Again; there is the love of Art. Weak, immature, ignorant, perhaps, as this taste at present is, it exists: and indications of it which merit all respect, are to be found in many abodes. There are other, though not perhaps such lofty ways of pursuing art, than by embodying conceptions in pictures, statues, operas, and buildings. The love of Beauty and of the ways of Humanity may indicate and gratify itself by other and simpler methods than those which the high artists of the old world have sanctified. If any one can witness the meeting of one kind of American merchant with his supercargo, after a long, distant voyage, hear the questioning and answering, and witness the delight with which new curiosities are examined, and new theories of beauty and civilisation are put forth upon the impulse of the moment, and still doubt the existence of a love of art, still suppose the desire of gain the moving spring of that man's mind,—may Heaven preserve the community from being pronounced upon by such an observer! The critic with the stop-watch is magnanimous in comparison.

Again; there is the human eagerness after an object once adopted. In this case, it may be money, as in other cases it may be Queen Anne's farthings, the knockers of doors, ancient books, (for their editions and not their contents,) pet animals, autographs, or any other merely outward object whose charm lies in the pursuit. Several men of business, whose activity has made them very wealthy, have told me that, though they would not openly declare what would look like a boast, and would not be believed, the truth was that they should not care if they lost every dollar they had. They knew themselves well enough to perceive that the pleasure was in the pursuit, and not in the dollars: and I thought I knew some of them well enough to perceive that it would be rather a relief to have their money swept away, that they might again be as busy as ever in a mode which had become pleasant to them by habit and success. Of course, I am not speaking of such as of a very high and happy order; as to be for a moment compared with the few whose pursuits are of an unfailing but perpetually satisfying kind; with those whose recompense is incessant, but never fulfilled. I am only declaring that the eager pursuit of wealth does not necessarily indicate a love of wealth for its own sake.

What are the facts? What are the manifestations of the character of the American merchants? After their eager money-getting, how do they spend it? How much do they prize it?

Their benevolence is known throughout the world: not only that benevolence which founds and endows charities, and repairs to sufferers the mischief of accidents; but that which establishes schools of a higher order than common, and brings forward in life the most meritorious of those who are educated there; the benevolence which watches over the condition of seamen on the ocean, and their safety at home; the benevolence which busies itself, with much expense of dollars and trouble, to provide for the improved civilisation of the whole of society. If the most liberal institutions in the northern States were examined into, it would be found how active the merchant class has been, beyond all others, in their establishment.

Again: their eager money-getting is not for purposes of accumulation. Some—many, are deplorably ostentatious; but it seemed to me that the ostentation was an after-thought; though it might lead to renewed money-getting. Money was first gained. What was to be done with it? One might as well outshine one's neighbours, especially as this would be a fresh stimulus to get more still. This is bad; but it is not sordidness. Instances of accumulation are extremely rare. The miser is with them an antique, classical kind of personage, pictured forth as having on a high cap, a long gown, and sitting in a vaulted chamber, amidst money-chests. It would, I believe, be difficult there to find a pair of eyes that have looked upon a real living and breathing miser. My account of the doings of a miser whom I used wondering to watch in the days of my childhood never failed to excite amazement, very like incredulity, in those I was conversing with. The best proof that the money-getting of the eminently successful merchants of America is not for money's sake, lies in the fact, that in New England, peopled by more than 2,000,000 of inhabitants, there are not more than 500, probably not more than 400 individuals, who can be called affluent men; possessing, that is, 100,000 dollars and upwards. A prosperous community, in which a sordid pursuit of wealth was common, would be in a very different state from this.

