Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-11-27

BG~ The more recent adyices from Europe, all go to
confirm earlier impressions of the disastrous conse-
quenceS which must be produced that side by the re-
vuson on this. For time hoped that our fears
would meet with pleasant disappointment, and these
hopes received strength and cOuntenance from the
received from England just after the failure OF our
banks have been known in that country. For time
everything cheerful aspect, and men refused to
acknowledge or failed to realize the weight of the blow
All believed that the temporary disturbance would pass
off as it had come, and that the atmosphere would
speedily be clearer and purer.
But it has not turned out so. The effects are now
beginning to be felt in England The wholly unprece-
denied rate of interest by the Bank of England and its
failing specie in spite of that-he failures throughout
the Countrywide stoppage Of some mills and the short
time that others working, afford dismal prospect
for the winter. At Manchester, at Blackburn and at
Burnley we'll at other seats of the Cotton trade in
Yorkshire and Lancashire the depression is extreme. At
Burnley, Of ninety manufacturers only two working
full time At MaccesfeId and Middleton, seats of the
Silk business no less than so hands have been thrown
out of employment. The Woollen manufacturers of
Bolton and Leeds not less distressed fewer
hands thrown out The suffering bids fair to exceed
anything that be calculated. That outbreaks in
the manufacturing districts may be the consequence OF
the want and suffering of the operatives and their am
lies is more than probable 1t is no use saying that
Cotton must be had at any price--the any price y
must be there before it can be paid. We fear that it
can't be paid this winter or the coming spring.
Ba5n Near about half the States of the Union, our
own included, will have their day Of thanksgiving on
Thursday next
1t has been question with u.s. whether the day will
be kept with proper spirit owing to the hard times We
believe there is generally prevalent superstition that
fat turkey is essential element in the services of the
day and the pngudty of the gobber has something to
do with the plety of the thanksg1vers.
Now, in these days of retrenchment might not duck
do toerably well, substitute for the more orthodox
turkey? Might not people be toeraby thankful over a
Muscovy? Might not even hen pass muster? We
notice that one Democratic editor in Ohio says most
emphatcay that he refuses to go the expense of ur
key, just to please Chase, the Abolition Governor o.
HoOserdom.
8 We are glad of Thanksgiving day, for it will afford
US an excuse for issuing Journal that day. and
thus early give notice of the fact Our holidays few
enough, and would not willingly part with any of them
We have no doubt but that the day ought to be re-
garded in more serious light. AS people, we have
much cause for thankfuness and for huniia
ton. We have had many blessings-we have had nc
epdemcs-thee earth has yielded her produce beautifully
the seasons have been favourable and if pressure and
suffering have been the fate of many, they have sprung
from the acknowledgement of man and not from the vis
tation of Providence There is therefore ground for
deep humiliation.
But it would be useless to deny that the day has
heretofore been kept rather as roc than as fast and
there no reason to suppose that the will be ma
eriay changed on the approaching occasion, except in
SO lar as the necessities of the times may impose resrc
tons, unwilingY submitted TO-