The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-08-30


D.sst
oI0oo W.
3! Ss,,easa bsr
~ sh.t ~ ~ i,,o ras
81 III liant nss ta ~, nlars
- W .s 80 raad -
no o'..si prosp;sv. no ~. t tvne by
"a. a., ,hs .onsnmnrion If sngar IN
,r Tue t h ~rspt ~ $40 oS t
,,a ~ ht siu s,nlain an increase during the like
n.se in tbe eonsumption Of brandy of 1875 600 gasss
Pso =. ,h sytsnt ~ ss5 600 gallons OF coa.s al
~ ~ "a ~ tsa COCOA tobacco SC in something
the same proportion to say nothing Of the
puttsr and chssse These are more or less luxuries
and ia usually one of food to
| fnduce an ECONOMY which shuts them out and which
hv causing the masses TO be content almost with bread
sIons soon produces reaction IL 20 not n deac,ent
r the dread Of Il which sends mn tho nrica of
TO- to no,nt Of ,vh,ch tha Irn,sad s,Stes "a o,h.r
onn,ras decline to take n or ma IL hss NOT hsan H.
oou q a.s, ~ M s aS 40 70 a1 ION our s'ocs %
monsx U.s. onv nsr .sntI thar no tha s,;gb,ss, d.
n Co. o,,r1 ~ ~ go. 100 -. a.. "a 49, -;
nand TOT causes rise IN their pros
49,, -; - rhS.t ~, 81 - . ~. ~ az ,
- ~ -, a., 80 =. ., -, III III. " =. ~,
~ ~ $1,000 In ay ,;s, ~ III, n9 .,r
" ~ 80 w. ,L ais'l =. Wy, 10 - ~
o poy ~, iao, anu .nsae 10 haruy pslson y, ~o
eoes n.y. ao IN n. e .uo ioas 1 49, "
p ~ 49,. -, .t "" 49,, .o nv ~ L e s @ ~
IVi .o 'soss ~ se "nu VIC a AooP 'A0
''r ~ 'he ~, ,i =; .. ~ n ,u,,, h Ill , ,;a
q. a 20 i;s. ., aaa,S h,..a. $3.50 s Ptu.da 7,
IT, one OF nio OF aeatn oesween rsnwsys anu tIsoe
s usei rs ~ ts a I Vi o oSne H. s
.ei = 80 ~ 80. ah !" Lii s nt ~, o." s 49,
Of bst ar VET To come Msrchsnts nav S;d nsr cent
sor ,ona I'D thsra or. not nv bra If
th.t 40 love sus,a;n that rstaI Int Nth tha tanta
,nn Of nsr1snsnt sscmr,tu 40 GOOD a. EYchsa"sr
namI.o a. nav csnt IN aaanarat;n ha,, w.. Ma a
bIaha. 49, ana a. ra;Iwsns ranan,ad t.mnnrsr;,,
fror aooding tha martat With dehsntmras vii thar
snatch from Thar the canita tbev ash NV
calls that cannot he Resisted Kssn tie rate ~ moneS
on securities Mt rsssonable nont above nsr
70 nravant r. frnm ssuirg Az
henruras ana IN tirs than NJ calls thew will sti
svads for the dshsntnras which, wsro
| marLstshla mr. = par cent whan thev were for n cum
hrons g mon ara Ih.n r.duced to T,Oo m snt new
class of aterwards TO be brought down to
fdSo ond wsntysIi ~ om,, dspomnation and for anv
neriod that NAV sufce TO attract whatever
| the public NAV vet remain with means however small
Of which they may be drained
Perhnps IL NAV be urged that a considerable number
of tne public have already discovered, that money
for long periods worth per cent that investments IN
railway debsntures at - or nve per cent 10 Dc Paio on
In three or I'VE years wnen conso may % agan ~ 90
are not 30 desirable as they were reP.esentea put '
It only when TINS iseng can De maae gsnera tnss s
eHective suspension car DC hoPeo ior. Meanwme cans
cannot DO ana these we may DC sure WIZ DC re-
norselessy made mo matter tnougn mercantile houses
break down honr oy hour) until the public as sooner
or later they will shall denounce the madness with one
voice
Finally 1t can scarcely be necessary to say aword OF
