New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-10-26
THE HOLY ALLIANCE AND AMERICA.


The Administration organs are exceedingly in
aienant at the recent effective interference of
the Allies in the affairs of st. Domingo, and are
row preparing their resders for new edition OF
tho Monroe doctrine Of non interference, 10 bepub-
tshed by that very small successor ofts author who
low unhsppily occupies the presid entail chair.
This is, as they tell us, but small specimen OF
what we may expect when Russia shall have been
beaten down and when the Allies shall have been
relieved from all apprehension in that quarter
and therefore they profess to pray for Russian sue
eess anG yet so far as we can see, they them
selves are the people most active in supplying both
France and England with the means of carrying ON
The war Protesting hostility to those powers
they are secretly their best friends AID processing
friendship to Russia, they are secretly her most
Efficient enemies.
What is II that now gives to the Allies the
power 10 carry on the war IL not that power
due to the vast supplies of gold that we are send
ING them 70 the almost entire destruction of credit
among our own people, In the last four months
the drain On the Banks of France aud England has
been so great that, Notwithstanding the million
Def week that we have sent them. their stock of
bullion bas diminished fifty millions of dollars
Suppose we had not tent that million per week,
lut had retained it at home, giving activity to our
trade end life to our industry, is ii not clear
hat the diminution would have been near seventy
instead of fifty millions And if such diminution
lad taken place, would it not have produced such
,fect in both countries as greatly to have crippled
aem in their means of carrying on the war But
Or our supplies one Of two things must have
hppened-either the expenditures OF the allied
uerrmeuts must have greatly diminished, or
heir banks wOsld have been compelled to stop
ayment for even rs il is, there is at this moment
lie strongest reason for believing that irredeema-
We paper money will soon become the only me-
trm Of circulation 10 both those countries.
Why does all this gold got Why, when our rail-
Nd companies are anxious to obtain money at
en- or twelve per cent and our merchants are
IA, ing ss much on the best paper, why does 1t 60
% Europe, where money is only at four or five per
tent Because the Naturalization insists that
We shall 90 to England for iron when we could
peedily have it far more chesply under steady
p,tem that would enable us TO develop the vast
t,alth Of the valley of the Adirondack; OF the
mat iron and coal mines of Pennsyl vanla, MARY
ald and Virginia of the iron mountain OF MIS-
,Sri and Of the wonderfully rich iron ore lands OF
lake Superior-weslth whose development would
nd in ten Years more 70 the strength o the conn
ty and tie prosperity of its people than the
nae with England and France will do in cen
INV Because the Administration insists that the
. Esy to have cheap cloth is to close the cotton
nils of the South and send the cotton to Man
hester accompanied by the food of the people that
Il, 10 spin and weave it, and then binl thack sgaln,
Receiving one pound Of cloth in return for four
or FIVE hounds of cotton, all the remainder being
eaten up nv charges for transportation. Because
the Administration insists that the way to have
ehesp lcsd is TO close the mines of Illinois and Mis-
soar and send abroad to get that OF England and
Of Spain, paying six dollars for that which was
supplied by our own mines st three. Because the
Administration insists that the way TO produce
prosperity among our people is to close tue NILS
mines and furnaces of the country, aud TO drive
The people who had wrought in them to the West
there to employ themselves In making farms that
vii ii future time produce food, but which al
tbs present absorb labor that should be employed