lowing extract--

"The year 1680 is remarkable for the grant of Charles the
Second, to William Penn, of the territory that now constitutes
the states of Pennsylvania and Delaware. The grantee, who was
one of the people called Quakers, imitating the example of
Gulielm Usseling and Roger Williams, disowned a right to any
part of the country included within his charter, till the
natives voluntarily yielded it on receiving a fair
consideration. There exists not any other example of so liberal
a conduct towards the Indians of North America, on the erection
of a new colony. The date of Penn's charter is the twentieth of
February."

We follow our author into his fifth chapter, which we find occupied with
a variety of matters, sufficiently interesting in themselves, but having
no relation to the professed subject of our history; and which have been
collected from works of no difficult access to any body. We notice,
however, an occurrence, especially worthy of our attention at this time,
when a project is entertained of introducing a government paper currency
into the United States.--

"Louis the Fourteenth having approved the emission of card
money made in Canada, during the preceding year, another
emission was now prepared in Paris, in which pasteboard was
used instead of cards. An impression was made on each piece, of
the coin of the kingdom, of the corresponding value.

"Pasteboard proving inconvenient, cards were again resorted to.
Each had the flourish which the intendant usually added to his
signature. He signed all those of the value of four livres and
upwards, and those of six livres and above were also signed by
the governor.

"Once a year, at a fixed period, the cards were required to be
brought to the colonial treasury, and exchanged for bills on
the treasurer-general of the marine, or his deputy at
Rochefort. Those which appeared too ragged for circulation were
burnt, and the rest again paid out of the treasury.

"For a while the cards were thus punctually exchanged once a
year; but in course of time bills ceased to be given for them.
Their value, which till then had been equal to gold, now began
to diminish; the price of all commodities rose proportionably,
and the colonial government was compelled, in order to meet the
increased demands on its treas