The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1838-01-03

Ill. mat no Dank snail go INTO operation
ill two thirds of the capital be paid in.
IHz TIMEs.-The N. Y. Herald con-
tains well written and sensible article on
our relations with England and Canada,
from which we make the following extract
presenting highly gratifying picture Of
the times, and their future prospect, unless
marred by our own heedIessness -
At the present moment, this country is
at peace with all the world, and its tran
guilty is uninterrupted except by silly
aud stupid affair with handful of Indians
on onr southwestern borders. We are
gradually but slowly emerging from the
commercial difficulties which for the last
twelve months had partially paralized our
energies; and our streets are resumlng the
bus,ling and crowded appearances which
formerly characterized them. Our shipping
interest is looking up, and vessels no longer
come in with half cargoes, and go out in
ballast. The thousands of laborers and me-
chanics who were out of employ are grad
ualIy finding full work, and month or two
will inevitably bring back the palmy con-
dition in which every thing formerly luxu-
rated. As a city, and nation, we have
no fault to find with our position; we are
respected by every nation in the world, and
every honor that can be paid to the most fa-
vored is showered in preference upon the
stripes and stars."
But in none ofthese Transatlantic king
doms with which we have political or COM
mercial relations, are Americans looked up
OH with such frienlly feeling as in Great
Britain, as there is no country with which
we are bound together in such close bonds
of social amity, not only from mutual pre-
objection, bur from interest. The name of
an American is a passport in English soci-
ETY., and wherever he goes he is honored
aud respected. Every grievance that we
had to cor,plain of against the nations of
the old void, has been remedied France
has paid u our indemnity Great Britain
satisfied us Tor the captured slaves, and in
terposed its good Offices in the French
question; the North Eastern boundary is
now under discussion and our honor and
interest are uncompromised in any the most
distant respect. The ocean is whitened by
American canvass, and every part in the
world bears evidence to American enterprise.
This is truly the golden age of American
prosperity, and the great majority of our
citizens are sensible Of it,"
At such period at two opposite extrem-
tiles of our territory, the horizon presents
a threatening aspect, which will pass off,
unless by perverted ingenuity we attract
towards us the elements of destruction which
discharge it. We allude tn Texas and
Canada, which some demon would seem to
have blown into confusion in order to af-
ford handle for the wicked, worthless,
and designing among us TO impede the on
wanl course ofprosperiy, and fix an ineffa-
ceable stain upon the hitherto spotless Ius-
tire of our national escutcheon. What have
we to 10 with Texas or with Canada how
rare onr interests involved in either: or are
they not rather calculated to become stum-
bling blocks, in cur paths, and Sources oi
disgrace and morti6cationl Our intermed-
ding with either will kindIe n war at the
two extremties of our oversrown empire,
and while the north protests against inter-
ference with Texas, the south will raise a
similar cry against a similar course with
Canada. The question of slavery, and our
fiscal concerns are quite agitaling enough
at one time, and aie porlentous enough,
without having strife enkindled of which
we nigh, see the first sparks, while our re-
mote posterity may be well blinded with the
coasummaton of the wide-spieading flame.
G A resolution has passed the lower