknowledge the fidelity and practical abUity with which they applied themselves effectively to the business of the nation ; and added : " The speech of the Honorable Elijah Ward, on the commercial relations between the United States and the British North American Provinces and Possessions is a model of statesmanly discussion. Its unpartizan spirit and breadth of view pre- Bent a welcome contrast to the narrow party animus with which the great fiscal 35 and commercial questions of tbe day are now treated in Congress. Mr. Ward rises far above the common Congressional level, and in the treatment of a question that affects the interests of the whole country, discards the clamor of local inter ests, rebukes petty international jealousies, and calmly inquires what arrangement ofthe treaty can be made yielding the greatest advantages and the amplest justice to both nations concerned." Throughout his career in Congress General Ward boldly main tained the same opinions on financial subjects as are held by that intelligent and progressive class of men who are now known to the pubbc as Revenue Eeformers. From the beginning of the monetary changes introduced in consequence of the war, he advocated such measures as it is now seen would have been most expedient for the country, and the adoption of which would have rendered present reform unnecessary. He firmly opposed the "Legal Tender " pol icy of Secretary Chase, and others of the party in power. The Secretary of the Treasury was led so far by the temporary pressure of the times, and the difficulties of his position, as to support by his official authority the pernicious doctrine that tho decrease on the value of fictitious money, as compared with gold, was neither wholly nor for the greater part owing to the large volume of paper prom ises to pay. While General Ward opposed the pernicious errors thus enunci ated in high places, he fully shared in the deep anxiety with which the condition of our financial affairs, and the regulation of the cir culating medium, were regarded by thoughtful people throughout the north, from motives of then- own personal interest, and yet more from patriotic devotion to the cause of unity in the great struggle for national existence ; and he knew that, with a large inflation of national cmrency, not only would tho cost of war be immensely increased, and be repaid in a monetary medium of greater value, but lavish and careless expenditures would engender prodigal cor ruption, and the nation would be subjected to innumerable disasters, against which no human forethought could guard. Yet he did not underrate the difficulties of the occasion. When speaking on this ¦so subject in the House of Representatives, on the 15th January, 1,863, he said : " When it was decided to adopt the principle of ' legal tender ' there was no doubt that the majorities of both Houses, wbo voted for it, did so because tbey considered it the least objectionable of tbe measures under consideration. Here, permit me to say, that I know of no greater trial for a statesman or legislator than this, — to be compelled to choose between two measures when his judgment condemns them both ; when bis only course is that laid down in the common maxim of life, to ' choose the least of any number of evils.' Tbe whole question is full of difficulties arising out ofthe mutations of commerce, as well as the exigencies of nations, nu merous theories and suggestions have been presented by prominent citizens in various parts of the country, but all experience bas demonstrated the impossibility of securing lasting prosperity for any country which persistently adheres to the use of a legalized but irredeemable paper currency." He showed clearly and forcibly the evil effects then already pro duced by irredeemable issues of paper money, and that they would be further increased by additional expenses. He illustrated by the following figure, the fallacies of those who were so hardy as to say that the currency had not decreased in value : " It is in vain to affirm that gold has risen, but paper money has not fallen. Tbe man who is in a sinking boat might as well say that the water is rising and his boat is stationary. Let him, if he is not out of sight of land, not get engulfed above bis eyes ; look at the shore while be can, and see whether the water is flooding its banks. Tbe markets of the world where we sell our products, and buy many ar ticles in return, are the true land-marks as to the value of our currency, and they are, and must be as I have already shown, faithfully indicated by tbe rise and fall ofthe precious metals." He entered into a careful analysis of our own financial affairs, and of various historical precedents in other countries. The result of the irredeemable paper system had then by no means reached the height it subsequently attained, but the reflecting reader will - recognize in the following paragraphs a faithful photograph of the time at which General Ward spoke. He said: " The merchant and contractor in making sales or agreements charge profit not only on the actual value of tbe articles they furnish, but on the value in paper money. The Government, at tlie present time, pays for all il uses a premium of at least forty or fifty per cent, above Us actual value, equivalent in effect, to a corresponding de preciation in our national securities. " The dealer, who a few months ago, sold bis goods at a fair profit on time, finds himself when he is paid unable to replace his stock. From tbe uncertanity 37 attending the future, business is thrown more and moro into the bands of tbe few who are able to buy and sell for cash. The country is suffering from tbe demoral izing effects of financial doubt and uncertainty, already so great that ordinary mercantile investments are losing tbeir legitimate character of efforts to supply tbe demands ofthe people, and are becoming guesses or chances like those in a lottery1- — dependent upon the unknown and secret will of the officers and advisers of the Government, and tbe influence they exert in tbe price of that which is given and received as tbe standard of value. Tbe relation between debtor and creditor on all previously existing pecuniar}' contracts bas been arbitrarily changed. Each merchant, jobber and retailer, charging a percentage on the increased price of the article which passes through his hands, the continued and progressive accumula tion of prices presses with peculiar hardship and severity upon the laboring man, whose wages, in times like these, are the last of all things to rise. The clerk who has agreed to work for a salary, and has arranged bis expenses in accordance with his means, finds himself unexpectedly, and from no fault of bis own, unable to meet bis daily expenses. The family of him who has spared from bis income a small sum for life insurance, finds the result of bis bard earnings reduced by these deplorable laws, upon the death of a father, more than one third, nearly one half of the just amount. By the practice of constant economy, the parent of many vir tues, numerous day laborers and other persons have deposited in savings' banks a sum estimated as amounting to at least two hundred and fifty millions dollars in the free states. The depreciation in these frugal savings of the most industrious classes is already more than one hundred millions of dollars. It contrasts strangely with the sums realized by fraudulent contractors, and with the enormous fortunes made by tbe speculators who know beforehand the intentions of the administration. The motive for industry and economy is thus impaired among one of the most deserving classes of tbe people by abusing tbeir confidence, and destroying their sense of security. The state fares ill, indeed, when favorites thus flourish ; when the industrious are deprived of their earnings by the Govern ment which should protect them, and tbe idle and rapacious are enriched from the spoils of the better part ofthe community. "The soldier and sailor of the regular army and navy, together with those, wbo in the hour of our peril, have nobly come forward to give their lives, if need be, to tho service of tbeir country, thus lose nearly half of their pay by the act of that ad ministration whose commands they loyally obey, however repugnant the ruling policy may be to their convictions regarding the welfare and true honor of tbe nation. Where men enlisted under a stipulation that their pay should be thir teen dollars, they receive considerable less than eight dollars in actual value. Pensions for tbe maimed and wounded are reduced in the same proportion. He who dies upon tbe field, and leaves behind bim