The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-06-09

Eject Of the Emigranf LaW in Europe-Scarcity Of
Bread-Monetary Crisis-Rdiiways as Employers of
Labor--Cam Of the Commercial Conruision-S STATE
Of the Manufacturing Distriets-Corn Market.
The emgrant law of the State of New York has
spread CONSERVATION and dismay may truly with
out exaggeraton be said, Europe. Cities towns
villages whole districts preparing and emf
CRATE the United States bringing with them all their
property, the frugal hoard of many years accumulated
for this purpose but more important and valua
BILE than all the gold and silver sewed up their clothes
and fastened round their bodies In belts the labor
and industry they brngngto raise grain and
and cattle where naugh but the giant trees Of the
forest spread their ess branches useless nox-
heritage covered the ground True 1t is that among
these Of living wealth and with these sturdy
strumens Of rich production there would be here and
there sprinkling Of some who we've poor-some who
inrm and helpless and to exclude these the
law In question has been passed but it IL like IL
farmer should refuse TO gather into his barns rich field
Of corn wheat, because iorsooth, there great
OF chat aud tale and useless rubbish mixed up with
It, The captains and sbpowners refuse carry pas
sengers any rate and the Of Rotterdam Havre
Liverpool and London crowded with emgrsnts dis
appointed in the object of their arrival there the cap
tans lowing to the change created by the law OF
your Legisature refusing to fulfil the contracts before
made with the agents Of the emgrans who had before
they left their homes engaged ships ut the several ports
They the substantial Germans who are mostly af-
ected by this law of New York the Irish poor
chiefly emgrate to Quebec.
The all absorbing and most interesting topics public
attention at the present moment entirely domestic
namely the scarcity Of breadstus Tor the supply of the
peoples food and the monetary crisis The latter Is in
fact the most serious, nasmuch as 1t affects the pockets
and resources Of every head OF family throughout the
nation but 1t more especially affects the poor aud
more fatal TO them by causing them TO be deprived In
whole districts OF all rendering imposs
BILE for them to buy necessary food If food pen-
aggravated and the contraction OF the circulation more
intense 1t is national calamity. Many owing to its
action, who we're In easy circumstances thrown into
poverty aud lose their means while those who were
before thrown by into extreme suffering actual
starvation but the number OF the latter sufferers
that OF the former thousand TO one, at the very
least.
Now there is an immense source Of employment in
action In England in this day. which cannot but be
considered provdently provided to give bread to the
million. This scource IL the work on railroads The
money thus distributed in employment over england
amounts this year only to fifty millions sterling his
vast element Of national prosperity has been IN regular
action for some years past scattering money eny over
the country in the profitable employment OF immense
numbers The money thus distributed among the work
ing classes and quickly expended by them drawn
others the body Of sharehoders does
20 out country even comes back to the trades
people and others who contribute IT, In the lively trade
which IL causes enables many to have money spend
and TO buy may be esteemed ms no more affecting
the various than other great
in halls parties and luxries by which they scatter
abroad their superhuous money And yet, strange to
say indeedthe blindness evidences, ishardly credible
The ministry other political economists Of MIR Pees
stamp actually have the assurance and faulty to
publicly and attempt to reason and that
this very Of prosperty-ths very means OF EN-
blowing and feeding Che mon-s the chief operating
cause Of the present distress and terri BILE contraction II
the currency he cause Of such gross perverson Of
reason and common sense Is founded selfinterest
that universal cause which blinds the eyes Of men and
them often incapable Of discerning right
aud wrong Many who have speculated largely In railways
influential men, bothn Parliament and out, and of
they find rather pnchDg work to pay the in
sslments upon their shares they called for and
sesbly supposng that their little pecunary difficulties
alone all the difficulties Of the times they begin to
cry out for personal relief for suspendng the grants
acts OF Parliament for some two three years TO
come and to urge upon ali they can that the railway
expenditure the Of this crisis Thus for their
convenience and relief they would stop the flowing
of the fountain which almost alone at this time BY
running whe many other fountains are stopped upJ