New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-10-06

cOveTy the Bank bullion, ana az ADVANCE loOh P'"
in the funds Lot only in consequence OF me amour
which began 70 flow in but OF The ancipafIons OF the
still greater t.taIs that hight be expected early 10
July adveTte turn cou meEced Wllch mas continue
with scarcely IN inermissOI n the present tune, an
which seems likely 10 gain force. The specie dft u
the East presenis sef the sn cause OF the Gsap-
pointment, and large number Ut people VINO kl0 Y
flat he movement IL in some way cOnhec'el WIZ e
rebellion in China, and that there no pfospe oi ate'
minaOn of the struggle, to be seLed WIN dppe-
henson the discovery and 10 aecept oneiron aoher
Or something 10 excite permanent misgiving ana 10 as
turb all future calculations They notice the dHly
accounts Of the Absorption OF silver on The Co9tiHea',
Of the gold sent from this side to pay for it, and OF the
attempts of the various Governments by ordering the
State Banks to pat up their rates of discount or a. IN
France, by the mpo'ent conirlyance OF buying goa
nj a premium on one hand which the bank IL lnule-
daiey obliged part with at t- natural value on the
other to check the growing nconven cn,e Neverue-
less every overland mail brings news OF an In
creased demsnd. The cry is consequently raised tna
no matter what may be the extent OF gold production
the East will absorb it ell, or at least take sill
yer from Europe TO an equal or greater extent.
A moments reflection the first principles OF CON-
merce ard finance will disspate the anxiety There Is
no mysterious power on the port OF the chinese 10 dram
suece from us at will. They will get no more fiom US
than they are prepared TO purchase by full eluIva-
lent and unless it be shown that we are con-
suning their goods in waste, and to degree 1lch
our earnings as people are not sufficient TO warrant,
We NAV rely that however ertinacously they may
insist on having silver and that however carefully they
nav hoard it, they cannot occasion 70 us the slightest
permanent disGlraDgement.
The bearings of the whole question may be concisely
demonstrated The financial position of a country
must depend solely on the amount OF it, productions,
es compared with it, expenditure. Taking this test,
there never was period when Eng md was SO secure
as at the present moment Asregards our productions,
agricultural and mechanical, we haze just completed
harvest which taking every d. .crption OF crop into
account, may, on the whole, be pronounced unexam-
pied while il is estimated that the value of our manu-
factues exported this year will exceed by ten millions
sterling the highest total yet attained. In the lace OF
this the only question is, have our people INDUCED
in exiravseant consumption OF fofsn articles 70
the prosperity thus indicated or have they been
loans otherwise The observation OF all persons coupled
with monthly sts.cs of the Board OF Trade will snow
IL equally satisfactory the latter, since although large mum
Der OF schemes for foreign railroads ana other work have been
brought forw ard few of them have passed yet
In ,Tch state Of affairs an unavorabe financial prospect
would be anomalous incredible We might therefore.
70 trace 10 their conclusion the peculiar
at P5s'sT ssrs rest " perfect confidence
But there difficulty in working out the problem Last
wear shipments Of bullion TO India and China were
Sisl75 Of which only 1851 SIS went to China This year
they have already amounted to ss no OF which eng. i
Ire demand India has been consequent on the better
the 't e p Which Ia. scarcely
Company London abstaning from drawing the usual
ob 81 Ds ~ hele esa The demand for China
which has only lately and suddenly become serious chiefly
and the prices which all the Chinese qua.
now eagerly purchased The other influences are q" R
Importance but among them ~ be Teekonea nispos
ton Of the people while rebellion is raging to purchase
goods wheft SQn'i'in nsll,h msnpf.c5e' or Of opium
from Indie The expectation Of English good, however 70
China during the last three has averaged only about
500 900 therefore falling of in thi; item could BE- Of
Of opium would probably not exceed
HI. fact at once throw. light the assertion tina, Ens,1d
sFe p.ee pGn! anxiety i whether is4 the
of Lyons obtain Their staple zen Chm, sa, En-
Gland does silk and therefore has sw3s 70 pay Tor
sh will take either quantity quality than her resu'
lar Indeed according TO the law: that G9n9hy esu
than equivalent degree check consumption The excess that
arrives viii consequently be shipped to iosisn SoanIe. and
in efec; the exchanges w operate Is H. 'hfta' VI A
But although every dollar parting with will thus
ultimately be repaid with the addition Of some considerable
profit for our services carrier nsuer, and AGENTS there
can be doubt that the withdrawal Of specie which mus, be
circulation md Reh TSs s
III. .tns East india London IN the
months July July 1857 total Of Is 600
wall h n's IN ' preceding twelve months. Th.
may high but . Ce to :;.ams i,' oOTrsons..
Of i reduction OF in the value and quantity Of
be supplied from H. ad. to China q, and s..
go below the usual s coo !. @ w.. h,s
fSo IS 'sS, 10 ~ in our ..ve 'I position
srch ,um added 10 $40 200 900 more which the
p, from u in the Il mon,hsto July would make
are howeyer Circumstance. already
comm. into play which Will ss. The p.'RsG. In The s.
Cm India viii o nay s1s suei ' % nead
IL II is also 10 be questioned the India House will be able
70 limit their dssis and sGsS f R
mi. in Fnrsnd hesitate draw Il lest they should
tS. bo~sveT they must probably list and they will
perhaps recosnire the necessity iG H. nssd oil continuing
In hi. way the amount required be reduced fO
$4,000 coo without taking into .eeoan the posi-.
sns vel witnessed in China when the silver lately apstehed
ihhs IN "sis. sent 10 that country have been 70
ard Notwithstanding the snd the boarding pro-
psn.: 81 es ssRs vii not = saiir.y sut ''s
Esiinstns hosever that toA Of $1,000 coo viii De
enrnce likely TO sustain easily be cOmpre
Blended IL ass the w0. y s Of the without S we . Ps 1a, nth
and the rs eight or nine mouth Of h' ysN we have a.
are apestni themselves in the increasing Ary. valuable
cnIsoes tend 70 hep u; IN Al eHeeen, position
on, european relations to involve Ne drain, the Au.
tralisn gold arrival. alone would spaele Us TO bay
The M,xiran supplies while the California receipts
Yori OF the lEnus would remain to swell eIi.,in. stocks
a. London the banking OF the world b.
s,s 10 the Contradictory become apparent
for iime because in addition the demand for
specie e,portaiOn. .s.cp;on ef gold taks
pa tb dnsry purposes Of the Money market the hand. OF
dsseT who stock with quantity them
not only the capitals but in every petty town. to buy al
N. III yer coinage that may Be available.
IL remains be noticed thai one cause o. the prevailing Gs
quetude es.dns the drain I,.. from the extraordinary
In which the Inconvenience Of the movement
the PEOPLE sxpeencns from the sappearsnce Of
their medium Of exchange In consequence Of Ii.
panic Is brought shopkeeper and peasant ana
The AL the which popular
ear b,,,ow upon IT, II the French and other Governments
v.rr 70 kr Al once the step which years 40 predicted
they would ind necessary OF resons 10 e1cuSvey eoldsn
currency offer the prsssn nAIhet price M oliver
and r.eSp II AZ Amusement Of 10 per they woald a.
.pe rom great part Of their d6cny. and al they