"This is not only extraordinary, but it is fearful!"
"It is both. The entire community is in the situation of a man who is in the incipient stages of an exhilarating intoxication, and who keeps pouring down glass after glass, in the idle notion that he is merely sustaining nature in her ordinary functions. This wide-spread infatuation extends from the coast to the extremest frontiers of the west; for, while there is a justifiable foundation for a good deal of this fancied prosperity, the true is so interwoven with the false, that none but the most observant can draw the distinction, and, as usual, the false predominates."
"By your account, sir, the tulip mania of Holland was trifling compared to this?"
"That was the same in principle as our own, but insignificant in extent. Could I lead you through these streets, and let you into the secret of the interests, hopes, infatuations and follies that prevail in the human breast, you, as a calm spectator, would be astonished at the manner in which your own species can be deluded. But let us move, and something may still occur to offer an example."
"Mr. Effingham--I beg pardon--Mr. Effingham," said a very gentlemanly-looking merchant, who was walking about the hall of the exchange, "what do you think now of our French quarrel?"
"I have told you, Mr. Bale, all I have to say on that subject. When in France, I wrote you that it was not the intention of the French government to comply with the treaty; you have since seen this opinion justified in the result; you have the declaration of the French minister of state, that, without an apology from this government, the money will not be paid; and I have given it as my opinion, that the vane on yonder steeple will not turn more readily than all this policy will be abandoned, should any thing occur in Europe to render it necessary, or could the French ministry believe it possible for this country to fight for a principle. These are my opinions, in all their phases, and you may compare them with facts and judge for yourself."
"It is all General Jackson, sir--all that monster's doings. But for his message, Mr. Effingham, we should have had the money long ago."
"But for his message, or some equally decided step, Mr. Bale, you would never have it."
"Ah, my dear sir, I know your intentions, but I fear you are prejudiced against that excellent man, the King of France! Prejudice, Mr. Effingham, is a sad innovator on justice."
Here Mr. Bale shook his head, laughed, and disappeared in the crowd, perfectly satisfied that John Effingham was a prejudiced man, and that he, himself, was only liberal and just.