The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-03-02

The Spring Trade-hischicvous Enects OF
Hadicalism.
There Is very general opinion abroad that
the spring season will not be so prosperous
one for trade as 1t ought to be; and II all the in
dications should prove true we will know at
whose door to lay the responsibility. The
radicals in Congress are keeping the country
in very unsettled condition for their own
miserable purposes. In all stages OF Q
semi-revolutionsry state Of things In every
country commerce receives q ne we're check, and
we cannot expect to escape results which are
inevitable all over the world. There was good
reason to expect that before the spring season
opened the business of the country would have
settled down into its old channels, that the
South would have been reconstructed, its in
dustry partially restored, and that consequent
demand for goods would be created that might
justify the calculations Of merchants in import
ing largely. But owing to the action of the
radical faction in Congress these expectations
are very likely to be defeated. Had no OBJ
strucHons been thrown in the way by the mar
plots in their vindictiye opposition to the Pre-
sidents policy the South would to-day be in
position to open a trade with New York and
the Northern States generally, which would
have increased tenfold the trade of this city
But in the present state of things, and in view
of the proceedings in Congress, how does the
matter stand?
Industry In the South is paralyzed. Capital
lists are discouraged. The sources Of wealth
which might have been developed are still dry.
Our merchants have imported very extensively,
basing their operations in a great measure upon
the Southern MARKET and the Southern market
is very likely to fail them as long as the Jaco-
bins continue to pursue their present course
The bonded warehouses are laden with goods
Bills have to be met on the other side Of the
Atlantic to pay for these goods in September
How can they be met if tho calculations upon
which the purchases were predicated are frls-
trated by faction in Congress? Governor
Orr, of South Carolina, stated the other day
that that State was in a fair way of revivng
her trade and industry, but while certain mea-
sures were in consideration in Congress capt.
talists were holding back, and her progress
bad received material check. The same is
true of many other Southern States. The cot
ton and other plantations along the Mississippi
where Northern enterprise and capital were
just beginning to develop themselves most
hopefully, are now lying comparatively waste,
in consequence Of the unsettled state Of the
country. The radicals have put the times out
OF joint Not only have they placed the poll
tical condition of the country in jeopardy, but
TIE financial condition also. The effect OF their
Ubiquitous course is felt upon every interest,"
and II will perhaps first touch the commercial
affairs Of this city most severely. Tho conssi-
tuents Of these men, all over the country, may
soon find the shoe pinching too tightly 70 be
any longer borne. Withon. being alarmists or
desiring to suggest q revulsion ~ at hand, wc
cannot tail TO see very serious embarrassment
TO the commerce Of the country As the result Of
the conduct Of the Jacobins in Congress, who,
for the sake Of maintaining party power, are
resisting the return OF the whole country to
Its former prosperity.