The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-05-21

Even the weather q enough "a msks ,.o,,. ,,..-.s,
increased taxation, auioished rads and the ,r,,
.ct OF long were insufficient Of the
We now IN the first week OF May With the raersae
meta az temperature more Ike that Of yaru.rT or
February than the month OF flowers We have not YET
had glimpse Of spring after winter Of se-
verify Nature has not jet put on her usotie 9" grssn
and the gardens and fields seem 10 their gloon aud rspt
OF verdure to typiy the ills which Cypress soety TIL.
absence OF rain s verssly felt for considering the
sesson the Drought has been Of almost uaexsmped
ration
WITH short crops la England, and the principal Euro.
pean Of supply cut off shut up toe units4
States must be looked to for any deaosn,y t may
t We want therefore, fun crops for every susbei Of
grain fpsrs will be ed tie other side OF
the Atlantic. With good crop OF grain
turn the current OF gold to shores and put stop to
this drain stock Of bullion for the 70
pay up English loans and carry the II wilt not
be optional with the people OF apgand TO take bread
stuffs or not. They win have choice about it, a7d
payments must be made ia tue goH tasy have beea
draining from steadily for many years. The
wisest course for business on this side Of the
Atlantic to pursue to govern their BY the
prospects OF the relative to the Larvess Full
harvests must at give great mpeta she con-
sumption Of all kinds Of merchandise. 1t vail give M
impulse to every trarch of Industry All put
in motion all the machinery Of commercs. Fur aoout
two years contraction has been going on untYcrsaly
All out of deot and out of aost ss
Ibe country therefore, ut large absorb iBunss
amount Of merchandise, and 1t VII do Don "a the
means for payment safely in bAna Under ordinary
circumstances full crop is mot a matter Of 30 much
consequence but at present everything hinges upoa IT,
and the it progresses will be watched vita
great deal of anxiety II would BIS well enough Tor the
brokers In Wall strset to keep eye the weather.
and be governed In their by sunshine or raia
The longs and shorts of the Stock x,asnye viii be
vitality affected by the result The IoDga have tn
best look at present, and altogether stand much
the best chance but Jun. and July may help along the
shorts amaErsiy, and give them the prize At tbs end
We have within our own limits the great OF
finances of the world We need not look tho Loudoa
Stock Exchange or tbs Paris Bourso or ia seoastopo
for Influences to regulate financial baromster We
hold the regulator In our hands, rather sbsl If
our grain harvests provo abundant, aud will Be in posi-
ton to dictate instead OF being 6ictsNd to- We have
played second FIDDLE to the debt ridden ax.riddsn
nations Of Europe long enough AMI SHOULD Avsu
selves Of the opportunities the present war will present
to relieve ourselves from the position have SO oug
occupied With the material sufficient to feed add
closhe all Europeat peace with the Rord-out OF debt
publicly and prvateiy-with Light taxes-wth people
actively engaged in the most productive industrial Sur
suitswih fewer dropes in the live than perhaps any
other nation on the face of the earth-wita, in fact
natural resources AMI Of wealth
why We should not control the fnsnos at least OF
foreign capitalists
The annexed statement exhibits movemsn. of specie
larger than ever before crown in the Same time.