"An illustrious predecessor of the President is reported to have declared 'that those who live on borrowed money ought to break.' I do not concur in that harsh saying; yet I am clearly of the opinion that the government, in common prudence (to say nothing of pride and dignity), ought to reserve its credit for great transactions and unforeseen emergencies. In common times of peace, it ought always to have an established revenue, equal, at least, to its current expenses. And that revenue ought to be so levied as to foster and protect the industry of the country, employed in our most necessary and important manufactures."

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DANIEL S. DICKINSON.

Daniel Stevens Dickinson was born at Goshen, Litchfield County, Conn., Sept. 11, 1800.

His father, Daniel T. Dickinson, was a farmer, an intelligent, upright man, who through life was devoted to his calling as the most honorable and useful, and left an unsullied name.

In 1806, the family removed to what is now Guilford, Chenango County, New York, where Daniel S. Dickinson spent his boyhood, mostly on the farm, in the usual occupations of a farmer's boy.

His education, as far as public advantages were concerned, was limited to the common schools of the country; but with a spirit of self-reliance, untiring industry and an ardent desire for knowledge and advancement, he availed himself of such private facilities as he could command or devise, and persevering in a plan of self-education systematically, with a fine literary taste and extensive reading and study, he early became a thorough English scholar, well versed in the classics and familiar with general literature.

Between 1816 and 1820, he learned, and worked as apprentice and journeyman at, a mechanic's trade. In 1820, he commenced teaching and was successfully engaged in it considerably up to 1825, both in the common and in academical or select schools.

About 1820, he learned, without a teacher, the art of land surveying, in which he became expert, and practised somewhat extensively until 1828. During a portion of the time, while teaching and surveying, he was also engaged in the study of the law. He married, in 1822, Lydia Knapp, daughter of the late Colby Knapp, M.D., an early settler of Guilford, a prominent member of the medical profession, and extensively identified with the early history of the town and county. They have had four children, only two of whom, the youngest—daughters—are living. In 1828, he was admitted to the practice of the law, and opened an office at Guilford, where he remained in practice until 1831.

In December, 1831, he removed to Binghamton, the county seat of Broome County, New York, where he has ever since resided. He immediately entered upon an extensive legal practice, and soon took rank among the ablest lawyers of the State. He was made the first President of Binghamton, on its municipal organization in 1834. Was a member of the Baltimore Convention which nominated Van Buren and Johnson, in 1835. Was elected to the State Senate in the fall of 1836; took his seat 1st January, 1837, and served for four years as a senator and member of the Court for the Correction of Errors, in both of which capacities, as a debater, legislator and jurist, he maintained a prominent rank. His review in the Senate of the message of Governor Seward established him at once as a leader of his party, and is still referred to among politicians as exhibiting both the tact and power which afterward so strongly marked his public career. His opinions delivered in the Court of Errors are models of conciseness and force, and temper in just proportion the technicalities of law with the deductions of sound reason and strong common sense.