THE FINANCIAL FLURRY.

"Break, break, break,On thy cold, gray crags, O Sea!"

"I remember a day," said a friend not long since, "a day as sweet, calm, cool, and bright as that whose wedding and funeral song the poet sings in the same verse, when I stood upon the white sea-coast near Naples, and looked far away across the blue, silent waters, and up the gray, flowery steeps, to where the towering cone of Vesuvius cleaves the skies. It was in the spring-time; luxuriant nature seemed to have nothing to do but to grow and bloom, and the huge mountain itself was profoundly at peace,—smiling a welcome, apparently, to the delicate bean-plants and wild vines which clambered up its sides, and wearing a light curl of smoke, like a gay coronal, around its brow. The bay was alive with red-capped fishermen, each one intent on fishing up his inverted brother below him; the beach was thronged with women, who chattered cheerfully over their baskets; and along the road scampered soldiers in bright uniforms, as if they had no conceivable purpose in life but to bathe in that clear sunshine, and breathe that soft, delicious air.

"A few hours later," continued he, "I stood not far from the same spot, and saw that mountain angrily belching forth pitch and flames; the earth beneath my feet groaned with sullen, suppressed rage, or as if it were in pain; vast volumes of lurid smoke rolled through the sky, and streams of melted brimstone coursed down the hill-sides, burning up the pretty flowers, crushing the trees, and ruthlessly devouring the snug farms and cottages of the loving Philemons and Baucises who had incautiously built too near the fatal precinct. The poorcontadini, who lately chaffered so vivaciously over their macaroni and chestnuts, were flying panic-smitten in all directions; some clasped their crucifixes, and called wildly upon the saints for protection; others leaped frantically into boats and rowed themselves dead, in the needless endeavor to escape death; while the general expression of the people was that of a multitude who, the next minute, expected to see the skies fall to crush them, or the earth open to swallow them up forever. But I was myself unmoved," our friend concluded, in his usual vein of philosophy, "though, I trust, not unsympathizing; because I saw, through those dun clouds of smoke, the stars still shining serenely aloft, and because I felt that after that transient convulsion of nature the great sun would rise as majestically as ever on the morrow, to show us, here and there, no doubt, a beautiful tract now desolate, here and there a fruitful vale now filled with ashes,—but also, the same glorious bay breathing calmly in its bed, the same cloudless sky holding the green and peaceful earth in its complacent embrace."

We could not, as we listened to the story of the traveller, help considering it an illustration of that great convulsion of finance which has visited us during the last month. We do not mean to call this an eruption, which would scarcely be appropriate,—inasmuch as the characteristic of it was not a preternatural activity, but rather a preternatural stagnation and paralysis; but there is certainly a striking similarity in the contrasts presented by the two pictures just painted, and the contrasts presented in the condition of the commercial world as it is now, and as it was only a few weeks since. Then all nature smiled, and we scarcely thought of the future in the happy consciousness of the present; whereas now all nature seems to frown, and we eagerly long for the future to escape the endless vexations and miseries of the present. Our trade, which lately bloomed like a Neapolitan spring-day, is now covered with clouds and sifted with ashes, as if some angry Vesuvius had exploded its contents over us and shot the hot lava-tides among our snug vineyards and cottages. May we not also, in this case, as in that, draw some consolation from the knowledge that the stars are still shining behind the smoke, and that the sun will assuredly come up to-morrow, as it has come up on so many morrows, for so many thousands of years? Convulsions, by the very fact of their violence, show that they are short-lived; and though we, who suffer by them directly, are apt to derive the slenderest solace from the philosophy which demonstrates their transientness, or their utility in certain aspects, it is nevertheless profitable, for various reasons, to make them a subject of remark.

In a season of great public calamity, moreover, everybody feels that he ought to participate in it in some way, if not as a sufferer, then as a sympathizer, and, in either capacity, as a speculator upon its causes and probable effects. The learned historian, Monsieur Alcofribas, who preserves for our instruction "the heroic deeds and prowesses" of the great king of the Dipsodes, tells us how that once, when Philip of Macedon threatened Corinth, the virtuous inhabitants of that city were thrown into mortal fear; but they were not too much paralyzed to forget the necessity of defence; and while some fortified the walls, others sharpened spears, and others again carried the baskets, the noble Diogenes, who was doubtless the chief literary man of the place, was observed to thwack and bang his tub with unmerciful vehemence. When he was asked why he did so, he replied, that it was for the purpose of showing that he was not a mere slug and lazy spectator, in a crowd so fervently exercised. In these times, therefore, when Philip of Macedon is not precisely thundering at our walls, but nibbling at every man's cupboard and cheese-press, it behooves each Diogenes to rattle his tub at least, in order to prove, in the spirit of his prototype and master,

"Though he be rid of fear,He is not void of care."

If the noise he makes only add to the general turbulence and confusion, the show of sympathy will at least go for something.

The same authority, whom we have just quoted, has a piece of advice with which we intend to set our tub in motion. "Whatsoever," he says, "those blindfolded, blockheady fools, the astrologers of Louvain, Nuremberg, Tubingen, and Lyons, may tell you, don't you feed yourselves up with whims and fancies, nor believe there is any Governor of the whole universe this year but God the Creator, who by his Word rules and governs all things, in their nature, propriety, and conditions, and without whose preservation and governance all things in a moment would be reduced to nothing, as out of nothing they were by him created." It is a most sound and salutary truth, not to be forgotten in times of commercial distress, nor even in discussing financial questions, remote as they may seem to be from the domain of ethics. God rules in the market, as he does on the mountain; he has provided eternal laws for society, as he has for the stars or the seas; and it is just as impossible to escape him or his ways in Wall Street or State Street as it is anywhere else. We do not wish to suggest any improper comparisons, but does not the Psalmist assert, "If I make my bed insheol, behold Thou art there"?

In other words, commerce, the exchange of commodities, banking, and whatever relates to it, currency, the rise and fall of prices, the rates of profits, are all subject to laws as universal and unerring as those which Newton deduces in the "Principia," or Donald McKay applies in the construction of a clipper ship. As they are manifested by more complicated phenomena, man may not know them as accurately as he knows the laws of astronomy or mechanics; but he can no more doubt the existence of the former than he can the existence of the latter; and he can no more infringe the one than he can infringe the other with impunity. The poorest housekeeper is perfectly well aware that certain rules of order are to be observed in the management of the house, or else you will have either starvation or the sheriff inside of it in a little time. But what means that formidable, big-sounding phrase, Political Economy, more than national housekeeping? Can you manage the immense, overgrown family of Uncle Sam with less calculation, less regard to justice, prudence, thrift, than you use in your own little affairs? Can you sail that tremendous vessel, the Ship of State, without looking well to your chart and compass and Navigator's Guide?

