The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1848-03-04
Correspondence of the Caledo.
MAN.

BosToN, Fer. 26, 1s4s
Few mortals are wise enough TO choose the
happy lot of "standng upon the vantage
ground of truth, "a hill not to be commanded.
and where the air is always calm and serepeA
and to see the errors, and wanderngs, and
mists, and tempests in the vale below" The
crowds that are daily focking to our cities
show how eager men arc to plunge into the
confused battle of life Iron energy, and no.
BILE daring lead to fortune. Country bows.
who have trusted in their own right arm and
determined will, are now our merchant primo
es. Yet too many are drawn in by the never
ending whirl, blind and reckless love of ex
element, than which there is not a greater
curse to mind, or body, surely not worse en-.
envy of the soul. Vermonters are, in rood &
degree, free from these evils. The eectrlcHu
id does not send them news, causing hourly
shocks and commissions. A weekly well d.
gested history of passing events is read with
| care, weighed, and remembered. Close obSr.
walton of political movements, and the actsOf
others, gives rules to determine how the fam.
ers shall themselves act. This is the secn
of that firm and true, manly character of Yer.
mont. 1t is acknowledged and respected the
world over Long may it deserve its fair fame,
But strangely different is the picture of ourct
les Every wind that blows ruffles the water,
and turns the tide. With rumors of Peace,
the 'Bulls" toss their heads triumphantly.-
Whispers of heavy failure are abroad, and the
clears growl about the streets, seeking
whom they may devour. At present, Rumor
reigns supreme in Boston. The mention of
Peace, new loan, Rothchild. the death of
Adams, Taylor, Clay, any of the thousand top
les of national nteres not only starts the ner.
vous Spectator, but keeps the mass in a fever
ofexctement.
True we have reason for close and anxious
observation. But now is the time for study
and calm reflection, not for hurrying in, hot
haste, without end or purpose. Now are We
to determine not the evils only but the causes
Thus, in due time, under the enthusiasm Of
honest conviction, the people will answer the
call to action.
That there are evils, which hang like an in
cubus on our Commercial and Manufacturing
interests, no one can for a moment doubt. BY
ments in England, are made to bear thecurs
The effect of these two evils being now SO u
Universally admitted, it may be well to search
if there other causes. Can it be disputed
that, even with the advantages of Peace, al
unnatural and unparalleled trade with Eng
land had not sprung up, the year ofl847 woua
have been marked by universal gloom Go''
eminent statistics give the proof By compal'
ing our exports, and credits by freight wiz,
imports for the year ending June 1847, " WIN
be seen that this country is as creditor 10 'n'
amount of twenty millions. But the eSu1Ur
binary demands for our products, caused :,
famine, gave an increase ofexports above o ,o
avarage yearly amounts by upwards OF saw
900. Thus it seems, under ordinary circ'"
stances, the twenty millions would have
against, instead of, for us. Without ciam %
to arrive at exact results, the genera
obvious. A famine alone prevented INC
of trade from being in favor of Englan'' ~.
accident saved and, with the large anu
expected credit, we might have borne "
der he evils of unwise laws until lh' 49,.
should come for repeal, But the war mas I'd
ly absorbed our well-earned surplus iuhu'
now ''the times are sadly out OF JOINT .nod
Peace may come ,(most earnestly to DC what hnt
hardly to be beleved,) yet this can g" ,hs
poor relief. Now we must struggle WIN
desperate sales of English MaDufac'ui'l
1mportations are filling our country az I,
far below the mark for fair competition
the face of our empty purse, with ilt'o iii
of payment in produce, our purchases are ST.,
going on constantly and largely. snip, 9Th
ballast to Liverpool, and return ioade' 80.
Rates of exchange are
the specie point, 2 and per cent. Colo ua,.
flow back if it can be found. What 90