The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-04-11

A POOR DJsOP OF COMFORT FOR THE COUNTRY
The latest policy Of the republican Journals ap-
pears 70 be TO iufos- drop Of comfort into the
bitter cup of misfortune which the political
troubles Of the Gay have pressed to the lips OF
he people, by contrasting the present condition
# II q country with that Of the financial horrors
Of 1887. We are reminded Of all the disasters
ard cssolatiop which then fell upou every
quarter of the land how cotton declined, how
q tscco fell in price, how planters and manu-
lecturers we're alike Impoverished. how banks
EXPLODED bow whole cities became insolveut,
sow real estate deprecated, how laborers and
uad.sn.p pred tor bread; and we are asked
70 compare the misery of that period with the
wealth which the country holds ia her Golfers at
ne present tine, the abundant crops, the alb
'eDce Of foreign debt, and all the other insre-
r,en,s If prosperity which surround ne; aud
having maze The comparison, we are exhorted
o iase comfort and have courage. Wherefore?
II Ii true that ia 1887 all these cslamitles
vlsited Us heavily The picture il not touched
~ith roo gu omy peUcil but the fla ncial dis
aifrs 81 1887 we're the result OF AN extr.vagan ant
rspaDs'nL OF the banks, and the operation Of
ONE usmbers of the government With the Uni
20 States Bari ana universal ruin followed,
seieh eliminated i'll the uprootiDg Of PERM
toue sset,n uDo the d. moliton of a giant cor
upton. IL Is true, also, that this country nev.r
n,'ore possessed to tha same extent The elements
d boproltss prosperity that IT does now. TIE
nai ks are plu,tea with specie; the granaries OF
h.. l ID al
sheIe resources o. wealth are u ing around
here is 10 fbsncial panic lowering Ike d
huDdsr cloud upon the des,iDies OF the nation
1t We behoic trace End Commerce psrslyzed;
se see failure succeeding iailare And why
this? Because Ct the political troubles
WITCH tbe politicians Of the North and OF
he Scutb have brought upon the country,
10 hich are every hour drifting US towards
. civil war which p omises. If once undertaken,
prove u.ost terrible in its consequences ann
lm.sr l'mnIsssi1 us cu,auon IL Is 10 pressing
merc,al disaster which has produced he
fleets We zee every DAY around Us, that has
m. steo TIE couee OF trade. that keeps our
niD'cps Of gold l"csed up role 10 Che oapks,
mo he tsemiDg frurulBess Of The West rotung
! he warehouses. 1t rs apprehension OF the
i,itut. be ore that is doiug all this, and is
ruiz pg Gown firm after firm into bankruptcy.
Md j is only The weakly houses that are fall
tg M yet bouses that, If pubic confidence III
h. pot,s,on ct the country existed, could go on
,e usUai. nut il a civil Wac is to he lnaugurased
htse VIII he 10 couse strong enough to with
,tsho tie shock that must follow AID what "a
ar ,bat VII BE-? The people OF both sections
4 ne country are btaV. enough, resoute
rDrugn, sDd II cIiSsn to that unhaspy alt-rna-
i've oy The couree OF the politicians, they may
dpb 'tcngo we caubot but believe that the
to'ce q, 'he peopi. il Dot tor war: and when
,te fist shot IL tsd there is 10 Knowing where
u, nioooy business viii stop. IL may last for
IN ,ea,s 20 come, ard end ia The destruction
- very psastr'ai interest in the country.
th.p II 20 rtss mblspce between the origia
of III present coUnerc ,al revulsion and that
- 1887 It In the most wtetcheo soputsery TO
cou par. .De with the Other The result : now
mey be qoi,e aa coIamrous AS they were then,
"at toe causes are entirely different. The ooe
rr"-e ont OF financial Difficulty; the other
springs ffom poiitical revolution.
1uE ALARM AT WASHINGTON -Uoaest Old
~, I aon,D,-uauon ia evi1tnhy Impressed
win the idea that the Southern revolu aoa,sss
hsse Tot abai doneo their e. ava p0 ject OF the
,.lzo'e u Washington. The iocai military con
pal I,s, ten ut u tiue, are undergoing tn ordeal
- III o. cnon ter active service, ano are To M
r-'g'bersd by reinforc. M aus Wrh these
mi, p,,caat,aos is ia probable thai Honest
J'r All. viii not be Required. ut least for
ON. me yet. to Leave Washington u, he cam
nto ito w.t. III that famous ocotca cap and
oag MILITARY cloak.
cry Intelligence
trsrAL 80 JssRY sk,Asr Tie fnpersi of Jerry