When the "Central America" sinks to the bottom of the sea with five hundred souls on board, though it is in the midst of a terrible tempest, the public instinct is inclined to impute the disaster less to the mysterious uproar of wind and wave than to some concealed defect in the vessel. Had she sunk in a tranquil ocean, while the winds were idle and the waves asleep, the incident would have produced a burst of indignation, above the deeper wail of sorrow, strong enough to sweep the guilty instruments of it out of existence. The world would have felt that some great law of mechanics had been wilfully violated. But here is a whole commercial society suddenly wrecked, in a moment of general peace, after ten years of high, but not very florid or very unwholesome prosperity, on the heel of an abundant recompense to the efforts of labor,—when there has occurred no public calamity, no war, no famine, no fire, no domestic insurrection, scarcely one startling event, and when the interpositions of the government have been literally as unfelt as the dropping of the dew, a whole commercial society is wrecked; values sink to the bottom like the California gold on the "Central America"; great money-corporations fall to pieces as her state-rooms and cabins fell to pieces; the relations of trade are dislocated as her ribs and beams were dislocated; and the people are cast upon an uncertain sea, as her passengers were cast,—not to struggle for physical existence like them, but to endure an amount of anguish and despair almost equal to what was endured by those unhappy victims.

How can this have happened arbitrarily, capriciously, mysteriously, without some gross and positive violation of social law, some wilful and therefore wicked departure from the known principles of science? Every random conjecture as to the causes of the prevailing distress implies an answer to the question, and it need not be repeated. It is more important to inquire what those violations and departures have been, than to reiterate the general principle. What has led to the lamentable results under which we suffer? What has rendered the winds so tempestuous that they must needs blow down our noble ship? What has provoked the ire of those big bully waves so that they advance to demolish us? Ah! hark just here how the Diogenidæ tumble and thump their tubs! each one rapping out his own tune; each one screaming to boot, to be heard above the din!

One cries, that we Americans are an unconscionably greedy people, ever hasting to get rich, never satisfied with our gains, and, in the frantic eagerness of accumulation, disregarding alike justice, truth, probity, and moderation. Under this impulse our trade becomes an incessant and hazardous adventure, like the stakes of the gambler upon the turn of the dice, or upon the figures of the sweat-cloth; a feverish impatience for success pushes everything to the verge of ruin, and only after it has toppled over the brink, and we have followed it, does the danger of the game we had been playing become apparent.—A second qualifies this view, and shouts, that our vice is not so much greed, which is the vice of the miser, as extravagance, which is the vice of the spendthrift; and that as soon as we get one dollar, we run in debt for ten. We must have fine houses, fine horses, fine millinery, fine upholstery, troops of servants, and give costly dinners, and attend magnificent balls. Our very shops and counting-houses must resemble the palaces of the Venetian nobility, and our dwellings be more royally arrayed than the dwellings of the mightiest monarchs. When the time comes—as come it will—for paying for all this glorious frippery, we collapse, we wither, we fleet, we sink into the sand.—A third Diogenes, of a more practical turn of mind, vociferates, that the whole thing comes from the want of a high protective tariff. These subtle and malignant foreigners, who are so jealous of our progress, who are ever on the watch to ruin us, who make any quantity of goods at any time, for nothing, and send them here just at the right moment, to swamp us irrecoverably, are the authors of the mischief, and ought to be kept outside of the nation by a triple wall of icebergs drawn around each port. They pour in upon us a flood of commodities, which destroys our manufactures; they carry off all our gold and silver, which eviscerates the banks; the banks squeeze the merchants, to the last drop of blood; and the merchants perish in the process, carrying with them hosts of mechanics, farmers, and professional men.—Not so, bellows a fourth philosopher, perhaps a little more seedy than the rest; it is all the work of "the infernal credit system,"—of the practice of making money out of that which is only a promise to pay money,—out of that which purports to have a real equivalent in some vault, when no such equivalent exists, and is, therefore, a fraud on the face of it,—and which, deluging the community, raises the price of everything, begets speculation, stimulates an excessive and factitious trade, and is then suddenly withdrawn from the system, at the height of its inflation, like wind sucked from a bladder, to leave it a mere flaccid, wrinkled, empty, worthless old film of fat!

Now, for our part, we think all the Diogenidæ right, but not precisely in the way in which they state the matter; and we think the seedy Diogenes the rightest of all,—because he has struck nearest to the centre, to the organic fact which controls the other facts,—yet, without sharing his prejudice against credit, one of the blessedest of inventions. As a very long and a very dull treatise, however, would scarcely suffice to explain all the reasons for our thinking so, we must devote the one or two pages that are given us to a few simple, elementary, frontal principles, familiar, no doubt, to every one, and therefore the more important to be recalled, when every one seems to have forgotten them. Nothing is better known than the laws of gravitation; nothing staler in the repetition; but if the folk around us are building their houses so that they all fall down upon our heads, it behooves us to remind them of those laws.

