The New York herald., 1851-12-20

OF Europe, and indirectly upon the country gone
rally. We have more-much more-to lose than
gain by revusion growing out Of revolution At pre-
sent We are In the midst Of unparalleled prosperity and
rroductveusss and whatsver to interrupt this
stste Of things must pro fatal to most Important
interests 1t is true, We are now shipping gold at
average Of million Of dollars per week. and doubtless
would continue to, without any unfavorable eonse-
quences 1t the natural course Of trade and would
regulate Itself unless operated upon by other influences
It these influences that fear and spprshsnsions
are unfortunately we'll grounded We are the catspaw
Of European hnsncisrs and capitalists whenever they
have any difficulties to encounter They look to for
aid and comfort in their extremity and have never found
US wanting In times Of scarcity and famine they de-
pend upon gransre for suppes the industry OF the
manufacturing classes Of Europe regulated BY cur
markets. We have become q nation Of the first impor
tance in the minds Of European capitalists 1t s there
FORE probable that the first effect Of revolution would
fall with overwhelming severity upon We look for
markets abroad for hundreds Of millions Of products
principally OF the soil and any cessation Of that demand
would restrict materially while 1t would
not prevent immense shipments Of European msnufac.
lures to this country European account We should be
called upon make larger payments for goods consumed
without having anything but gold to meet them. It
therefore to be prepared for the emergency
The middle and lower classes Of Europe have for
time past secretly boarding up the precious metals
in anticipation Of trouble. Millions upon millions have,
in this way, been withdrawn from the channels Of COM
and the first sound Of civil would cause tens
Of millions more to disappear. All this 10 ct hand,
and have only disconnect ourselves rapidly and
effectively possible, from those foreign interests
likely to be most injured to prevent within own limit,
one of the most disastrous revusions experienced
We must not under he present excitement lose sigh;
Of the future.
The depreciation already realized In prices for certain
kinds Of property is calculated to make spectators
more cautious in their Cotton has declined
fifty per cent real estate nearly much, and have
net yet touched bottom. Recent sales of houses AMI
lots In the most fashionable sections Of the city show
that people have not yet taken leave Of all their senses
and not disposed to pay for property than 1t
intrinsicaly worth. We have not yet reached panic
prces but the actual value Of houses and lands for
actual use will be the regulator in all transactions
Capitalists and business this side Of the Attain
tic, do realize the dangers Of their position; but
there Is evidently ing Of doubt and dstrus taking
possession Of their minds which WILL before the lapse Of
many days be visible in the movements Of commerce
1t time to rush hesdlong into operations of any
kind; hut the contrary time for contraction, and
those who withdraw themselves from speculation, or
from the fancy investments Of the day. will be able to
lcok calmly upon the progress Of political events
which, later must undermine every political
financial commercial and, might say socal insttu-
tion in Europe.
The annexed statement exhibits the value of foreign
dry goods entered this port for consumption for
wsrehousing and Withdrawn warehouse during the
week ending the 18th inst
MOVEMENTS OF FOREIGN Day GOODS.