a widow and orphan children depending upon the bounty of bis country, who^e gratitude ho so well merits, and in whom he had confided with the proud love of bis heart, knows that the cold charity of a pension thus unjustly diminished, is all that will be doled outto them; but he knows not what will be the end of these curtailments now already so far ad> yanced. "I leave the legal questions arising as to the obligations of contracts and tbe con sistency or conflicts of recent enactments with the constitution of our country, to be decided in those courts of law, where I trust the zeal and blindness of party, 38 strife, and politics may never enter. My purpose in tbis place at present, is to dis cuss the tendency and effects of law — not their constitutionality." At the beginning of the war, he had urged upon Congress the importance of a prompt and judicious system of taxation, adequate to meet the coming demands on the government, aud maintain its credit. Now, as other temporary expedients had been adopted, but had not received the unanimous support of the country, he suggest ed that the Secretary of the Treasury should be relieved from a portion of the solemn responsibilities that devolved upon him, by the appointment of a Commission to enquire, with his co-operation, into the best method of arranging our financial affairs. It would have been a special part of the duty of such Commission to call be fore it, without any regard to party, the wisest and most distin guished bankers and commercial men of extended experience. Thus the odium and partialities which it is difficult to separate from private conferences, would have been avoided. All such leading periodicals of that time, as represented the views now commonly entertained by those who have studied the financial affairs of the nation, hailed with high enconium the exposition given by General Ward — the New York World saying : " Mr. Ward's speech in Congress, on the finance bill before the House, is tbe most able speech yet delivered on this subject during tbe existence of this hapless Thirty-ninth Congress. It is replete with official statistics, facts and sound rea soning on the same, illustrated by parallels drawn from history, which are so ar ranged as to force conviction upon the reader, by the irresistible logic of truth ane common sense, and in this respect it forms a pleasing contrast to the misstatements and absurdities of some other honorable members. General Ward reviews in de tail the advance in prices, caused by excessive issues of legal tender notes, and exhibits in a practical manner the Secretary of the Treasury's misstatements respecting prices, the premium on gold, and the redundancy of paper money. Mr Ward records his earnest protest against further issues of legal tender notes. His speech ought to be read by every citizen, as it gives an intelligent exposition ol this currency question." The hfe-long character of General Ward was so well understood that even during the political debates of the most excitino- times the purity and loyalty of his motives were never questioned. He saw that, if secession were permitted to triumph, further disruption 39 would be the logical and natural result. He always recognized the desire of the people to sustain the government, and to bear the just burdens resulting from it. AU honorable members, even those whose opinions were not in accordance with his own, appreciated his deshe that the necessary taxation should be so arranged as to be as bttle burdensome as was possible. He always regarded tbe revolt as " an attempt on the part of the few to create a revolution against the wishes of the many." And always maintained the full force of the great argument, stated in liis own words, that " if we admit the right of secession there is an end to the Government ; and if We cannot put down the rebellion, this repubbc whl cease to occupy its proper position among the nations of the world." In the running debates on tbe details of the tariff, in June and July, 1862, when the excited condition of the public mind was seized by interested parties, as the opportunity of unreasonable tax ation, and the theory of ultra-protection was carried to its utmost extent, he took such a part as might have been expected from one who was never carried away by the furore of the day. He demon strated that, on many articles, addition of duty would lead to a diminution of revenue, and maintained that revenue for the rehef of the people, and to furnish the sinews of war, was the proper object of the changes in the tariff at that time. When unjust discrimination in taxation was the order of the day, and popularity, emoluments and official position were the rewards of those who stimulated extravagant expenditures, and professed be lief that " a national debt was a national blessing," he told the House that, for generations to come, the laboring men of the United States would be compeUed to labor for several additional hours daily, and to stint themselves and their families in necessary comforts • not to speak of accustomed, and almost necessary luxu ries, in order to repair the combined results of the deplorable war, and of an unnecessarily burdensome financial pobcy. 40 In subsequent debates on the tariff be took a leading part. In a speech made on the 2d of June, 1864, he was already enabled to appeal to experience in proof of the opinions he had formerly ex pressed as to financial affairs of the nation. He said : "A fundamental error was long ago committed, in creating the system of legal tender, and tbe earnest conviction of many wbo knew better than to depart from the truth and reality, have been changed into faint scruples, and then entirely overcome. Tbe spectral doctrine that we can make money by printing it, bas superseded the dissolving views of specie payment. Tbe effect of all the redun dancy of paper is that $100 in gold will buy national securities to the amount of $190. We must 1reat the public debt as something to be actually paid. We must treble our revenue by a well considered system of taxation, pressing as lightly as possible upon the working and producing classes ; and we must cease to inflate the currency by fictitious values. There is no subject so important to tbe people as tbis collective indebtedness. ' One dollar saved by taxation is,' as has been said by tbe Secretary of the Treasury, ' of more real value to tbe county, than two made as money is now supposed to be made ; and tbe tariff should be so arranged as to yield the largest possible revenue to tbe country, with the least possible inconve nience to the people.' " He drew the attention of Congress to the valuable financial re forms, by which the statesmen of Great Britian had so greatly relieved the people of that country, and pointed out that we, with much benefit to the masses of our own citizens, might limit taxation to fewer articles. He showed that, of the $120,000,000 derived from customs in the United Kingdom, the year before he spoke, ninety per cent, was obtained from six articles only ; and he pre sented to the .House a short but complete analysis of the revenue system of that country, setting forth that of the whole income of $355,000,000, spirits contributed $63,000,000, or 17 1-2 per cent. ; beer, $30,000,000, or 8 1-2 per cent. ; tea and coffee, $30,000,000, or 8 1-2 per cent.; tobacco, $28,000,000, or 8 per cent.; sugar, $33,- 000,000, or 9 per cent.; wine, $5,000,000, or 1 1-2 per cent.; stamps, 845,000,000, or 12 1-2 per cent ; income and property, $55,000,- 000, or 15 1-4 per cent. ; a land tax, $6,000,000, or 1 1-2 per cent. ; ex cise taxes, exclusive of spirits, $10,000,000, or 2 1-2 per cent. ; the post office, $18,000,000, or 5 per cent. ; assessed taxes, $9,000,000, or 2 1-4 per cent. ; and sundry other articles, $23,000,000, or 6 1-2 per cent. 41 He declared the duty of the representatives of the people in Con gress to be to legislate, not as partizans, but as statesmen, coihpre- hending aU the great interests of the country, and defined the proper object of a tariff bill to be to realize as large an amount as is practi cable, on articles of luxury, to simplify the whole system, to dimin ish the expense of coUection, prevent smuggling or illegal trade, and subject the pubbc to as little vexation and inconvenience, as few unnecessary burdens as possible, and to relieve the masses of the people from any increased price in the necessary articles of bring. But tbe House had passed from one extreme to another ; from a disposition to postpone, indefinitely, the enforcement of the neces sary revenue, it rushed to inordinate and ^discriminating taxation. At