1. Human wisdom has discovered nothing clearer than this,—that in all the operations of trade above a primitive barter, you must have a standard or measure of values; and human ingenuity has never been able to devise any standard more perfect, in essential respects, than the precious metals. It may be doubted, indeed, whether the choice of these metals for currency is a result of human ingenuity. Paley and his school of theologians demonstrate the existence, intelligence, and goodness of God from the evidences of design in creation,—from that nice adaptation of means to ends which shows an infinite knowledge and infinite benevolence at work; but no one of the instances in which they found their argument, from the watch, which affords the primal illustration, to the human body, which furnishes the most complex confirmations, is a more astonishing or exquisite proof of pre-arrangement than is the adaptedness of gold and silver to the purposes of currency. Your standard or measure, for instance, must, in the first place, possess a certain uniformity; if it be a measure of capacity, it must not be of the size of a thimble in the morning, and as big as a haystack at night, like the mystic bottle of the fairy tale; if a measure of length, it must not be made of caoutchouc, as long as your finger to-day, and as long as the Atlantic Cable to-morrow; and so, if a measure of value, it must not equal one thousand at ten o'clock, and equal zero at three. But the precious metals do possess this uniformity; they are not scarce, as diamonds are, so that a pinch of them might measure the value of a city; nor are they as plenty as blackberries, so that a wagon-load could scarcely buy a fat goose for dinner. They cannot be washed away like a piece of soap, nor wear out like a bit of wampum, nor crumble like agate or carnelian in dividing. In short, they combine all the advantages that are needed, with few or none of the disadvantages that would be troublesome, in a substance which is used for money. They possess intrinsic utility, they are equably supplied, they may be easily divided and then fused again, they take a stamp, and they retain the same qualities everywhere and at all times. Accordingly, all the civilized nations, from the time of great-great-great-grandfather Moses down to the time of President Buchanan, have used the precious metals for their standard of values; while your barbarians only, your silly Sandwich-islanders, your stupid troglodytes of interior Africa, your savage red men, have used for that purpose fish-bones, beaver-skins, cowries, strings of beads, or a lump of old rags. Q.E.D., then, on Paley's principles, the precious metals were meant by Divine Providence for use as money, at least more than anything else, because nothing else is so well adapted to the end. Intelligent man everywhere has been glad to recognize the Divine teaching; and the American man—holding himself the most intelligent of all men—has incorporated the lesson in his fundamental law. Nothing can be money for him, constitutionally, but metal which has a genuine ring in it.

2. Being the established standard, the precious metals, so long as they continue unchanged in amount, have a precise and definite relation to all other commodities. But they do not continue unchanged; and neither do other commodities continue unchanged. There is more gold at one time than another, and more wheat at one time than another; so that the relation between the two is not a determinate, but a variable one; and it is this variation which causes or constitutes the fluctuation of prices. If wheat increases in quantity, more of it will be given for the same money; and if it decreases, less of it will be given for the same money; on the other hand, if money increases, more of it will be given for a specific quantity of wheat, and if it decreases, less will be given; while if they increase or decrease together, a relative equilibrium will be maintained. But the beauty of the precious metals, as we have said, is that they are not liable to very sudden or considerable increase or decrease; only twice in the course of history, on the occasion of the discovery of the South American mines by the Spaniards, and of the California mines by the Americans, has there been recorded an unusual production of gold and silver; and in both cases, it is important to note, the same effect followed,—a very considerable enhancement of prices; that is, all other articles seemed to grow dear, although the real fact was that money had only grown cheap. In Spain every commodity rose; everybody experienced that delicious feeling, which we sometimes enjoy in dreams, of going up without spring or effort; and Spain was considered to be enviably prosperous and happy. As for San Francisco, we all remember the fabulous prices which ruled in that vicinity. An acquaintance of ours wrote us then, that he gave five dollars for a dinner consisting of half a pullet and two potatoes, and when he added a pint of champagne, it came to five dollars more. He allowed his washerwoman one hundred and fifty dollars a month, paid fifty dollars for a pair of second-hand cow-hide boots, and hired a cellar, seven feet by nine, and six feet under ground, at the rate of fifteen thousand dollars a year. But both in Spain and in San Francisco this ludicrous exaggeration of values cured itself. The manufacturers and merchants of all the world sent their goods of all sorts to such tempting markets; and it was not long before the goods, not the money, were in excess. Prices came down, as sailors say, by the run, and Spain and San Francisco were reduced once more to rationality and comfort. These were exceptional cases, but they illustrate the general principle, that the increase of money raises prices, and the decrease of money lowers them, which is all we wish to state. In ordinary cases, however, when the currency is in its normal condition, this rise and fall of prices is like the rise and fall of the tides, the mere pulsations of the great sea, which drown and damage nobody, and rather keep the waters more clear and wholesome by their gentle agitation.

3. The same law is observed to operate, whenever anything is made, either by the decrees of government or the usages of society, to take the place of the precious metals as money. Paper, in the shape of bank-bills, promising to pay money on demand, is the most frequent, because the most cheap and convenient substitute; accordingly, when convertible paper-money is increased, it raises prices, and when it is diminished, it depresses prices, just as in the case of a metallic currency. But there are these two signal points of distinction between a paper and a metallic currency: first, that paper money may be increased or diminished much more easily than metallic money; and, second, that any excess or deficiency of the former is not so easily corrected by the natural operations of trade. The sudden or large increase of the metals is prevented by their scarcity and the laborious processes necessary to produce them, and a sudden or large decrease of them could be brought about only by some great public calamity which should destroy them or cause them to be hoarded. But paper money, whether made by a government or made by authorized corporations, may be issued and put in circulation almost at will, and again be withdrawn at will. We do not mean that the issue and withdrawal of it are wholly unchecked, but that the checks, as the entire history of banking would seem to prove, are comparatively inefficient and delusive. If the rise and fall of prices, caused by the fluctuations of metallic money, are to be compared to the rise and fall of the tides, the rise and fall of paper prices are more like the increase and decrease of steam in a boiler, which is an admirable agent, but demanding an incessant and scientific control. The sea-tides, even after a tempest, will regulate themselves, because they have all the oceans and all the rivers of the globe to draw upon; but the steam in a boiler is a thing confined, and yet capable of immense and destructive expansion. A metallic currency runs from nation to nation, and has its perturbations corrected from nation to nation; but a paper currency is local, and cannot be so well corrected by the great interchanges of the globe. Let us make this clearer in another way.

4. It is universally conceded, by all the writers on finance, that any unusual production of currency occasions a rise of prices; the relative value of money is less than it was before, while the relative value of other articles is greater; a greater quantity of money is given for other articles, and fewer of other articles are given for the same amount of money. This rise has the double effect of provoking the importation of foreign commodities, and of preventing the exportation of domestic commodities; inasmuch as the same enhancement of rates, which opens a good domestic market for the former, closes the foreign market to the latter; and thus an unfavorable balance accumulates rapidly against the country where the rise occurs, in respect to other countries where it has not occurred. Now sooner or later this balance must be paid; and as products cannot be profitably shipped abroad to furnish a fund whereupon to draw bills of exchange, it must be paid in coin. The coin is therefore abstracted from circulation; and if coin were the only currency, such an abstraction would of itself induce a fall of prices, which would operate as a check upon importations until the old relation of equilibrium should be restored. But where the government, or where individuals, whether organized or alone, have the power to replace the departed coin by issues of paper money, prices are for a while maintained, and importations continued as vigorously as ever. All this, however, is but a postponement of the day of settlement. The balance to be extinguished is a substantial balance, which can be discharged only by substantial means; a mere promise to pay, a mere sign and representative of debt, will not extinguish it, any more than the smell of a cook-shop will extinguish a ravenous appetite. The insatiable creditor will have money; and the depositories of that essential become, under his assaults, more and more meagre and tenuous. The managers of them at last get alarmed, and begin to withhold their issues of paper; which means that they begin to reduce their loans to the community. The money-market grows "tight," as it is phrased; the money-world feels generally as if it had taken an overdose of persimmons. Merchants and dealers, shorn of their usual accommodations, are compelled to borrow at ruinous usuries, or to fail to meet their payments. Their default involves others; others fail, and others again. The bowels of the banks, with us the great money-lenders, close with the snap and tenacity of steel-traps; and then a general panic, or want of commercial confidence, brings on a paralysis of the domestic exchanges, and wide-spread bankruptcy and ruin. Importations are checked, of course; but they are checked in a sharp, rapid, and violent way, accompanied by the most painful embarrassments and convulsions.

