carried cheaper in money price than the other can be made without carrying, that cause is an unnatural and injurious one, and ought naturally, if not rapidly, to be removed. The condition of the treasury at this time would seem to render an early revision of the tariff indispensable. The Morrill Tariff bill, now pending before Congress, may or may not become a law. I am not posted as to its particular provisions, but if they are generally satisfactory and the bill shall now pass, there will be an end of the matter for the present. If, however, it shall not pass, I suppose the whole subject will be one of the most pressing and important for the next Congress. By the Constitution, the executive may recommend measures which he may think proper, and he may veto those he thinks improper, and it is supposed that he may add to these, certain indirect influences to affect the action of Congress. My political education strongly inclines me against a very free use of any of these means by the executive to control the legislation of the country. As a rule, I think it better that Congress should originate as well as perfect its measures without external bias. I, therefore, would rather recommend to every gentleman who knows he is to be a member of the next Congress, to take an enlarged view and inform himself thoroughly, so as to contribute his part to such an adjustment of the tariff as shall provide sufficient revenue, and in its other bearings, so far as possible, be just and equal to all sections of the country and all classes of the people.

AT ALBANY, N. Y., FEBRUARY 18, 1861, FROM THE STEPS OF THE CAPITOL.

Mr. Governor-I was pleased to receive an invitation to visit the capital of the great Empire State of the nation, on my way to the Federal Capital, and I now thank you, Mr. Governor, and the people of this Capital, and the people of the State of New York, for this most hearty and magnificent welcome.

If I am not at fault, the great Empire State at this time contains a greater population than did the United States of America, at the time she achieved her national independence. I am proud to be invited to pass through your Capital and meet them, as I now have the honor to do.

I am notified by your Governor that the reception is given without distinction of party. I accept it the more gladly because it is so. Almost all men in the country, and in any country where freedom of thought is tolerated, attach themselves to political parties. It is but ordinary charity to attribute this to the fact that in so attaching himself to the party which his judgment prefers, the citizen believes he thereby promotes the best interests of the whole country; and when an election is passed, it is altogether befitting a free people that, until the next election, they should be as one people. The reception you have extended to me to-day is not given to me personally.

It should not be so, but as the representative for the time being of the majority of the nation.

If the election had resulted in the selection of either of the other candidates, the same cordiality should

have been extended to him as is extended to me this day, in testimony of the devotion of the whole people to the Constitution and the whole Union, and of their desire to perpetuate our institutions, and to hand them down in their perfection to succeeding generations.

I have neither the voice nor the strength to address you at any greater length. I beg you will accept my most grateful thanks for the devotion, not to me, but to this great and glorious free country.

AFTERWARD IN THE ASSEMBLY HALL AS FOLLOWS, FEBRUARY 18, 1861.

Mr. President and Gentlemen of the Legislature of the State of New York:-It is with feelings of great diffidence, and, I may say, with feelings of awe, perhaps greater than I have recently experienced, that I meet you here in this place.

The history of this great state, the renown of those great men who have stood here, and spoke here, and been heard here, all crowd around my fancy, and incline me to shrink from any attempt to address you. Yet I have some confidence given me by the generous manner in which you have invited me, and by the still more generous manner in which you have received me, to speak further.

You have invited and received me without distinction of party. I can not for a moment suppose that this has been done in any considerable degree with reference to my personal services, but that it is done in so far as I am regarded at this time, as the representative of the majesty of the great nation.

I

doubt not this is the truth, and the whole truth, of the case, and this is as it should be.

It is much more gratifying to me that this reception has been given to me as the representative of a free people, than it could possibly be if tendered as an evidence of devotion to me, or to any one man personally.

And now I think it were more fitting that I should close these hasty remarks.

It is true that, while I hold myself, without mock modesty, the humblest of all individuals that have ever been elevated to the Presidency, I have a more difficult task to perform than any one of them.

You have generously tendered me the united support of the great Empire State. For this, in behalf of the nation-in behalf of the present and future of the nation-in behalf of civil and religious liberty for all time to come, most gratefully do I thank you. I do not propose to enter into an explanation of any particular line of policy, as to our present difficulties, to be adopted by the incoming administration.

I deem it just to you, to myself, and to all, that I should see every thing, that I should hear every thing, that I should have every light that can be brought within my reach, in order that when I do so speak, I shall have enjoyed every opportunity to take correct and true grounds; and for this reason I don't propose to speak, at this time, of the policy of the government. But when the time comes I shall speak, as well as I am able, for the good of the present and future of the country-for the good both of the North and the South of this country-for the

good of the one and the other, and of all sections of the country. [Rounds of applause.] In the meantime, if we have patience, if we restrain ourselves, if we allow ourselves not to run off in a passion, I still have confidence that the Almighty, the maker of the universe, will, through the instrumentality of this great and intelligent people, bring us through this as He has through all the other difficulties of our country. Relying on this, I again thank you for this generous reception.

THE PRESIDENT ELECT EN ROUTE FROM ALBANY TO NEW YORK. SPEECH AT TROY, FEBRUARY 18, 1861.

Mr. Mayor and Ladies and Gentlemen of the city of Troy:I can not fail to remark to you here that, since I entered upon this journey from my home to the Federal Capital, I have never seen a meeting so compact and yet so good-natured as the one before. which I now stand. I thank you for this reception. I thank you, because it is a demonstration made without distinction of party. I appear before you that I may see you and you see me; but with the large attendance of the fair who face this vast assemblage, I must say I have the best of the bargain. Having said this much in response to your cordial greeting, I will now bid you farewell.

SPEECH AT HUDSON, N. Y., FEBRUARY 19, 1861.

Fellow-citizens:-I see that you are providing a platform for me. I shall have to decline standing upon it, because the President of the company [Mr. Sloane] tells me that I shall not have time to wait