Quasqueton guardian. (Quasqueton, Buchanan County, Iowa) 1856-1858, 1857-08-08
THE CRISIS INDEFINITELY POSTPONED.

Coltoi IliiS ~ tiiS IcS ulatioH, hao >i9t
terminated. Judging from the results at
the port of New York, now before US in
a semi-oficial form, and from the known
course of the export movement of the
great staples from the Gulf and Southern
Atlantic ports, it will prove, in the annu-
al review of the Secretary of the Treas
ury, the most remarkable in magnitude
in the records of the Department, as it
unquestionably is one of the most uni
formly profitable and satisfactory to all
concerned, in the history of the country.
1t denotes prosperity, and we made add
in no vain-glorious spirit, national and
material greatness and progress. of which
every good citizen has reason to be proud.
The plain facts in the history of the
year leave no room for the indulgence of
doubt or theory as TO the terminating re-
suit. They put to absolute shame the
shallow speculations of the croaker, and
the wicked prognostics of the panic ma
ker. They present themselves, too, at a
season the most auspicious we have ever
known for the crops of the country which
are to give vitality to its internal trade,
and employment to its foreign commerce
through the new year. There is not even
the semblance of a drawback upon the
past year in the shape of doubtful profits
upon the export or an unliquidated bal
ance upon the import list, and no threat
ened embarrassment to the trade of the
new year, from political commotion at
home or financial convulsion abroad. The
survey is unclouded, and capital and en-
ployment, if not absolutely secure for
another year, leave everything in the ac
tual account of 1857, and the immediate
promise for that of 1858, to give them
confidence and a we'll based assurance for
its indulgence.
The impost entries of Foreign Goods
at the Port of New York for 1857, sum
up two-hundred and nineteen millions of
dollars, as against one hundred and nine
| ty-seven millions last year. But the ac-
tual amount marketed, or entering into
consumption TO the 30th June, is only
one hundred and eighty-fiv millions last
year. The remainder is left in public
store for future consumption. This fact
is significant against the charge of in
creased extravaganza, when the addition
of 8 per cent. to our population is taken
into the account. The gross entries at
this port would imply a total trade in for
eign goods for the whole country, of
about three hundred and forty eight mil
lions, against three hundred and fourteen
las, year. To this should be added from
ten 10 fifteen millions in Foreign Coin
brought into New York, San Francisco
and other ports for re-exAortation to the
! Indies a trade that assumed unusual
importance on account Of the peculiar
currency of Cuba and China.
On the other side of the account, the
Export list from New York presents an
aggregate never before equaled, and
reaching the large figure pf one hundred
aud thirty, as against onS hundred and
two millions last year. The same rate of
increase from the other pirts, measured
| by their relation to New ork in 1856,
would give total expor3 trade for the
/ whole country of nearly four hundred
millions But, making al allowance for
4 the extra shipment of bullion from New
! York at the close of the yAr, il is safe TO
assume that the great slaplS OF the South,
all of which have borne bJ far the high
4 est average value ever kiown, the in-
creased export OF bullion direct from the
Pacific side, and the miscllaneous trade
with Europe and the Indi$ from all 9TH
er points on the seaboaId will run up
the export lis from tauent3to t0e,ay.Jioe
millions in ercess Of the in4ou SIDE
1t may be objected lht the precious
commodity Of gold constitutes an impor-
4 tant item towards this othtwise highly
4 gratifying result. That itFill figure for
sixty or sixty-tive mlllionsIin American
Gold, we do not doubt BIZ this is sim
tply the product of our wdmines for the
year. Nothing more. has brought
the balance OF our foreign Recount large
ly In our favor, and lett " country no
poorer in the precious 4etal actually
coined and in cuculatioa and left the
mines richer, in the yield lr the current
year, than there were evetnown before.
Best of all, it leaves our honey market
wholly free from panic u distrust, and
has conferred credit upoi the merean-
tile promptness and tinantl soundness
and elasticity of the county, through a
season OF unwonted mdey pressure
throughout Europe, that dinot fail to be