The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-03-27
Trade Brisk and Confidence
Re-established.
Our MONTREAL Correspondence.

Our Montreal Correspondence.
MONTREAL, March %, 1865
The excitement regarding the Fenian movement has
died away such extent In this busy city 70 cali
for praise Of the peoples good In fact from what
now see doubt very much II the excitement as
high has represented, for there evident
to the most casual observer calmnoss and quiet which
can hardly be Of very recent growth.
A DISCOUNT.
The stories about the upon the banks and tho
hauson Of specie among the first reported ults
Of the excitement II such the case, it Is very Elm
guar that specie the present time is depreciation
OF four and Ave per In comparison with Canada paper
money. Specie Ia indeed abundant, so abundant as a.
most TO be nuisance, and yet reported that tho
precious metals longer in requisition and had
vanished AZ rapidly "Spanish quarters" when
Congress suddenly and violently reduced their value.
GREESpAcKs Favor
To an American, who here any iims during the
Southern rebellion and who remembers the jests and
contumely with which the paper money of the United
States then regarded It Is matter Of much compla
ccncy observe the in which the long nsulted
grceubacks are now esteemed. They placed on Q
par OF course with gold trade exehangeabe
readily a. the paper money Of Canada There Ia no hes
tation there used TO b. about the exchange Many
Of your readers will remember that the brokers hero
unwilling To deal in them as in wildcat notes
Yet to-day they pass their counters with all tho
readiness Of the most desirable paper.
PRoFTTIso ny THE SCARE
Montreal In business point Of view, doing well by
the excitement There an unusual activity created ny
the presence Of large garrison, and the stores and ho
tells are transacting lively business. The soldiers meet
you a. every step-On the street, where thoy josie
you on the circumscribed sidewalks 10 the barrooms, IN
the billiard rooms-everywhere, in fact, about the city
The cavalry ar, etcrnaly dashing about the Streets
barking their shns against the tying cutters for the cav
airy DO Il remembered does not rs yet embrace most
skilful horsemen. Tie officers belong TO the ''dem
fone" SGT. Dressed in fur-edged overcoats. neatly
or Ct small canes and dead Of side whisk.r, and ogle
the girls the streets, lounge most gracefully round
the hotels and public rooms THE 'front.' Is an cxpces
sion here with much frequency though that
locality suggestive Of the presence Of the enemy,
really existed
no CAUSE FOR ALARM.
II h time that the bubble OF Fenan invasion were ex
poded The leaders Of the confederation scheme, Of
course use IL now as 'good enough M0gnu,o until tho
two mouha Then It will have served Its purpose and
will be among the thugs that or the Stiffness OF
this any who has travelled along the border
have become convinced. In my tOurneyng during
the present excitement have passed along the borders
OF Vermont and Northern New York, whence the in
vasion most dreaded, and have failed TO discern
the slightest cause for alarm 10 our Canadian neighbors
ANOTHER BUonEAR.
The bugbear which u taking possession OF the
volunteer corps enlarged sufficient extent TO
secure, promise secure efficient de ence. II ID
this possible contingency which has already sent many
Canadians into the United States, which, now resting
long war holds forth the most encouraging pl os
poets for industry and labor.