urated with the
central idea of pagan civilization, that man is his own end, lives for
himself alone, and not for God, and therefore is inferior to and must be
the mere tool of the state. If Americans hold that the state can _make_
right, as well as enforce it, so do the English. If divine sanctions
have no longer any significance in America, so have they not in England.
If expediency, and not God's truth, is the universal rule of action
here, so is it there. If every American or 'Yankee' seeks his own end in
his own way, regardless of his neighbor, his Government, and his God, so
does every Englishman. The Englishman has no God except his belly or his
purse. Years ago it was said by one of themselves, 'The hell of the
English is--_not to make money_,' If the divine principle of charity is
a myth, and selfishness rages against selfishness here, much more so
with a people whose only God is Mammon. And finally, if inevitable
dissolution shall overtake us, and we rush into absolutism as a refuge
from anarchy, we shall have the melancholy pleasure--if it can be a
pleasure--of hailing the almost simultaneous wreck of the British
Constitution, whose noble ruins, no less than ours, would be mournful
monumental witnesses to the glory of ages wiser and better than our
own.

AMERICAN FINANCES AND RESOURCES.

LETTER NO. II, FROM HON. ROBERT J. WALKER.

LONDON, _10 Half Moon Street, Piccadilly_,
October 8, 1863.

In view of the fact that the people of the United Kingdom and of the
United States are mainly of the same race, speak the same language, have
the same literature, ancestry, and common law, with the same history for
centuries, and a reciprocal commerce exceeding that of all the rest of
the world, it is amazing how little is known in each country of the
other. This condition of affairs is most unfavorable to the continuance
of peace and good will between two great and kindred nations. It causes
constant misapprehension by each party of the acts and motives of the
other, arrests the development of friendly feeling, and retards the
advance of commercial freedom. It excites almost daily rumors of
impending war, disturbing the course of trade, causing large mercantile
losses, and great unnecessary Government expenditures. If war has not
ensued, it has led to angry controversy and bitter recrimination. It is
sowing broadcast in both countries the seeds of international hatred,
rendering England and America two ho