Morning Star

COST of A WAR WITH England.—The venerable Albert Gallatin has published in the National Intelligencer a series of letters on the Oregon Question. At the conclusion of them, he enters at considerable length upon a calculation of the expenses of a war with England. From the best data, he thinks the expenses of such a war would not be less than $65,000,000 per year. To this he adds for other expenses $12,000,000—making the cost of supporting the Government for each year of a war to amount to $77,000,000. He thinks, also, that the effect of a war would be to reduce the yearly revenue from customs at least one half, so that the revenue from all sources would not exceed $14,000,000. This sum, subtracted from the annual expenses of Government as above stated, would leave $63,000,000 to be raised each year during the war by loans and taxes. To those who are not moved by the higher moral considerations involved in a war, these estimates ought to serve as a warning.