The bankruptcies in the United States are remarkably frequent and disgraceful,—disgraceful in their nature, though not sufficiently so in the eyes of society. A clergyman in a commercial city declares that almost every head of a family in his congregation has been a bankrupt since his settlement. In Philadelphia, from six to eight hundred persons annually take the benefit of the insolvent laws; and numerous compromises take place which are not heard of further than the parties concerned in them. On seeing the fine house of a man who was a bankrupt four years before, and who was then worth 100,000 dollars, I asked whether such cases were common, and was grieved to find they were. Some insolvents pay their old debts when they rise again; but the greater number do not. This laxity of morals is favoured by the circumstances of the community, which require the industry of all its members, and can employ the resources of all,—first, of men of character, and then of speculators. But, few things are more disgraceful to American society than the carelessness with which speculators are allowed to game with other people's funds, and, after ruining those who put trust in them, to lift up their heads in all places, just as if they had, during their whole lives, rendered unto all their dues. Whatever may be the causes or the palliations of speculation; whatever may be pleaded about currency mistakes, and the temptations to young men to make fortunes by the public lands, one thing is clear; that no man, who, having failed, and afterwards having the means to pay his debts in full, does not pay them, can be regarded as an honest man, and ought to be received upon the same footing with honest men, whatever may be his accomplishments, or his subsequent fortune. What would be thought of any society which should cherish an escaped (not reformed) thief, because a large legacy had enabled him to set up his carriage? Yet how much difference is there in the two cases? It is very rarely a duty,—more rarely than is generally supposed, to mark and shun the guilty. It is usually more right to seek and help him. But, in the case of a spreading vice, which is viewed with increasing levity, the reprobation of the honest portion of society ought to be very distinct and emphatic. Those who would not associate with escaped thieves should avoid prosperous bankrupts who are not thinking of paying their debts.

The gravest sin chargeable upon the merchants of the United States is their conduct on the abolition question. This charge is by no means general. There are instances of a manly declaration of opinion on the side of freedom, and also of a spirit of self-sacrifice in the cause, which can hardly be surpassed for nobleness. There are merchants who have thrown up their commerce with the south when there was reason to believe that its gains were wrung from the slave; and there are many who have freely poured out their money, and risked their reputation, in defence of the abolition cause, and of liberty of speech and the press. But the reproach of the persecution of the abolitionists, and of tampering with the fundamental liberties of the people, rests mainly with the merchants of the northern States.

It is worthy of remembrance that the Abolition movement originated from the sordid act of a merchant. While Garrison was at Baltimore, studying the Colonisation scheme, a ship belonging to a merchant of Newburyport, Massachusetts, arrived at Baltimore to take freight for New Orleans. There was some difficulty about the expected cargo. The captain was offered a freight of slaves, wrote to the merchant for leave, and received orders to carry these slaves to New Orleans. Garrison poured out, in a libel, (so called,) his indignation against this deed, committed by a man who, as a citizen of Massachusetts, thanks God every Thanksgiving Day that the soil of his State is untrod by the foot of a slave. Garrison was fined and imprisoned; and after his release, was warmly received in New York, where he lectured upon Abolition; from which time, the cause has gained strength so as to have now become unconquerable.

The spirit of this Newburyport merchant has dwelt in too many of the same vocation. The Faneuil Hall meeting was convened chiefly by merchants; and they have been conspicuous in all the mobs. They have kept the clergy dumb: they have overawed the colleges, given their cue to the newspapers, and shown a spirit of contempt and violence, equalling even that of the slave-holders, towards those who, in acting upon their honest convictions, have appeared likely to affect their sources of profit. At Cincinnati, they were chiefly merchants who met to destroy the right of discussion; and passed a resolution directly recommendatory of violence for this purpose. They were merchants who waited in deputation on the editor of the anti-slavery newspaper there, to intimidate him from the use of his constitutional liberty, and who made themselves by these acts answerable for the violences which followed. This was so clear, that they were actually taunted by their slave-holding neighbours, on the other side of the river, with their sordidness in attempting to extinguish the liberties of the republic for the sake of their own pecuniary gains.

The day will come when their eyes will be cleansed from the gold-dust which blinds them. Meanwhile, as long as they continue active against the most precious rights of the community; as long as they may be fairly considered more guilty on this tremendous question of Human Wrongs than even the slave-holders of the south,—more guilty than any class whatever, except the clergy,—let them not boast of their liberality and their benevolence. Generosity loses half its grace when it does not co-exist with justice. Those can ill be esteemed benefactors to the community in one direction, who are unfaithful to their citizenship in another. Till such can be roused from their delusion, and can see their conduct as others see it, the esteem of the world must rest on those of their class who, to the graces of enterprise, liberality, and taste, add the higher merit of intrepid, self-sacrificing fidelity to the cause of Human Rights.