THE FARMER S REGISTER. 



483 



as a constant bearer; it has none of those claims, 

 however, lor superior size and flavor, set up lor ii. 

 With me, it commences bearing, and ripens its 

 li-uit, with most oiher varieiies, in June, which is 

 lull and abundant, when ii coniinues lo send up a 

 succession ol strong and vigorous shoois Irom the 

 roots of the old plant, which keep up a succession 

 of bloom and maiunng fruit the remainder of ihe 

 summer, not however so profusely as the first 

 Iruiling, though of larger size, and, I am inclined 

 to think, of better flavor. This circumstance is, 

 perhaps, owing to the lact, that there is less rain 

 and more sun in the latter part of summer than in 

 June. The li'uit is black, sirongly resembling the 

 black raspberry of our hills and mountains in size 

 and flavor, and, like a, propagates itself Irom ihe 

 ends of the new shoots, which branch just below 

 the cluster of fruit, on the end of the same ; those 

 branches grow beyond the cluster of fruit, and 

 bend themselves over to the ground, and again 

 fork, near the end, into several parts; on the ends 

 of these sub-branches roots are lormed, which 

 fasten themstlves into the ground, and thus form 

 new plants. The roots ol the mother plant conti- 

 nue to increase in size and strength, throwing up 

 a greater succession of fruit- bearing stems to oc- 

 cupy ihe place of the first bearers, which invaria- 

 dry up alter they have perlbrmed the office of 

 producing one crop of fruit. 



When I say it has no claims to the high repu- 

 tation lor flavor set up /or it by some of the writers 

 who have noticed it, 1 do not mean to be under- 

 stood as denying it all claim to the same, I only 

 wish to correct what I believe, with due delerence 

 to the tastes and judgments of the respectable 

 gentlemen who have written on this valuable 

 fruit, to be an error. My desire is to do it justice, 

 and I think this will be Ibund to be ample, on 

 trial, to recommend it to the lavorable attention ol 

 the public, and to occupy a conspicuous place in 

 the fruit department of every well selected col- 

 lection. It cannot tail to prove a valuable kind in 

 the vicinity of all large cities, as a market fruit. 

 To give you some idea of the productiveness of 

 this plant, I counted 105 berries in their various 

 stages on the end of one stem, forming one cluster. 



Considerable has already been written on this 

 valuable fruit, but il you think ihe above will tend 

 to promote its dissemination, and be of interest to 

 your readers, you are at liberty to publish it in 

 your useful magazine. 



NEW-ENGLAND BANKING. 



Some of the Philadelphia papers are highly ex- 

 tolling the New-England banking system, the 

 conductors thereof being apparently ignorant that 

 it is in principle esseniially the same as is in the 

 other states, though the practice under it is some- 

 what different. Ifit has done less harm in New 

 England than in other parts of the union, it is 

 owing to the superior wariness of the New-Eng- 

 land character, and owing to circumstances there 

 being less favorable to the display ol euch finan- 

 cial skill as has raised Pennsylvania and some 

 other states into an unenviable kind of notoriety. 



The wariness of the New-England character, 

 has led the people of that part of the country 

 to eschew the branch bank system. The stock 



ofeach bank is owned chiefly by the; inhabitants 

 ol the village in which it is situated, and the 

 bank is generally managed by those who have a 

 deep interest in keeping the capital sound. In 

 this respect the New-England system ol bank- 

 ing is far prelerable to that which prevails in 

 V^irginia and some other states. 



The same wariness of character has led the 

 New-England men to a prompt settlement of 

 bank balances. 



In New-England, real capital is more abun- 

 dant in proportion lo the means of employing it 

 than in other -parts of the union. There is con- 

 sequently less opportunity for the display of fi- 

 nancial skill by operating on what is called 

 " faciitious capital." 



In New- England, moreover, every thing is in 

 a settled state compared with most other parts 

 of the country. Society there is fifty years 

 older than it is in Pennsylvania, and a hundred 

 years older than it is in some of the other states. 

 Paper money banking naturally leads to the 

 greatest excesses, in those parts of the country 

 the natural resources of which are in a rapid 

 slate of developement, as in Illinois and JMissis- 

 sippi. It is comparatively moderate in its ac- 

 tion in long established, well compacted com- 

 munities. 



In the many crises which we have passed 

 ihrough, New-England has enjoyed great ad- 

 vantages, through New York, Philadelphia, and 

 Baltimore, being guaranties in a manner of the 

 sales of goods she made to the south and west. 

 Besides this, New-England was less exposed 

 than other parts of the union to the deleterious 

 influences of the United States Bank. 



Notwithstanding all this, paper money bank- 

 ing is operating on society in New-England like 

 a subtle poison, and so those New-Englandmen 

 as have carefully and candidly inquired'' into the 

 system are well convinced. One of the most 

 intelligent of the merchants of Boston told us 

 not long since, that when he first read our His- 

 tory of Banking, he thought we had exagge- 

 rated the evils of the system, but subsequently 

 observation had convinced him that our represen- 

 tations fall short of the awful reality. 



In the state of New Hampshire, which con- 

 tains liiwer inhabitants than the city of New 

 York, and not many more than the city and 

 county of Philadelphia, upwards of one thou- 

 sand persons have applied for the benefit of the 

 bankrupt act. This fact alone shows that there 

 is something radically wrong in the currency and 

 credit system of New-England. 



Nothing but gross ignorance, or inveterate 

 prejudice, or a strong desire to speculate on the 

 rest of the community through some new modi- 

 fication of the paper money system, could ever 

 induce a man to offer New-England banking as 

 a model for the rest of the union. It is, we re- 

 peat it, in its prwci/j/es, essentially the same as 

 that which has ruined Mississippi and Michigan, 

 and disgraced Pennsylvania. — Gouge. 