This we believe to be an outline of the history of all our commercial catastrophes, stripped of those local and incidental circumstances which vary from time to time: over-issues of money,—speculative prosperity,—all the world getting rich in the most agreeable manner,—fairy palaces rising on all sides, without the sound of trowel or hammer; then,—the day of adjustment,—the rapid contraction of the currency,—all the world getting poor in the most drastic and disagreeable manner,—and those fairy palaces, which rose under our very eyelids over-night, vanishing, like the palace of Aladdin from the vision of the Grand-Seignior after he awoke in the morning. But, alas! the revulsion does not stop with the overthrow of the palaces which had been reared without labor; it is not satisfied with the dissipation of mere fancies and dreams; but, being itself a most real thing, it carries with it many a stately structure, which the toil, the economy, the self-denial of years had hardly raised. Extraneous causes,—a short crop,—a reduced tariff,—a peculiar mania of enterprise,—may hasten or retard the various steps of the process which has been described; but its cause and its course are almost always the same, and the discerning eye may easily detect them, from the beginning to the end of our modern commercial experience. In the existing difficulties, in this country, the railroad speculations have had much to do with producing and aggravating the effect; but the primary source of it, we think, is to be found in the ease with which our currency is inflated, under a banking system which varies from State to State, and which, outside of New England and New York, where it is by no means perfect, is as bungling a contrivance, for the ends to be answered, as was ever inflicted on the patience of mankind. Much of the trouble is due also to the extravagance and reckless waste of our people, which, though owing in some degree to our want of good manners and good taste, are directly traceable to the stimulus given to expense by the over-issue of artificial money. While the paper which passes for money is plenty, and every man can easily get "accommodations" from the banks, we squander without thought. No matter how costly the articles we buy; the expansion of the currency is greater than the rise in market values; and it is only when the contraction comes that we see how foolishly lavish we have been.

What, then, is the remedy? "Why, away with paper currency altogether!" says one. Yes,—tear up your Croton-water-pipes, because the breaking of a main sometimes submerges your dwellings; destroy your railroads, because the trains sometimes run off the track; arrest your steamships, because an "Arctic" and a "Central America" go disastrously down into the deep, deep sea! That were not wise, surely; that were very unwise, even were it possible, which it is not.—"Give us a high protective tariff," says another. Most certainly, friend, if we are to be perpetually flooded with paper, a high tariff is needed;—your theory is at least consistent, however it may have worked in practice. But a high protective tariff is an impossibility, because it can be attained only by favor of the Federal legislature; and, as we all know, at the door of that legislature stands the inexorable shape of the Slave Power, which consults no interest but its own in the management of government, and which will never make a concession to the manufacturers or the merchants of the North, unless it be to purchase some new act of baseness, or bind them in some new chains of servility.—But have you inquired whether that flood of paper is necessary? We frankly tell you that we do not believe it is; we believe that a better system is possible,—to be brought about, not by greater restrictions on banking, but by greater freedom; and we only regret that we have not now space to discuss that faith with you in all its reasons and results. We hope to be permitted to do so at some other time. Meanwhile, let us rejoice that the whole subject is in a position to be frankly discussed. A few years ago, when the question of the currency was a question of party politics, there was no aspect in which it could be presented, which did not arouse all the restless jealousies of party prejudice. If you talked of hard-money, you were denounced as a Benton bullionist; if you talked of credit, you were called a Whig banker, plotting to devour the poor; and the calmest phrases of science were turned into the shibboleths of an internecine warfare. A better hour has come, and let us improve it to our mutual edification.

The Maple puts her corals on in May,While loitering frosts about the lowlands cling,To be in tune with what the robins sing,Plastering new log-huts 'mid her branches gray;But when the Autumn southward turns away,Then in her veins burns most the blood of Spring,And every leaf, intensely blossoming,Makes the year's sunset pale the set of day.O Youth unprescient, were it only soWith trees you plant, and in whose shade reclined,Thinking their drifting blooms Fate's coldest snow,You carve dear names upon the faithful rind,Nor in that vernal stem the cross foreknowThat Age may bear, silent, yet unresigned!

It was said long ago, that poets, like canaries, must be starved in order to keep them in good voice, and, in the palmy days of Grub Street, an editor's table was nothing grander than his own knee, on which, in his airy garret, he unrolled his paper-parcel of dinner, happy if its wrapping were a sheet from Brown's last poem, and not his own. Now an editorial table seems to mean a board of green cloth at which literary broken-victuals are served out with no carving but that of the editorial scissors.

La Magahas her table, too, and at fitting times invites to it her various Eminent Hands. It is a round table,—that is, rounded by the principle of rotation,—for how could she settle points of precedence with the august heads of her various Departments without danger of the dinner's growing cold? Substantial dinners are eaten thereat with Homeric appetite, nor, thoughimpletus venter non vult studere libenter, are the visits of the Muse unknown. At these feasts no tyranny of speech-making is allowed, but thebonbonsare all wrapped in original copies of verses by various contributors, which, having served their festive turn, become the property of the guests. Reporters are not admitted, for the eating is not done for inspection, like that of the hapless inmates of a menagerie; butLa Magaherself sometimes brings away in her pocket a stanza or so which she esteems worthy of a more general communication. Last month she thus sequestered the following Farewell addressed by Holmes to the historian of William the Silent.

Yes, we knew we must lose him,—though friendship may claimTo blend her green leaves with the laurels of fame;Though fondly, at parting, we call him our own,'Tis the whisper of love when the bugle has blown.

