Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1853-10-21
Monetary Affairs, sc.
PORTSMOUTH, (EngIand,) Sept. 80, 1853.
To the Editor of the Union:

PORTSMOUTH, Englanu) Dept. 81; 1898.
To the Editor of the Union:
Monetary affairs, which in England are the bar
ometrica means of Judging of political, becoming
very unsettled chiefly owing to the eastern question
The Times has been writing up the doctrine of letting
Turkey fight out the battle herself sing demanded ;
but all the arguments she has been foundering about
in have gone to prove the very thing she wanted not
10 prove-somethng like the Austrian protest in the
KosZta affair; and the conviction appears to be gen.
era that if war does grow out of this question, Eng
land is bound in honor to support Turkey by force of
arms. | think in months time we shall hear of &C
tual collision and the clash of weapons Austria will
be gained over to Russia by the personal influence of
the Emperor Nicholas over Joseph This is all
lovers of liberty should wish, for if Austria with
the other three powers, the revolutionary party OF
Europe would have scope for action. There is
but opinion in England in regard TO the course of
the United States in the affair of Captain Ingraham
which is decidedly approbaory. The hatred of Aus
tra IN this country is equally great in America
ii mean among the people, and the people every
day gaining more power here. The House of Lords
dare not act against the known wishes of the people
There is doubt aristocracy is in greater antago
nIsm TO democracy than even autocracy, and thus
the nobility OF England hate than does the
Emperor of Russia; they instanced this in the recep
ton of Mrs Beecher Stowe, who rejected by the
Queen in London and by Napoleon in Paris. but feed
by the arstocrats in this country. Depend upon it,
in the event of the question being mooted whether
England will stand side by side with us, or go the
other tack, the people would put down any ar
stocratic influence which might endeavor to set us at
loggerheads
with Russia and Austria by England, France,
Prussia and Turkey, whether mingle in it or not,
would rebound immensely 10 advantage. The
products of Russia, such hemp and iron, would find
no export and we should then raise the one and be
able to manufacture the other advantageousv.
new article OF large demand and consumption added
TO the list OF our great staples of agriculture is mat
ter OF incaculabe advantage, and the fostering of
iron works. without the aid of high tariffs, would be
another great boon then, again, the export of our
grain, and the consequent employment of ship
ping and none of these advantages would be lost if
we were to take a hand in the business. Such war
would not interfere with English commerce any more
than war in Afghanstan with the Caffres. The
English landowners would benefit by it for the rents,
and the price of land and its produce, would be much
enhanced and they comprise the astocracy and the
democracy of the country, the merchants, manufac-
turers, and the lahoring class, they will
know that their interests will not suffer, will, from
their sympahes, urge this government TO take stand
anything but pacific.
The late panic On the Stock Exchange will have
done this good-it will cause inquiry to be made as
10 whether there is any real cause for alarm in the
event of war, and the answer will he as have stated
This answer is already worming its way out through
the press, and through an improvement in the funds
and it will be fully promu gated in the nick of time
for action or the minds of commercial men, who in
reality form public opinion in this country where
maintain that public opinion rules both peasant and
peer.
Kossuth and Mazin have both displayed a great
want of tact, and of knowledge of country. by
not ignoring altogether the existence of such party
as the abolition party; still! more so by permitting any
expressions actions which might at all SAVIOR Of OF
be construed into leaning towards their enets. The
former has endeavored to steer clear of such commit
ments but the willy politicians of that class have
thrown their meshes adroitly, and set their traps
so cunningly, that they have sometimes, against his
better judgment, caught him mapping. The latter by
the letter written to the Garrison clique, appears to
have jumped into the snare, head and shoulders. We
must, however make allowances for them. Our own
ctizens-some of them clear. headed politicians toe
have fallen into the error, with al! their know.
edge of the facts At all events, should not per-
nit such to initiate against the cause they rep
resent They, it should always be remembered by
the people of the United States, both of hem the
great representatives of the ideas of 1S48 in them
these ideas have become personifed. and like the
monks in the dark ages, they kept alive the Prone
thean fire, which without them would have been
smothered by the iron rule of barbarism more dire
full than that of the Goths and Vandas, for it boasts
of civilization, and thus deceives while it binds man.
kind.
| DISTRIBUTION OF FUNDs.-The Howard Associa
tion of New Orleans distributed its surplus funds a.
follows: To the Orphans Home, containing twenty
four girls and thirty lone boys-55, $4,000 extra ap
preparation to same, 81 900; TO the Camp street FFe
male Orphan Asylum. "a girls, 3,4OO; 10 the ST. Ma
ASylnm third district (CathOlic ornhan hnvc\-