Weekly Indiana State sentinel. [volume] (Indianapolis [Ind.]) 1853-1861, 1860-01-02
Tae TrOgIess of IsevOIutIOn and Ec-
VuIsiou.


The political revelation is progressing, and,
as day after day passes without hope or prospect
% amending the condition of the country. We are
drawing nearer 10 the vortex, on the verge OF
which we stand to day. South CTolina has al
ready gone cut OF the Union and calls herself =
foreivu naiioL; other southern States are Only
bidiug their time 10 follow her. The border s aes
of the South are =. this moment taking counsel
on tie question Of preventing the Inauguration OF
Lincoln, u d everything in ihe future, 80 tar as
any one can see, iorebodes civil war. The pros
p c. is gloomy, discouragiDg al d alarming.
Meantime, apacs with the revolution, grows
the commercial TeyUlsio3, hourly extending its
Influence 20 every branch OF industry and CON-
msrce. Factories suspending work, business
i deciinii e God operatives are being dischai geo.
Within lev DAYS three or Tour sugar houses in
this city have failed, and perhaps as many more
houses IL other traces Failures to the amount
OF four or FIVE millions Of dollars have occurred
10 this great metropolis alone; almost, we may
say, within one week, and necessarily the nun
Der O. people thrown cut of employ ment must
have been prOportionstely large.
There il a REGULARITY about the failure OF the
sUg,r houses and that is, that it Was brought
a5Ou by a depreciation in the price OF ssgar, aud
thai DEPRECIATION is the result OF political causes
So, too unioub, edly, houses in other branches oil
business have suffered from depreciation in the
value Of staple articles, for depreciation of prop
cry IL The order OF The dsY. In tbs present
doubtful aspect of airs il would be impossible
10 ezFecs La. the old system Of credit could b.
msi1-aned Ia g time that knoEs NJ eehoed
U.uTe tht r. can be no such thing as credit 10.
stable a. ali times, a. il has been employed in
ibis country. it becomes worthless in ttls cFisis;
AID although money is plenty, as IL rarely Hss
ever i5Fe-tboush we received some Elk mil
lions 81 GOLD from Europe within the past lev
weeks, AID will ptUbaoly get as much more IN
the two Or three weeks 20 come-ot What avail
is III Is Will not relieve the pressure
Thus revolution and Teyulsion are advancing
hsud ia hand; nor is there anything being done
20 sisy ttem Cor eress is IN ffective for good
The Administration is paral,xsi. The President
elect-Who. ii he had the vision OF 4 statesman
end the yiTies Of patriot, could rescue the coun-
try rom impending Iuii-;s silent. either TOR Jugh
an o5s;inscy and miserable attachment to party
interests which mislead him, or an indifference
which is unworthy of his position. People are
suggesting various modes 20 improve the sad
condition VI affairs. Some propose humiliation
ald payer; bu, they will nos pay notes when they
fall duf, Tor bring mama from heaven 10 these
days 20 ail hungry mouths. Oilers are in favor
Of re0pcniDg the houses Tor religious reVivalsi
bat religious exercises will uot meet bills OF e.
change nOr set factories TO work. Ii is true this
nag produce some effect upon the Abolition fan
atics, Who, for the last thirty years, have Deen
working to bring about the present disaster; but
TIA; il all that can b. hoped from them; and Il
there il 10 trade or business 10 be attsnded 70,
perhaps People might Gs well 90 to the religious
reTiVals IS occupy their time in any other way
Meantime as We say, poliiics! revolution ard
coumsTcial revision are rapidly progressing,
si5hoRt any immediate prospect OF being
checked We can see no opening for escspe--
no certain pathway seems before us-there "a no
light anywhere The ship of State is drifting
hopelsssly, it would appear, with dark clouds
shove and fogs around, end breakers On every
side, without a friendly beacon to gelde her
eourss, sad 10 man can tell upon what rugged
I coast she Iaay strike. Aud ell this time, with
lficulty besstting us-Sith which no na'i1u
whereof history speaks wac surroa' dee--.o m kf
matters wogse, we ind the public officials al
I Washington plun1GIing the departments Of the
| Government, aid everything in apparent coniu-
sion, where We might hope to look Tor assistance
counsel and example In our hour Of trial.-hsi
| York Herald