5*2 DETERIORATED CONDITION OF 



Political economists tell us the supply of 

 everything should be left to the operation of 

 the general principle which they assert regu- 

 lates supply and demand, but I submit that, 

 powerful as that principle undoubtedly is, it is 

 not a general one, and that as respects many 

 objects of art the supply may remain — as re- 

 spects home production — for centuries either 

 nil or bad. Such is the case with many arti- 

 cles we are content to get from France. The 

 Swiss too have ever been our superiors in 

 making watches, and nearly all those sold now 

 in this country by those of our tradesmen who 

 call themselves watch-makers come from Swit- 

 zerland. 



If it be said that breeding a sufficient supply 

 of good saddle-horses requires no skill, how 

 then are we to account for no civilized nation, 

 save our's, having ever succeeded in doing this, 

 and that we should at length have failed ? 



The Polish, Hungarian, and Cossack horses 

 are very good for some purposes, but have not 

 enough physical power to carry heavy cavalry, 

 or any class of cavalry that has to act in line. 

 For this purpose a factitiously strong animal 

 is wanted, but having a sufficiency of speed 

 and endurance. 



