The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-04-24
The Business Outlook East.
Falling OF In InmIgra1ion-.Lighr
ETPaveI IN EnroDe...HnuRea for

Falling Of In 1mmIgraIton-.Light
Travel to EuroPe.--HOuses for
Rent. ---.s3 --fy.-- q !.
Extract froma New York Lette: In the Cihcin-
natl Commercial.
The immigration to this port from
Europe has been dwindling down during
the last half year, till it has become
smaller than at any time since the war
broke out, thirteen years ago, and since
January last has been about two thirds
lighter than it was for the corresponding
period of last. year; It is now evident,
also, that the outgoing current Of Ameri-
can travel to Europe is TO be very much
smaller, for the present year, than 1t has
been for many years past. Doubtless not
q Jew people have been frightened from
the ocean by the numerous disasters
which have recently overtaken passenger
since December last, have almost driven
out of existence the once favorite line be-
tween here and France-no less than four
of its vessels having gone down within
that time. & ..rs.r-.I
We have always had pretty steady
run of ship-wrecks on our ocean highway
to Europe ever since steamers drove away
the old sailing ships, just as there had
been OF sail ships in the days before
steamers appeared. But yet, for all that,
the recent succession of misfortunes, at a
period shortly, before the opening of the
travelling season, has very materially had
a bad effect. There is far moro potent
influence than this, however, which is
cutting down the rush of pleasure seek
ers to Europe. That influence is tho
hard times. People have been. looking
for the September panic to blow over.
They have supposed that if Congfess
would fix up the finances all would go
right. They were hopeful OF a brisk
spring trade, and a revival OF business,
They have fancied that good times must
quickly come back again. But the skies
signs that do not look as though there
would be Frightening up of the pros
poets of the moneyed, mercantile, prop.
erty-holding and speculative classes any
more than of. the industrial class
.es. For instance, T never before
saw anything, like the number of
stores and business Establishments ITO let"
lat this season of the year that there is at
the present time. Well, now, the stream
of American travel to Europe is, and will
for the season be greatly reduced, owing
to the fact that the prosperous class
which indulges in such travel is much
less than it has been in recent yeaiTe vi
is customary for the rush to begiirself fe
this time Coward the close of ATium. s
last year at this date all the bertlIs-the b
faYorite steamers gong out were eng are
for many trips ahead. None of the GTror
panies and none of the ships have M3.
such experiences this year, and all ofthem
know, by their advices from their agents
through the country. that the season is to
be far duller than any other has been for
q long time. i hear that some of the lines
intend to reduce their prices after the 1st
of May, but I.don't believe that this will
help them much. have no doubt that,
owing to the immense decrease In the
stream of immigration to this port from
Europe, and the great falling off in the
amount of American travel, to- Europe,
quite number of passenger steamers will
be withdrawn from the various lines dur
ing the next few months. s.s