this time, the absence of proper information as to disburse ments on behalf of the nation, became a subject of grave interest to many thinking men, and General Ward, for the purpose of keeping the capitabsts and people weU informed as to the condition of the public finances, introduced into the House a resolution, directing the Secretary of the Treasury to furnish to Congress, every fort night, an account of the receipts, expenditures and estimates of the various departments of the government. IBs motion did not, at first, produce the desired effect ; but tbe jilstice and desirability of the object he had in view were so obvious, that the Secretary of the Treasury, who, from the beginning, admitted the soundness of the principle impbed, soon afterwards began to issue the monthly state ments, which yet continue to be made. On the 4th day of April, 1864, when "the National Bank BiU" was under discussion in the House of Representatives, Mr. Hooper, who had charge of the bill, announced that the only bmit to the banking capital employed under it was the amount of the national debt as it was then, or might be in future, and that the capital might be three times the amount of any such debt. As tbe debt then ex ceeded $1,500,000,000, the amount of the capital thus authorized was $4 500,000,000. General Ward showed that the currency of 42 the whole nation never before, except in 1857, when the ten south ern states were with us, and we were a unit, reached its maximum of $214,778,822, and expressed his belief that the issue of mere promises to pay, called paper money, instead of the adoption of prompt, vigorous aud adequate measures of taxation, has from the first been no less injurious to the pecuniary interests of the nation than to a just appreciation of the political crisis and revolution in which we are involved. He said : " I have never shrunk from voting all such supplies as the government con sidered necessary to overcome the rebellion, yet I have always desired that while tbe citizens ofthe United States are growing poorer and poorer every day, as long as tbe war continues, they should be deluded by no fictitious appearance of pros perity, but these truths which the)!- are here to learn at last, should be brought practically home to their minds and pockets from the beginning. Under such a sys tem of taxation as I have advocated, great economy would have been practiced ; our securities would have commanded in a greater degree, the confidence of capital ists, and the people : our national counsels would have been more deliberative, and we should have been stronger in the end." By a series of important historical facts and statistics he showed the dangers incident to a large and sudden expansion of the cur- rencj'. The views he advocated are those of which the truth is now strongly felt by progressive thinkers, and is rapidly becoming popular ; but when he had the boldness to utter them, they were voted down by the financial neophytes of the day. In less than a year from the time when he spoke, the reaction against extreme and precipitate measures had attained such power that he was en abled to say in the House of Representatives, without contradiction : " Some of my friends on the other side of the House, who looked on tranquilly at the time the mischief was being done, have now become alarmed, and call for a suspension of the issues of the national banks, and for measures against state banks, which, in their operations, will be equivalent to tbe extinction ofthe latter institutions. As is the case with all panic-stricken people, they want now to run from the point of extreme inflation, to that of extreme compression, and ad minister a course of heroic remedies, which may cure tbe disease at the expense of what little life remains in tbe patient." Throughout the period when General Ward was a member of Congress, he was regarded as being especiaby the commercial rep resentative of the city of New York, and many memorials on sub- 43 jects connected with trade and navigation were intrusted to his charge. A petition was presented by the New York Chamber of Commerce to Congress, in January, 1864, asking for subsidies to a first class bne of American steamers to make regular trips from New .York to Liverpool, and also to the ports of our continental neigh bors upon the South American and Pacific shores. They stated that: " Our steamers have been driven from the ocean until now ; not a solitary one carries our flag to any European port. Not because our mechanics are not as skill ful — witness tbe triumphs of the Collins side- wheel, and recently the triumphs of the Pacific screw steamers ; not for want of enterprise on the part of her citizens, for the steamers already built cannot bold tbeir own upon the seas for want of that aid and fostering legislation which other Governments so liberally supply, and without which competition is ruin." The petition was referred in the House of Representatives, to the Committee on Commerce, a majority of which was adverse to any ac tion at that time ; but consented that General Ward make a report, in which the cardinal interests of the country, on this important branch of industrial enterprise, were ably advocated. In a series of admira bly arranged tables, he showed that the steady and gradual increase of the commerce of Great Britain over our own, even with our neighbors on this continent, has followed closely from a quick per ception of the effects oceanic steam navigation would have upon commerce, and from appropriate legislation in accordance with this wise foresight. He proclaimed it the duty of the Government, in view of its own financial interests, and of the commercial, agricul tural and industrial prosperity of the people of the United States to give such reasonable encouragement, by subsidies and postal con tracts to hues of steamships running from our own to foreign ports, as would enable the owners of American steam vessels to compete on fair terms with those of the leading commercial nations, on the great highways of the world. His positions as to our trade with South America and China, were presented with great force, and subsequent events have confirmed their accuracy. He said : " In borrowing so largely as tbe Government has done from tbe nation, it has 44 assumed duties of a new class— the duty of rendering that burden as light as possi ble to the people who have assumed it. As the rebellion wanes, and tbe dawn of national prosperity again brightens, the energy ofthe people of tbe United States will be aroused to the renewal of the struggle for commercial prosperity, and it will not surely be expecting too much, that some additional debt be incurred to develop that branch of industry, which the experience of all nations bas shown to present the readiest and most equal method of meeting the expenses of Govern ment, and interest on its obligations. " Wherever steam communication has been introduced by Great Britain, it has been followed by an immediate and rapid increase of her trade with the country with which she has increased her commercial facilities. This continued increase threatens to diminish our own commerce. These results, in relation to Brazil, are everywhere manifest. It is the same in Mexico, Central America, and the West Indies, countries rich, fertile, capable of vast productions ofthe most valuable character, such as coffee, sugar, cotton, tobacco, the prime necessities and the most prized 1'jxuries of modern civilization. " But more than all important is tbe proposed communication with tbe east. By it, the Atlantic seaboard cities will receive tbeir letters in fifty to fifty-five days from Hong Kong, Shanghae and Niphon ; and information will pass by telegram, ¦via San Francisco, in twenty-five to thhty days. When the projected railroad across the continent is complete, communication by letter may be made in thirty- five days, or thereabouts. A large trade will grow up between the eastern and the western shores of the Pacific. The circle of commerce will be complete ; all na tions, and tribes, and races, will be brought into close and intimate relation, and all that is physical having been subordinated to the comfort and happiness of man- kind.'the world will await, with awe and wonder, what new development of its progress is yet reserved for the human mind, under the inspiration of the Author and Ruler of the universe." In 1S64, General Ward was, for the fifth time, nominated for Congress by the democratic party. His opponents were the Honor able Henry J. Raymond, on the part of the republicans, Colonel Rush C. Hawkins, an irregular repubbcan, and Eli P. Norton, the