The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-12-17

should be regarded as quacks, the same as
uneduoated doctors are. We start the idea,
and hope our wealthy and public-spirited
citizens will carry it out We might even APP
peal to the selfish motives Of our people; for
besides the qualification and advantage this
would be to their families, ii would increase
the prestige, power and wealth Of New York
Such institutions have done very much in
making Paris the attractive city II is-in max
ing 1t, ia fact the centre Of all that is refined
and enjoyable in Europe. We lay down no
plan at present, but call upon our citizens
to take the matter up, discuss II thoroughly
with all the light that can be obtained from
Europe, raise the money. get proper charter
from the Legislature and establish a National
Conservatoire In the city Of New York.
Our Foreign orrsspondencc-Cottous and
Labor I'm the East.
By the very interesting letters from Egypt
and India given In our issue q few days ago,
our readers may trace the effects Of our war
In that remote quarter Of the globe, ana see
another OF the ways In which the diamem6er-
ment and ruin Of the United States WINS ex-
peesed to build up the British empire.
Upon the first cotton embarrassments, when
the war and the blockade stopped the supply
Of the great staple, and II was feared that the
English mills would stand still, and the distress
of the lsb0ring GLASSES would require severely
repressive measures, the Importance Of getting
cotton elsewhere became apparent. 1t will be
remembered that India and Egypt were the
places especially named then az lands that
might eventually rival us in the cultivation of
this product. The topic made its noise in the
British papers, and went out Of sight in due
time. And now our correspondent In the East
shows us the operations of those schemes in
the places at which the experiment was made.
AT Bombay 1t seems 20 have given rise to an
epidemic Of speculation, and to have turned
the heads Of business men as eAfectually rs the
heads Of every GLASS In France were once
turned by the grand Mississippi scheme Of the
'nencier Law. While the growth Of cotton
went on 10 the interior every one at Rombay
went crazy with the notion that there would
not be room at that city for its shipment, and
companies were organized to reclaim marsh
lands in its precincts. The shares of these COM
panies were sought with such avidity that they
ran to the greatest height, and men who held
them became milli0naires as the PROCLAMATION"
went on and the cotton business grew; but sud-
denly the war in the United States came to an
end, the price Of cotton came down, the re-
claimed lands we're not needed, the million
aires became beggars in day. and that par
ticular part Of British India awoke from its
dream of ACKNOWLEDGMENT and commercial glory
founded on rivalry with the United States.
The cotton produced in india was at best tar
inferior to the staple produced here, and that
grown in Egypt was poorer still--so poor in
fact as to be worthless for any but the coarscr
qualities Of goods. The culture in Egypt has
been abandoned since Che conclusion Of our
war; and IT. was never carried on with any
special vigor or promise in consequence of the
unfavorable condition that labor is under In
that country. Labor, as our correspondent
shows, Is now In the East as 1t has been for
hundreds Of years--in the lowest state, and not
In its least miserable condition in the British
dominions. AT Bombay 1t is shown that the
laboring classes are in q. worse state than we
In this country can conceive possible even with
all the experience Of the disorganizing influ-
ences Of emancipation. Will not the London
Times give to this subject some Of those homi-
lies that it loves to give TO vs. on the various
terrible results Of our war;