, 1865-09-19
oER CNCr.Isy1 YtISrr,ons.


TIC distinguished guests who harn Just
been entertained in Chicago, were welcomed
ll4rc with hearty good will TINT will not be
generally understood without fully appreciat-
i.e their position, their business here, and
vAcm and what they represent.
They represent the progressive, se1Enadc,
ontcl pvising and democratic element OF the
English people. They represent the foremost
Of The men who run the railroads, mines,
factories and shipping interests Of Ens2and-
vino appreciate republican institutions To
degree that subjects tlcm 10 tho charge, on
Inc part ofth landed gentry and aristocsacy
oi England, Of being 'Americaoized.' Politi-
chilly they are disciples Of Richard Cob
cen, Join Bright, john Stuart Mil
md I'craaPs Of Mr. Gladstone at home
their war against aristoeracy md class psiyi-
lt:cs isno less determined than ours has
bcc6. though II progresses more slowly.
Their business here WIS one most fattering to
Ctr j'1iIc, btccusc II assures us that foreign
capitalists see In our condition that security
without which they will not invest capital.
VI have sometimes felt burdencd by the vast
Immigration Of labor from Europe. but hero is
Il 11.ti2otr, MI immigration Of the highest
SKILL mud OF that all.transforM1ng capital
wAitn is 10 business what blood l. to the liie-
III; pledge Of AR. Mc1icnry, which Is hlwnys
4 c ltr Ill tLa1 Lis Wo1ds cover, appeals
s!i.: marc powerfully to our ita1nediute inter-
cs:s. Tic suites that himscli, and those he
rcr,cscnts will carry a double track, broad
gauge, railroad from New York to Chicago,
will, valuable improvements il communi-
enticC, so as 10 send at lcast four
express trains per dny from this city to the
EaSt, rad to carry corn and other produce
frcm Cl,ccso 20 New York uudIz forfeiture,
within i,e days, Z. . much lower ratio OF
hciglll Than has ever yet been charged, and
this mol Oily IL the summer, but also during
Tic winter.
lie further states they wili he abls to do
Ills q: Largo profit to themselves, without
Ml.icl. lLcy could not undertake IL, and yet ut
60 much OF reduction from the present ordi-
Ecry rates Of carriage as will, he believes,
amount 10 clear profit to the State OF ILL
uois Of one hundred millions Of dollars an
nlsany. AS MIR. MclIcury has located My
millions OF capital for the sa2ne parties during
1le past four years there l. no reason to doubt
that lis statement is The announcement OF a
well settled tact in which every farmsr and
business man nj the West has m interest.
We lave frequently called attention to the
tact tL:t, with our present means OF TRIMS
Icrtation, the agriculture Of the West seems
10 have reached its maximum, as shown by
the fact TINT 50 many Of our farmers arc
driven 10 raise stock, as a means Of getting
tltir produce tn market at lower rates Of
FRIGHT. II las also seemed inevitable that a
r.cutlrsc must he lad to somc means Of stim-
u!a1ing manufacturing, mining and other
branches Of business at the Vest which
Eould enlarge The home market for Western
produce, by diminishing at least relatively
trcm the fcod producing and adding largely
to t:ic food-cons,smtng element. This deyel
ormcnt efmnnulaciurcs and mining must ulii-
1aate!y result from tllc embargo laid
OF transportation Ivy the heavy
arcights to the East But II By
new rnflrond enterprises transportation
caE bc reduced, our people will not complain
because the growth of Western manufacture.
may be delayed by It. Gnr Immediate In
tercst lies In the cheapest possible means q
communication TO the scabosrd, and will
Eu.lnnd. Nor Is il ai1er all remarkable tha
English capitalists should seek to pefc-
those ynecns Of communication here rs they
Co in India, and wherever opportunity oae-s
si.cc that cheap ccnmrn1catio1 with England
which VIC accept Is substitute for huln'
manufactures and a home market, Is to Grca
Britain tho sole means Of her CONNER
c:al supremacy over the world. Tn
capitalists Of Great britain can We,
aUu,d. therefore, In the largest view
cf t%,fe fha rr1Srr