That settles it. After all, there is nothing original in this world, or, as we presume, 'any other world.'

If the steamers for Europe take every week gold from this country, there is at least some comfort in the reflection that we received and continue to receive something for it. If American securities are returning to us from abroad, we are at least getting them back cheap and shall some day sell them again dear. There is some comfort and common-sense in the following from one of 'Hallett and Co.'s' circulars:

'We certainly ought not to complain. We had their money at the right time. It has done for the nation all that money could do—by giving the highest possible value to all our resources and products. Having reaped the full advantage of the investment, which has increased our means more than five-fold, we were never in a better position to commence its return. The securities are still very low; on an average from ten to fifty per cent below what they were originally sold for. To this discount is to be added something over twenty per cent in the present price of exchange. We are getting back our securities at about one half what we parted with them for. As money is plenty, the foreigner paying the premium on gold, we are certainly driving a very good bargain. We can, without the least inconvenience, part with one hundred million dollars in specie, which is lying idle in the vaults of our banks and the hands of our people, and get back nearly twice the amount of interest-paying securities, which is equivalent to the payment of a debt too, and stopping the interest on an equal amount, assuming securities of this country to a similar amount were held abroad, which is an excessive estimate, the aggregate not probably exceeding one hundred million dollars.'

We have heard of a German, who having been strung up in jest and cut down, declared it was 'a fery pad choke.' The best 'choke' of the season was issued by our friend the Boston Traveller, who in commenting on the remark of the London Times, to the effect that Mr. Lincoln is eating his artichoke, the South, leaf by leaf, but thinks it will not agree with him, said: 'It will not trouble him a thousandth part so much as Jeff Davis will be troubled when he shall, by and by, take his 'heartychoke with caper sauce.''

Hon Robert J. Walker knows the South well, and he has of late written well on it and on the present state and future prospects of our country. Those who have read Mr. Atkinson's instructive pamphlet upon 'Cheap Cotton,' will be interested in the strong confirmation of his arguments given by Hon. Robert J. Walker, late of Mississippi, in the following statement contained in one of his recent letters:

'From long residence in the South, and from having traversed every Southern State, I know it to be true that cotton is raised there most extensively and profitably by non-slaveholders, and upon farms using exclusively white labor. In Texas, especially, this is a great truth, nor is there a doubt that skilled, educated, persevering, and energetic free labor, engaged voluntarily for wages for its own use, would in time, especially when aided by improved culture and machinery, produce much larger crops and better cotton than is now raised by the forced and ignorant labor of slaves, and at a much cheaper rate and a far greater profit than any crop now produced in the North.'

With this great truth before us, will Government hesitate to seize on and settle Texas, as soon as circumstances admit? We have urged Texas from the beginning as the great stone of resistance which must eventually, by means of free labor be employed to stem the progress of cotton-ocracy in the other Southern States. On this subject Hon. Robert J. Walker's letter of June 28th is one of the most instructive and remarkable documents issued since the beginning of the free-labor agitation, and it is to be desired that it should be read by every freeman in the Union. Colonization, voluntary but effective, is, as he holds, the only remedy for the terrible evil of slavery, and the only basis of the peaceful restoration of the Union.