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To those who have been ruined in these unhap-
py tines, whsse estates have passed under the
tender gripe OF the sheriff. the moral Justice of
General Jacksons memorable apoihegm will be
but dry crust, - that those who borrow money
o1ght 20 break doctrine out of which their
creditors are likely to derive as little comfort as
themselves, although it must be admitted that the
General tried all he could to secure this blessing
10 the country. But, my good sir, the day of reck
oniHg must come. The account will be ad justcd
now or b. pospcrity hereafter. One of it, first
sums viii be to settle wiiat the victory of New-Or
leans mas cos. Us. These are generally expensive
pageants any how. Boneparte probably never
achieved one for La Belle France, except to the
tune OF twenty millions of francs-to saw nothing
Of the lots OF cracked crowns and bloody noses
lie left on the field of battle But his Victories il
cost were no more to be compared TO the victory
OF New Orleans. than penny whistle is to Baron
Mauchgusen's celebrated clarion under an April
,haw. | calculate that the victory of the 9th of
January cost FIVE hundred millions OF dollars, be-
sides the small expense of entailing upon the
country. set OF drveilers whese folly has
taken away all dignity from distress, and made
even calamity ridiculous. You will say hold
You and are greatly responsible for this hero 5
getting into power. Yes, 1t is true willingly would
expiate this sin with nay blood if it could recall
the fatal past. But this is impossible. Let Us look
with courage, and resolution to the future. care
not what Jour abstract theories on banking are,
whehert they agree with or diiior from my own be-
lieye y9u have, you had at the close of the late
war, the resource Of mind and spilt to lift the
country out OF Its present deep decadence. Yes,
my dear sir, believe your ambition and your gen.
ius are on level with all that Is great and glorious
in human action and enterprise. The field is be-
fore you-tske the lead in some great public mea
sure, whether il be Bank of the United States or
an Exchequer agent, it is immaterial, that it
shall restore confidence, invigorate industry, give
to Us an abundant, sound circulating medium, and
drag up from the deep the drowning credit OF the
States Do this, and if the first honor of the
country does not await you. its blessing will rest
upon your fame.


remain my Dear Sir, with sincere esteem,


Very respectfully and faithfully yours,


J. HAMILTON.


p S. shall be out in the next Halifax steamer,
and hope 10 confer with you The subject of this
letter on my arrival in Carolina.