candidate of a few disaffected persons who disliked the patriotic support given by General Ward to the war measures of the Govern ment. The vote in his favor was as large as in the canvass of 1862, but the constituency had increased, and Mr. Norton chew away a sufficient number of votes to defeat him. Thus, by a majority of 386, Mr. Raymond was elected. From the earliest moment of his public life General Ward had foreseen bow destructive of tbe hfe and property of his fellow citi zens a war between the northern and southern states must be and had conscientiously done his duty in endeavoring to avert it. He 45 understood the subject too thoroughly to suppose such a contest would be terminated in sixty days, as was confidently asserted by some who ought to have known better, and he sought none of the popularity, with its accompaniments of emoluments, power, and political honors, which, at one time, were at the service of those who deluded the people with this flattering and pernicious expecta tion ; but, when the crisis came, he desired nothing more earnestly than that all the resources of the nation should be economically, vrisely, and speedily applied to crush out the rebellion. He held that the doctrine of secession was that of perpetual dis integration, but he also believed that if pure patriotism and a desire to maintain the supremacy of the Constitution, had been the con sistent rule of action, throughout the different branches of the gov ernment, the struggle would have been kept within narrower limits, and have soon ended. In his speech on " the true policy of tbe government relative to the conduct of the war, with a view to the restoration of the Union," delivered in the House of Representatives on the 9th of January, 1865, when it had under consideration a resolution submitting to the legislatures of the several States a prop osition to amend the Constitution of the United States, so that all persons should be equal under the law in all tho States, without regard to color, and that no person should thereafter be held in bondage ; he said : " It is not my intention to discuss, at this time and place, the causes which have inaugurated tbe terrible rebellion which bas already cost the republic such a frightful waste of lite and treasure. It is enough for me to know that a death-blow has been aimed at tbe heart of tbe American Union, to feel indignant at the out rage, and solicitous to avert it. It is enough for me to know that a sacrilegious attempt has been made to break up tbe wisest form of government that human wisdom ever devised, to feel it my duty to join in the effort to chastise the perpe trators of so great a crime. I have not approved of all that bas been done under the sanction of the war power. I have deemed it proper to protest, in the name of tbe loyal and law-abiding constituency I have the honor to represent on this floor, against certain acts of tbe Executive and Congress, which, in my opinion, have been the means of prolonging this sanguinary war ; but I am settled in the convic tion that secession is treason, and that, as such, it must be put down at all hazards, and at any cost. If secession succeeds, republican liberties are lost forever, and the 46 government, failing to vindicate its power, would forfeit the consideration and respect of every civilized nation on earth. If the heresy of secession were to be recognized as a canon of our political faith, there would be an end to our govern ment. Let Louisiana secede unhindered, and then, when that act has been accom plished, what is to prevent her from handing that State over to England or any other power, commanding, as she does, the mouth of the great Mississippi ? This she most assuredly bas a right to do, if she has a right to secede, thus closing up the " Father of Waters," and excluding all the states on its borders from a market. The same rule would apply to any other seceded state. Hence tbe duty of every American patriot, whatever his station or condition, to uphold the government in its efforts to compel the seceded states to respect the Constitution and the laws ot tbe country. Upon this conviction of duty I have ever acted since the first insult to our flag was offered. Tbe same abiding sense of tbe responsibility which rests upon me as a representative of tbe people in Congress will, I trust, carry me un flinchingly through whatever phase may yet remain undeveloped in the fearful drama which has been so long in process of action.'- He explained the solemn convictions from wliich he had consis tently advocated the war pobcy of President Lincoln, with whom he was on terms of warm personal friendship, and had devoted all his strength " to the support of the Government, the Constitution and the Union, looking upon secession as eternal war, and recognizing this great principle — that we are one people, that one we wiU re main, and one we will die." He alluded to the various proclama tions of Generals Fremont, Hunter and Phelps, all of winch the President had revoked, declaring again and again that he had no right, under the Constitution, to emancipate the slaves, and to the instructions under which Governor Stanley and many others had spoken in every part of the country, declaring that President Lin coln was no abobtionist, but was the best friend the south ever had, and that all the administration wanted was peace. The expression of these sentiments produced a strong feeling of reaction in the bor der states, and added thousands upon thousands to the bsts of recruits. In advocating the views thus taken by the President, General Ward said : " I am well aware, sir, that my course in sustaining the war policy of tbe Presi dent has subjected me to considerable animadversion, and that my motives of action have frequently, and sometimes wickedly, been misconstrued by those who either could not understand tbe emergencies of the occasion, or who preferred see ing this great republic split up into fragments, rather than yield one iota of their 47 prejudices. But, sir, there is one tribunal to which I appeal with feelings of pride and confidence from tbe judgment of disunionists : it is the tribunal of my con science. The verdict which I find recorded there will sustain me under all calum nies and vituperations. When tbe day shall come for me to render an account ot my stewardship to my constituents, I shall be able to show them that, in denounc ing treason, and in sustaining the government in its efforts to put clown rebels in arms, I have been true to myself, to my country, and to the sternest requirements of tbe democratic creed. How much the democratic party, acting as a party, through its organization, may do to bring back peace to the country, it is impossi ble to predict. It will depend upon the steadiness with which- it adheres to what are admitted to be democratic principles. To expect to return to sound practices in the government, through the medium of a party which, from any suggestions ol expediency, however plausible, departs from its principles, is, of all expectations, the most irrational. Peace will return ; the war fury is a passion which exhausts itself. But however desirable peace may be, we ought to be united in the deter mination, that when it comes, it should bring with it the union of the states under the federal constitution. Those who fail to recognize this national exigency are not imbued with tbe true spirit of democracy ; they have read the signs of the times to veiy little purpose. Tbe democratic party is essentially a party of pro gress, and those who aspire to be its leaders ought, at least, to have sense enough to know that we are in tbe midst of a great revolution, and that revolution is progress." He deplored the existence of causes injurious to the unanimity with which, at the beginning of the war, the people of the whole north had raUied to the support of the administration, and- showed that the unanimity had continued until the prosecution of the war was diverted from the original object, the restoration of the Union, and a series of measures, such as confiscation, suspension of the writ of habeas corpus, and others of similar nature, were inaugurated, thus dividing the north and uniting the south. Confident that negro servitude could take no firm root in the ter ritories, but would be naturally .and surely destroyed by the laws of cbmate and soil, which rendered it unprofitable therein, and there fore could be bttle affected by any provision embodied in the Con stitution, and that the war would end slavery in the Southern States; he opposed the amendment on the ground that such changes should never be made