Letters Of A Traveller, By William Cullen Bryant















































































































 -  Marseilles is the most flourishing
seaport in France; it has already become to the Mediterranean what New
York is to - Page 17
Letters Of A Traveller, By William Cullen Bryant - Page 17 of 396 - First - Home

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Marseilles Is The Most Flourishing Seaport In France; It Has Already Become To The Mediterranean What New York Is To The United States, And Its Trade Is Regularly Increasing.

The old town is ugly, but the lower or new part is nobly built of the light-colored stone so commonly used in France, and so easily wrought - with broad streets and, what is rare in French towns, convenient sidewalks.

New streets are laid out, gardens are converted into building-lots, the process of leveling hills and filling up hollows is going on as in New York, the city is extending itself on every side, and large fortunes have been made by the rise in the value of landed property.

In a conversation with an intelligent gentleman resident at Marseilles and largely engaged in commercial and moneyed transactions, the subject of the United States Bank was mentioned. Opinions in France, on this question of our domestic politics, differ according as the opportunities of information possessed by the individual are more or less ample, or as he is more or less in favor of chartered banks. The gentleman remarked that without any reference to the question of the United States Bank, he hoped the day would never come when such an institution would be established in France. The project he said had some advocates, but they had not yet succeeded, and he hoped never would succeed in the introduction of that system of paper currency which prevailed in the United States. He deprecated the dangerous and uncertain facilities of obtaining credit which are the fruit of that system, which produce the most ruinous fluctuations in commerce, encourage speculation and extravagance of all kinds, and involve the prudent and laborious in the ruin which falls upon the rash and reckless.

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