As the rider that rests with the spur on his heel,—As the guardsman that sleeps in his corselet of steel,—As the archer that stands with his shaft on the string,He stoops from his toil to the garland we bring.

What pictures yet slumber unborn in his loomTill their warriors shall breathe and their beauties shall bloom,While the tapestry lengthens the life-glowing dyesThat caught from our sunsets the stain of their skies!

In the alcoves of death, in the charnels of time,Where flit the gaunt spectres of passion and crime,There are triumphs untold, there are martyrs unsung,There are heroes yet silent to speak with his tongue!

Let us hear the proud story that time has bequeathedFrom lips that are warm with the freedom they breathed!Let him summon its tyrants, and tell us their doom,Though he sweep the black past like Van Tromp with his broom!

* * * * *

The stream flashes by, for the west-winds awakeOn pampas, on prairie, o'er mountain and lake,To bathe the swift bark, like a sea-girdled shrine,With incense they stole from the rose and the pine.

So fill a bright cup with the sunlight that gushedWhen the dead summer's jewels were trampled and crushed:THE TRUE KNIGHT OF LEARNING,—the world holds him dear,—Love bless him, Joy crown him, God speed his career!

Aug. 8, 1857.

The Greyson Letters, Selections from the Correspondence of R.E.H. GREYSON, ESQ. Edited by HENRY ROGERS, Author of "The Eclipse of Faith," &c. Boston: Gould & Lincoln. 1 vol. 12mo.

We are assured in the American preface to this volume, that while it exhibits Henry Rogers as the peer of Butler as a reasoner, it also shows him not inferior to Lamb as a humorist. Much as we are inclined to echo the critical decisions of prefaces, we regret being unable to indorse this confident statement. In amplitude, vigor, and fertility of thought we must think the author of the "Analogy" holds some slight advantages over the author of "The Eclipse of Faith"; and we seriously doubt if the lovers of Charles Lamb will be likely to rush into mirthful ecstasies over the humor of "The Greyson Letters." But we suppose that Henry Rogers himself would make no pretensions to the rank of a writer, or reasoner, or humorist of the first class. Far from being a great man, he occasionally slips into the prejudices of quite a little one, and he never wholly puts off the pedagogue and puts on the philosopher. Without much original force of nature, and never unmistakably stamping his own image and superscription either on his arguments or his language, he is still a well-trained theological scholar, a skilful logician, and one of that class of elegant writers who neither offend the taste nor kindle the soul. As a controversialist on themes which are now engaging popular attention, he grasps the questions he discusses at one or two removes from their centre and heart, where they pass out of the sphere of ideas and pass into the region of opinions; and in this region he is candid to the extent of his perceptions, quick to detect the weak points in the formal statements of his opponents, and, without touching the vitalities of the matter in controversy, is always hailed as victor by those who agree with him, but rarely convinces the doubters and deniers he aims to convert. "The Greyson Letters" are evidently the work of an amiable, learned, accomplished, and able man, interested in a wide variety of themes which especially attract the attention of thinkers, but in his treatment of them indicating a lack of deep and wide experience, and of that close, searching thought which pierces to the core of a subject, and broods patiently over its living elements and relations, before it assumes to take them as materials for argumentation. This broad grasp of premises, which implies a penetrating and interpretative as well as dialectic mind, is the distinguishing difference between a great reasoner and an able logician. In regard to the form of the work, we can see no reason why its essays should be thrown into the shape of letters. The epistolary spirit vanishes almost as soon as "Dear Sir" and "Dear Madam" create its expectation. The author's mind is grave by nature and culture, and is sprightly, as it seems to us, by compulsion and laborious levity. His nature has none of the richness and juiciness, none of the instinctive soul of humor, which must have vent in the ludicrous. Occasionally an adversary or adverse dogma is demolished with excellent logic, and then comes a dismal grin or chuckle at the feat, which hardly reminds us of the sly, shy smile of Addison, or the frolic intelligence which laughs in the victorious eyes of Pascal. Still, with all abatements, "The Greyson Letters" make a book well worthy of being read, contain much admirable matter and suggestive thought, and might be allowed to pass muster among good books of the second class, did they not come before us with professions that seemed to invite the tests applicable to the first.

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Essays in Biography and Criticism. By PETER BAYNE, M.A., Author of "The Christian Life, Social and Individual," &c. First Series. Boston: Gould & Lincoln. 1 vol. 12mo.

This volume contains essays on De Quincey, Tennyson and his Teachers, Mrs. Barrett Browning, Glimpses of Recent British Art, John Ruskin, Hugh Miller, The Modern Novel, and Currer Bell. Though of various degrees of merit, they all evince careful study and patient thought, and are written with considerable brilliancy and eloquence. As a critic, Mr. Bayne is generally candid, conscientious, and intelligent, with occasional remarks evincing delicacy and depth of thought; but his perceptions are not always trustworthy, and his judgments are frequently of doubtful soundness. Thus when we are told that Wordsworth owed his fame to his moral elevation rather than to his "intellectual or æsthetic capacities," and that there is hardly an instance of the highest creative imagination in the whole range of his poetry,—when we are informed that since Shakspeare no one "has laid bare the burning heart of passion" so perfectly as Byron,—and when the question is triumphantly asked, "Where, out of Shakspeare, can we find such a series of female portraits as those" in Bulwer's "Rienzi,"—we feel inclined, in this association of Byron and Bulwer with Shakspeare, and this oversight of Wordsworth's claim to represent the highest original elements in the English poetry of the present century, to dispute Mr. Bayne's right to assume the chair of interpretative criticism. But still there are so many examples in his book of fine and true perception, and so evident a sympathy with intellectual excellence and moral beauty, that we do not feel disposed to quarrel with him on account of the apparent erroneousness of some of his separate opinions. Besides, his work is written in a style which will recommend it to a class of readers who are not especially interested in the subjects of which it treats, and it cannot fail to stimulate in them a desire to know more of the great writers of the century.

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White Lies. A Novel. By Charles Reade. Boston: Ticknor & Fields. 1 vol. 12mo.

