The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1863-05-28
THE PACIFIC
Commercial Advertiser.
THURSDAY. 4 %.

The Young Heaor, which came in on the
morning Of the 22d, poured in on US a food
Of foreign news, as interesting a. it was bulky.
The papers brought by her cover an interval Of
SIR 1ceek5, from both America and Europe those
from the latter country being to the 18th Of
March, from New York 70 April Ist, and from
San Francisco to May 4th. 1t is seldom that
there has been an arrival with such gratifying
news from all quarters. The principal items
may be given as these
The improved condition Of the Union cause in
the American struggle, and the disheartening
prospects Of the rebellion.
The reunion Of parties throughout the North,
10 aid the Government in prosecuting the war
with increased vigor.
The Royal Marriage in England and its festivi-
ties.
The increasing success of the Polish Insurrec-
ton.
From all sources, there appears to be but one
opinion expressed regarding the civil war in the
United States-that the power Of the govern
ment Is augmenting and strengthening, while
that Of the rebels Is declining. Never, since
the opening Of the rebellion, have the finances
Of the government been in so prosperous a state
as they now are. The greatest drawback which
it has had TO contend with, has been the diff
Guilty Of raising money to carry on the war.
Money constitutes the sinews of war, and with
out 1t no nation, however powerful, can long
carry on Il domestic or foreign campaign. The
revenue Of the government, from internal taxes
and heavy duties on foreign imports, has in
creased enormously, and will probably amount
this current year Of 1868 to not less than three
hundred millions. In addition to this, the
strength and stability of the government have
such increased confidence abroad that
she has a standing offer Of Il loan of one hun
lrcd millions from European capitalists, while
IN her own commercial centers capitalists are
lager to loan. in excess Of her wants. Ibis
state Of things constitutes 4 powerful fulcrum
.owards a successful carrying on and termination
# the war.
\ not less gratifying feature of the news
eceived, is the strong Union sentiment again
developing itself throughout the Union. Dur
ne the last fall, party spirit ran high, and
lnder the leadership Of indiScreet men, the tide
If popular sentiment appeared to flow strong
gainst the government ard the further prose
ution Of the war. But PARTY tactics and doc
rines in all countries sometimes change most
naccountably and rapidly, and we find that
ne tide of popular opposition to the United
tates Government, or cabinet more properly,
cached Its height sooner than was anticipated,
nd now begins TO ebb with Il tremendous reac-
on in its favor, and the vigorous prosecution
the war. When such men as Gov. Seymour
nd John Van Buren, of New York, and Judge
atron of Illinois, come out in the boldest Ian 4
iase in favor of sustaining the government
nd the war, there need be no fear of moral !
1I physical Srrr,r =, ..rr - ,, G.
'eech delivered in the academy OF music in l
cw York to 600 democrats, Mr.. Van Buren, Y
id /
such being the fact. I have no Hesitation in saying Tint I 5
oiiaIy agree 10 ;he resolutions that have been adopted. ,
am for he r-..-c.tir. 81 tF. war ,n,fI tEs
'e.lon Is wholly overtiro~n- ~lArTlause.l l am for destroy .
uthern States, aud this thing that calls itself q Confederate q
peace are entirely prepo,ierau= and absurd. Applause q
- being Tor the war, / am necessarily with everybody that Is =,
to e srtry : BODY Gsi hat SR !! for rs 10 r,'ss' ! al" necessarily 'P- =
This is bat IL sample Of the tone Of the leaders y
the Democratic party nog, whatever it was !
st fall. Should this reunion of parties con- :
nue. for twelve months even, the prospects of !,
e rebellion will be poor enough. r
The condition and prosperity Of the North .
this time are remarkable, and in singular con- ?
lst with those of the South. Although carry .
: on a war that must cost the nation at least =
q hundred millions per annum, yet its agri- -
ltural prosperity is such Jhat lis exports to =
Irope for 1868. consisting mostly of grain ~
ID produce, should they continue as at present, il
u amount 70 $500, COO, eco, to which must
added $50, eco 600 of specie The produce Il
ports from New York, from January l to hi
arch 80, amounted 70 So. eco, Geo and specie Of
ports were over SIS, 600, 600. To which must %.
added large exports of gold and produce n,
IN San Francisco and other ports. During tn
it, previous history, and during its most
years, nothing like this has ever hi
n known, even when it had a hundred mil w
rs Of Southern cotton and produce to in D.
de in it, tables. America las now become I'M
chief granary Of Europe, and her super "a
Indance Of corn and wheat, and -four, stock eli
markets of England, France, and almost ppd5
sry other European nation. Is it any Won thh
: then that Europe looks on to this great cit
uggle with amazcmeut. when her rulers and Of
,inets expected the very reverse of the pres -
state of affairs, when they expected that RI
ernaI dissensions. poverty and mob law would
ow the Southern rebellion? Is it any won
that the people of England and of all
,ope, when they feel and enjoy the benefits
the Northern trade, and agricultural indus ne
should veto any movements of their rulers -
interfere TO the injury of their best friend