The daily union. [volume] (Washington [D.C.]) 1845-1857, 1848-03-01

lns money article OF the New York Herald OF Friday
ast quotes treasury notes in the market nj lo2l 10 1903
II notlces the very important improvement which has ia
ken place IN the price OF stocks since the middle OF jan
uary; saying that
sit is the general impression in financial circles that
farther advance will be real zed in all State
as soon as our affairs with Mexico have assumed
settled slate and particularly in the OF the treaty
In the possession OF the being ratified by the
senate We are anxousy looking for more favorable
counts from Europe tina ncia and commeroa nature
As much depends upon continuance of the album
dance money on the other side. and improvement in
prices ior our prime pal staple exports Should such state
Oh thns De realized, we may look Tor Improvement In
Az oaches OF business in this country and an advance In
all kinds Of stocks would be realized The which
nave so long weighed upon markets. and pressed prices
down 70 The lowest point, are in fair way OF being speed
ny femoved and nothing in the perspective calcu-
70 every important interest nom reaching the
most unlimited prosperity.
The recent sales Of State stocks European capitalists
are but beginning of the movement; and the amount al
ready sold Is but de of that which will be taken in the
course OF the next two three The views of foreign
capitalists have become completely revoluonzed in
gard 10 our State stocks and we have doubt they will
be more sought after for investment than government
securities in the world They pay better dividends and
are in fact safer investments than those of any European
will be paid in full at maturity which csnno, be said with
any degree truth ofhe loans oany other nation in crea
when the harvest in Great Britain proved deficient, and
the attention OF Europe generally was directed TO the most
important sources of supply considerable anxiety was ca
perienced relative TO the ability OF the United States TO
meet the demand likely to arise This produced great
deal OF inquiry regarding our agricultural resources ana
more information gathered of position than would
have been obtained under other circumstances In several
years When IL stated that could alone supply the
deficiency in the harvests Of the United Kingdom,
on the other side believed II; but when we nled their
markets with provisions and breadstufs there was no
longer any doubt The facts which then ranspred show
ing the immense crops of the country, and the annual
plus hand asonshed those who had made their
business Tor examine these thngs and when the
immense Quantities OF the real article, all doubts disap
peared and all fears relative sufficient supplies vanished
unknown abroad before the recent short harvess in Eu
rope but they well understood; and 1t is this
OF md turned their attention 10 our finances
IS Well known that the agricultural products OF country
constitute its most important element OF wealth and
country rich IN these must soon be so in everything else
There no other country the face OF the earth the nau
possess an energy sufficient develop them with the great
"Tne manner in which the commercial classes Of this
country sustained while the revulsion in Europe
was sweeping away the oldest and largest houses by the
score mus, have created impression the minds OF
European capitalists highly vorabe this country Loss
e amounting TO millions have been borne without caus-
has doubt been improved in every section of the world
by the comparative prosperity they enjoyed amidst the
and destruction going on IN almost every other country
Whatever prejudice may yet remain in the minds of many
relative to the sovency OF our States and the safety OF
such investments there has not for years. been but oae
opinion relative to the credit and character OF the CONNER
CAL classes OF this country.
"The result OF the Mexican war has no doubt had
wonderful influence abroad upon national character,
and made avoraby and more generally known as
military people. The policy of our government and the
nature of institutions better understood and that is
all which is necessary TO give US position among other ma
second other All these things have transpired
within the past years. and progress within thai
period has been in the face OF the dltcu
ties inc ident 10 "a state OF war.
The Rothschids of Europe, and the host of spectators
the course hings in Mexico, catch the first glmmo
ing Of peace, for the purpose OF taking advantage OF Its
through their agent in Mexico, who of the prime
in inducing the Mexican government to come to
pending negotiations and they have without doubt pro
flied largely by IT, by purchasing our own State and gov