The Express.
London, England, 1858-12-31 00:00:00

TEX EXPRESS, FRIDAY EVENING, DECEMBER 31, 1858.

COMMERCIAL AND MONETARY PROS-

PELTS OF 113.59.

Oar prospects are undoubtedly cheering. In
those quarters where the traces of last year's
disasters have lingered the longest, recupera-
tive energies are spin snug. there is good
poled to • for instanse, that our Amenean
trade in 1889 will he much mere considerable than
that. of 1868. All ever the world, manufacturing
and industrial enterprise must be stimulated bthe
comparatively low pnore of commodities. Most
ertieles of food Sr. now cheaper than for
some years past. The coomming cheese con-
sequently have a better balance to invest is
sad in the venom condone and conveniemees
of an fish home. Then myriads of new
forage coasamem will be putting forward
demseds upon es. Russia is making material
peemes ; 'Flukey bids fair to achieve a great
ishememial stride, misted bi4b. judicious mo-
th* pronserie of the halt loan s trade
ClMi has bees restrained by e late complica-
tion, and will probably acquire considerable develop-
' mit now that peace h restored, even shOuld the
eetimercial advantages proffered to foreigners by
I the mew treatise prom partially disappointing; even
Mime*, we are unused, a by no means unimportant
AM ibZ tiliszerations of the English merchant
lye berm . Above all, India, whom rapid
been abruptly stayed by the mutinies
of the native mind, promisee an
Mitilete l t,listrhich mama fail to promote the
AMMO if war memakeMoine &Web. liestwhemer
and the ere agrese Woe d bider ask fa *et.
else*/ se tag oil so won agipliell mak
MOP Ileapri‘ that they am aloof
=l/1 bah ones, dos amend
beattuft. Already, within a
eau et split etttaeemial erns, the stocks
dies&is Ifsadsmasit km bees lleasta down to a
peW which, is very in-
seepage heilitiasbra ts
migildellinrianfacturers, in
alessmiser the tense of new contracts, are even
easily
deasesisilleatteen i3Liche possibiliastawttre ;worit-
ndia,
Emile the lest !kw months, ilia ab-
sorbed swat ea esoemess grotty el goods, in
far MINN Wahl* au own hom-
ilies, iegmbants who entertained apprehemiess
that the ocesignsmits already made would,
exceed the wants of the Eastern markete,!
have been surprised at receiving telegram',
with .inetrestieas to send more. With the
quicker means of communication afforded by tie
h, the railway, and the steouniest, the risk
te
otgtitfing foreign and colonial markets is mato.
rially diminishing. Ere long we shall be plead in
telegraphic communicadon with the American Con-
tinuo; with WI; China, and Australia : what Irt•
OM will ear nemehants then have if they repeat tie
Mies of former year. P
In a few departments of trade there are un-
doubtedly exceptions to the general prosperity. For
example, the Iron districts have felt severely the
effects of the discredit of American railway enter-
prime. We would point one, however, that hammed
astivlty most meenearily result from the swams
of our Colonies sad of so many Foreign States is
grant the most liberal pareatess provided they sea
bat pt their railways made. Even Rosida, which
lately made such an earned but easesoessful
attempt to get some of her railway mlesk takes
up in England, is now under the 'Minder elf
remitting hither her gown or hedlyi me"
for the iron and machinery mei helium
great works. An equally loggia view eft
scarcely be entertained, however, as regards another
B.4"lbranch of enterprise—the shipping trade,
ld
weners and ship-Widen have had a mem►
sion of fat years, and now cry out lustily btieeail
they have a leas one. We have a 'unpick* that V
the average of the lest few years be taken, the 10
salts of an investigation into their books woiddA
fairly satisfactory. There is no question
Tomer prosperity led to an imprudent es!
tsmicos of ship-building. It is also wos=
of remark that the bulk of the new v
are of an altogether superior elem. and
es a matter of coarse, partially supersede taet
tubs" formerly in use. This supermetion inevitably
involves loss in some parterre; hot are we to put up
with limiest, slow, and expensive modes of tram-
per; when we can render them quicker and more
seemomiealP In this busy world there is an Mow
mot struggle, and some men raise themselves by
treading on the heads of their less active fellows.
Money is abundant and very cheap; the revenue
ie flourishing, whilst the pressure of taxation is not
millirem is unimpaired, and peace is pre-
served. Have we not, thee, every ground to bet
forward to the main year as one of prespeeity
The world Is Ia no mood to embark is speculation,
but there le every prospect of an extolling and legiti-
mate trade. Peace and Plenty are powerful levers
id =stimuli proper, and we are happily in the
apposes ci both.