The New York herald., 1869-03-28
and tea shall nnd clue TO the condition OF ths
mass OF the population

anu anu yea We sha nnu clue 70 the conditlon Oh the
1854 1857. 1888.
Import o. conee. ....... .ass,aoS ASSOC 4c4,5ss
Import OF tea. ........... 2582 3075 3,234
doree and tea minister 10 the animal pa, Of our
nature; bur II we take The article OF books they bear
slmiar evidence to the increased demand for foreign
productions:-
1sah 1867 1898.
Import OF books........ 20,4s6 26sO0 2s,7oo
Tie moralist always shrugs up his sho ilders at
speculative periods such as that which Is rife In
conscious or unconscious friend OF o bank 'screw"
which brings on sucIr crash. But for his consola
ton VIII add that just in proportion the love OF
Investing In joint stock companies has Increased
mas the love OF buying lottery tickets diminished.
Now, contend that it ls better 70 gamble IL bank
ana railway shares than To gamble in lottery tickets.
Another result OF. the speculative mania Is o great
anu sudden increase OF imports, which is not coun-
consequence and in the teeth OF the ever increasing
CONFIDENCE q slow but steady increase In the pre-
august when 1t was eleven and a half per cent. to
tweny-one, its present ngure. The increase OF
hdence, moral factor, tends 10 lower the premium
but the increase of imports, consequent upon an
augmented demand for labor and commodities and
lower tarin, Is material factor, which overbal-
aices The moral factor above mentioned.
OF course the upward movement OF shares and
scrip will 90 on IN obedience its own momentum,
until It meets with sudden cheek; and. as Provi-
that sudden check viii come ere-ere whenl-well,
20 DC SAFE let us say before the snez Canal Is opened
10 the public; but as sudden collapse OF inflated
values ON the Vienna and Pesth stock exchanges
VIII not be accompanied here by any currency panic,
with its Widespread disasters the guilty or the
1ooltsh-in other words, the participators In this
wir OF speculation-wlll alone suffer, and the pru-
dent. steady going person, who holds himself or
the west OF Europe, especially In England. cur
rency panic always superveneS and that strikes right
ana iet, confoundng the innocent with The guilty.
IN Austria ana hungary rs IN the United states,
the customs duties are payable in coin but ai com
Is not III general circulation the importer IS obliged
10 lose his time LII purchasing 1t from exchange
brokers. In the open country where exchange
brokers are not at hand the importer often Is Obliged
to let his goods lie for days ii the Custom House be-
cause he cannot procure the coin necessary to pay the
duties. The mercantile community OF Prague hay-
lug iet the evils OF the present SYSTEM are DeStrrg
OF the law as viii allow them to pay the equ'vaent
or the coin duties III the legal tender paper money OF
the empire. They say that the government may gain
by the change. as the importer will always be Wiling
to pay per cent IN excess OF the days premium
on SILVER in exchange for the privilege of dscharging
his liability the current legal tender OF the realm
aunt, this, to General Butler and his friends.
The Policy Of tho Emper0rss Visit to Croatia.
according to the IndeDendG1sce. special political
importance. He goes as constitutional King to pre-
sent himself to people profoundly attached to his
dynasty but who have only within short time been
in the enjoyment OF their political rights. The
presence Of the King OF Hungary and OF the king
uoms Of Croatia, SclayOnia and Dalmatla viii seal
tie renewal OF the pact recently concluded between
the crown OF ST. stephen the annexed countries.
Tie only black point that may disturb the horizon Of
the imperial fetes the Daimatian question. Never
theess the Emperor WILL in succession. visit all the
ports Of thas country, Us well as Trieste.