Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1850-12-13
The Course of Commerce.

The London Times. in commenting on the news
from California, throws out the following suggestions
for the benefit of its money market readers
The momentous fact, which nothing can now do
away with, is that 100000 100000 AngloSaxons
are settling themselves the shores of the Pacific
A new world is before them. They look across to
China, Japan, and all the riches of the Indian seas,
and the use they will make of their opportunities
may be best inferred from what they have already
accomplished, and from the known aspirations which
the people of the United States have long directed
towards that region Already the presence OF
large number of Chinese is distinctive feature of
the population of San Francisco, and already the
Sandwich Islands, Australia, and Southern and Cen
trail America have been called into new life from
the traffic that has been established The prophecy
of Humboldt that the activity of commerce would be
carried progressively from east to west is rapidly in
process of fulfllment. At present, however, there
are few signs that this fact is appreciated in
Europe and the thing to be apprehended is, that
when, in the course of few years. the successes
arising from it shall have led to excitement,
people, who regardless of it nOw will then rush
furOusly to ovcrdo what should have been done mod
vgratey and deliberately from the first 1t is to pre-
went foolish extremes of this sort that every endeav
should be made to familiarize the public with the
contemplation of the change that is coming on, and
to induce the spirit of enterprise to adjust itself to
the new order of things while it nationally and
probably do so, instead of waiting to regain, by
sudden and destructive rush. the opportunities that
will have been lost through inattention.'
THF LATEST PRoTEcTIoNIsT DODGE.-We under
stand that there has been difficulty in the Gus
tom-house about the reception of some cattle from
the Continent, consequence of the possibility OF
some of them having arrived from Italy, and their
admission would be cOntravention OF the act OF
Queen Elizabeth against brining in bulls from Rome
1t is intimated that shrewd Protcctonist has sug-
gested this difficulty to the custom-housc author
ties as sort of last kick against free-trade prin
ciples.
MoRMoNIsM.-Mr Mackay, the Mormon agent
sent out from the Salt Lake settlement to England
some time ago, for the purpose of encouraging emf
grafton to that region. has met with extraordinary
success He states that the Mormons have an emil
grafton fund of three and half tons of California
gold. During the last ten years the emigration OF
Mormons to the United States is estimated by MIR
Mackay at 14,O00 and he thinks at the close OF the
present year it will amount to $1,000. large por
ton of these arc farmers and mechanics OF gOoo
standing in their country. they are prlncl
pal1y from the country. They are principally IRON
the counties of Lancashire and Yorkshire, III Eng
gland large number, however, from Wales
and the southern part of Scotland. MIR. Macka.
further states the growth of Mahomedanism, rapit
as it was is not to be compared with the size ant
growth of Mormonism This, we are inclined to be
feve, is slight mistake.
=. LATEST LAW AGAINST THE PREss.--The children o
all editors and writer's for the French press mus
henceforth be signed with the names of the author
Of their existence.--Ettrat du 3ton'teuf, 50 - =