The Nevada Democrat., 1862-09-23
Financial strength OF IN. No.,,,

haliet's N. y. Commercial Circular for
Europe, August 27th, CONTAINS The follow
ing:
~ N only IN adverse circumstances. or
Wueu tue exigency far exceeds previous es.
Inmates OF calculations, that we can indpe
correctly OF nations strength. Ii ours
mas not been In the former. il certainly
iouhu itself IN the latter category. Bnr.
dens teniold greater than those supnossa
IN the outset TO be adequate TO the crisis
have, at successive stages, been assnmcd.
but with the last, our people were never
more strong and hopeful, aud really nevcr
more prosperous. Few wars in modern
times have been more collossol in their nro.
portions; yet none at all approaching il In
magnitude, have been f.liowed by eonso.
welfare.
Food, clothing and labor are as abun.
dant as ever at The North-three crowning
tests of national prosperity. The produce
ilveness OF its people was never SO great.
Ihe crop of the North the present year.
exceeds that of any previous one; and as
we are an agricultural people, all our in
duslrles consequently were never more
proitably employed. All this prosperity
follows Immediately upon the excision. and
as far as their commerce was concerned
OF the practical annihilation of one third of
the States, whose commercial aud mauulac.
turing wants were almost wholly supplied
by the North. But the Disappearance of
the rebel States, with their great staple.
which they unhesitatingly .conGded In as
the most potent power 10 the world. has
not, IN preceptble degree. weakened the
financial strength of the North, while the
ease with which il has carried the burdens
Imposed upon II, has demonstrated this
strength to exceed vastly, not only the
estimate OF the most saDguine among our
selves, but has excited the astonishmeut.
aud shut the mouths of those who predicted
because they desired, our speedy collapse.
We have, consequently, achieved vic
tory of far greater value than mere success
in the field. This In The outset may be no
indication Of the final result-it may be due
to skill and enterprise of leader on the
one side, or imbecilty and incapacity on
the other, Such matters may be only acci.
dents, which are corrected as affairs pro.
gress, and when real strength can be
brought into action against decided inferi-
the degree Of the resources and abiity that
either party can bring into tue field.
Whatever construction consequently may
have been put, so far, upon The eyeats Of
battles, or of military operations, the North
has steadily gained IN moral position, and
IN the reepect entertained for il by foreign
Powers. Their journals may depreciate, as
much as they please, our military capacity,
but they well understand that our material
is OF the finest quality, and that we have
really displayed much greater military ap-
titude, and achieved greater success, than
have European nations, when fret plunged
into bostilities after long periods of peace.
We are every day gaining on their cOuh.
dence and respect. But this is not the on.
ly. nor the greatest achievement of our
people. The war has disclosed an unity
q nationality among them, such as has ex-
listed, under similar circumstances, among
no others, for the reason that this national
ity iq based upon the idea that society aud
government as they exist at the North, are
organized In a manner so as TO promote, in
the highest degree, tho welfare Of every
member and subject Of them. Where such
conviction is deep seated and universal, no
possible cause of internal disc0rd exists.
There is, in fact, the most intimate and ne
cessary relation between the prosperity and
internal harmony Of the North. The one is
only a sequence Of the other. The connec-
tion between a good government aud ia.
vOrable material condition is fully seen,
aud society is never ungrateful to It's bene-
factors, when they are appreciated. II is
not a case where envy or Jealousy ever
came in to mar the uuiversal sentiment Of
gratitude and respect