without grave and adequate cause. Each such infraction of the Constitution, under which the people have so far and so gloriously prospered, opens the door wider for Others a contingency which the people and statesmen of the 48 United States had, for wise reasons, always endeavored to avoid. He said : " Slavery has always been and is regarded as a domestic question. The right to abolish it does and ought to rest with the states in which it exists. Since the or ganization of the government, the law of climate and soil has controlled the sub ject, and has caused the abolition of slavery in six of tbe original states, and either abolished or prohibited it in all but nine of the new states since admitted This government is one of delegated powers, and those not conferred are reserved to the states respectively, or to tbe people. In regard to slavery, tbe constitution is silent, and, therefore, no power exists to amend it in the respect indicated ; and in addition, in my judgment, that instrument contemplated that all the states should participate in any amendment thereof. Sir, I do not stand here as the apologist of -slavery, but merely to insist Uial we have no right to incorporate the proposed amendment, and that even if the right exists, it is a most injudicious time for the exercise of the power, when wo should desire to bring back tbe seceded states to loyalty and obedience." While he regarded all such legislation as practically worse than useless, he was one of the first to recognize fully that slavery was destroyed by the war, and he announced in terms no less strong and explicit, that he was resolutely opposed to the re-admission of any state which was then, or had been, occupied by our armies, into the Union, with the legal right of property in slaves. On this pob# he used the following decisive terms : "I am as strongly opposed as any of my compeers on the other side of thf> House, to the re-admission into the Union, wilb the right of slave property, of any state where slavery has been swept away by tbe onward march of our armies. Whatever may be the object of the war, the pract;cal result is tbe sam;-, and that is, tbe overthrow of slavery in all those portions of slaveholding territory which our armies subjugate ; in these tbe relation of mastsr and slave coase to exist. The masters retreat as our forces advance, and carry with them a portion of their slaves, but the greater part remain behind and take refuge within our lines ; aud tbe ques tion is, what shall become of them, and what are our du'.ies in regard to them ? The American people have behaved admirably since this war broke out Tbey have shown an energy and elasticity of sphit, a power of organization and combi nation, a readiness to make sacrifices, a patriotic devotion, worthy of the hi°'h?st praise. Let us not forget the claims of those unhappy freedmen whom we °have deprived of their masters, their natural guardians and protectors." During a debate in the House of Representatives, on the 27th of February, 1865, on the bill then known as the "Loan Bill," or "the bill to provide ways and means for the support of the government " General Ward took the ground that the people are vitally interested" 49 in maintaining the pubbc credit, and in the adoption of the course of pobcy best calculated to promote that end. " Difference of opin ion should," he said, "only exist as the mode of attaining such a result." By this time the inflation of the currency, had begun to excite general alarm, and the Comptroller of the Currency, in a circular addressed to the national banks, had already gone so far as to say that "the apparent prosperity of the country will be proved to be unreal when the war is closed." He opposed the increase of inflation which, in spite of the warning, was permitted by the bill, and strenuously urged the early adoption of some plan for funding •the pubbc debt. He laid down the following rule of taxation: " The foundation of our national prosperity rests on tbe remunerative character ofthe labor ofthe working classes, while the safety of our political institution lies m the contentment of that part of our population. Let the savings of the sinewy masses be swallowed up in taxation, and the growth of our wealth is arrested by a disease at its root. Let the working people, wbo constitute a large majority of ihe population, be taxed beyond their share in the material interests of the country, and in paying the expenses of one revolution, wc sow the seeds of another. The only method of avoiding the creation of class distinction, and escaping an aristoc racy of capital, is to see to it, that the citizen is taxed as nearly as possible in pro portion to bis means. Any system of taxation that does not draw revenue chiefly from the classes best able to pay, is inconsistent with republican institutions, and must ultimately be overthrown by the vote of the masses, or itself overthrow the democratic constitution of society." He again drew attention in detail to the simplicity of the system of taxation, then recently adopted by Great Britain for the relief of her people, showing, among other things, that the interest on the national debt of that country, — nearly $4,000,000,000, — is paid en tirely by the duties on two articles, spirituous liquors and tobacco ; and said, at the conclusion of his remarks : " We must, at the earliest moment, return to a sound system of finance ; tbe great excess of paper issue must be withdrawn ; the expenses of the government diminished, and the debt funded and placed in process of liquidation, or the crisis will culminate in general bankruptcy and, perhaps, in repudiation. While the resources ofthe country are not adequate to meet the present and accruing liabili ties, still upon the return of peace, we may hope for such a rapid development of the vast wealth of the country as will enable the people to bear lightly the gigan tic debt that will be created during the war between contending states, whose greatness and power depend upon unity." 50 ' The latter years of the service of General Ward in Congress in cluded the whole period of the great civil war, an epoch of vast import in the history of the United States, and such an one as may not again be witnessed for many generations. The republic of the United States, comparatively young among the nations of the world, called into the military service, within four years, more than two millions of men to preserve its existence, and developed the mar vellous financial and material resources required to meet an expen diture of about $3,000,000,000 in support of the government, and to maintain its vast army and navy. Never before did any people so voluntarily and successfully assert their attachment to the insti tutions of their country; and not the least of the inspiring results to the friends of republicanism was the gradual, natural and com plete return of the victorious citizen-soldiers to the peaceful pursuits of industry. When in Congress, General Ward served upon the Committee on Commerce, on that of Roads and Canals, and of the District of Columbia. In addition to the demands made upon him by his legislative duties, much of his time was occupied by special appeals arising out of the war. It was, perhaps, the unavoidable result of the great pressure of public business that the summary dismissals from the army, and the hasty action of court martials, often did great injustice to officers. In these cases his friendly aid was often solicited. Frequent applications were made to him by parents, for passes and other facilities, to enable them to visit their sons, when wounded, or to recover their remains. He was ever ready to give his time, and sympathizing attention to these calls ; and his ready access to, and influence with President Lincoln, the members of his Cabinet, and the heads of the departments, were such that none in any just case, ever departed without the desired relief or action. By these means many an officer is enabled to recollect with o-rati- tude the substitution of the word " honorable " for that of " dishon orable" in his discharge; others were promptly restored to their 51 commands ; and many who were wounded and dying had the con solation of being attended by their relatives and friends. In May, 1865, he sailed for Europe. After visiting England, Scotland, Germany, France, Italy and Switzerland, he returned to ' the United States in the autumn of the same year. ; On the 28th of August, 1866, he was married to Mrs. Ellen E. Stuart, widow of the late Robert Stuart of the United States navy, a lady of high culture;and of a truly benevolent and christian charac