The morning star and Catholic messenger., 1875-04-04

ures in the came direction. One of the
most popular of these is the arrest and ex
palsioD of immigration agents. Another
less coercIve but more seductive, ia an
Dounced IN telegram t" the London
papers This is roughly described as
scheme to sell on favorable terms, to the
emigrating class, large tracts "f the crown
domains thus thrown open to agricultural
and other purposes. Bat the causes which
lie at the bottom of German emf igration are
more serious than any that can be remedies d
by the sale of a few paltry acres of land.
NO German American shou d fancy that in
flying from the hard times in America he
viii return I" easy times III the Father
land. He will no more fnd the Ell Dorado o
here 10 Germany now then he found it
years ago in America. The general cry of
dullness in trade is swelled not little by
the voice of Germany. If wages have
been reduced 20 per cent 10 America, they
have been reduced 40 per cent here if
there are hundreds of unemployed men in
New York there are thousands in Berlin.
Last Winter this city had difficulty in End
ing street laborers at two thalers per day
| this Winter an indefnite number can be
| obtained at twenty sibergroschep, or one:
third the price. Ii the great mar ufactories
in America make wholesale reductions in
wages, those of Germany make wholesale
discharges of hands. Hardly a week passes
in, which The International Gazette, the new
American paper here does not report such
events. The reason is that it is impossible,
at any rate of wages, to sustain large
production and the concerns find it easier,
therefore, to close their works. There is,
in short, almost an utter prostration of
business. The National Zeitung this morn
ing makes a frank confession of the fact
1t admits the distressing condition of trade
in general, and especially of the drug in
the labor market; and draws, on the
whole, picture which would not encour
search of fortune. Moral: that the National
Zeitung confirms the fact on which have
insisted, and which was indeed clear to all
but too patriotic eyes, that the extraordi-
nary business prosperity that followed the
war was unnatural and could not endure.
after the close of hostlities should
have been marked by an abundance of
money and an abundance of labor. The
Indemnity was passing into the country,
and was increased owing to the universal
delusion about the future of Germany, by
large investments of English capital.
There was plenty employment, even IN re-
pairing the effects of the war-I mean in
restoring the railways which the war had
severely tried, and in enlarging fortifica
tions. Of course the abundance of capital
gave rise to a reckless prodigality in all
sorts of private enterprises. New railways
were undertaken, great manufacturing
established to rival Krupp, and
ship yards to compete with the Lairds
were organized. Above all, new and costly
houses sprang up in all parts of Berlin and
almost every other city. The most pop
ular form of investment was in stock com
panles and the multiplication of stock
companies in 1871 and 1872 was marvellous.
Money was plenty, wages were high, and
bod carriers drank champagne at thor
daily work. Bot this did not last, and |
could not last. First the stock companies |
began to totter, aad at length there was a
general crash. Then wages began to fall,
while the necessaries of life were statIon-
ary. The fortreeses were completed, and
of workmen thrown upon the
market. People began to leave Berlin on
account of high prices until the evil spread
and distributed itself throughout the
The stock companies went to
pieces one after the other in all the chief
cities, until that sort of organization be-
came another name for everything un-
stable and treacherous. The new palaces
Of Berlin stood unoccupied, and fewer new
,nes course begun. In short, a complete
has taken place, in spite of
i've milliards it Is to day very difficult to
'aise money, and etlll more difficult to re-
alize it on Investments. Now it will help
10 emigrant's fortune to return to Ger
many, even if he escape impressment into
he military service.