The New York herald., 1863-10-21
British Trade with america.


The effects of the in America in its bearing upon
the prosperity of England can, at the expira
tion OF two years DO csicua.ea w S sh ~'
dent expectations formed. 1t was general impression
prevalent among the statesmen or Amerca-partaken OF
by the South to very considerable extent, and openly
avowed and osenatiously goried 10 by the leaders OF
tho Norththa the war commenced between the federal
and States would lead TO the humiliation and
extreme vexatn OF England Cotton was asserted to be
king. On his dethronement the commerce OF England
collapse and the employment Of her population 70
cease Tho merchants OF Liverpool to nd their
cupaton gone the manufacturers Of Lancashire their
mills stayed; the shipowuers OF London their ships
empty by the side OF deserted quays. National bank
ruptcy, universal suffering, mutual recrimina
Involve naand n ons vast oso GRIEF
ruin and confusion These prophecies Of evil have met
with very partial fuidment The immediate result OF
the sudden withdrawal OF the staple OF cotton consequent
upon the disruption OF the American republic was great
suffering The calamity, however, was OF local rather
than OF national character II confined In the area
or its operations limited TO particular Glass; proved TO
be Temporary rather than chronic by the period Of s du
victims and by the active sympathy liberal contributions
patriotic of all ranks for the ameoraton or
the sufferers This cloud having passed away the results
of war seem likely very limited as to their effects
upon the general commerce of this country me maei
strom which have overwhelmed aud engulfed the
prosperity OF England has exhausted its violence on the
shores and plains OF the country whence IL arose inc
Dutive Nemesis, have been compelled by the very oxi
gcncies OF their position TO assist in aevating the
upon ourselves The exports TO America which in 1860
the yeaT previous TO the war; amounted to 12l
60 SOO have again in 1852 the second year OF the
risen to the value OF Ga 1893 SO7, SO that In the
space OF short wevemonth, with continued war ana
an unntcrruped blockade of the Southern ports (who
best customersl, there has been recovery OF ne
International The eent of f5 100000 serIina
The analysis of this revival is most instructive II Is not
confined to ammunitiOns of war. These, as might nave
been expected, have largely increased Legitimate COM
erce also received stimulus from the gvedler demand
ys Ansrtcan market for articles rendered necessary oy
the deficiency Of cotton. The increase In arms, ammun
tion military been 1855 ,SU5 in saddlery
f40 000 in COAL fl50 000 in steam engines, f40O OOO
There is further increase in metals, including all
81 Ooo 900. Allowing this large sum to be equally
divided between military stores and the require
ments mechanical arts Of peace 900 OF this re-
vived trade may attributed the exgences OF the
ITSELF Tac remaining ass the results Of
crease in cotton piece goods 5ss os thread sewing
f1l2747, porcelain, fl04 1853 linen goods O3l l69
stnns. eloso7s Che whole sum under this head being
fIl42 carpets and druggets Gl0ss2l other arti
toia,y an Increase Of ss 900 Ooo which may fairly be
reckoned to the renewed claims of legitimate commerce,
finding substitutes arising from the demands Of the
another Indirect way which the mischief mcditated
by the federal States against England IN the blockade
raj commercial prosperity Of the country assisted and
that Is the greatly augmented increase Of expor
tations One necessary result OF tho prolonged war
fare has that the Northern States a considsra
Die eaent carried their ade uat other foreign countries
exports OF egn and colonial merchandise to America
which in 1861 only FL s6l ITO has risen 10 1852 to
and singular to state that OF this large sum less
than FL S65i99 was received ior the Ieexportaton OF
f2,ooo000 thus gained by our shipping, added to the
f5.000000 accrung from the revival OF our trade d.
merce Of this country by present internecne
the comparatively Insignificant sum Of fs 900 900. Ano
be put IN tho scale against this calculation Of our losses
Tho present trial will be IN itself O source Of ulti
%.ss sys an pn: n
several colonial dependencies adapted TO is growth
py, and BY preventing our sole dependence for the
luture on the OF any one country or community:
Has England suffered 70 the extent that wss anticipated
at the commencement OF the strugglef Has the power
been equal to tho wish TO hurt her or mas the Nemesis
Of already with an impartial hand distributed her
reributionS The actual mischief doue 70 England has
been, comparatively speaking. slght-a local calamity
nution Of hor commerce the extent OF f6 oOo
gradually be made up by tho increased requirements
he Il Sw So
easy he borne by fruitful harvest 1.-THE gift Of
hostiltes, or domestic commotion, or any other
causes disturbant OF the general prosperity, The
r A national debt incurred in the short space
Of two years, amounting at the lowest computation TO
away at no distant day in the dshonor Of national re-
pudaton) vast and prohtless slaughter In battle, af
ss sypn ~ eye Ss IN ne
sion Of nerce and awless populace conscription 70
sisted by conflict IN the streets rather than by con-
present suerngs, the fear OF greater caamitcs likely
from divided administration from further anti
cipatcd ccesion OF the dsunted and dsoganized popu
atons The evil wishes expressed towards England at
the commencement Of the struggle have not been re-
azed The OF the Northern States according TO
the Eastern provcrb have come, like chickens, home to
roost whatever be the ultimate result OF tho existing
colossal and inernecine war; only wish Is that the
American republic, whether divided "one and ndi-
vsbe may learn wisdom and self restraint from the
cup Of suffering Of which Is drinking to the dregs
THE PRIvATEERS.,