The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-06-06
In the Midst OF Revolution--A New Curren-
cy Plan for England, and M0rse's Telegraph
In the United states.


In the United states.
We are in the midst of revolution in society
and government on both continents and one which
Will produce the most important changes, and
changes as beneficial as important, in the physical
and moral world. In this days paper we give d
very accurate and comprehensi account of the
new telegraph invented by Professor Morse, aud
also commence the publication of a very remarka
bic speech, descriptive OF the new system of cur
rency proposed for England by Sir Robert Peel
The combination OF these two articles may
at first sight, appear incongruous to many
minds but little examination and rehec-
ton will discover in these two remarkable
movements, the significant and ineligible proof of
the rapid solution in day of the same problem
problem which has been under discussion, and
been the subject Of extended experiment. for the last
quarter OF century-the problem of mems capac-
ty for self-government. The possibty-nay, the
practicabilty Of uniting vast communities in one
FIRMLY united republic, and the rapid triumph of the
social and political system of the United States
over all others throughout Europe, are great truths
which have for years past been sinking deep into
the minds of civilized man, and receive in the
documents which we this day publish, contirma-
ton so strong-so convncing-so remarkable-and
80 gratifying, that we cannot permit this occasion
to pass without directing attention to it,
With regard to Sir Robert Peel's new financial
SYSTEM we have already made some notices in
another department of our paper. 1t indicates
very clearly that the British Government have been
forced to adopt SEINE new scheme, in order to
maintain their manufacturing superiority, which
has been seriously menaced by the remarkable
progress of the United States. The influence of
the measures adopted under the administration of
jackson and Suhs nflv he lut;o oh
took place in our currency, had greater effect
upon, and gave greater impulse to the manutac-
lures of this country, than all the tafhs that have
ever been enacted.
Now recovered from the disasters of 1897 and the
two subsequent years, see the advantage of a
restricted currency, and already the British manu-
acturers and British government begin to be alarmed
at the progress are making under this new and
better condition of our financial affairs, and they
are driven to follow in footsteps in relation TO
the currency They perceive the necessity OF
adopting restrictive measures TO bring down the
price OF labor, so as to retain their superiority in
foreign markets. This, it will be perceived, is
merely one branch of the antagonism which now
exists between England and the United States and
which has been for some years past coming to its
acme. The war of opinion and the rivalry between
the two countries are now progressing with fierce
ness, intensity which must, sooner or later,
bring them to criss-to the test of physical force
not on the land, but on the ocean
Such is the character and position of affairs in
England whilst here we already, in every point
of view, not only neck and neck with our great
rivals on the other side of the water but have pas
sed them In the race of empire, and will soon en-
tirely distance them. And one of the greatest ee-
ments which will give power, and energy, and force
and unity to the trump progress of the people
OF this country, under free institutions is I'M
doubedly the extraordinary and wonderful inven-
ton of the "Electrc Telegraph" by means
OF which the community at New Orleans
can be informed in a few minutes-in
half an hour-of what is going on in the com
munities Of New York and Boston Once this
extraordinary invention shall have been fully an.
piled all over the country, the wonderful spectacle
will be presented, of vast continent, as consoli.
dated and united, and possessed as much, nay. in
greater degree, of the of rapid communi-
cation, as the city of New York. 1t will tend to
bnd together with electric forces the whole Re-
public, and by its single agency do more to guard
against disunion, and blend into one homogeneous
mass, the whole population of the Republic, than
all that the most experienced, the most sagacious
and the most patriotic government, could accom-
plisli. Every doubt of the safety of limiting the
extent of our empire only by those eternal boun-
darles by which nature herself has limited the
continent, will be now removed. The extension
OF the republic to the utermos extremities of this
vast division of the earth, must now be seen to be
as natural, justfable and safe the extension of
New York to the Harlem river
1t will be seen, therefore, that we are indeed on
the dawn of greater in the history of human
progress on this continent than, perhaps, even en-
thusiasm itself has dreamed. With our railroads
covering the land like piece of network-wth
our vast steam Power-our broad rvers-our
ocean lakes-our innumerable safe and spacious
harbors, with the means of constructing vast
navy of steamships, like the Princeton, and
this great, subtle, woodworking element of
electricity everywhere ready to do our bidding
the soul OF the vast frame-work-we may indeed,
bid defiance to all enemies, and on the broad fields
OF the Atlantic meet at any moment the navies of
Europe successfully contendng tor the sovereignty
of the seas.
All these indications of the high destiny and
growing power of this republic, which are con-
veyed by every steamship to England and France,
only excite deeper hrob of dread in the hearts of
their monarchcal and aristocratic governments
They feel as the Philistines when Samson carried
away the gates of GAIA Through all its organs
In Parliament, and the press the government OF
Great Britain betrays its alarm at these "signs of
The times" Hence the movements already made
In various waysto counterfeit our progress But it
will avail them nothing Our course is " onward"
and must be ONWARD"
WHO POLITICAL AND POLITICAL MOVEMENTS !
We perceive that the wings of the various wards |
are going into the campaign with great vigor. They
had great meeting IN the 18th Ward the other !
night and were serenaded in great STYLE by the
"Clay Glee Club" and Charles King made great
speech. We have not heard what new songs were
production this occasion; but we perceive tina, in
the 7th Ward they will have another gathering on