Smyrna times., 1859-08-04
NJ | 5 e Z LII A EO U s.
A Good Time Coming.

The following, from the PennsylUanian
holds out an encouraging prospect Ii may bC
worthy OF consideration n opinion:
When the war, which has Just now termina
ted, threatened to involve the different State.
OF Europe, we expressed our CONVICTION that
great injury would be Inflicted upon US in ,
cemmercIal point 4 view To some extent
this has been the case. Although the war has
had but short duration, 1t has induced an I'm.
usual exp0riation OF foreign goods to this couu.
try, the payment Tor winch may lead TO extreme
eInbarrassments. II has fcluiously raised the
price Of breaoNtutts, and caused speculative
prices. 1t has deprecated stocks Of various
Kinds checked mInuIa"turlDg, hlndered aud
delayed the return OF baSfness activity over
the whole country. Had the war continued,
doubtless all Europe would have bean engaged,
which would have prolonged the strug. !e lnje.
hnueiy, and with results TO US in every wsy
commercially dlsadVantageUus Now thai # ia
ended, we may expect a reaction, and lock for.
ward to increased activity 10 business, esDeci.
any 10 manufacturing and mercantile Ooera-
tons. Capital which has been withdrawn from
US OF retained in Europe, will return, and with
our own, which has been withheld from active
employment by reason of the instability of
thIogs generally, will again seek the accusiom
ed channels OF trade aud business enlernrises
BfeadStufs and provisions, which have baan
enhanced TO the benefit of the few, will fall
oacK, as they have already done, to reasona.
Die hgure. The great staples of the South
VIII advance as the demand for them in the
manufacturing marts Of Europe resumes its &C.
cusloned activity Our various public securi. |
ties are already on the rise. and will again com.
mand the attention of European Ca aptallsts.-I
Ia n IVY from no source will there be
grea;tr degree Of improvement experienced
than from that Of immigration. Thousa nds |
who hIYh c1u'empia'e ed IA change of domicil |
ifl" '.a .r S'atss of Europe, where constant
InreateHIngs OF war render life aud property
more and more precarous, will be decided now |
to emIgiate at once to land where peace is |
seldom interrupted, and the evils oi war scarce
Iy TO be feared. Such emgrunls do not come |
empty handed 10 the generality of instances, |
and in cases where such is the fact thew are a
gain 10 the industrial force of the nation. The |
amount Of money and mouths thus added to the |
circulation aud the consumption Of the country |
in an economical point of view has vest irn-
portance. especially in the Westuud those mar.
kets Of the East from which the West is main
ly supplied. At present there ia d lamentabIe |
scarcity of money in the Northwestern States.
There is no sale for land, and all business is in
consequence at a stand still. The influx of
population, purchasers with money, must have
a reVvtying effect upon every interest in that
region. With the prosperity of the West that
of the East is closely connected, and therefore
what advances the one must be beneficial 10
the other. Weare no advocates, however, for
increasing the agricultural area of the West,
believing that any further extension is detri. i
mental rather than beneficial
We may anticipate, then, as a result of peace
in furope, return Of business activity some.
thing akin TO that before 1857. 1t would be /
well for our manufacturers, mechanics and mer. 9
chants to be awake in time 10 take advantage =
Of this anticipated improvement.