" Sir, I need not tell you that wherever that flag waves, it is supported and cheered by the martial airs of England. But I cave not for that. The sword is not the most winning mes senger that can be sent abroad •, and commerce, like power, upheld by. armies and navies, may

in time be found to cost too much. But what is to be regarded with more concern is, that England employs the steam engine even more vigorously and more universally than her mili tary force. Steam engines, punctually depart ing' and arriving between every one of her va rious possessions and her island seat of power, bring in the raw material for every manu facture, and supplies for every want. The steam engine plies incessantly there, day and night, converting these materials into fabrics of every variety, for the use of man. And again, the steam engine, for ever, and without rest, moves over the face of the deep, not only distributing these fabrics to every part of the globe, but disseminating also the thoughts, the principles, the language, and religion of England. Sir, we are bold indeed, to dare competition wish such a power. Nevertheless, the resources for it are adequate. We have coal and iron no less than she, while corn, timber, cattle, hemp, wool, cotton, silk, oil, sugar, and the grape, quicksil ver, lead, copper, silver, and gold, are all found within our own'broad domain, in inexhaustible profusion. What energies we have already ex pended, prove that we have in reserve all that are needful. What inventions we have made, prove our equality to any exigency. Our capi tal increases, while labour scarcely knows the burden of taxation. Our Panama route to China has a decided advantage over that of the Isthmus of Suez ; and at the same time, vessels leaving that country and coming round the Horn, will reach New York always at least five days sooner than vessels of equal speed can double the Cape of Good Hope and make the port of Liverpool. "Mr. President, we see how conspicuous a part in the great movement of the age Cali fornia and Oregon are to sustain, and that, as yet, they are separated from us and isolated. They will adhere to us only so long as our Go vernment is conducted, not for our benefit, but for their own. 