Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1844-11-15


known for years.
The money market continues buoyant, and
the rage for new railway investments is as
strong as ever. The recent excellent harvest |
gives token of prosperity for another year at
least, and there is nothing in the political or
social horizon, at home or abroad, to cause
misglvngs or dependency. The probability
is that with a superabundance of money
which cannot find profitable investment, the
rage of Speculation will continue.
The great demand for gian Woollens by
the American trade, for transhipment for Chi
ma, has fixed the attention of the Netherland
manufacturers upon the subject, in order to see
whether, by shipping woolens themselves,
and getting tea in return for them, which they
can sell in England, they may not dc better.
There has been an entire absence ofdemand
says the European Times, for any description
OF United States Securities since our last pub
llcation. No one sale has transpired, but at
the same time we must remark that there has
been little stock offering in the Market.
IRELAND.
The weekly meeting of the Repeal Associa-
ton, was held as usual, on the 18th inst. J.
T. Somers, Esq, NJ. P, who occupied the
chair, spoke rather warmly, declaring s'his
firm conviction that neither tie petty-fogging
pertinacity of a jury packing Attorney General,
supported by the more profound and Infamous
lnlqulty of the Government can for one mo-
went retard the accomplishments repeal"
and In the same breath denouncing the said
Attorney General as s. sordid and degraded
paceman." A very long letter from Mr.. o.
Council, occupying nearly four columns of
the IRISH papers, was read. 1t commenced in
the following terms 81 am extremely anx-
lous to bring the emphatic attention of the as
ISOLATION to that which | deem the most i'm
portant of all the duties which they have to
perform at the present most suspicious period.
We have obtained the most valuable victory
that ever was achieved by purely moral means.
The victory Of Waterloo was the mere triumph
OF physical force combined with military or
ganlza:ion. TWAS brutal and bloody scene,
much of what are called it's glories depended
upon chance and accident. Ours, on the>con"
trary, was the triumph Of the first principles
OF civil liberty, and of the judicial merits of
our glorious cause. That which trlumphed
was the great constitutional principle which
sanctions the right of free discussion to the
inhabitants of these realms. 1t was that prln-
ciple which batted with, and trulnphed over,
the we'll arranged conspiracy to entlngulsh
popular sentiment, and to limit and restrain
WV HiANoNy VI PCdCClul pOPulol CA"l'A""o
After some further observations on the trial,
Mr.. O'ConneIl proceeds to inform the asso-
citation that. s'Upon the subject of repeal, near
nne-tenths Of the Irish people are perfectly a.
greed. They are convinced of its necessity.
They have no doubt of its practicabllity."
He holds this assertion to have been already
sufficiently proved by the forty-one monster
meetings, and, therefore, he deems the repetI-
ton of such meetings, at least for the present,
unnecessary. Having thus" says he, g IN
favor of repeal the overwhelming majority OF
the Catholic population, clergy and lalty, and
having also been Joined by many, very many
Protestants, by alarge body of Presby terians,
and by some other enlightened Protestant dis
senters, it only remains for US to conclllate
and combine the residue of the Protestants OF
every class and description. This, repeat,
is our task-our duty-our pleasing duty"
He assumes that what s. prevents the remain
der of the Protestants of all descriptions from
Looming for the repeal'' is"not any disnclina ton
! to have Ireland legisated for by an Irish Par
lament" but eide jealousies and unfounded
fears" of Catholic ascendancy, civil and &C.
clesiasticaI. On the part of the Catholics, he
solemnly declares that they desire no such as
cendancy, but only perfect equality, such as
can be secured by the repeal of the Union a.
lone. He proceeds to cite ten or a doz-
en- proofs Of this declaration, and then
explains at great length, the distinctions be-
tween federalsts and '' simple repeaers,'~
leaning rather to the belief that the former
asks more for Ireland than the latter. 81 For
my own part" says he, 81 will own that
since | have come to contemplate the speclhc
differences, such as they are, between 'slm-
pie repeal and federalism | do at present
feel preference for the federative plan, as
tending more to the utility of Ireland and to
the maintenance of the connection with Eng
land, than the mode of simple repeal. But
must either deliberately propose or deliberate
ly adopt from some other person plan of
federative union, before bind myself to the
opinion which Inow entertain" He invites
the federalists to come forward and PROFOUND
their plans.
''The federalists,'' says he, " cannot but
perceive that there has been, upon my part,
pause in the agitation, for the repeal since the
period of our liberation from unjust imprlson-
ment; they must perceive that, on the part OF
the repealers, every passion has been hushed,
and all the energy of complaint suppressed
IN the expectation of federal movement
This calm has been made in compliment to
the friends of Ireland, who have not. as yet,
Joined the repeal standard. We anxiously a
wait their patriotic cooperation. But should
they allow the present favorable occasion to
escape, they may hereafter regret not having
obtained that influence in the repeal cause
which every body is now ready to give Them
but which they may hereafter ind it exceed
ing difficult if not impossible, to obtain. =
He declares these two propositions to be per-
fectIy undeniabe: First-That matters cam
not remain as they are in Ireland, but that the
repeal movement must accumulate in power
and force, in spite of every obstacle. Be-
condly -That the British minister cannot con-
duct the affairs of Ireland upon Protestant
or Orange principle" The letter concludes