more and more elevated. The mills on the canal, trees, and from its top, had the first view of the and some other large buildings had narrowed the broad waters of the lake, and at no great distance. view ahead; but when these were passed, and the His joyful exclamations, announcing the discovery, upper termination of the canal nearly reached, its and its direction, induced one of his less zealous great and magnificent source, Lake Scuppernong, companions to try to seize upon the honor of first opened gloriously to my view, and a few moments reaching the lake; and he immediately pushed after brought us to its margin. The position of on in the direction indicated, and had leaped into the mansion house barely permits the passage of the road between it and the canal; and the house is also so near the lake, that the spray from its billows in great storms would cover the space between, but for the few cypresses standing in the edge of the water, and other barriers against the violence of the waves.

Across the lake from the canal stretches the great savanna on the opposite shore, and which is scarcely visible, owing to the low size of its general though dense growth. The few scattering high trees thereon, seem to be standing in water, and not on land. The other sides are closed with a dense cypress forest, of the usual great height. In general appearance, at the first glance, this lake is alike to Lake Drummond in the Great Dismal Swamp of Virginia. But the first impressions of both still are very different. Over the latter, it would seem to a stranger that nature reigned in gloomy solitude that had never before been disturbed. With Lake Scuppernong, the works of man stand in strong and conspicuous contrast to the natural scenery and the general condition of the vast and impenetrable morass in which are concealed both this beautiful creation of nature

and that of the rare exertion of the industry and intelligence of man; and in a region where these qualities, or their proper direction, seemed scarcely

ta be in existence.

the water and claimed for it his own name, be-
fore Tarkinton could descend the tree and overtake
him. Thus was the name of Phelps attached to
the lake, as contrary to justice, as to euphony and
good taste. But in old records it was also some-
times called by the Indian name of Scuppernong,
being the source of the river before and still so
called; and that name, of better sound and better
application, ought by all means to supersede the
use of the other.
(To be continued.)

MANAGEMENT BETTER THAN BEATING.

From the American Farmer.

A truckman in Boston, who had a refractory horse, that would not move forward, beat him unmercifully. A gentleman came along, who told him that he must not beat him any more. "What shall I do?" said the man; "my horse has stood here these two hours. Shall I stand here all day?" "Oh no, the horse must go, but you must not beat him any more. the horse."

Get me a rope twice as long as tail, and then passed between his legs forward ; The rope was brought, tied to its then he gave a pull upon the rope; the horse was frightened, and showed signs of kicking; he conOf course, I had been prepared in some mea- and went off without any more beating. The tinued to pull; the horse suddenly started forward, sure by previous but very inaccurate report, for the remarkable scene now spread before my view. gentleman had seen that method tried on jackBut if it were possible for a person not so inform-asses in South America with full success. If you ed to find his way to this spot, by a journey over doubt it, try for yourself. the only practicable path-and still more if the last few miles were through the intervening trackless swamp, yet remaining in its natural wild state OF THE [ANCIENT] CURRENCY AND VALUA-the unexpectedness of the objects found would be even more striking to such an observer than even the actual romantic and peculiar beauties of the

scene.

The first discovery and earliest knowledge of this lake was in 1755. Some hunters who had for years dwelt within three miles of its shore, on some of the small "islands" or spots of firm ground, had observed that the deer when pursued, usually ran off in a particular direction, from which the dogs soon returned, as if baffled in their pursuit. Thence it was inferred that some wide water lay that way, in which the deer found a safe refuge. These hunters at last determined to attempt the arduous labor of penetrating the swamp, scarcely passable as it was then even to them, and to find the great water, if it existed within the short distance that they suspected it to be. They set out for this purpose, and worked their slow and toilsome way through the day, and lodged, as well as might be, where night overtook them. The next morning, discouraged by the difficulty of further progress, and fearing to add more to the toil and danger of their return, it was agreed to abandon the adventure forthwith. But before turning their steps homeward, as a lost resource, one of the party, Tarkinton, climbed one of the tallest

TION OF COINS IN VIRGINIA.

From Beverley's History of Virginia. "The coin which chiefly they have among 'em, is either gold, of the stamp of Arabia, or silver and gold of the stamp of the Spanish America: but they have now very little money there, and are still like to have rather less than more, while matters remain in the ill condition they are. For while they are forbid raising the coin, and the neighbouring governments all around, are allow'd to enhance the rate of it with them, to above thirty per cent, more than the intrinsick value, all their money will be carry'd thither, which seems to be the greatest hardship in the world, upon that colony. It were much to be wish'd, that all the colonies of the continent under the dominion of England, were oblig'd to have one and the same standard for their coin: that so one government might not suffer by the unreasonable advances of another. The inconveniences to Virginia by the drawing away all the specie are inexpressible. For people want money for travelling expenses, and for paying the smail jobbs of labourers and artificers, who could otherwise have abundance of time to themselves, which is now lost in looking after trivial debts, besides the disadvantage of not

being able to turn the penny. By having no ready money, many law-suits commence to demand those debts, which by this means are contracted, besides the being forc'd to keep a thousand unnecessary accounts."

MONTHLY COMMERCIAL REPORT.

For the Farmers' Register.

short crop was to succeed the last, was not suffi cient to affect prices favorably; and this impression will be removed when later accounts from this country shall be received. The unusually favorable season for maturing the plant and gathering the crop, now gives assurance that the product will be most abundant, and prices are likely to be as low during the ensuing year as in any previous one. The manufacturing interest in the United States is in a very depressed condition, as indeed is almost every other. In the large southern markets the price of cotton has continued to decline until the quotations are reduced to 9 to 11 cents, with prospect of further reduction.

The very limited product of tobacco in 1838 causes the price of that article to be better sustained abroad than of any other; but the abundant crop of the present year will be sufficient to fill all markets, when the period of export shall arrive. The moderate supplies of new crop which now appear at our inspections command a ready sale at $4 to $8.

The news from Europe to 1st November, is not of a favorable character, and worse tidings are expected by the next steamer, when the accounts of suspension of specie payments in this country shall have been received there. American stocks were at very low rates, and were unsaleable even at the great depreciation which they had reached. The very reduced stock of specie in the Bank of England, although it may not cause a suspension, must render money very scarce, and the probable deficiency in the grain crop is likely to protract the distress which has prevailed for Our internal exchanges continue in a deranged some time past. The inferior quality of the wheat state. The banks of New York and of the eascauses prices to be kept down, and consequently tern states adhering to specie payments, causes enhances the rate of duty-thus rendering the ex-southern funds to be at a discount there of 8 to 12 ports from other countries less extensive than they would be if commerce in grain was unrestrained. The price of flour in this country is consequently kept down to the comparatively moderate price of $61 to $6 in the ports of shipment. Wheat $1 15 to $1 25.

A combination of circumstances operates against our great staple, cotton, which the short export from this country is insufficient to counteract. Even the impression which prevailed that another

per cent. ; and remittances from one part of the country to another are rendered almost impracti cable. Exchange on England during this month has been at 103 to 108 in New York, while in the cities south of it 118 to 120 has been current.

Stocks of every description have fallen to lower rates than at almost any previous time, and the pressure for money never was more severely felt. X. November 30th, 1839.

Table of Contents of Farmers' Register, No. 11, Vol. VII.