ter. They sailed for Europe on the following day, and remained abroad until September, 1868, having in the meantime made an extensive torn- through Egypt, the Holy Land, Turkey, and all the European countries. In October, 1868, two of the democratic organizations in his old district tendered him a nomination for re-election to Congress. While appreciating this renewed evidence of esteem he respectfully decbned being a candidate. In pursuance of an invitation, General Ward, on the 9th of March, 1870, addressed a meeting of the members of the Chamber of Commerce, Commercial Union, New York Produce Exchange, Ship Owners' Association, and Citizens' Association, all of the city of New York, taking as the subject of his discourse : " Our Inland Commerce — a free canal pobcy the best guarantee for its preserva tion and increase." He is weU known as having always been a warm friend of such a bberal administration of the affairs of the State, as would best pro mote the commercial relations between New York and the Great West, and on which so much of the prosperity of each depends. He deems the proper rule in all taxation to be, to take a small por tion of that which men seek as the end of their labor, rather than to impair the means by which they gain their subsistence, and is an open enemy of the narrow and mistaken policy of high tolls on the pubbc works of tbe state. He observed with deep regret the di minished proportion of western products, received at New York, 52 and the diversion of this valuable trade through other states and . Canada, and saw that it could only be regained by such a reduction in the cost of transportation as would enable us again to offer in ducements superior to those of other routes, by underselling our rivals, while leaving a fair profit to those engaged in the business. He fully appreciated the importance to laboring men, mechanics, merchants, manufacturers, and to the farmers of our state, of being enabled to purchase grain, food, lumber and other raw materials at low prices, and saw that the state itself could do much towards the attainment of this desirable object, by reducing the rates of tolls on the great thoroughfares of which it is the owner. The high rates had proved a double failure, and had not only driven trade away, but had decreased the revenue, and the real question at issue, was not merely whether the revenue of the state, from the articles whence it had chiefly been derived, should be less or greater; but, whether on the transit of these articles with its valuable employment of a large number of our citizens, the reve nue thus received should be entirely lost by high charges or retained and increased by a moderate tariff of tolls. In describing the national advantages of the harbor of New York, General Ward having referred to the suggestive fact, that railroads " cover our country with a net work, and lead from the north-west to many cities on the Atlantic coast, but, of all the sisterhood of states, New York alone, possesses a good water route from the lakes, and the great granary of the interior to the ocean ; " added as the result of his observations in the old world, that although railroads are pre ferred as the means of carrying passengers, and transact an enorr mous and increasing business in freight, the canals aud natural water courses compete successfully with them, in the carriage of heavy and bulky articles, such as form almost exclusively the mass of the exports from the west to the Atlantic. He briefly described the topography of the continent ; referred especially to the Appalachian or Alleghany range of mountains 53 reaching from Georgia to the northern extremity of Gaspe, driving the water from the great lakes far to the north, but leaving an opening in the Catskills, made when the mountains were formed, through which the Hudson flows, affording those facilities for tran sit which, in connection with the almost unrivalled harbor at its mouth, and the level surface of the land route, chosen for the canals between Schenectady and the lakes Ontario and Erie, give to New York her inland and foreign commerce. In this connection he alluded to the present and future condition of the immense areas north-west. " The rich wheat plains of the Red river of the north, and those of the yet greater valley of the Saskatchewan, well named the Mississippi of the north, which are ready to pom- millions of tons of grain into the cars of the railroads, almost as soon as its passenger trains afford an opportunity, for the industrial army of settlers to make war upon the yet primeval wil derness." He said : " Thus the great course of the inland trade of this continent is to and fro between the east and the west. Before the Erie Canal was opened, the difficulties of car riage between these two portions ofthe union were so great as almost to constitute an embargo ; but no sooner was this public work in operation than the cost of transportation from Buffalo to Albany was reduced from $100 to $10, and after wards to $3 a ton. Until the canal was made, the productions of the west were of little commercial value ; there were few inducements for the emigrants to settle on the new shores of lakes Erie and Michigan, while the country beyond them was a yet more unbroken wilderness. The opening of the canal had an electrical effect, not only in our own country, but also in stimulating the immigration of the laboring population of Europe ; and the development of the west was accompa nied by a corresponding increase of business in the City and State of New York • and New England." No speech he ever made was characterized more decidedly by his habit of condensing important statements, and yet presenting them with such simplicity, that the laborious investigation they required is not at first perceived, and he who runs may read and understand them. From this excellence arises tbe difficulty of giving a more brief analysis of his ideas than was made by himself. He showed that, as long ago as 1860, the total income from the Erie Canal had been more than $41,000,000 over all the expenditures for it, 54 and that by its suitable enlargement, the total cost of bringing a ton of grain from Chicago to New York need not exceed $3 75. " Thus," he said, " we should give tbe grain producers of our country unprece dented facilities for successful competition in foreign markets. The benefits cre ated would extend to purchaser and consumer everywhere. There can be no doubt that, by attracting trade through a judicious and liberal system of low tolls, the revenue directly derived by the state treasury itself, from the canals, would be far greater than if we continue the absurd and unbusiness-like policy of gradually driving trade away by exorbitant charges." Ofthe profits from the canal, he. said: " We are to estimate them by the increase of individual wealth throughout the community, the rise in real estate, both hi city property and in farms, and by the multiplication and prosperity of our people. It would not be difficult to show that by opening out the west to settlement the canal contributed more than any other single cause to tbe preponderance of tbe power of the north." In concluding his speech, he said : "I rejoice to know that the interests of our city are those ofihe Union at large, and that, in finding or making a way to develope the natural advantages of our position, we not only benefit ourselves and the northwest, but, by increasing profit able shipments of our productions to other countries, enable our people more easily to pay interest on the large and increasing amount of our national, and other securities, held in Europe. " The canal is both locally, and, in a cosmopolitan sense, an important division ot that yet more comprehensive subject — the commercial intercourse — which is materially the main-spring of modern triumphs over the forces of nature, the ad vancement of civilization, and the increase of human welfare. In a familiar photograph of the travelling and carrying system of bis time, Shakespeare pleas antly suggests bow recent is the progress of our race on these points. We remem ber how the company of eight or ten persons assembled at Gad's Hill, and traveled together for protection against common danger, and how, ofthe two strictly .profes sional carriers, one bad on his solitary horse, a ' gammon of bacon and two razes of ginger,' and the other bad 'turkeys in his panniers.' Having thirty miles to travel, the members of tbe cavalcade rose at two in the morning, that tbey might perform the journey before night. In those clays, not only was there no railway and no canal, but even good wagon roads had