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Nor art thou election, reprobation,

Nor the long formal cloak;
Nor yet the supper ordination,

Nor preaching from an oak:
Nor art thou a disuse of greetings,

Hat on, contracted brow;
No, nor perfection, silent meetings,

Nor language thee and thou:
Nor imaginary revelations,

Or intercourse divine;
Nor supernum'rary prostrations,

To alter heav'n's design.
To give a summ'ry of thy beauties,

An abstract of thy plan,
No round thou art of useless duties,

But “ Love of God aud man.” The first consisteth in adoring - His sov'reignty and grace; In praise, thanksgiving, and deploring

Our present lapsed case! The last, in treating all as brothers;

Forgiving, just, and true : Doing sincerely unto others

As we'd be done unto.
This is the Law and Prophets join'd,

Of gospel 'tis the sum;
Who has Religion thus defined.

Has hope in life to come;
Whether he approve of liturgies,

Or give assent to none; Whether he attend communities,

Or worship God alone.

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ELEGY.
NAIR was thy blossom, tender flower,
4 That opened like the rose of May,
'Though nursed beneath the cbilly shower

Of fell regret for love's decay !
How oft thy mother heaved the sigh

('er wreaths of honour early shorn,. Before thy sweet and guiltless eye

Had opened on the dawn of morp!
How oft above thy lowly bed,

When all in silence slumbered low,
The fond and filial tear was sbed,

Thou child of love, of shame, and woe!
Her wronged, but gentle, bosom bnrned,

With joy thy opening bloom to see,
The only breast that o'er thee yearned,

The only heart that cared for thee.
Oft her young eye, with tear-drops bright,

Pleaded with heaven for her sweet child,
When faded dreams of past delight

O'er recollection wandered wild.
Fair was thy blossom, bonny flower,

Fair as the softest wreath of spring,
When late I saw thee seek the bower

In peace thy morning hymn to sing!
Thy little feet across the lawn

Scarce from the primrose pressed the dew
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I thought the spirit of the dawn

Before me to the greenwood few.
Even then the shaft was on the wing,

That spotless soul from earth to sever;
A tear of pity wet the string

That i wang'd and sealed thy doom for ever.
I saw thee late the emblem fair

Of beauty, innocence, and truth,
Start tiptoe on the verge of air,

"Twixt childhood and unstable youth.
But now I see thee stretch'd at rest,

To break that rest shall wake no morrow;
Pale as the grave-flower on thy breast!

Poor child of love, of shame, and sorrow,
May thy lung sleep be sound and sweet,

Thy vision fraught with bliss to be ;
And long the daisy, emblem mcet,
Shall shed its earliest tear o'er thee.

THE MISSISSIPPI SCHEME, THE projector of this celebrated scheme was one John Law, the son of a goldsmith in Edinburgh, where he was born about the year 1681. Having a natural turn for calculation, he soon made himself a proficient in num. bers, and while very young obtained the confidence of the king's ininister for Scotland, so far as to be employed to arrange the revenue accounts, which were in great disorder before the uniou of the two kingdoms. In order to remedy the want of a circulating niedium io Scotland, he proposed the establishment of a bank, which might issue paper money to the value of all lands in the king. dom; this scheme was, however, too bold far adoption.

In 1704, Law's father died and left him a small estate near Edinburgh, He soon imbibed a love of gaming, and the

hus endeavoured to supply the deficiencies of bis income by his skill at the table. In one of his gaming broils he killed Beau Wilson, whom he had challenged to a duel; soon after which he fled tbe country. He now visited Venice and Genoa; but here his superior dexterity and numerical skill caused him to be shunned as a sharper. He, however, contrived to support himself by these means in his rambles through Italy, and at Turin he endeavoared to entrap the Duke of Savoy, with a new financial sys. tem but the duke prudently declined his services, assert.

ing that his dominions were too small for the plans of so extensive, a genius. He next visited Paris, where his schemes were rejected by the ministers of Louis XIV. but the regency of the duke of Orleans was much more favourable to him. He first established a bank of 1200 shares of 3000 livres each, by royal authority in 1716, and so firmly was its credit established that the shares soon bore a premium. Annexed to it was a Mississippi com. pany which had grants of land in Lousiana, and was expected to realise au immense sum by planting and commerce. In 1718 it was declared a royal bank, and by a vumber of advantages arbitrarily conferred on it, so great was the extent of its business and funds that its shares rose to twenty times their original value. All France was now seized with the rage for ganıbling in its fuuds, and housands of adventurers poured hourly into the grand field of enterprise. In 1720 Law was made comptroller of the finances, and he now imagined that the golden dreams of his yonth were realized. His vanity rose with his circumstances to a most disgusting enormity. Pub. lic confidence appeared to be established, and the Parisians dreamed of nothing short of their national debt being swept away. In the midst of this delusion the fabric tottered, and the bubble burst: the shares sunk hourly in value, and the hoax could no longer be disguised. Law did not enrich himself by the scheme, but was compelled to resign bis post afier bolding ít' five months. Thousands were now reduced to beggary, and the projector had nearly fallen a victim to public execration. He spent the remainder of his life in comparative obscurity and after visiting England, Holland, and Germany, died at Venice in 1729, in distressed circumstances.

Such is the outline of the career of one of the most enterprising speculators of the last century. Short as it was it was sufficient to enforce a valuable lesson to man. kind in all ages, by illustrating the superior satisfaction and enjoyment which result from regular habits and industrious inclinations. It is a common error of mankind to confound wbat may be called the speedily earned splendour of public life with diligence and undivided perseverance. The one builds castles in the air, while the other realizes little by little the most solid comforts for the wintry quarter of life. Plodding industry is therefore preferable to that restless spirit of speculation and enterprise which proved the rock on which the fortunes

of Law may be said to have foundered. All happiness is dependent on equanimity of mind which regulates our pursuits, and thus leads us progressively to the highest enjoyment.

GINEVRA.
FROM 'ITALY,' A POEM. BY S. ROGERS, ESQ. .
Fever you should come to Modeva,
(Where, among other relics, you may see
Tassoni's bucket-but 'tis not the true one)
Stop at a palace near the Reggio-gate,

Dwelt in of old by one of the Donati.
Its noble gardens, terrace above terrace,
And rich in fountains, statues, cypresses, v w 19.
Will long detain you--but before you go,
Enter the house--forget it not, I pray you are
Aod look awhile upon a picture there.

D . 'Tis of a lady in her earliest youth, The last of that illustrious family; Done by Zampieri-but-by whom I care not He who observes it, ere he passes on, Gazes his fill, and comes and comes again,

i That he may call it up, when far away.

She sits, inclining forward as to speak,
Her lips half open and her finger up,
As though she said . Beware! Her vest of gold bh .
Broidered with flowers, and clasped from head to foot,
An emerald-stone in every golden clasp;
And on ber brow, fairer than alabaster,
A coronet of pearls.

But then her face,
So lovely, yet so arch, so full of mirth.
The overAowings of an innocent beart-
It haunts me still, tho' many a year has fled,
Like some wild melody!

Alone it hangs
Over a mouldering heir-loom, its companion,
An oaken-chest, half-eaten by the worm,
But richly carved by Antony of Trent,
With scripture stories from the Life of Christ;
A chest that came from Venice, and had held
The ducal robes of some old ancestor-
That by the way-it may be true or false-
But dov't forget the picture; and you will not,
When you have heard the tale they told me there.

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