Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-08-17
go; Arrgmono asig.
MONDAY MORNING, AUGUST II, 1858.
English Investments in the U. States VIII
they be Paldl

= ,1 5sgree 10 the adoption Of the neutral" policy
IN ,ssDac, 70 this war to which England is steadfast-
u sdhering. war with the North would unquesuon-
ABLY involve the loss Of these large Investments and
"a hardly 70 be expected that England would 80 far de-
part from her prOverbiA policy Of gaio and selhshness
a. 70 make any movement calculated to result in 50 Sc
rous loss To Us il would seem that recognition OF
the Southern Confederacy by her. even though 1t IN
involved the loss of her Northern investments, would
prove an ultimate gain vastly prePOnderatDg over the
los which that policy would entail She too, enterians
that opinion, but she calculates falsely uPOn securing
both advantages. She regards as certain
without any e1traneous aid and she deems it an unwse
policy 20 interfere in our behalf at sacrifice OF her
enormous investments at the North, when the end to
be gained BY intervention is sure to be accomplished
without her agency. her policy is to secure this
Northern debt and trust to ng and diplomacy to
get on the right side Of bysnd5y, aud step in on
footing with the other favored nations The vengeance
Of an Indignant and outraged people viii inevitably fall
upon him or them who shall dare advocate any such
policy in respec 10 her.
What are the prospects Of the payment Of this
Northern debt to England. None whatever, uni, 50 she
shall take some equivalent in the shape Of e1emPo-
rsed gunboats ironcsds hurredy constructed and Of
doubtful stability, hundreds Of thousands Of second
hand guns of her manufacture, quantity OF army
clothing, and other things in the shape of army
equipments and supplies which she might turn to some
&C count in the future As to money, it is the last
thing on earth she can expect from that quarter, for
there is not enough Of it there in the shape Of
promises 10 pay to the requirements Of the lin
lied foreign trade now carried on By New York.
Universal bankruptcy a, the North viii be the newt
able sequel of this war. The Government must of ne
eessy resort to this, and corporations and individuals
viii. of course, follow the exlmple. Northern end
Northwestern rarca37 in which English capitalists are
largely interested have reaped pretty rich barvestior
some time past more because Of the blockade Of the
Mississippi which forced all the trade Of the Northwest
that usually found way down that river to take the
Northern route than Of the increased transportation in
she matter Of supplies aud troops incident TO tie war
This condition of prosperity il however spasmodc.-
period Of collapse must come, which vail briug the
stocks Of these roads below the depressed stand
ard which hey he'd oyeyi to the Stocks 10 the
y York and lie "a '-oad originally bought al $780, sold
before the war at $40; and WITH regard the other
Lending internal Elss coaneoI:7g IN sn7 way wiki the
Northwest.
In all these Eogand il large stockholm, and in
that capacity is 0eneftng by the enormous dividends
which those eaterpryss are yielding since the war
commenced. Il is not, Of course, her policy 70 Gu,
short this career OF prosperity for r-road 10 which
she Is so largely neTese1 ngr to desire the opening
Of the Mississippi 70 Northwestern trade or ,hlE ~d
osuse diversion If trade from be- fg5sile ergrzes
that would materially dimilish the hrg rr-l-s whica
tsey have been yielding ior the p,s: ESQ esls tn
-. IS la al .1sft did
amounts 10 hundreds OF Millions are the hssl con5de
ratons that influence England in her adherence to her
NEUTRAL uocy The forfeiture Of thcs, Eolld be the
first resuls Of with the North, If such should by
possibility follow recognition. she deems it wise TO
avoid such a sacrifice, when toe choice OF alternatives
as bstween this sacrifice and loss OF commercial ad.
EAntages With Us in the future Is no. urgently pressed
Her policy s to hold what she has and trus, knavery
and intrigue TO obtain future benefits.
Or her policy may be after she has reaped the fullest
benefits from her investments the NORTH to avail
herself Of The period Of physical exhaustion which is
destined to come, and insist upon the payment Of her
claims or the granting Of equivalent Sac vii thus be
accomplishing double purpose, by contributing to the
proOngatiOn Of this The very process which is
enrich her, and render what has been hitherto dead
loss, a source Of immense profit, will decree the
hAustiOn Of the North 10 degree that viii render her
fully Hmenable to responsibility for just claims, and
cause her % recognize and adjust them. AZ said,
she cannot discharge these claims in cash. and her
assets In the shape of the odds and ends have
merEted, they would, Of course, answer purpose
.ouivaleuts Maine will be the Offset which England
vil seek and nothing less viii satisfy her. She will
doubtless, in the event Of obtaining this equivalent
.ume the Northern debt for which it may be given and
.tify her own capitalists to whom this debt is due by
,hs issuance OF oonsos which will be 10 them far
satisfactory than the promises to pay Of distracted
and bankrupt people We the prediction that
before many years, Maine viii be Eagish colony,
osred either in the manner indicated a result Of
var upon some preteIt which England viii be At no
M 20 discover Wbea she finds the North e1haus ted and
1t her mercy.
France we believe, has also some investments at the
North. but to what extent we can form no idea She
has il 10 her power, however to indemnify herselfby OF
..,tug Northern claims on Mexico with the debts due
20 her By that country. This will be easy and simple
principle Of adjustment and one from which the North
dare not dissent She viii be at the mercy Of every
Pousr-a poor, Wretched bankrupt at which every
srsditor viii tug until the last dollar is 6lched from
her. Aud then we should not be surprised to un-
satisfied creditors taking mortgage upon her custom
duss her public lands and any other Of revenue
which may remain after dschArgng by equivalents the
dsbts due 70 powerful nations whose claims she will
be forced 10 sAtisfy.
The claims Of her own citizens will DO little less EN-
bsrrassing to her. These, hosever, can be held in
Allowance pending the Adjustment Of foreign claims,
which win no doubt involve The flush times which
are the iuTarabls condolences Of viii make the
Nor bern people, now, perfectly ObliviOus Of the ter
,s crisis IN store for them; and It is only when the
excitement PAGES away and the claims Of other powers
are satssed that they will to realize the hopeless
condition of financial exhaustion to which the country
!, .apesd Then indeed Is the North destined to see