no existence. When estimating what the future will be, we properly compare the past with the present, as it is, not only in Great Britain and throughout Europe, but in this country — a wilderness iu Shake speare's time. Instead of a couple of carriers owning two horses, laden with one piece of bacon, two 'razes' of ginger and half-a-dozen turkeys, tbe modern substi tutes in the United States alone have a capital measured by thousands of millions of dollars, and theh traffic is estimated to be worLh as many millions annually. " The United States, to a greater extent than any other country, either of ancient or modern times, possess alike the unprecedented appliances of modern science to the production of all that is desirable for tbe material welfare of man with un limited natural resources, and no limits can be assigned to our progress if to a 55 .sound and decisive -policy on subjects directly financial, commercial and educa- tional, we add due attention to the material advantages obviously within our reach." The statistics and facts adduced by General Ward were both curious and striking, and his speech attained an extensive circula tion and popularity. The question of low tolls had for many years been the foot ball of parties, but in 1871, the pobcy, of which he demonstrated the expediency, was fully adopted by both. All good and thoughtful citizens will hope that this unanimity wiU be per petual. When General Ward ceased to be a member of the House, no representative remained who was willing to devote the requisite attention to our relations with Canada ; and the enemies of reve nue reform, knowing well what was never absent from his mind throughout his discussions on this subject, that it is impossible to arrange our commercial intercourse with Canada on a permanent basis, unless we first apply to our own affairs, in a yet unattained degree, the principles of common sense, and of pure government; have been more than willing to avoid investigation, and let the mutual interests of our own citizens and the Canadians remain un- consulted. Those who are not the friends of mankind profit by dissensions and divisions among the people. Every new railroad in the United States and Canada, leading towards their respective territories, is steadily an antagonist, working day and night to the frontier custom houses. Mutual rights of free import, export and transit throughout the two countries must exist before many more years have elapsed. General Ward treated the subject upon the ground that the legitimate interests of the people on both sides are harmonious, and that magnanimity, mutual respect and accurate statements are better elements for American diplomacy, than unscrupulous bargaining, and a vain, absurd and unworthy attempt, nominally to, coerce the Canadians ; but intended less to effect that object than to excite the tumid tuous approval of 56 the unreflecting portion of our own citizens. The representatives of the .old high tory principles in the New Dominion, who desire to prevent her annexation to this country, advocate the same policy as that of the' adversaries of revenue reform in the United States, and strive to prevent the free commingbng of the people of the two countries in the friendly and profitable pursuit of their mutual and respective interests. The growing importance of our commercial relations with Can ada was not unperceived by thoughtful men in tbe House of Rep resentatives ; the unsettled state of our affairs with Mexico, and the serious injuries sustained by the revenue of the United States from the estabUshment of the Libra Zona, on the Mexican frontier, in creased their interest in the subject, and soon after the return of General Ward from Europe, several leading members, without dis tinction of political parties, believing that the time had come for the adoption of such measures as will ensure the largest possible extent of mutually beneficial intercourse between the various nations of this continent, requested from him " an expression of his opinions as to the commercial system most worthy of consideration by the people of the United States and Canada, at this important crisis." The pith of his letter in reply is indicated by the words he used as a motto : " A free continental system, the best means of increas ing our agricultural, manufacturing and commercial prosperity." He deemed the opportune time had arrived when it was incumbent upon the Government of the United States at least, to ascertain by open inquiries, whether it is possible to give tbe people of both countries the power of profitably exchanging the productions of tbeir industry. The provinces had become united, and made Can ada more independent of European protection and control. This novel position and the evident wilbngness of Great Britain to en trust to the Canadians the principle of self-government to a yet greater extent, as well as the increased deshe of many of her lead ing statesmen to promote friendly relations with this country, occu- 57 pied a large portion of his letter. His views were in substance the same as those afterwards adopted by the Commercial Con- • vention at Detroit. Advanced enbghtenment is producing a quiet revolution. General Ward wrote : " In the present condition of Canada much depends upon the sentiments of the people of the United States and the action of our Government towards her. A friendly and liberal policy will insure her independence, churlish isolation and ill-will would drive her to seek a hew and closer, but temporary connection with Great Britain, less advantageous to the Dominion, tho mother country, and man kind, than such an arrangement as would fully secure tbe political liberty of Canada and establish free commercial relations with the vast confederation of the Celto-Teu- tonic States of our Union. " Tbe relative geographical positions of the Dominion and the United States are such that reasons tending to a closer union with this country than with Great Britain, must continually make themselves manifest ; but there is no reason why we should postpone mutual benefits, and, discarding a policy of attraction , persevere in repelling the Canadians from us. In this aspect I believe the discussion of our commercial relations with Canada is both opportune and important." He again explained and urged the adoption of the principles of German Custom's Union, comprehensively defining it to be " the association of a number of states for the establishment of a common customs' law aud customs' line with regard to foreign countries, and for the suppression of both in the intercourse of the states within the border bne." Experience of the benefits created by this system, was " so satisfactory, that the best pubbcists of Europe, believed that Prussia thus conferred upon the German people advantages scarcely inferior to those she initiated by the diffusion of education and intelligence." He showed that it not only promoted the indus try and prosperity of the allied states more than any other measure or sets of measures, that their government could have devised, but that it was found that the increase of wealth and population thus arising, created an additional demand for foreign products. Reasoning from this analogy, he drew the novel but truthful conclusion, which forms perhaps the most telling point in his letter, yet confined his remarks to economical or commercial views, with out defining' too sharply the boundaries between this obvious and material profit, and the yet stronger element of higher principles. He said: " The interests of the British people would ultimately be promoted by tbe applica tion of the zollverein principle on this continent. It would be an important ac knowledgment ofthe great natural law that whatever territories nature has joined together and made mutually dependant, should not be kept asunder by artificial arrangements. It would be opposed in Great Britain by those who have not learned wisdom from experience, and formerly thought the mother country would be ruined by granting permission to the colonies to import goods on equal terms from all countries. But as it could not fail to increase the prosperity of the states which would become parties to it, it would enlarge tbe power of their people to purchase abroad. It would bring, almost palpably and by personal perception be fore their minds, and indirectly force upon the attention of the rest of the world, the truth, that although tariffs for revenue are necessary, the profit or loss attend ing the exchange of industrial products among men is as independent of their various allegiances as it is of party fealty or religious