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actual value being always little less than its nominal value, it is the interest of banks and brokers, and all who deal in money, to promote it's circulation. But I think Congress oughtE to do what they can to encourage. the use of our own coins, and the general adoption of our own established and legal mode of reckoning money. At least, they ought not to do any thing calculated to prevent or retard the sub stitution of urbeautiful and simple divisions of money for the perplexed and vexatious divis- ions of the Gold tenor''

 But in fact, in the department which has most to do with small coins, the Post Office, Congress have entirely thrown out their own divisions of coin, and arranged the whole table ot postages in reference to the coins of for eign nations. We have postages of six cents, ten, twelve and half cents, eighteen and three-quarter cents, and twenty-five cents, only two of which, and those of least frequent occurrence, can possibly be paid in Ameri- can coin.

 Not only so, but the arrangement subjects the designation of postage to the variety of currencies which prevailed in our colonial days In the different provinces. A letter comes from Boston to New Haven, and the postage IS nine pence (12J cents. If it comes to NewYork, it is called eighteen pence, Q88.) The same postage in Philadelphia is named .leven penny bit and fppenny bit, or by abbreviation, alevvy and ftp. And so on.

 Now, if we consider the amount of money that passes through the post offices, all in small sums, and the multitude of times that change is made for postage, it will be seen that this alone is sufficient to perpetuate the use of this absurd nomenclature. And if Con gress would now arrange tariff of postages, according to the nomenclature of the Federal currency, great step would be taken to- wards getting rid of these exploded terms And thus perpetual demand would be ere ated for American small coins, which would tend powerfully to keep them in circulation, and to drive out the inconvenient pieces we receive from foreign nations

 If it were found practicable, think addi- tional simplicity might be given to postage af- fairs, if ratio were adopted, by which the postage should increase in ratio correspon- ding with the increase of distance. Thus,