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industry of the country, far beyond any thing upon which the Federalists had ever ventured.

The third volume, commencing with those very extraordinary measures of the embargo and nonintercourse, will exhibit, in relating the adminis. tration of Madison, the theories of the two political parties brought to the test of a severe experience, by which both the one and the other, but especially the dominant party, were driven to occupy, in a great measure, the very position of their political opponents-a change of ground which, in combination with other causes, produced a complete extinction, during Monroe's first term, of the old party divisions so far as they were grounded upon any thing more than mere personal and local antipathies; which, indeed, had exercised from the beginning an influence over our national politics by no means inconsiderable.

These three volumes, while they serve as a con tinuation of the three already published, will, like those, constitute also a separate work, complete in itself.

Oct. 1, 1850.

Advantage has been taken of a new edition to introduce a number of corrections. Some obscurities of expression have been cleared up, and some matters of fact set right; as to which I have received material assistance from several gentlemen otherwise unknown to me, but whose kindness in supplying my deficiencies by their better knowl. edge has laid me under lasting obligations

April 30, 1853.

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