faith among the individual members of each single state." The project of purchasing San Domingo gave a pointed applica tion to his remarks. He held that the material and other benefits of reciprocal trade with Canada would soon become so obvious, and our diplomatic and commercial power be so much augmented, that negociations with other American countries would be greatly facili tated. He said: " Instead of buying territory or paying people to enter into our political union, we might include Mexico, Cuba, and tbe Central American States, in one zoll verein. " Our commercial relations with these countries have long been unsatisfactory. We should acquire the chief benefits of actual ownership without its disadvanta ges. Additional capital would be attracted to Mexico and Central America. La bor in those countries would meet with more remunerative and regular employ ment. Thus an antidote would be provided to restless insubordination and want of steady industry. Personal intercourse among the inhabitants of tbe different portions of the continent would be incalculably promoted. The attrition would destroy mutual prejudices. Migration would take place to and fro between distant regions. As tbe industry of the inhabitants of every part would be more amply remunerated, they would be enabled to buy more largely from each other. As the most advanced manufacturers on this continent, the chief share of increase in the sale of manufactured articles would accrue to us : but all would be benefitted. The cost of articles of tropical origin to the people of the United States and Canada would be diminished. Thus the cost of living and of production would be re duced ; industry throughout the continent would be encouraged by tbe extension of our markets, and would be enabled better to compete abroad with other conn tries. No other course, so readily adopted, would tend so much to diffuse the ideas and industrial habits ofthe northern and most advanced nations ofthe world. 59 " The inhabitants of Canada are nearly homogeneous with those of the Northern States, and are accustomed to laws, traditions and institutions closely resembling our own ; but Cuba, Mexico and Central America have populations unlike ours in race, language and education. Mexico lias deplorably failed in attempts to copy our institutions, and the annexation of all these countries with the admission of their people, without preliminary training, to equal influence with our own citizens in the management of our own affairs is, at least, of questionable policy. But re ciprocal trade with them stands upon a totally different basis, and could not fail to be beneficial to all tbe parties concerned." He demonstrated that such a treaty with Spain as would ensure free admission into Cuba for our flour, other provisions, and various articles of manufacture, would be worth more than the fee simple of the island itself to the farmers and manufacturers and merchants of the United States ; and that the commerce created by a similar arrangement with Mexico would benefit the manufacturers of New England and Pennsylvania far more than the conquest or purchase of half the Mexican territory. The agricultural productions of Canada are almost identical with those of the Northern States, but would be exchanged for otu- own manufactures, and for the products of warmer cbmates, in part those of our Southern States, and in part of regions yet further South, whose products would thus be brought through our territory, and afford employment and profit to our people. Not a few narrow economists regard the prosperity of the United States as, in some way, a profit made at the cost of other nations, and of which they are naturaUy and reasonably jealous. General Ward clearly exposed the folly of this, the doctrine of the old Tory school of Great Britain, transplanted to the United States. He ranged himself on the side of those who, in this country, represent Cobden, Bright, Gladstone and other Liberal statesmen of the more grand and modern school, and showed that the bberal prosperity of the United States would continually react favorably in the nations of Europe, and not the least upon Great Britain, whose people are the most commercial of all. By such a customs' union as he advocated we would obtain aU the material benefits of complete annexation, without the annoyances and dangers inseparable from admitting the eo people of Mexico, Cuba and San' Domingo to a participation in making the laws for governing us, or forcibly obtruding our ideas- and institutions, where they would not yet be welcomed, might not be advantageous; but the frequent intercourse necessarily arising from free commerce with them, and the mutual migrations between us and them would tend to increased friendship among the people, and a gradual assimilation of ideas and institutions. In October, 1874, a week before the election, General Ward was nominated by the Democratic and Liberal parties for re-election to the House of Representatives, in the Eighth Congressional District, against John D. Lawson, Republican. In 1872, the District, as then constituted, gave Mr. Lawson 3910 majority, and ' the last Legislature of New York State added n portion of another Assembly District to it, to render more certain the election of a Republican member of Congress ; but General Ward overcame tbis large opposition majority, and was elected by 881 votes over bis opponent, notwithstanding that General Dix, the Repubbcan candidate for Gjvernor, received 280 majority. The success ef General Ward is primarily, owing to a spirit of self-reliance and decision, strengthened by obstacles, moderated by an unfailing generosity not ostentatious, but springing from the heart, and aided by a ready tact acquired through early and famil iar intercourse with men of every vocation. He has the advantages of a clear judgment, and a self-control seldom disturbed. None know better than he the wondrous power in seeming trifles, how much the right word, look, or tone can accomplish. There is no effort in his courtesy ; all his manner is easy, unaffected, ardent, and in marked contrast with that of the many men of distinction, who are conscious that the best security for tbeir reputation and imaginary greatness consists in keeping others at a safe distance. Endowed by nature with rapid, acute and accurate perceptions, he is one of the best judges of character, and, while despising pretentions, bas in an unusual degree, the rare and happy power of bringing out the best qualities of those with whom he is associated. He has few 61 enemies, and many warm personal and pubbc friends. The causes which laid the foundation of his personal popularity, furnish also the key to the characteristics which led him to further distinction. He always deprecated dissensions in his own party, and strove to moderate the strife between it and its opponents, so as to establish a common ground on which al. well-meaning and reasonable men might meet. Although, when he was a member of Congress, he was often in the minority, and opposed to the administration of the time, he never ceased to have, with the leading officers of state, a personal influence, which he freely used on behalf of his constituents, with out inqiuring too closely into their relations as partizans. Tins liberahty has been honorably reciprocated towards bim, both by individuals and tbe press. Educated in business pursuits, he keeps closely to the point under discussion, and deals with facts, not merely with theories. At all times he is ready to exert himself in urging legislative rehef for the sufferers ; and, throughout his many speeches on financial reforms and commercial subjects, he uses the results of his varied experience and study in constant application of the principle, that all legitimate interests are harmonious. Few have done more to guide aright the opinions of thinking men. In pubbc as in private hfe, he shrinks from nothing more than false hood or equivocation in word or spirit. Whenever time permits, his speeches are carefully prepared, and characterized by a candid condensation of sobd and comprehensive information, expressed in language at once simple and forcible. If it is not his peculiar gift to rouse, agitate, and control the passions of his hearers, none of his compeers in Congress excelled him in such persuasive presenta tions, even of the most intricate subjects, as carry conviction to the ¦ mind, and bear the test of reflection, in the conscientious discharge of the duties of a thoroughly practical statesman, or in vigilance aud devotion to the true and permanent interests of his constituents and Ins countrymen.