The early chapters of this novel lack the brisk movement, the sparkling compactness, the stinging surprises of Mr. Reade's usual style, but he kindles and condenses as he proceeds. As a whole, the work compares favorably with his most brilliant compositions. He is a writer difficult to criticize, because his defects are pleasing defects. Dogmatism is commonly offensive, and Mr. Reade's dogmatism is of the most uncompromising, not to say insulting character; yet it is exhibited in connection with insight so sure and vivid, that we pardon the positiveness of the assertion for the truth of what is asserted. Then he has a way of forcing Nature, much against her wish, to be epigrammatic,—of producing startling effects by artifices almost theatrical; and though his devices are obvious, they are more than forgiven for the genuine power and real naturalness behind the rhetorical masquerade. Other men's freaks and eccentricities lead to the distortion of truth and the confusion of relations, but Mr. Reade has freaks of wisdom and eccentricities of practical sagacity. Occasionally he has a stroke of observation that comes like a flash of lightning, blasting and shattering in an instant a prejudice or hypocrisy which was strong enough to resist all the arguments of reason and all the appeals of humanity. "White Lies" is full of examples of his power, and of the peculiarities of his power. Blunt and bold and arrogant as his earnestness often appears, it is capable of the most winning gentleness, the most delicate grace, and the most searching pathos. The delineation of the female characters in this novel is especially admirable. Josephine and Laure are exquisite creations, and the Baroness and Jacintha, though different, are almost as perfect, considered as examples of characterization. In the invention and management of incidents, the author exhibits a sure knowledge of the means and contrivances by which expectation is stimulated, and the interest of the story kept from flagging. We hope to read many more novels from the same pen as delightful as "White Lies."

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Brazil and the Brazilians. Portrayed in Historical and Descriptive Sketches. By Rev. D.P. Kidder, D.D., and Rev. J.C. Fletcher. Illustrated by one hundred and fifty Engravings. Philadelphia: Childs & Peterson. 1 vol. 8vo.

Brazil is a country but little known to the majority of readers, and the little that is known is so fragmentary that it is as likely to convey a false idea as an incomplete one. The writers of this volume combine two qualifications for the work of dissipating this ignorance. They have a direct personal knowledge of Brazil, gained during a long residence in the country, and they have carefully studied every valuable book on its history and resources. The manners, customs, laws, government, productions, literature, art, and religion of the people have all been carefully observed under circumstances favorable for accurate investigation. The result is a valuable, interesting, and attractive volume, well worthy of being extensively read. The elegance of its mechanical execution, and the profusion of engravings illustrating the text, will add to its popularity, if not to its value.

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The Poetical Works of Leigh Hunt. Now first entirely collected. Revised by himself, and edited, with an Introduction, by S. ADAMS LEE. Boston: Ticknor & Fields. 2 vols. 18mo.

Leigh Hunt has outlived all the enmities and enemies provoked either by his merits or his demerits, and is especially interesting as the sole survivor of the illustrious company of poets with whom the mind instinctively associates him. Some burnt out; some died out; some dried up; but he remains the same cosey, chirping, fine-natured, and self-pleased singer, who won the love of Shelley and Keats, and roused the wrath of Gifford and Wilson. We are glad to welcome his collected poems in their appropriate attire of "blue and gold," and trust they will have a wide circulation in the United States, as the genial poet is himself to be a participant in the profits of the publication. We wish that a word of ours could be influential in assisting this veteran of letters to reap from the publication something more substantial than fame, yet in some degree the expression of it,—something which shall give him assurance that his volumes are on thousands of parlor tables, because the proofs of it are palpable in the increased comforts afforded to his old age. And certainly the poet deserves a wide circle of readers. Though he does not succeed in the delineation of the great and grand passions of our nature, he is very successful in the sphere of its humane and tender sentiments; and though open to criticism for the jaunty audacity with which he coins dainty sweetnesses of expression rejected by all dictionaries, and for an occasional pertness in asserting opinions of doubtful truth, he is so lovable a creature that we pardon his literary foibles as we would pardon the personal foibles of a charming companion and friend. He has a genuine love for all cheerful and cheering things, and power enough to infuse his cheer into other minds. Disliking all internal and external foes to human comfort, he is equally the enemy of evil, and of the morbid discontent which springs from the bitter contemplation of evil. His nature is essentially sprightly and sensuous, with here a bit of Suckling and there a bit of Fletcher, carrying us back to an elder period of British poetry by the careless grace and freedom of his movement, and proving his connection with the present by the openness of his mind to all liberal thought and philanthropic feeling. Good-humor and benevolence are so dominant in his nature, that they prevent him from having any deep perceptions of evil and calamity. He is personally affronted when he sees the thunder-cloud push away the sunshine from life; and God, to him, is not only absolute Good, but absolute Good Nature.

It would be easy to quote passages from these volumes illustrative of his acute observation, his largeness of sympathy, his delicacy and daintiness of touch, his sweetness, humor, pathos, and fancy. As a specimen of the playful and beautiful ingenuity of his mind, we extract a portion of his little poem on "Love-Letters made of Flowers."

"An exquisite invention this,Worthy of Love's most honeyed kiss,This art of writingbillets-douxIn buds and odors and bright hues!In saying all one feels and thinksIn clever daffodils and pinks;In puns of tulips; and in phrases,Charming for their truth, of daisies;Uttering, as well as silence may,The sweetest words the sweetest way.How fit, too, for the lady's bosom!The place wherebillets-douxrepose 'em.

"What delight, in some sweet spotCombininglovewithgardenplot,At once to cultivate one's flowersAnd one's epistolary powers!Growing one's own choice words and fanciesIn orange tubs and beds of pansies;One's sighs and passionate declarationsIn odorous rhetoric of carnations;Seeing how far one's stocks will reach;Taking due care one's flowers of speechTo guard from blight as well as bathos,And watering every day one's pathos!"

From the exquisite little poem entitled "Songs of the Flowers" we should like to cut a few stanzas; but our limits forbid.

What will the Muses do in these hard times? Must they cease to hold court in opera-house and concert-room, because stocks fall, factories and banks stop, credit is paralyzed, and princely fortunes vanish away like bubbles on the swollen tide of speculation? Must Art, too, bear the merchant's penalties? or shall not rather this ideal, feminine element of life, shall not Art, like woman, warm and inspire a sweeter, richer, more ideal, though it be a humbler home for us, with all the tenderer love and finer genius, now that man's enterprise is wrecked abroad? Shall we have no Music? Has the universal "panic" griped the singers' throats, that they can no longer vibrate with the passionate and perfect freedom indispensable to melody? It must not be. The soul is too rich in resources to let all its interests fail because one fails. If business and material speculation have been overdone, if we are checked and flung down in these mad endeavors to accumulate vast means of living, we shall have time to pick ourselves up, compose ourselves to some tranquillity and some humility, and actually, with what small means we have, begin tolive. Panic strangles life, and the money-making fever always tends to panic. Panic is the great evil now, and panic needs a panacea. What better one can we invent than music? It were the very madness of economy to cut off that. Some margin every life must have, around this everlasting sameness of the dull page of necessity,—some opening into the free infinite of joy and careless ideality, or the very life-springs dry up.

