Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1845-11-07

luz L0'e f0Tetgn NetcS brings still more of
encouragement to the agricultural interests of
this country, than any of therecenely received
previous intelligence, not 50 very favorable.
however, as regards cotton, but much more so
| Inrespect to corn and grain. The state of the
English market, together with the speeula-
tons of the British press, touching the subject
generally OF theWeather and the crops, goes
to confirm theoplnfon which We uttered more
than once of fate.I 6at bread stnffs, and probass
ply human food In general, will command a
nigh price In Eng land for at least about wear
to come. There may be fluctuations from va
rlous causes, and the spring appearance of the
crops may bring hope of an-abundant harvest
next year; but even this will hardly affect
our conclusion very Seriously. :.
Inc TRANSATLANTIC railroad fever, especially
IN England, seems to have risen to the decree
OF perfect mania. The projects seem innu-
merao'e; indeed one can hardly imagine the
necessity Tor vast number of railroads in
contemplation, additional tothose already in
existence and opeEation; and it is altooethef
likely that not few of the countless specula-
tons in this line will prove unsound. and not
only proftless but rninous If so. the losses
Will be exceedingly great, and the consequent
mlscnlet and misery grievous and extensive
The same spirit is operating to great ex-
tent and with increasing activity in this coun-
try, to the absorption of much CAPITAL that
would otherwise seek employment in mercan-
tile business, and might perhaps have the ef-
fect OF a stimulus to over trading. We look,
however, with hope for the guidance of mod
crate counsels in the ranks of railroad specdla-
ssuon; and trust that the mercantile. and the
other great interests of the country generally,
Will prove in the future to have proftted by
the hard lessons of the past
no of
duced serious discord and division in the ranks
of the Irish repealers; insomuch that even
/ O'Connell's powerful influence seems made
qnate to the task of tranquilizipg the disturb
ed element. And if he cannot effect this,
there IS little hope that he ever will be able
TO pun down the wall of separation erected in
the desecrated name of relig ion, fol- the diyis-
ion and continued subsection of the Irish peo-
pie TO the sway of foreign usurpation. and
unite them cordially and efficiently ia the fra
ternal bonds of patriotic political union.-
Unless this desirable consummation be brought
about, there seems but little hope of success
tor the repeal cause; and certainly the repeal
ers can hardly, more especially In view of the
recent orange demonstrations in that country,
look with confidence for the sincere political
determination Of the entire Catholic and Pro-
testant portions of the people, unless they re-
tain their own compactness. and preserve
themselves. Clouds seem to hang over the
cause Of repeal on both sides of the Atlantic;
indeed It has but little of life left in it on this
side. The stomach of American patriotism,
native and naturalized alike, could not digest
the colations of abuse, which the repealers
here had unwittingly purchased with their Pc
cuniary contributions for some of the institu-
tons of their country, and which was so very
freely and repeatedly served up by the great
repeal chieftan of Ireland, his son, and some
of his distinguished lieutenants. The wrongs
of Ireland will berighted some day or other,
but at present that day is invisible to the eye
OF the most far-reaching prescience.