Weekly hawk-eye and telegraph. [volume] (Burlington, Iowa) 1855-1857, 1855-10-17


hc isapf6ssisE Thai II i u sssl s z.,s 40
sxptrt spsefa II u GU sSsnsiissslsn
III our fctsisA tfasts III gfaHaasls gaining
grpard. Y yrhs Sdsainuans s6s Il waf q 81
scale more extensive tilan has yst been reai-s
|, ixed w.il taske it aecs ssary for the goyesH-
ffcn,s Of eirrai Btitain ard France % ohtain
golJ ns af,g cnst sfss! fs,ssfr haanc; u agents
will naturally look ta ~ fecei pts from eaa
lorna 10 tases that demand. IL las Aeefi
our belief for soma tifne that the essiward.
movement Of gold hns res been entirely reg
ulated hy The Laws of trade. TEs Bank 81
England is being steadilv sad rapsds = dra,fi-
gse,i Of god, and has been compelled TO fstse
/ the rats of intersst 30 preserve the present :
supply. The Bark Of France has. also had
lis species hailasee largely red.eei, and bot
| for the impsrfatiens from this side OF the
dtlantie both of these institution wcuid have
exhibited d rery small amount Of gold IN
/ their aalss. The Crirnea is the macistrom
| that is swallowing up the preeions metals. OF
1.-the three great mwerctal nat ons Los g ne
/ world 50 long az ssich an Immense army
| has to be susta ned in that region. 80 Ting
hnlast gold be drawn from Tia IA tnraE acssan-
nels OF commerce, and serve tosdcrange 10 a
! greater or less extent this fnaneini and com n
rnerciaf operation s Of three maritime powers
IritIip our owa :it,ii,s all the clements OF
| nraspsri y are II, d sound and healthy cendi
tion..iaWe have q ID d hundreds and tniiiishs
Ito our national WEALTH By The crops VINE 3
have inst been secured. and va are a,is g
SUPPLY ans foreign demand with he IA " lna
/ terrisl fsrbfoad sor raimeEt.s So far asitiiis
teoes, all is will, and we may+fer thcttim
| benefit considerably BY the abnndance o.
food here. and the scarcity in Europe; bu
it is a question whether ultimately the posi-
lion md necessities II sonr best customer
viii not react upon Us and bring about de,
| rangement aud distress within cur own linn
iits.lsEf saaisfs sssa . ~ =. 81
E ish all our resources; WITH si the richnss:
Of our harvcsts: with the. enormous 4surniu.
we possess ief aHdbe necessaries of life
with California at our back, yielding ITS
three md four millions Of gold PET MONTH
remains to be seen whether we shall escape
the general depression and prostration which
i sooner oriater must grow out of the present
European war. We are certainly in a ros;.
/ ton to feel it less than either Of the CONNER
cial nations engaged, bot We may be sensibly
effected by the absorption of our specie
and the withdrawae of the basis upor
which rests the prosperity Of all our great
interests. We do not apprehend any imme-
date diliculty1in our local finances, for the
reason that our affairs are in such a conirac-
i ted and INSTRUMENTATION. The universal'i-
4 quidaton, of S54, aud the early part of 1855
| has been our salvation. Coming asst did al
the commencement of the European war. il
/ placed us in position Of security as thai
war progressed. We ore now comparatively
safe, and may escape with little loss q bu
had the present position Of things in Europe
] found US expanded and in the midst Of enor
| NOUS speculations the effect would have beer
most disastrous. The only way to prevent
or mitigate the evils which are about 20 visit
our European customers, is to confine oul
commercial oper stions rs much as possible
to the legitimate wants for consumption. and
leave all transactions partaking of specu
! lative character to some future and'more
/ propitious PERIOD. T. s'; ~ ~ -.
.; That is not the to launch out into extrava-
4 CANT expenditures in any enterprise. The
future Is too uncertain and too much burden
ed with great events to give much encour-
agementa 10 speculation. 1t is the time for
| every one to keep himself snug and easy
/ and strive to do safe and moderately prof
table business, instead Of a large and dan
/ gerouss one, evensif attended with the pros
poet of great returns. Our security and the
1 permanency of our present prosperity depend
/ entirely upon steering clear Of all irregular
| and unusual entanglements, and keeping
! ourselves prepared to meet any contingency
| 1t must be borne in mind that hundreds and
| millions of our securities are held in Europe,
| and we know not how soon the necessities Of
foreign holders may deluge our market with
them. A large amount of American stocks
| has already been returned, and more must
| soon follow.-[N. Y. Herald. I'D "