Music is a cheap luxury; the more so as one seeks real music for its own sake, and not the music which is imported like the Paris fashions. This winter it will be a question between whether we can afford to pay for it, and whether we can afford to do without it. We think the absolute necessity of some diversion, something to lift the leaden cloud, and keep us in a state of natural buoyancy and courage, already settles the question. Music we shall have, simply because we need it. Or view it from the opposite side, from the point of mere political economy. Music, in many ways, has built itself up into a great industry among us,—music-publishers, musical instrument-makers, music teachers, musical performers,—all mutually dependent, and together swelling the national industry to the amount of many millions. It is the opportunities of hearing music, it is the concerts and the operas, that give the impulse to this whole many-branched machine. Taken together, it feeds many mouths, and helps turn many other very different sort of mills, and plays its part in Wall Street and in State Street, and itsnotesin that sense enter as much into the general currency as they do into the general ear in another. Now which is cheaper, which is wiser, to employ these artists, and the crowds of workers whom the public exercise of their talent keeps in motion, or cast them off upon society to be a general burden in a more hopeless form? Surely, we can afford the stoppage of some banks and factories, quite as well as we can that of music. Let us look around, then, upon its prospects for the winter.

While we write (the first week in October) the musical season, in what we take to be the most music-loving of our cities, Boston, has not commenced, or shaped itself into much distinctness of plan. The season is late; hard times may make it later; yet shall "the winter of our discontent be glorious summer" ere long. Boston, for its best music,—best in artistic tendency, though not perhaps the most exciting or most fashionable,—has always relied more than New York on its own quiet, domestic resources. Our musical societies have been the centres of our musical activity, and have more or less successfully provided us with sterling opportunities of making ourselves acquainted with the master compositions in the various forms of Oratorio, Orchestra, Chamber Music, etc., where the end has been more to get at the intrinsic worth and beauty of the music, than to go into fashionable raptures about some new-come singer or solo-playing virtuoso. Yet virtuosodom and the Italian opera come in to reap an annual harvest here too, and have and long will have their zealous party of admirers. Were Opera an organized home industry among us, as much as other forms of music,—were there some meaning in the name "Academy of Music" worn by operatic theatres, it would be more useful to our artistic progress. But Italian Opera, as managed, and "star" concerts generally, are no part of the healthy, permanent development of our own musical resources. They are speculations; they attack us from without, exploiting a factitious enthusiasm, and exhausting the soil in one short season, so they may only carry off the present fatness of the land. Operas and virtuoso concerts are wholly in the hands of speculators, musical Jew-brokers, who do a formidable business in old clothes, the worn-out musical celebrities of Europe;—often with great skill, often much to our pleasure and advantage; for it is much to us to hear great artists, even when the voice has lost some of its freshness, and to admire now what long ago perhaps exhausted admiration in the Old World. But the effect is bad on our domestic industry. We almost need a musical protective system. Our good old society concerts have been much thrown out of joint. Few of them of late, as compared with former years, have paid. The dazzling novelties, that come trumpeted with all the cunning speculators' arts, debauch us somewhat from our wholesome, quiet love of pure, high music for its own sake, and lead the public into little short-lived fanaticisms about certain prima donnas, baritones, or tenors, and about music chiefly made to show off the singer, full of the commonplaces that he loves to make "effect" in,—fanaticisms alternating withblaséindifference. But this would lead us into a long discussion, and it is our wish here to avoid vexed questions. For the present we will avow no sides, of German or Italian, "light" or "classical."

The lovers of opera have something to look forward to in Boston; what, we shall see when we survey the field elsewhere. Our noble Boston theatre must needs be one point in the triangular campaign of the three cities. And here we may allude,en passant, to the prospect of one novelty that ought to interest our opera-lovers who are weary of the usual hackneyedrépertoire. Our townsman, Mr. L. H. Southard, the composer of "The Scarlet Letter," has also written an Italian opera, on an Oriental subject, with the title "Omano," the libretto by Signor Manetta, founded on Beckford's "Vathek." A private or subscription concert will soon give an opportunity of hearing some of its scenas, quatuors, etc. To come back, then, to what is more peculiarly Bostonian in the way of music,—what concerts shall we have? Of large societies, the only one remaining now in operative force is the oldest and the largest, the Handel and Haydn Society. This set the right example last May, in that splendid three-days' Festival, of true domestic musical enterprise, organizing the whole thing on the basis of internal and domestic means, with our own permanent nucleus of orchestra and chorus, and drawing from without such other talent, such solo singers, as were needed for the right interpretation of the noble music, and not merely for their own private exhibition and profit. This was genuine; this was wholesome; and the success warrants the best hopes for another season. Carl Zerrahn, the excellent conductor upon that occasion, is on his way home from Germany (hisoldhome) with new stock of zeal and of new music, and the oratorio rehearsals will at once begin. It is event enough for one winter, the single fact that Handel's "Israel in Egypt," that mightiest oratorio, which is one mountain range of sublime choruses, will be the chief subject of study. It is proposed to give at least four Sunday-evening performances, consisting of "The Messiah," of course, at Christmas; Costa's "Eli," or "Elijah"; the "Requiem" of Mozart, and the "Lobgesang" by Mendelssohn; and for the last, and we trust many last, "Israel in Egypt." All this will be but so much rehearsal for the grander Festival to follow. We have no organized orchestral or symphony society, as we should have; but we have with us always the elements of a good orchestra, who always work well together, and never better than last year under the enterprise and drill of Mr. Zerrahn. Then we had glorious symphonies and overtures, both old and new; and we shall have as good, and still more brilliant concerts soon, if hard times do not daunt the leader's very sanguine purpose. As a pendant, too, to the orchestral evenings, will come cheap afternoon concerts in the Music Hall, where good symphonies and overtures, with sparkling varieties for younger tastes, will hold out weekly invitation.

