Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-07-26
3 or wan wAn.

so closely connected in, our day, that a
war between any two of them, or a
widespread internal conflict In any
one OF them, Is sure to disturb the trade
and commercial affairs of all: For
this reason, as we'll as upon the higher
grounds of humanity, such wars should
be always contemplated with regret.
One of the effects Of our own late war
was a cotton famine In the manufac-
turing districts Of Great Britain, and
great privation and distress among the
working people. This was a result
that the ruling classes In that country
did not foresee when they were hailing
the news of our troubles with so much
delight in the early months and years
of the rebellion and fomenting them
to the best of their ability. There was
similar privation and distress among
some Of the manufacturing population
in France, though not to the same ex-
tent, of course. We are now to con-
slider how the formidable war just
commenced between France and Ger
many may affect the United States.
Our trade with both countries Is large.
last year we imported from France
goods to the value Of $685. 1874, and
from the North German Union goods
to the value of $25. 270, 5S6 and we
imported to the same countries as fol-
lows: to France, $4S,871 ,876, and to
the North German Union, al, 252.0l5.
This Is a large trade to be so suddenly
interrupted. Their imports we can,
OF course, manage to do without. but Il
Is quite a different matter with the
goods we export to those countries, for
which our usual market Is thus par
TALLY or wholly cut of. Among the
latter Is one Of the Pennsylvania sta
piles, petroleum, which Is exported in
large quantities to both Germany and
France, 1t so happens, too, that we are
not in good condition to avail ourselves
of the compensation which war fire.
quently extends to neutral nations, In
the form Of increased activity in the
carrying trade as our shipping inter
ests have been utterly neglected BY
Congress. It Is worth while to observe,
also, that both Germany and France
are among the countries which buy
from us more than We buy from them.
There will, of course, be an in
corruption to the strong current Of
emigration from Germany to. the
United States, which has been
increasing so largely in volume for
some years past. Last year we re-
ceived 13a,S7 immigrants from the
German States, aud In the last five
years not less than 100000. This Is a
matter Of great consequence to the
whole country, but particularly to the
Western States. The French immi-
grafton Is comparatively unimportant,
the addition to our numbers from that
country In 1869 being but 3,l53, and
not more than %, 1000 In the last five
years. But Germany, besides sending
US population In large masses, has
been furnishing considerable quantities
of money for Investment In our Gov
eminent bonds, and for railways and
other enterprises. This will naturally
cease during the continuance of the
war. Other disturbances have been
previously noticed, such as the fiuctu-
atoms In the prices OF American Sc
curlties and temporary arrangements
in the gold market, all of which un-
settle business affairs and affect values
with US for the time, although we have
nothing to do with the war and are far
away from its immediate turmoil. So,
1t will be seen that we have cause to
look upon this European strife with
other eyes than those Of Indifferent
spectators. There Is one matter for
congratulation, however, about these
wars between the great military pow
ers Of Western Europe, they are now
adays "short, sharp aud decisive"
After one or two defeats In great
pitched battles, it seems to be the GUS
tom with the European monarchs and
their generals to consider themselves
beaten, and to listen with complacence
to overtures Of peace from the victors.
Thus, the war of 1856, between Prus-
sia aud Austria. did not occupy more
than a month, all told, and the active
campaign was all embraced In the ten
days between the 24th Of June, when
the Prussians entered Bohemia, and
the Sd Of July, when the battles Of
Sadowa and Keniggratz were con-
cluded. There Is but little probability
of the French-P russian war being
fought out in such brief space Of time,
but that 1t may not be a lingering war
we should all hope, both for our own
interests and for those Of humanity at
large.