the morality OF those who In this state of things clamor
FOR an expansive action on the part OF the BANK OF
England as the panacea for all existing evils and who by
this cry r.tard the correction that must only fall the
more terribly In proportion as 1t Is delayed Advance
imports Of provisions and an export
the rate OF interest," ana pring rrench
loan OF f4Ooooc0 at once upon our markets-see the
last par OF god exported from our vaults ana add the
rush OF nome ascredt 70 Inc force OF foreign drain
ana an VIII then DC rignteo MS 10 the language OF
large majority Of worthy rather Of the other
side OF Inc Auantic than Oh Lngano ana tneIe NO
little peril mat as Inc next farhament is consttated
their Efforts VIII ma expression IN more IMAM words
Let what may hsppen howeVer-let palliative AFTER pal
ative be adopted-we once more put upon record the
assertion that there Is no escape but In recognition
thatt railway expenditure must be stopped and that
traders must be prepared to groan and many Of them
TO succumo under suca rae OF nteres. ana or sqch
things take their best and natural and the ev
to be endured will stu prove suoh az few have even YET
ventursd 70 contemplate let Tue palnu process OF cure
be retarded oy Inc OF
ed legislature and the long and period OF DIS
tress before we shall again breathe freely will be such
as 10 wear out heart anu hspe anu 10 slcken al men
with the struggle
From the Londsn Standard, Aug bpm
We are not in the habit Of being very credulous re-
spectng the statements usually put forth from the Anne
rcan cotton growing districts respecting deficiencies IN
that crop Inc letters received however, oy
the latest arrivals from parties possessing Inc means o.
We nioi anu .. .he same LINE no, arecr
III .ae iosuie, ~ % .euor oaicuiseeu 70
eAc.e no con 10 % tna .ne
wiz Do asa ..h 81 VI '.e
eI 10 Iaei ,L @ i;, -. h. .A.osy III Ills ea
a. WI Us ,% or u 40 a. b. ~ dt,i W ~
crop by the caterpillar the ravages OF which was 80 ex
'eI Ia ,Aes ca. 4. !. ,-.,,.., Al. --,.
nosticating further failures in trade but up 10
TINS Pcriou hotuihs uenui.e mas " hspneu. "a s'd
'"moe' " ~ " ~ =" '.e ',cet' ~ eo ~
sequence ne eotmanders refusing 20 alScharge tne
carsoes u,us Ms ISeisns are pdd Hts aso nated Mo'
some 81 he oaek oa Ufedt hHs come W such oad cond-
tiom mar P"rcHesS ca""o' oe Jo""a ~ sue" Tates o
",L copeT eng seS; .,,,,,., -. -,
Inc Consol marke. 1as eAmoitea symptoms OF weak
ness tnis a1 Tue price io account has re.ro
grauea from o,2s W .s' WHICH, Is .le preseh' quosa.on
ne business uVue mas peen misconceptions III amoun',
oue IL rs sse sua. soe oney SUR mas veen uo.sne
70 narket III cue oouse vi 'le nonDg ne quo.a'on
ior nonny mas iosi e14 " oVIs, 'ho hfe &c pei
oents o29 W "a an .ie e1 n anu
Ter per Cen's, osI4 20 ne rAohequel ps haVs no.
Vareu from yeh'eruay Prce, the quotatioh oeB iroi
dis TO pm
Foreign bonus are generay nat anu tne operatons
bonds have heen done Mt eiI Grenada IaT Mexic.n
10 ECUADOR 81, ana Dutch Iwo-and-a-haH per cents
ooN
There Is pretty general decadence In the vaiue OF
Railway shares the circumstances disclosed at the re-
cent meetings not peDg considered OF favorable COM