The daily union. [volume] (Washington [D.C.]) 1845-1857, 1854-08-31


All the the has been upon the par,
Germans and pending circumstances abroad indicate that
the tide from Germany viii swell in volume for the coming
year The Irish population decreased from 5000 900
s5ooo0o from famine and pestilence in the decade ending
with 1885, and liz 900 sou Of population OF coo
still heavy proportion compared with TO Ger
mans Of SO, 900, 900 inhabitants.
The awful effects Of the famine Of lSi5s7, manifest the
depopulaticn Of Ireland, and leading radical change
the condition Of her people have produced reaction There
many where driven thence misery in their
youth have aascd here small properties, who think they
in the changed state OF affairs In ireland better oppor
tu;y improve those small properties than here and
try the effect Of lttle money The freedom Of
land sales and the impulse given to all branches
industry in Ireland doubt afford opening small capt.
.alsts, such never before there presented.
Ia Germany frequently recurring crop failures give
stimulus migration among those who have still little
In ireland II tae that the failure of
crop potatoes the hopeless ctvators had neither
to buy other food to fly. In Germany, the other
hand that extreme desution does not exist. Migration
has continued long that almost every family has
here, and increasing bsrdshps home rapidly
removing the desire inger in native localities The crop
failures last yenr productive Of great hafdhips bnt
this the quantity Of rain that has fan
has destroyed the potatoes grain making migration the
only alternative. The cheapness Of transportation the
promptness Of intercourse and the fanes of information
contained in the millions Of letters nerehanged in the
Of year. continue TO send large populations here food
rather than to send the food there TO he eaten,
The OF much diminished by
making buyers Of goods cautious they taking than
the actual wants the moment require Consequently
imports continue large and forced through the auction
at losses ranging 20 80 cent the position Of
houses precarous This OF affairs is awaited Of
the panic makers who FIJI The air with reports of failures
81 which These reports however,
of the injurious character thus i il whispered that
large silk house is about fail The effect is to make all
capitalists avoid thai class Of paper and to press payments
all where possible Presently weak house in and
fiE
The bear party in the stock market the prctec-
on rivals in business, and others, at such
moment Join the panic The uhsidng business driving
bank circulation weakens the banks and under the
which described several institutions have failed during the
past week I. remarkable at since the Secretary has
stopped redcemng United States ss Of 1865 hsse fallen
from si'he redemption priceto ll6. there being now
demand from banks for Investment In fact, the
terrible losses which have occurred during the past year
in stocks have diminished the for that purpose.
Nevertheless money be abundant aong
class although docs not circulate freely The banks dis
what required Of them up their receipts and
choice rather in demand than otherwise in the
le per call, Is Mad at per
II il pretty freely offered wcknown stock houses,
Who however VIII take money in reoan when the
difficulty Of recovering when wanted il great a. at
present
The stock market continued exceedingly depressed du
ring the week. under the influence Of the uncertainty hanging
Es railroad IL supposed however, that the affair.
Of that company viii be adjusted in which upward
movement in the stock mark IS locked FOR.
The produce marle. web supported The occurrence
Of rain BY putting in motion Of the eastern mills would
promote demand for cotton which for the quite
du AT the rates Of last week The drought has also stopped
many Heuring mills and the receipts very small causing
continual upward in prices Common to good
western, $40 $40 so; southern SO 81 50 81. Wheat Gen
white, 81 80. Rye 81 2s. Western oats, 60 ga cts
Corn S. cts for mixed Pork is bettesale sl4 rs
Sic for mess; sll IS for prime Lard llk ny cts
Rice. So rs 81 81. whiskey, 81 cts
Freights are fat corn 70 liverpool 3D. cotton, y.
Yours. PRENTICE.