The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-10-15

silly fellows who call themselves Especial cor
respondents" but are really general nuisances
They ought to be put down, and the journals
which employ them ought to attend to the mat
ter at once Let the English press either rely
upon the American newspapers exclusively for
Information of our affairs, or let them send men
here who will neither misrepresent, ignore nor
belle us.
BUSINESS PROSPECTS, AND FAITH OF Our CON-
MUNTTY IN THE FUTURE.-if any one had pre-
dicted, three months since, that commercial con-
fdence would be restored to its present extent,
and money be as easy as it now is, he would
have been laughed at as fool. The croakers
had so succeeded in dispiriting the public mind
by their gloomy anticipations that but few en-
tertained the expectation that business matters
would so soon right themselves. And yet here
we are in the seventh month only of one of the
most stupendous civil wars that has ever dis
tracted any country, and what do we witness?
A revival Of activity in all the principal
branches Of our manufacturing industry, which
level with those Of last year; an excess already
of $3O,0O0,00O in our grain exports over those
of the corresponding period Of 1860, with the
prospect that by next spring it will nearly
treble that amount; full employment for me-
chanics and operatives of every description those
who have been displaced from particular call
ings by the first effects of the war finding good
wages in other occupations created by the same
influences; lastly, plethora Of specie, caused
by the large daily expenditure of the govern
ment for war purposes, and by the fact that
while we are exporting more largely than ever,
and receiving gold for what we send abroad
we are retrenohing all unnecessary expenses,
and importing less than we did at any former
period within the last five years. 1t follows
naturally from all this that the alarm and dis
couragement which had seized hold of the pub
lie mind at the beginning of the war are giving
place to feelings of renewed confidence and
hopefulness, and that those who were cutting
down their expenditures in view of the uncer-
tainties of the future now feel themselves iusti-
fed in returning to their former habits, and in
amusing themselves according to their different
tastes.
This Revision in public feeling has been a
fortunate thing for the artistic as well as the
business portion Of the community. The former
were the first to feel the depressing influences
of the times; and had they continued as dis
couraging as at the commencement of the war
they must have suffered more severely than
any other class Not the least convincing evil
dence Of the thorough and permanent re-
vival of commercial confidence is the i'm
pulse that has been given to theatrical
and musical affairs. 1t proves that the commu-
nifty entertain full faith in the speedy recon-
struction of the Union, and have got beyond
the influence Of the alarmists. The managers
have shown themselves prompt to profit by this
welcome state Of things. At all the theatres
attractive novelties have signalised the opening
Of the fall season, and as soon as these cease to
draw they are replaced by fresh pieces, on the
getting up of which considerable sums are ex-
pended. The chances of opera for this winter
were until recently but slim but the coura-
geous Ullman, who has soul bigger than his
body, and who is inexhaustible in resources, has
devised means by which the musical public of
New York and Brooklyn can, by very triHing
effort, secure for themselves their favorite
recreation during the winter. The first of
the four benefits by which he proposes
to raise the funds necessary to guarantee
fresh season of opera will take place on
Thursday next, and there is no doubt that it
will be fully and fashionably attended. Every
one seems impressed with the necessity Of rem
dering q cordiafupport to the director of the
Academy on this occasion, as well to show
people abroad that we do not suffer ourselves
to be cast down by our political troubles as to
insure the continuance of refined and elevat-
ing amusement which has become almost an
indispensable habit with us.
Taking all these facts into account, and COM
pairing our present position with.what it threat
ened to be few months since, it must be owned
that we are not very badly off for people who
are carrying on colossal war at a cost of
million and quarter day. That we are in
SO comparatively easy and prosperous con-
dition is due, next to Providence TO the well
devised and popular financial measures Of the
government.