The Litchfield County post., 1826-09-05

the Church be applied TO liquidate the ma
tional debt; in short, let all property be
taxed for this purpose, and let US in man
ner worthy of a great uation, abandon those
expedients fraught with danger to the state,
and destructive to the fortunes and happi-
ness of the people. We may equivocate'
as much as we please, we may adopt one
expedient after another, but we cannot dis
guise the fac, the government is insolvent,
and, like individual insolventS, we must
make composition with the pnblic credit
or, wipe off our old debts, repent our for
mer follies, and start again on equal terms
with other countries in the race Of national
prosperity.
From the London Tines Of July Esd. M
Manufacturing Distress.--There was
never such an appalling and awful aspect
before us, and fittings continue many months
as they are at present, there must be re-
bellion before Christmas. 1873 and 1872,
are nothing in comparison with 1S26,when
the extent of commerce and the increase of
population are taken into considerations
A cramped circulation and the destruction
of credit and confidence, which it. will take
years to restore, have paralysed every de-
partment of commerce, and have brought
the country to q state of misery and de-
SPAR. az
In the north, the merchants are losing
by every engagement; in their own de-
fence they are obliged to turn off all their
hands. The manufacturers do not get the.
price of the raw material for their manu-
featured goods, and are obliged to turn off
their hands. There is no employment for
the laboring classes, and young men, of
good sober habits and moral principles, are
willing to do any thing however slavish, to
prudent man is reducing his establishment
and curtailing his expenses; and many of
the most respectable members ofsociety are
anxiously thinking how they are to gain
miserable pittance.
Low WOODEN goods for the North Ameri-
can market sold last week at Huddersfield
10 to 20 per cent lower than they have
been known for the last 60 years! In fact,
no words can paint the distresses of
Lancashire, and West Riding of York
shire.
The correspondent of daily papersays,
"the loss Of credit in mercantile country
is an evil of such magnitude as years can
not repair. Why not touch OH the corn
laws? The best wheat is now selling ali
Hamburg, and very late purchases made, at
Cos! The aristocracy do not feel our suf-
terings-they are at present basking in
Fortunes lap. Their turn, however, will
soon come, and with redoubled force, and
they will feel what it is to annihilate COM
merce. There must be an eventful crisis
ere long--the poor-rates are increasing
tenfold--a perfect stagnation in every de-
partment of commerce, aud ruinous sacri-
fees made by every merchant, and still no
employment Of any kind for the laboring
classes" a.
We can state on the very best authority,
that a manufacturer in the silk and worsted
trade, not far from the Metropolis, who
has hitherto kept upwards of 5000 hands,
has given intimationt to the Ministers, that he
can no longer continue his business without
certain ruin, and that he will be obliged to
discharge the whole as soon as they have
finished the work in hand.
Every branch of business appears to be
rapidly declining, or in state ofinactivity
amounting to absolute stagnation. The uni
yersai topic is the condition of the people
in the manufacturing districts. Great APP
prehensions are entertained of Instruction
ary movements in the neighborhood of
Wigan, where persons have been engaged
in manufacturing pixies for some weeks
past. Government are at length convin-
ced 5y the representations from the north
ern manufactures, and from their own OBJ
servations, that subscriptions are quite in
adequate for relief. hs4
A Bolton paper states that FIVE mills sus-
pended operation at the end of last week
in that town alone, by which 1000 work
men we're added to the multitudes out of
Bound up together, as the
interests of the masters and the workmen
are, it is impossible to afford any relief to
the latter, without improving the condition
of the former. Where tens and hundreds
Of thousands Of workmen are out Of en-
ployment, private charity must fail to Sf-
ford adequate relief 1t may. indeed, by
showing to the poor that the higher classes
sympathise in their distresses, serve to ex-
cite kindness among the different ranks !;
but without more extensive relief, this feel
ing will be insufficient to prevent the tu-
multi which great distress produces. How
this is to be afforded we are unable to saw.