Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-10-01

Afov'p~SSs0vv IA low UciHG ohtuCIcseU sS~~soN =
per cent in 10 years. In the next lOyesrs sndes
the influence ofthe new elements, ths increase wiz
be still greater Indeed have doubt but the trade
with the United States will, in 10 or lsyearsbe equal
to that which we have now with England. Our re-
vulson Of 1887 paralyzed it for ne but il is reco-
veriRg very fast.
democratic movement in commerce, the great house
of Rohschilds stall occupy the ground which they as
sumed at the close of the last They are the
great capitalists who hold the purse strings of all the
governments Of Europe. visited their banking house
the other day. Ii is situated in the Rue La Elite,
near the Bouiepards HaGcns, and most splendid
palace it is. have already sale few words of their
chateau the banks of the Seine but before leave,
shall see it little more. There are two sovereigns
in Parls-Louis Philippe, the King of the French,
and Solomon Rohschd, the King Of the Jews
hardly know which king understands his position
and his people the best. But besides these remarks,
ought to add, LATTE, the king of the democrats or
Partisan locofocos-one of the most sensible kings Of
the lotto whom may add Mr.. Wells and particn.
!arly Madame Wells the one the king and the other
the beautiful queen of the Yankees The Rothschilds
have house in Frankfsrt-ane,her in VenRa-ano-
ther IN Naples. They regulate the inland exchanges
over all Europe, and they manage it with a master
spirit In Gay two l dine with member Of
their house. and before leave Paris shall make N.Y.
self acquainted with their system, so that may be
able to teach Mr.. Beers of the new bank, how he
can DO the same thing in the United States.
The Rothschilds of Paris, heretofore have not had
much intercourse with New York, but l have good
reason for Believing that they are preparing to increase
their relations with the United States particularly as
negocators for our state loans. In Europe they
maintain the highest character, and create the great
est confidence Capitalists greedy AXE hold Of any
loan presented by them Heretofore the Hot,inguers
were the principal capitalists connected with the
United States, exclusive of Mr. Wees who gene
rally possessed all the negotiations in the export trade
TO New York. The elder Hottnguer is a Swiss, and
married, believe, TO an American lady. They were
formerly the agents and bankers Of our government
but year ago the account was taken from them and
given to the Rothschilds The Hottnjiers are still
the agents Of the u S. Bank, and they, by of
their house in Havre, transact all the cotton opera
tons of Mr.. Bidde, for France. On this point am
coilee ting, AMI havecolleeted much valuable inform
alton.
Yet Paris IS not the great centre of finance and
trade in reference the United States that it is des
tined TO be. Hcretodre, London has been the great
marke, for the sale of American stocks. II is true
that considerable portions of American stocks are
held in Paris but they not sold or quoted on the
Bourse They are permanently held by individuals
for the sake Of the interest; but one hears OF the
Now i, is fact, that Paris might become the great
est mart for American securities in Europe. The
cheapness of living, in France, draws vast crowds
Of persons to reside here who possess small proper
ties In the funds. The rate Of interest III the public
funds of Europe such as are good, is very low, and
the addition of few hundred dollars to income in
France is Of very great moment. l am persuaded,
therefore, that the higher rate Of interest yielded by
American stocks would recommend them to purcha-
sers here, provided they could be brought properly
10 the market. The Rothschilds are the principal
house to do this. Their reputation and standing are
known over the whole continent They have also an
agent in New York. l believe his name is Mr.. Bel
mont. There is, therefore, from what l hear some
likelihood that, through the agency Of the Roths-
childs, quantities Of American securities may find
their way Paris-and if they do rival will be Gre
ated TO the London market which the spectators
there will not like. shall probe this subject to the
bottom.
The cotton trade have every reason to believe will
increase rapidly, from this year forward in France.
We have just heard from Liverpool Of an increase in
the price and the sales Of cotton at one and the same
time. This has created some surprise An increase of
price and Of the sales lead TO remarkable conclusions
have doubt that, coupled with the other elements
in acton, these facts will have like effect in Havre
and al Rouen. Will net, therefore, Mr.. Bd6le sue
coed in his views, and compel the cotton manufacu
rers Manchester to buy in order to keep their mills
gongl II really appears 50 at this distsnce-but
willlearn more when return to London in abou. ten
days, to take my passage for New York. The i'm
ports Of American cotons into France the last year
were about $4,000 bales-no England, 10000
bales. Under the new spirit developed here the i'm
port Of $4,000 vii be made 700 900, before eight
years have passed away. Every fact, every view,
every element tends TO corroborae this prediction
At Rouen, and every where on the Seine, from Paris
to Haue, it is perfect fever OF improvement in rail
roads steamboats,, factories and building houses.
France is this under The fever OF greater
and happier revolution than any Of past ages. An
other age similar TO that of Louis XIV, but better
and greater is now approaching. Napoleon brought
out and exhausted oil the old, heroic, military ee-
mens Of France. France has military reputation salt
ed up and picked in the paintings of Versailles and
elsewhere, enough 10 last five centuries. They are
now beginning a new era. Ii Is t. be scientific age
but science applied TO trade and commerce In
r.~l.al ,Lox. 00Q man ri nm he r,,l