The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1859-08-19

NHw loRk. Aug. S, lsje.
Ii is true August weather depressing TO
the animal spirits is calculated to induce III
sanity in the canine species, To get through
this month Of Angus, withou, dimnu,ion Of
courage aud activity, demands an elastic
constitution, The tendency OF the weather
is TO blueness and hypochondria aud we
see this manifested in the tone OF the BUSH
ness community Tor the moment. The i'm.
porta,ions of foreign goods have been i'm.
mcnsey heavy. and crackers are predicting
recurrence Of the panic times Of 1857. II
is easy enough TO see that this country is in
sound condition, the crops being in all di.
rections abundant /, bu, people are just now
inclined TO take the blue side OF the qucs.
ton, no, considering that they are in that
way helping 10 bring about such crisis AS
they fear, TO the extcn, Of their personal
influence. The fact is. that unless the South
and West begin TO buy goods more largely
than they have ye, done, some importers
mus, lose large sums of money but the
main trouble 10 be expected is the failure al n
few large houses, aud not any general financial
arrangement. Probably all srriou, disaster
may be uverted, il people will only keep up
their spirits. But partial panic may come
about in this way: Tow hears it so often
repeated that the impor,a,ions are irigh,iul,
that the country will be ruined, that, though
he doesn't believe il at all. he is nevertheless
pretty well scared. aud thinks he viii get rid
of his own stock privately jus, as quick as
be cat, nj any price he can get. So he does
slaughter his goods, and spoils the market
for DrcK and HARWy, who have vastly
larger quantity o, the same kind OF goods.
Low prices to Tow means only the loss of
part OF his annual income low prices to
DIck and HARRY mean failure aud poverty.
However. our business men have had so
much bitter experience OF the folly OF being
frightened before they are hurt, that perhaps
they may be wiser this year
The Central Park is looking finely, aud
the band of music which performs there
every Saturday afternoon attracts II great
company at that time, The Park promises
to be decidedly the institution of New York
Tor the summer months and will probably
draw away largely from the patronage Of
the Staten Island and lloboken Ferries.
which are chiefly supported by cheap
pleasure seekers and the drives Of the Park
will he attractive to the posessors Of tro,tIng
horses in the vicinity OF the Fifth Avenue.
AmuscmeBts are ut u discount. There
are n large number Of Southerncrs and some
Western merchants Ia town, but they are
occupying themselves with business chiefly,
and spending their leisure days in more
pleasant places than this hot and dusty me.
tropols. There are an abundance Of pleas.
ant places where one may go Saturday alter.
noon and come back Monday morning, and
this class Of resorts il very much patron.
i1d this season. Among these are Long
Branch, Rockaway, schooley's Mountain.
West Point, and the villages on the Hudson
liairond
Business promises TO be active enough
this Fail but no, over profitable. The i'm.
portcrs OF foreign merchandise, especially
dry gools, will realize little return If indeed
they do not suffer very heavy lo-scs. which
is rather likely 10 be the result Money will
also be very tight and consequently lew new
enterprises are likely TO be- set on foot. II
il not, therefore, d favorable time 10 begin
business or seek employment IN \ York
city. Our good time coming mus, be post.
poDed little longer Possibly the cloud.
may clear up soon, bu, if W. do have an
active trade before the first Of September.
the campaign il All unsuccessful one 10 all
inicnts and PURPOSES, as the late trade Fl"
never amounts 10 much. The Domestic
Cotton Manufacture promise 10 profitable
because not in'criercd with by foreign goods
TO any extent, but American Wo0Irn Manu-.
iactures are seriously damaged hy the i'm
menSe importation oi foreign woolens at low
prices.
There il a good deal 81 building ami re-
pairing done at this season Of the year. the
period being especially convenient on nc
co1n, u the absence Of families IN the coun.
try, and this gives pretty fall employment 10
mechanics and day.abmers. Day labmers
are earning from nine % ten shiIings per
diem without difficulty, and the building
trades are oil well employed. 1t is also
busy time with all classes 81 mechanics en-.
ploycd in making up articles Of sale lpr the