Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-06-19

fnded apprehension that current events are tenolng
In financial crisis. Immense sums nave oeeh ana
are now being expended in manner wni e mus
leave them unproductive under the most favorable
o;Tcum.,ances for LONG time. And 1t, as is more
than probabe this uDproducive conditlon OF capital
should nrovoke untoward consequences, the period
of its unproductveness must re greatly prolonged.
In the interim it is question OF considerable mo-
mont how we are to avoid, and whether we possibly
can, serious embarrassment and even sharp fnan'
cal crisis.
The speculation in western lands has become
postive mania. The acts of people afflicted with 1t
are frequently more like those of lunatlc than
rational being And all parties to OF these trans
actions really possessed" Take Tor instance
a fact, that when men have scraped up every dollar
they could possibly compass within their Individual
resources, they borrowing money at ten or nieen
per cent? and lending it again at twenty hVe ana
thirty per cent. per annum as upon "eS
tern lands which must nfallIbly sink far below The
present speculative prices and involve all parties IN
inextrieabe confusion. These loans are said 10 be
only in proportion to a valuation OF ne'haIi or a
third of the current market value but that value is
an artificial one, in many instances 10 hVe'told and
even ten fold extent.
II seems scarcely 10 have occurred to a0y OF the
parties that vast quantities of land for which cash
has been actually invested will not be in demand tor
many years. Numerous imaginary towns and villa
ges I" located" upon linear map OF territory will
never have existence at all, and others that have
been more judiciously dotted down will be ten,
twenty and even fifty years before the hESt shanty
is built upon the site.
Beside all this very large amounts of capital are in
process of exhaustion in unprOductive railroad Zen
terprises." The only hope of return from many of
these is in the slow advantages to be derived from an
improving commerce, while in many instances, TIE
facilities of railroad travel will be enjoyed with
very disproportionae share of profit either on the
line or at the termn Speculation is 10 very great
extent iniudicious when governed by cool and
aI1tiO Knit M n feel he
impulses of an inordinae prospective gain upon any
faVOrite theme, than it hurres TO frenzy, and is
brought up with frighful spasm and melancholy
collapse,
Within few years past immense sum in the
aggregate has been drawn of from the customary
sIhere of legitimate transactions 10 feed this morbid
appetite for speculation. Some of the States have
perhaps felt the effects of this thing in the rural dis
trcts more than others; and they are seeking rem
edy for it in the creation of more banks-a remedy
that will only provoke the disease The most short
sighted must be convinced that the effect OF this will
only be to expand a really deterioTaling currency
and increase the nominal value of every substantial
thing.
We think it highly probable that money crisis
will at no distant day Cypress the country. The i'm
pOrtant question is whether it be obvated 1t is
certainly possible. Popular sentiment and indivd-
ual practice alone can do it, We must cultivate
rational and intelligent of the realities of life
and act upon it. And as first principle we have
to learn that production must keep pace with con-
sumption and that with deficiency here no spec
ulation, enterprise, skill can keep prices down
at living rates. That is the case now. There are
more consumers, Spectators, easy vers and indoent
people than there producers. AS consequence
one class begins 10 prey upon the other; one must
60 unted or live under privaoI, while another tares
well, but at high COST In time the non producer will
find his level, but in coming TO it his fancifuI fnan,
cierng topples about his ears and involve thousands
in confusion and ruin.-Balt1more Sun.
How TO SILEN SHANGHAE.--" What shall
do? ! can get 70 sleep % exclaimed gentleman to
his friend one day, not long ago. "What is the
matter 2" asked the sympathetic friend. The mat
ter! That chicken that horrid, doleful chicken
that Shanghae Like harbnger of evil, like
the friend, " kill him" What kill my egrbor's
chicken ?" eyes, kill him" " | can't do that."-
" Buy him and kill him." "The owner will not
sell" Oh, then do you give him one" What
give him another chicken 2" Exactly" To dis
tract my rest with double force g" ooh, no, give
him game chicken" I" All, now l understand"
said the gentleman, as he smiled until of his eyes
was half lost from view understand; Pll be
generous" In day or two he had presented TO the
churlsh proprietor of the Shanghai heroic chantl.
cler, and within hour thereafter the doleful
Shanghae had ceased to disturb the repose of Others
and was taking his own last rest.
New, the moral of this story is, that sagaclous
men are sure 10 be generous, knowing that by the
exhibition of generosity they able 10 win over
Churlish neighbors and whip to death their Shang
hae chickens both together in the self same act
Hoe CHOLERA OR HOG CoNsUMPTIoN.-In Johnson
county, Indiana, the fatal hog disease is very preva
lent, but the symptoms, it is stated are those
of consumption than of cholera. Out of fifteen
hundred hogs put in Enclosure, fifty day
were dying. The New York Tribune says
Tho first symptoms noticeable is slight cough,
which is soon followed by dropping, stiff appear
anee the nose and lips, and sometimes the jaws
and ears, turn blue and swell up, and finally purg-
ing and sometimes vomiting, follows, and death en-
sues speedily. Hogs, in every stage of the disease,
have been killed and examined for the purpose of
asceranng the nature of the disease, and the result
establishes the fact beyond scruple that the disease
here is inflammation of the lungs those in the first
stages showing congesled condition in portion of
the lungs, while those further advanced had more
extensive engagement and in the last stages of the
disease the lungs dark, dry and solid with
liberation of the lungs and throat. The stomach
and inestnes show no signs of disease. The disease
prevails fatally in Massachusetts and Rhode Island
among hogs brought there from the West.
THE CASE OF Mr.. CRAWFORD The latest reliable
accounts of Mr.. Crawford, are received by private
letters from the artists friends in London. He has
placed himself in the hands of the surgical fraterni-
ty Of the city, who at present engaged in expert
nenting upon him without any definite results
Under the influence of aeslhetcal agents they have
entirely removed the eye which had began to fright
fully uEotrude on the check under which the disease
had OS ted, and corrosive plasles being used to
eat out the root of the cancer, and by possibility
save lis life.
The GANEIs KEvENGE.-A lew years ago chauced that
yalna bic camel, working oil mill in Africa, severely
treasured up the injury and waiting favorable oppor-
tuny for revenge, kept strict watch upon the animal
lime passed away the camel percevng that watch
ed quite obedient, and the driver began to think
that the beating forgotten when one night after the