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Altiioi'oh political economy is a science of every-day life of vast importance, relating both to the individual and the government, yet as each, it is known to, or at least fully appreciated by few. Therefore, the newspaper press, the acknowledged educators of the people, ought to bring the subject prominently before the public. Because of the existing teed in this direction, we rejoice to know that an active movement is on: foot to attract general attention to this science,; too long overlooked by the masses. We feel it j a duty to aid in making known the fact that The New York Mercantile Journal Company are offering a premium of Two Thousand Dollars for the best manuscript of an "Elementary Treatise on Political Economy " for use in pub- i lie schools, and we call upon the craft in nil parts of the 0nion to assist their noble endeavor. This offer of $2,000, made by the enterprising publishers of The New York Mercantile Journal, is for the manuscript which may be deemed; best adapted to bring the important subject' clearly to youthful minds, and to the illiterate j of maturer years, the game to be delivered to the committee of award on or before December 31st, 1872.

The members of this committee of seven stand prominent among the most able financiers and educators of the country. It is proposed that the work, when published, shall contain only about one hundred and twenty octavo pages, using bourgeois or long primer type. The letters of Hon. George Opdyke and Henry Clews, which we append, we have had reduced from the originals, which were nearly or quite five times the size here given, but they are still fac-ginii • - We give them for the double purpose of illustrating the new process of engraving by the use of acids applied after photographing the copy on zinc plates, and of showing the estimate in which these gentlemen hold the object itself.

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While selecting the other membera 'of the committee of award from among the eminent literary men and educators of the country there was a peculiar fitness in choosing the two financial men above mentioned. Both Mr. Opdyke and Mr. Clews are widely known, and their eminent ability appreciated, in financial circles. The former gentjeraan has written a treatise upon political economy, and of the excellence of this work we reiterate the opinion which we have heretofore expressed. In our issue of July, 1870, we said —" As a political economist, Mr. Opdyke deserves to stand in the front rank. He published an excellent treatise upon the subject in 1851, and it is to be regretted that his innate modesty restrained him from

putting it prominently before the public

The ideas advanced in this work relative to paper money are remarkably clear an.l sound; and it is a mitter of surprise to us that such a comprehensive view of the science of money (and especially paper money) should have been promulgated at that period when the subject had not a tithe of the interest attached to it that it has at the present time. In the deservedly popular works of John Stuart Mill, Adam Smith, Henry C. Carey, and others, on political economy, the subject of money is treated in a manner that indicates, beyond question, complete subserviency to prevailing prejudices relative to the real office-work of money. Not so with Mr. Opdyke; he soars above prejudice, and brings his acute reasoning powers to bear upon the principles which govern finance and commerce. — The (.Vcw Fork) Printer.


OLD and NEW began in July the publication of a 'Theological and Philosopk

work by Rev. James Martineau, the great English philosopher and preacher.

These essays are written EXCLUSIVELY FOR OLD AND NEW, by special

ngement with the author.

The subjects of the papers will be:

God in Nature.

God in Humanity.

God in History.

The Church and its Exclusive Claims.

Scripture aud the Limits of its Authority.

The Human and the Divine Element in History.

The Historical Christ. —

Religion; Natural, Revealed, and Apocalyptic.

The Messianic Apocalypse.

The Pauline and Johannine Doctrine of Christ's Person.

The Sense of Sin and the Doctrines of Redemption.

The Sacramental Superstition.

"Old and New," for August, has been published by Roberts Brothers. It it a goat number, and contains one great article, namely the second part of James Martineau'i paper »n " God in Nature." Probably there ia no other periodical in the country wbioh hai an the lilt of it* contributor! a person who could write such an article. Mr. Martineau ii not only a learned and critical theologian, a profound thinker, an attractive rhetorician, but •• thoroughly understands the last result* of scientific investigation, and clearly perceivei thi essential points of difference which now divide science from religion. Theologically he would, we suppose, be classed with the nationalist*; but the fact that hii thinking is not limited by any religious creed makes him the most formidable opponent of that school of pogitivUti, the tendency of whose teaching ia to abolish religion altogether, and to substitute systematixed knowledge in its place: While he ii a man of " liberal" opinions, he has strong religious instincts and deep spiritual intuitions. Untrammelled by any " Confession of Faith," he goes directly to the heart of every question he discusses. His purpose is, in a oloM grapple with the minds of hii adversaries, to show that they are deficient in some of the finest and noblest qualities of mind. He exhibit! in clear light that spiritual side of our nature which his opponent* obscure or ignore. . .......

At the close of hii paper Mr. Martineau contrasts God in Nature, acting through Law, with God in Man, acting through Love. It seems to us that the insight and the eloquence, the depth of the thought and the natural elevation of the language in the following panage, recall to the mind the grand style of the elder English divines—of such men as Hooker, Taylor and Barrow, who morally lived in the high region of spiritual verities which they intellectually announced." — Boston Globe.

for Sale by all Book and JVeuu Dealert,
TERMS, $4.00 PER ANNUM including a beautiful Chbomo Pumicm.

Single numbers 85 cents, mailed postpaid.

S?rid thrtt cent ttamp for Specimen Pagtt, saving Club Ratr.i, etc., to GEOROK jt. COOLJDGJS, Bvuintu Agtnt, care of


143 Washington St., Boston.


The only Connected Digest of the
English and American Cases and Counter Case*,

Presented for the Arbitration it in



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