For the select few, who hold communion in the love of classical quartet and trio music by the great masters,—in the piano poems of Chopin, Mendelssohn, and Beethoven, there will be abundant opportunities. The Mendelssohn Quintette Club, the German Trio, Mr. Satter, the pianist, and would we might add Otto Dresel, will give series of concerts in the pleasant Chickering Saloon, that holds two hundred. Alas! we may be disappointed there. The Masonic Temple has been sold to the government for a United States Court-house. Think of the musical associations that haunt and consecrate the place, and think of the uses to which it may soon be put! What profanation! Hitherto the onlychainsthat have surrounded that Temple have been chains of harmony, which one may wear and not be a slave! It has been a Temple of Concord;—may we hope that it will be in truth a Temple of Justice!—For virtuoso concerts, we shall have what the managers at New York send us. We shall of course have Vieuxtemps and Thalberg, if no more.

In New York the campaign has been opened for this month past, and we do not yet hear that the troubles down in Wall Street have discouraged the lessees of the Academy of Music. Great is the array of singers and of players that revolve around the little knot of musical speculators in New York. Strange to say, Italian opera has German managers. They catch the birds, having beforehand caught and prepared the public. But it is as well to state, that there aretwogreat operatic enterprises, as there are two rival musical broker managers: to wit, Maretzek and Ullman; the former backed by Marshall of the Philadelphia Academy, and proceeding forth with hope to conquer from that centre; the latter backed by Thalberg, and strengthened by the Strakosch and Vestvali tributaries that roll proudly in from scenes of conquest in the Western States and Mexico. The Ullman party hold the New York Academy; the other party hold the theatres of Philadelphia and Boston; either must make itself felt at the three points, to avoid a losing game. Hence these harmonious and deadly rivals have perforce entered into a league of amity and commerce, whereby they exchange singers, so that all shall in turn be heard at every theatre. At New York the company includes, for leading soprani, Madame Lagrange, the wonder of the last two years, greatest of vocal gymnasts, and fine actress always, with voice well worn, and Madame Frezzolini, as the last imported celebrity from Europe; her voice, too, is past its prime, but her art is pronounced immaculate, and she is quite a charmer, if we may trust the critics. For contralto there is Vestvali, the dashing tall one, who delights in man's clothes, and sings Charles the Fifth, the baritone (!) rôle in "Ernani." There is a delicate new tenor, Labocetta, and another named Maccaferri, and a fresh, universally admired baritone, Gassier; and there is our old buffo friend, Rocco, and many more. Besides whom are two famous announcements, yet to come from Europe: the French tenor, Roger, and the German basso, Formes. The orchestra and chorus are, we suppose, as usual; the conductor better; he is Herr Anschütz, who has had experience in London, and who subdues his orchestra to sympathetic support of the singers. With Max it is the other way; he loves to ride full swing upon the top of his forces, brass and all,fortissimo, conquering and to conquer. Is "Il Trovatore" wanted, everlasting "Trovatore,"—music that whirls and fascinates, possessed and driven by one fixed idea of burning at the stake, with furies of love and jealousy to match,—they borrow from the other company (under the "amicable" treaty) Brignoli, of the golden tenor voice, who sings so sweetly and sulks so proudly lazy, and Amodio, that ton of juvenile humanity, whose weighty baritone and eagerness to please make up for the see-saw alternation of his two only expressions and gesticulations,—those of vulgar love-making and mock-heroical revenge. These, with Gazzaniga, the charming, lively, natural Gazzaniga, whose voiceisfresh, and who can sing and act so charmingly in genial music, such as Donizetti's "Elisir d' Amore," with also Assoni, the buffo, and Coletti, the bass, compose the year-old and tried nucleus of the Philadelphia opera, which opened the first Monday in October. To these are added new attractions, in the shape of old celebrities from Europe: namely, Ronconi, the greatDon Giovanniof the London opera; Tagliafico, the basso; Stecchi-Bottardi, tenor from Her Majesty's; Signora Ramos, prima donna from Turin; Signora Tagliafico; and greatest of all, to come when he has got through with the Russians, the famous tenor, Tamberlik.

Here is a great array, and great expense. Verily, it rains "stars," as it rains meteors in our cold November nights. Perhaps it will pay,—perhaps not. But for the interests of Art, and the true gratification and advancement of the taste for music, one might ask whether a better economy of means would not have dictated fewer "stars," and more completeness in the orchestra, the chorus, and the generalensemble, so that we might for once hear and enjoyan opera, and not merely a few singers lifted up on the cheapest platform of an opera, loosely nailed together for their sakes. And this question leads to another consideration of still more importance to the real interests of Art. What music, what operas shall we hear? So far, it has been the same old story, the same hackneyed round of "Norma," and "Lucia," and "Lucrezia Borgia," and "Ernani," and "Trovatore," and so on, with once or twice the ever genial and sparkling "Il Barbiere." The whole attraction lies (as always in these great musicalspeculations) in the solo singers. These ever place themselves between you and good music; they choose to sing the music that best shows their powers, no matter how familiar, hackneyed, sentimental, commonplace, and trashy. If you call for "William Tell," for the "Nozzi di Figaro," to say nothing of "Fidelio," or "Oberon," or "Freischütz," they have not the organization for it, have not the chorus, the secondary singers, the artists who know and love the music; it will not pay, and so forth. Our Academies must justify their name and be domestic institutions, permanent lyric organizations, before we can call in singers to illustrate an opera, instead of worn-out operas to illustrate the singer.

Since penning the above, we hear of a fortnight's suspension of the Opera in New York, to allow time for the preparation of the "Nozzi di Figaro," "Robert le Diable," "Les Huguenots," &c.

In close connection with the opera, the brilliant concerts of Vieuxtemps and Thalberg go on. Probably there is nothing better of the virtuoso kind; and as they bring in the orchestra sometimes, they give occasionally something classical and great, performed in a masterly manner. Indeed, all the music of New York seems to revolve now round the Ullman-Thalberg centre. They sweep all into their orbit. With the Harmonic Society, they give Sunday oratorios, promising "The Messiah," "Creation," "Elijah," David's "Desert," (!) and others.

We have not left ourselves room to more than hint at the truest musical pride of New York, her Philharmonic Society, whose orchestra now numbers eighty excellent performers, and whose list of regular subscribers reaches eighteen hundred. They are rehearsing Spohr's symphony, "Die Weihe der Töne," with Schumann's "Manfred" overture, and Beethoven's sublime "Leonora," for their first concert, and will do much for classical music by their four concerts. In Boston, in spite of our broken and disorganized condition, we have ten or a dozen Symphony concerts in a winter. Chamber Quartets, too, and Trios with Piano, will have their audiences,—let us hope numerous enough to gladden the hearts of the artists.


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