Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1847-10-29
THE ENQUIRER.
RICHMOND, VA
Thursday Morning, october 70, ls47.
AN ELOQUENT yINDICATIoN,

We quote the following remarks from The
Philadelphia North American, A leading Federal
paper, not only because il removes The alarm
which some have felt in regard 10 The effect of lhe
British failures upon our w commercial al
fairs, bul because i,iully admits that The Federal
press, with all is mighty effects, has abandoned
The empty game Of running" this great country.
commended, was iodcsolale the whole country, strip
labor Of its reward, PROSTATE agriculture, elliptic
wings Of commerce, ex;insuish The fires OF The
iorses, stop The revolutions OF The spinning jen-
nies-in a word, engulf forever lie various inter-
esls OF our contederacy. Above all, il was 10
make America The degraded slave and vassal Of
England, humbly obcying her dictations, and ex-
hausiing her own resources, 10 ill British Golfers.
Have mol all these predictions been utterly falsi.
fedl See The striking language of The North
American, which, while making feeble blow al
Democratic policy, virtually c~ouicsses tina, itself
and lis parry have been gully Of The mos, arranl
humbug and imposlure ever attempted upon an
intelligent people. 1.-THE Italics are our own
"Hs The n%alionl are ri.Acr than ne etef icere be-
fare. We may. doubtless, expect such inconyeni-
ence as always happens 10 those who deal with cas-.
toners under difficulty. Blu. The ruin of English
merchants is not onr ruin; and 4 universal crash
in England, involving even a suspension oispscie
payments, would not necessarily involve u.s.
Her calamity has been our gain. Perhaps Eng
land has passed the eliminating point OF her
greatness, and America herself is abaul 10 as
sumo prescriplive position once enjoyed by that
power as The commercial aTbileI and mistress OF
the world.
Will a wise government 10 take advantage Of
the circumstances uf The last year, this would
have happened. But al all events, under The pre-
sent stale, all things considered, America is the
richer county, al this moment; and il is a proof
of inherent stability, q unconqnerab.e energy
and 4 happy iestiny, that all The lmpcdimenls i'm
posed by The worst ruiers-lhe tariff Of 1916, the
sub-treasniY, and The Mexican Ri have mol
been yet able seriously 10 wound the public pros
perirv. Our dangers, il they should come, are
chiefly 10 be apprehended from The war and over
i'm; o%riaiions; but neither OF these can bring up
on US sudden disaster, and their evils will be Tel,
while there may be get Tine 10 apply The remedy.
allow few American merchants have been al
fccted by The fall oil their numerous British con-
iemporaries! There has not been a single fail.
IRE in Philadelphia Tor here capital and business
reiaia tier usual slid character; and weoui
obounds 10 The pich NJ a'moa larHrg and supcxam-
ny. And this Is The general stale Of h.ass all orer
Ns country. Our deslinies 10 not, in reality, tie.
pend any longer upon England they are in our
own hands.
"Upon The whole. after a survey Of all The field
OF vision, there does mol uppear 10 be any reason
10 believe that The financial crisis in England can
lead 10 any direct or immediate complications in
the United States, unless from limid men yielding
10 needless apprehensions, which may do mis-.
chief BY impairing confidence"