I recollect, on both occasions of our passing that ill-
fated Cairo on the Mississippi, remarking on the bad effects such
gross deceits must have when they exploded, in generating a want of
confidence abroad, and discouraging foreign investment: but I was
given to understand that this was a very smart scheme by which a
deal of money had been made: and that its smartest feature was,
that they forgot these things abroad, in a very short time, and
speculated again, as freely as ever. The following dialogue I have
held a hundred times: 'Is it not a very disgraceful circumstance
that such a man as So-and-so should be acquiring a large property
by the most infamous and odious means, and notwithstanding all the
crimes of which he has been guilty, should be tolerated and abetted
by your Citizens? He is a public nuisance, is he not?' 'Yes,
sir.' 'A convicted liar?' 'Yes, sir.' 'He has been kicked, and
cuffed, and caned?' 'Yes, sir.' 'And he is utterly dishonourable,
debased, and profligate?' 'Yes, sir.' 'In the name of wonder,
then, what is his merit?' 'Well, sir, he is a smart man.'
In like manner, all kinds of deficient and impolitic usages are
referred to the national love of trade; though, oddly enough, it
would be a weighty charge against a foreigner that he regarded the
Americans as a trading people.
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