made by their agent, was very easily obtained, and therein it was declared that the act of the Sixth of King George I, chapter xviii, did, does and shall extend to the Colonies and plantations of America. It was said the act of George I, when it was passed, had no relation to America; but another act, twenty years after, gave it force, even from the passing it, which it never could have had without. This was said to be an instance of the transcendent power of Parliament. Although the company was dissolved, yet the act of Parliament gave the possessors of the bills a right of action against every partner or director for the sums expressed, with interest. The company was in a maze. At a generalnature of the evils he complains of; and also to have told us why he, a declared enemy of popular institutions, opposed the advocates of the bank so uncompromisingly. Mutualism operates, by its very nature, to render political government founded on arbitrary force, superfluous; that is, it operates to the decentralization of the political power, and to the transformation of the state, by substituting self-government in the, stead of government ab extra. The Land-Bank of 1740, which embodied the mutual principle, operated vigorously in opposition to the government. Can we wonder that it had to be killed by an arbitrary stretch "of the supreme power of Parliament," and by an ex post facto law bearing outrageously on the individual members of the company? For our part, we admire