New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-01-18
THE TINES WE LIVE IL.

Almost every day gives birth to some and subtle
calculation from tie brain OF some Wa-st nancier,
showing either that the admitted pressure in the Money
Market is fictitious needless wanton, that it is
The very verge Of passing away Today the Banks
criticized as tmid, short-sighed and selfish to nor
row the holders Of Cotton, OF Grain Meats may be
dealt with for holding them too high and not sending
item forward fast enough to supply present sufi-
cheney of Bills of Exchange and next it will be dis
covered that the Emperor Nicholas Louis Napoleon,
or other poentate is very mysterously draining
away our Specie in order TO strengthen himself for
son impending CONFUSION Ii steamship starts for
Europe without large shipment of Gold, the fact is
made the text for sangune auguries that the pressure
is ended and that henceorth more likely TO be
importing Specie than shipping it, But the next steam
er takes Halfa Million, and tie prophets OF
smooth things will figure up the large sums we are
constantly receiving from California, and prove that
we ought TO send abroad at least two Millions per
InontL-that Exchanges would not be natural and
healthy otherwise. One day we have the Treasury
Returns psraded to show that Exports nearly or
quite balance Imports and the next will see the
writer of the above congraulatng the BUSINESS public
on Railroad Losn, negotiated or about to be eff
feoted in London which viii secure a supply of Elk
change and consequent in the Money Market for
a month though what need there can be for our peO
pies negotiating Loans abroad, how they ope
rate to give to Money Market, unless are
running in debt to EurOPe-in other words Importing
more goods than really pay fori would puzzle even
Wall st fnancier TO Get forth.
But occasionally an incident truspres calculated 10
let IN ray of light on our Commercial and Monetary
xolatioos Tho dastruct;op Of tha upopanad Ia
fargo Hotel is one of this kind. Here was house Of
public entertainment about 10 be opened in orr city 20
afford food and lodging to some three or four hundred
residents and travelers-soue Of them rich doubtless
but the majority merchants planters engineers &c in
active life and in keen pursuit Of fortunes
To afford satisfactory household and table acconnoda-
tions to these in addition TO the Quarter Of Million
spent in building the houEe furniture plate porcelain
movable decorations &c. were ordered and in good
part received which could not have cost less in the az
eresate than another Quarter Of Million making the
entire cost of the establishment when ready for use
at least Half Million Dollars to which at least One
Hundred thousand more would naturally be added for
! Wines snd Liquors And Of this mighty aggregate Of
S3jJ000 for furnishing and plenishing by no means
/ u smmOih botel we confident that not less than
threeourths-probsbly nearer seveneighths-are For
een products, in payment for which Gold must be sent
abroad Indeed, as such Hotel would not be likely
consciously to lay in the Wines of Newark and the
| Brandes composed mainly of New-York Whisky, we
hardly know article of any importance that enters
into the furnishing and providing Of such house which
is not imported Not that we cannot and do not make
in this country beautiful Carpets Curtains, Counter
psres &c. &c Sut we grieve to say that the simple
fact that they made here stamps them as vulgar and
unworthy Of admission into such temple ofelegance
and luxury So our skful artisans and shrewd nven-
tors are dssu.ded from attempting TO rival the most
costly and tasteful fabrics of the Old World by the con-
sideraon that the nest decided success would be IN
svailnq since the mere fact that their goods were
made IN America would prevent their being Looked at
BY the only elias. of Americans able to pay for them
The e1travseance wherewith cur greet Hotels are
furnished and fitted up would be Of small account il it
stood alone bur unhappy il does not Aninstance re-
Gently came under our knowledge Of rich importing
me1chsut--we rejoice 10 say, not an ArneTican-whO
having married a stll richer wife, built house aid
fitted il up for his future resiience-such residence