, 1870-01-03
MONDAY, JANUARY 8, 1870.
THE WoRK OF TIE NEW Y1AR.


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to"ea e7apI'a' piooucea na1s teAu. ~ ~
me 1ate u Interest pau 1pon H. 1ns'a1,o
nna oonIaneool Iufope are constantly
lenang money IN canad8' ofazn. hnss1e'
4ndia' Anstsa!a' Me1ieo. often the lnte1-
ess acc1ulne Is 7ooeo 10 me investment
Lib em'erat1on OF unemployed captal as
rs healthy Is the concurrent emigration OF
unemployed Labor, and, as no other country
Affords go ample and inviting field for
either, 30 none has less need to fear the re-
Bults. Although, ,thcsefore,so some Sl,2oo, ,0oO,-
ooo OF fofelsn capital have within four years
found investment in our national and other
securities, there Is nothing to show tha.
Still increasing amount Of foreign capital
may not, at all times hereafter, seek like
investment. As the national debt is paid
OF, the same capital Will seek new invest
neuts IN our railroads and manufactures,
MINES and iarms. Ihose who fear q day OF
Judgment coming az the result OF the IN
c1eaang investment ot forelgn capital IN
ILLS country, may taae comioft IN me as
sef'nee 'oa., ~nen .aese investments 1a!l
aue' ley VIII % palo ~ rs" 'o5e'sn capt.
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e' o1
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ni' ooo1"eii as d teason why We snonlo
noI ieSume' Il 'nete .suu1e 10 recognize
s'naolng 1ac' Ia PoliueA economy Enlen