fault. We have handled similar questions before; we are handling a more important one now, and our capabilities and our power of development are such that we need not fear but that we shall be enabled to cope with the exigencies of the future. That genius which has built up a powerful nation here in the wilderness, which has developed to such a degree the resources of the laud and the capacities of the people, which has conceived and executed in so short a time such a social and moral revolution, has in it too much of the godlike to suffer the work to fall through from any incapacity to deal with the legitimate consequences of its action. The power to inaugurate and carry through the work necessarily implies the capacity to establish and render permanent its results, to guide the ship when the storm is past. It will find the ways and means; the times themselves will develop new truths, which will make the task less difficult than it seems to us of to-day. Such is the feeling of the people; and this same noble faith and confidence in our own capacities, this turning a deaf ear to all the possibilities of failure, and looking with a never-failing trust, a soul-felt faith, to the triumph of our cause and of our civilization, is our greatest strength, while it is, at the same time, a conclusive evidence that we are on the high road of true progress, that our civilization is not a thing of yesterday, to-day, or to-morrow, but of the eternal ages.

APHORISM.—NO. X.

'It is a frequent result of poverty to make men rich—a common curse of wealth to make them poor.' Poverty, making us feel our dependence upon God, almost compels us to an acquaintance with Him—this leads us to accept Him as the one Infinite Benefactor; and so gives us wealth that can never fail: but riches, by encouraging our natural love of independence, is too apt to keep us away from our Heavenly Father, and thus plunge us into such poverty as admits of no actual relief. In this view there is something to hope for in the present distresses of our country. Rarely have so many people felt that their dependence must be upon the mercy of God; and rarely, if ever, have so many, with such earnestness, appealed to the Father of all on the occasion of a widespread calamity. This must result in a closer union with the Infinite Giver, and thus in a great increase of true riches.

THE ENGLISH PRESS.

V.

How had The Times been getting on all these years? Slowly but surely. At first, as has been already stated, feeling its way with difficulty amid a host of obstacles, long-established and successful rivals, Government prosecutions abroad, and personal crotchets and peculiarities at home. John Walter, its founder, retired from the management of the paper in 1803, and died in 1812, having lived to see his literary offspring grow up into a strong young giant, with thews and sinews growing fuller and firmer every day, tossing his weighty arms in every direction, but never aimlessly; and with his vigorous feet firmly planted, expanded chest, and head boldly erect, fearlessly standing forward in the very first rank of the champions of freedom. Mr. Walter's son John succeeded him in the management in 1803; and, under his abler and more enlightened administration, the paper rapidly increased in importance. He opened his columns to all comers, and whenever any communication appeared to possess more than average ability he endeavored to engage the writer of it as a regular contributor. He perfected the system of reporting, and the reports in The Times soon began to be fuller and more exact perhaps even than Perry's in The Chronicle. He especially turned his attention to the foreign department of his journal, and no trouble or expense was spared in obtaining intelligence from abroad. This had been one of the strong points with the elder Walter, and he had always striven to be the first to communicate important foreign news to the world—thus, for instance, The Times was the first newspaper which announced the execution of Marie Antoinette. This element was now greatly strengthened and developed, correspondents were engaged in all the chief cities of Europe, and, as time progressed, in other quarters of the world as well, letters from whom appeared as regularly and as early as the post-office authorities would allow; and a regular system of expresses from the Continent was organized. But the Government, who saw and felt the growing greatness of The Times, placed every possible hinderance in the way—it was not then the custom for the Premier to invite the editor to dinner—and the letters and foreign packages were delayed in every possible manner—the machinery of the custom house being even employed for that purpose—in order that the Government organs might at least get the start. But fair means and foul alike failed to win over the young journalistic athlete to the ministerial side, and this illiberal and selfish policy was at length compelled to give in, beaten at all points. But there was one thing which was destined to give The Times supremacy, at which the younger Walter began to work soon after the reins of power fell into his hands—and that was steam. Great strides had been made in the art of printing. The first metal types ever cast in England were those of Caxton, in 1720. Stereotype printing had been first suggested by William Ged, of Edinburgh, in 1735, and was perfected and brought into general use by Tillock, in 1779. The printing machine had been originated by Nicholson, in 1790, and an improved form of it, made of iron, the invention of Earl Stanhope, was in general use in 1806. Thomas Martyn, a compositor of The Times, invented some further modifications, and was aided by the younger Walter. Owing, however, to the violent opposition of his fellow workmen, the experiments were carried on under the greatest secrecy; but the elder Walter could not be induced to countenance them, and consequently nothing came of them. In 1814, Koenig and Bauer, two German printers, conceived the idea of printing by steam, and the younger Walter, now by his father's death permitted to do as he liked, entered warmly into their project. The greatest silence and mystery was observed, but the employés of The Times somehow or other obtained an inkling of what was going on, and, foreseeing a reduction in their numbers, vowed the most terrible vengeance upon everybody connected with the newfangled invention. Spite of their threats, however, the necessary machinery was quietly prepared and erected, and one morning, before day had broken, Mr. Walter called his printers together, and informed them that that day's issue was struck off by steam. This ever-memorable day in the history of journalism was Monday, the 28th of November, 1814. Loud murmurs and threats were heard among the workmen, and burning down the whole affair was the least thing suggested; but Mr. Walter had taken precautions, and, showing his work people that he was prepared to meet any outbreak on their part, no violence was attempted. Since then The Times has been regularly printed by steam. Various improvements in steam machinery have from time to time been patented, and Hoe's gigantic machines—the production of that country the most prolific of all the world in useful inventions, America—seemed to show that the limit of the application of steam to printing had been reached. But a machine still more wonderful—a machine that possessed all the skill of human intelligence and ten times the quickness of human fingers—a machine for composing by steam, was shown at the International Exhibition in London, in 1862. Printing by steam at once raised the circulation of The Times enormously, as was but natural, from the facilities which it afforded of a rapid