2111CULLOCH, HORATIO, a Scottish landscape-painter, was b. in Glasgow in 1806, and_ named after lord Nelson. His first intention was to fit himself for being a manufacturer, but finally he devoted himself entirely to art. fle exhibited for the first thne in 1829. In 1836 he was elected an associate of the Scottish academy, and next year he fixed his residence at Hamilton, and made enthusiastic studies of the oaks in Cadzow Forest. 'Iwo years afterrards, when lie was elected a. member of the Royal Scottish academy-, lie removed to Edinburgh, where he lived till his death in 1807. 31'Culloch beaded the roll of the contemporary Scottish landscape-painters. He painted the Highlands with unrivaled truth, breadth, and imagination. Among his principal pictures are " Highland Loch," " Loch-an-Eilan," "View in Cadzow Forest," "Dream of the Forest," " Misty Corrics," " Deer Forest, Isle of Skye," " Loch Achray," " 3list Rising off the Moun tains," " Kilchuru Castle, Loch Awe," and " Bothwell Castle, on the Clyde." NcCULLOCII, Huoir, b. Me., 1811; studied at Bowdoin college, but on account of ill health did not oTaduate; in 1833 he removed to Fort Wayne, Ind., and entered upon the practice of'law. In 1855 he was made president of the Indiana state bank, where he had been employed since 1835, which position he held for eight years, gaining a more than local reputation as a skilled financier. In 1863 secretary Chase, of the
treasury, called him to 1Vashington to take charge of the newly created bureau of the currency, and appointed him comptroller of Una department. In Mar., 1865, _McCul loch succeeded Fessenden as secretary of the treasury at the request of president Lin coln, and held that position until Mar.. 1869. The derangement of the fluances.occa sloped by the rebellion and by the very large issue of legal-tender notes and national bonds gave rise to many difficult questions to be decided by the head of the treasury department. Mt...McCulloch was an earnest advocate of specie resumption at tlte earliest possible moment, and a firm friend of the national-bank system as uniform and safe. For the greater pat•t of his term of office he was in opposition to congress on the subject of retiring the legal-tender notes, arguing that the " best way to resume is to resume." The fear of contraction was vet•y great, and it was thought that business interests would suffer from haste in the matter. Though McCulloch has since acknowledged that in some details of his scheme he was mistaken, the general principles lie advocated have been proved correct by subsequent events. In 1869 he retired from the treasnry, became a metnber of the firm of .lay Cooke, McCulloch et Co.. London, and has since been engaged in banking in that city.