Litchfield enquirer., 1858-09-02

moral results of the enterprise will loom up, and augment in importance as the months and years roll away. Let God be praised, who doeth all things we'll. c. B. l..
 THE AUGUSTAN AGE OF ENGLAND
 It is difficult with our present lights to ap- preciate the importance of the intelligence re- ceived yesterday from London. Peace with China, the establishment of diplomatic rela- tions directly with Pekin, and the rapid if not final suppression of the mutiny in India :- such are the historic events which first signali- zed the practical benefits of the Atlantic Tel egraph. One year ago it seemed as if Eng land must succumb to the calamities which thickened around her. She had not yet re- covered from her exhausting war with Russia, when she was compelled to fit out an expedi- tion against Persia. Just when suspicious were rifest that the Shah was acting under the advice and with the secret cooperation of the Czar, the troubles broke out in China, which compelled the equipment of another large fleet and army for the antipodes. Nor did her troubles end here. Just when the China case was most embarrassing to the government re- sulting finally in the overthrow of apparently one Of the most popular ministries in modern times, news reached London that the people of India were in rebellion from Calcutta to Lahore and that from eighty to a hundred thousand of her troops, more than all her force In the Crimea at any one time, would be re- quired to put it down. Happily the Persian misunderstanding soon ceased to be an ex- pense, but Iudia and China had taxed the en- ergies and resources of England ever since, to degree which would have been fatal to al- most any other power And yet as we show ed only few days since, her revenue has fallen but trifle below the amount received before the Eastern wars commenced, notwithstanding the commercial prostration of last year which has comparatively closed to her for a time the markets of the United States and Australia. By the news received yesterday it appears ttat England is once more substantially at peace with all the world China is to open her ports to English commerce, she is to re- ceive an English Minister at Pekin, and she is to pay the expenses that England has incur red in securing these privileges. We have no means at hand in determining what losses Err gllsh commerce has sustained from the late war, but they have no doubt been very great. We observe that in the single article of tea her importatons during the past year have been some $l5,0O0,0O0 less than in 1851 Her exports, except for the use of her militia ry force have probably experienced cores bonding diminution. Business there will at once be revived and increase hundred fold. Russia has derived immense revenues from her overland commerce with the northwestern DOT tions of China. England will now enjoy cor responding advantages with Eastern aud South ern China. There is no limit to the business which a manufacturing and shipping nation like England can do with the 400, 1000, ,00O of comparatively isolated and anthopomorphous people of China.
 The despatch received yesterday gives us no intimation that any other nations will have the privileges extended to the English, but it is quite unlikely that any thing except the ill., demnity for the expenses of the war enures exclusively to the advantage of the British crown. France and America united in the representations made to the Emperor of Chi na last winter, and, indeed co-operated to a limited extent in the war, at least so far as the seige of Canton was concerned, and the presumption is that both these powers are covered by the treaty of which we have mo- tce Whether this be so or not, it is very clear that no country can be more interested at present than the United States in the null tplication of commercial relations with China, for our Pacific ports must be the first, for some years at least, to profit by them. If. as is now rot improbable, Great Britain should ex- tend her line of railway West to the Pacific, through her own territory, it will greatly in crease the value of her Chinese trade, but it cannot profit her nearly ss much as it will profit America, foI the obvious reason, that the American home market lies between Eng land and China.
 Should the project already on foot, to con struct a line of. telegraph to tue Fraser River settlements on the Pacific, be carried out, it's continuation to China and India will be inevi- table and probably simultaneous, and Great I Britain will have almost . complete and daily communication around the world. The pres ence of European diplomatic influence at Pekin will render submarine telegraph from that capital to America, one of the most at tractiye enterprises for capital which this age x,f4cr