Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1858-02-24

"WEAR AND WASTE OF GoLD."-In an article in
the Post of Saturday last it is said that the entire
amount of gold in circulation in the world is estima.
ted at about $24O, 900, of which the wear and
waste, is stated to be 81 per cent annually.
There seems to be some mistake in these figures.
The amount of gold in circulation in England
alone is more than $l5O,0O0,OOO, and the whole
amount in America and Europe, according to most
reliable estimates, in 4Oo. 600 900; besides
all that is in circulation in the rest Of the scorld!
In regard to the Of gold, the loss by abra
sion from use as coin, Mr.. Page, an officer OF the
Bank of England, and writer Of distinction ascer
tanned from the official reports Of the mints of Great
Britain and the United States that the loss &C
tualv but 4, 81 per cent in q century That is, of
every 800 coined at given time, $3.50 would be
in existence at the end of 100 years making the
loss less than twentieth of one per Se"'- per
annum.
Mr.. McCullock, who is great authority on such
subjects, estimated the entire annual loss of gold
currency by abrasion, &C., at half of per cent,
and that estimate is undoubtedly liberal one COW
ering the entire loss.
The truth of the matter undoubtedly is, that the
loss BY and waste of paper currency is greater
than that of gold currency, cheap as the cost OF
making the former is. One hundred dollars of paper
money could not be kept in circulation Cor century
for $4.6l.
There are two popular mistakes that need to be
corrected-one is that paper currency is cheaper
than gold one; and the other that there is not
enough gold in existence to serve = currency for
the world In regard to the last it is satisfactorily
ascertained that there is always than twice as
much as could be advantageously used for currency
if there was not dollar Of paper money in circula-
tion.-Bost0n Post.
The SUBSTANTIAL lssuE.-Nothing goes further to
confirm impression of the fact that the real issue
before Congress in the Kansas imbroglio, it now
stands, is simply whether another savcholdng State
shall be admitted into the Confederacy under any
circumstances whatever, than the conversational
comments Of persons around sympathizng with
one wing or the other of the opposition to the De-
mecracy, who seem unanimously to hold that
considerable difference in the vote of both Houses
upon the acceptance of the Lecompton Constitution
will be made, by the fact that the saveholdng or
nonslaveholding party may have carried the Legis-
lature on the 4th ut may be. The plain English
of such anticpations is, simply, that some of the
pseudo popular sovereignty Democrats and Repub-
licans who now oppose the Lecompton Constitution,
will to oppose it if satisfied that the pow and
influence of the new Kansas Legislature will be
found to be in the hands of the Topekaites Or, in
other words it means that such gentlemen vii! vote
to admit slaveholding States in the Union
under any circumstances whatever. So long as this
position was occupied only by the comparatively few
members of Congress who formerly avowed it as
theirs the danger to the permanency OF the Union
involved in it was afar of. Now, however, when it
has to be occupied by almost if not quite, half
the House of Representatives of the United States,
it cannot fail to awaken the lethargic South to the
necessity of guarding her material rights and inter-
ests at and eectually. We reject all profess.
ions of opposing the Lecompton Constitution on the
part of nominal Democrats much soft sawder'
designed only to blind the eyes Of the South to the
fact that they shape their votes questions af
fecng vital Southern rights and interests, wholly to
| propitiate the sentiment of fanatca abotonism.-
On their part the regeneration is simply proca-
nation Of entire featy hereafter to the behests Of
abotonism the extent Of deliberately ignoring the
fact that the Southern section of the Confeder-
acy has any pretence of rights whatever remaining
| under the compact of union Warrington Star.
| Ex-President Fillmore's marriage took place quite
privately in Albany, only his son, Judge Hail. and
few other friends being present. The bride is the
widow of the late Ezekiel G. Mcintosh, and she has
| for some time occupied the "Schuyler Mansion"
| formerly the residence of Alexander Hamilton
(where he married bis wife, and subsequently
pied by the celebrated Col. Schuyler. The bride
will accompany her husband to Buffalo to reside.
DIRECT FOREIGN TRADE.-The Norfolk Argus
makes the importan: and gratifying announcement
that the mission of the Hon WIN. Ballard Preston
in behalf of the Virginia and Western Railroads. has
| been successful. .-.. ..., ~ ...
| Mr.. Preston has succeeced in making arrange
ments with the Paris & Orleans Railroad Company
to run four steamers between the ports of Orleans
1 France, and Norfolk, Va. .r @-s. :,
DR.. HAWKS LEcruRE-Rev Dr.. Hawks repested
in Niblo's Theatre, last evening, by request, his
lecture recently delivered in the ecure-room of the
Historical Society, entitled Old Americas Message
Young America" It was listened to by Q large au-
ed applause. The lecture assumed for its theme
Il Washnutonsg FarouaN Address -. - 30