, 1876-02-07
An English View Of New Workable.
preston in Tradc--Eztraya.
gant Living.
Contest Between Fashion and Poyerty--.
Insurance ConIpanios-..isotten
hatfngg 1janka.

Of yoar whic,, will lire in viii. It's celebrations
long uotoro ita oloso, nnd aaes strc the city
t,o,,dnv foot wlie,, ncooto vnnnr.,Iv ,,,,,v rot'
~. r., h' ~
como AK .heon "ny, anu tnou arc puzzled IN
trying 70 find At snaTer. or all Our largo ciseB.
New York ia iesas dstlnc.lvely Amsrl AN, MID
the hopes aud an.lclpasiona e1presaoi
.,..ts s,a., ,,a's. '0@'
Pateiotto so'o1fhs' thefo
senhe OF ro'ie1 III tho esca7o from year shas
has bccn frnuGht With intcaae do2resBlon aud
widn.Aproad ,ni6for,une and a rnnuIrr hr1ief
.b,t IN .or,o ,ndof,rod mn, roys, nr;o,,. ~
us.s,A,.,',,',' a'."", va. tuo
s8eas aoom a. fnnauoipaia "h' os'h2 back pros
pofitys lho ooaof itself Is not n very rational
ono, and tho fotms It takes hrs often absurlly
ox,1oorntca. hit IL l,as ureat dcnl In IN viii
ILL., 81, as 49,, 60. ~. ...,
s"o "'o".a =, A"u NF'o'1s.'"e '""s "'o .Ap'oS0ea
fo-day. uno chn scarcely "ondcs nt tho ca,et-
ncss with which tho fafnteat prospect Of better
tcrra that impcr,octly ln,ajcato nm III ,ott,o,,a
~. H.. ss ~. a.,,sa T.. ~. N.asea@ %a"Nr
e'"1"s'of " tu' 5p"t '.s' oou'a ~ e'o'y tofm ol
,nauasr, nr and s1o1ptss
tho real state Of tho case. Tho volume of trado
In aon,o trnnc,ea NAV hoyo ho,,, s;t,,a - nm,
:. eS w. - 1o1s .., ~. .,,s 4 "'' 10y; 10y;
iose 'haa III io'1 esen III 'ueEo 'nole favored
1fr. 4. T. Stewart, tho "dty.goola pr.uce," !"
ata,oa tl,nt f,ia vho}cpale t,nlo nnounch to I'M.
600 nm la.. .t,,,, T., ~, ,-.,a5,,. ,.. ~.
ss 49, 49, ~ Ia.tss ~. r., a"u '4a'
arts enormous wealth enables him to profit BY
tho Bargains which hard limos brings, anu to
,a, n p,}cee which In nt,,or noo ym,},. ,,,,.,-
IT,. = h.,,,.,,+.a.. ~. .,.,,, J.. .'at
years tue Ereat majority OF merchants and s:op-
kccpora have livod upon capital, aud the failures
which couetautly occur nrc tho cen.
aequeuces, not Of recent mlallnp
or of preseus unuoundness tn tho
course of trado, hut Of tho utter exhaustion Of
rosourcee. Tho suircrers hayo struguIod brayeIv
auaiuet odds under lilo homo that n turn In tho
lido would savo them and tAoy succuubao bo-
cause thoy can staud tho a.ran no ourer This
cirouinstancu has produced extreme caution, on
tic mart OF the banks whose ruanagort find or.
djnary ea]en1otions nnaet ],y m aInc5,enco wbIch
Ia almost vilhout rrecodsnt. lusncsa ia 10
'.honey -combed," tloy say, that Il il inpon-;slo
to teii where asa,stanco 5uay 10 ,,s,,,l.,.iy
rendered aud this ostremo caution. iunti.
ttcI as Il undoubtedly IL, ntlIs 70 tho
gravity OF tho L,,a,uass sit,,ation. The
hoilJay soasou, usually period Of liberal
exnen1ituro. llaa brou:,ht NJ, reiaf. A rrtaii
deslor iu fancy goods tolls mo that hts
Haie,3 hayo nyoratcd thnusantl dalIara Ilav In.
low tbose OF lust Cbrintmas. aud tic eteto,nant
hnrnaouixos With tle REPORTS of retailer. rnn.
nra}y ho hook trnde ", lYcra torr,hly f,nr, tl,o
sHoozo anl tbn EursI' ,uhIisnors ,,,st A bsuo suo
arencIea hare without an execution couuinin nf
loss on tho 7cnrn transactions Their tain IA thn
common ono, How tIle Ccutonnial Exhibition in
to cl,auge nlI tlts. fl IL doIcult 10 ,nlnu,,c IL
viii attract yastcIowds, aud New York viii nroi1t
by tl,oln quito as much as pE,lalolpaia
but lilo casual expoutlit,,roa WHICH crowds
i.uU}y will hardly l,ft tho tra3ipg o|.tBes
ont of the gfourh Of nsss,on5l. ia.
sides. tim uncertainties Of fcreo
Presidentisl contost-anI Aaron lin contest viii
Ills ycar bo-are aiwnya uufayorsblc 10 orx,Ina.
r. tralo. Tho reports with rogarI to tlo groat
Industries of tho country ars not tn,ro insirlt
iii larce humber Of f1rusees s,si fanmdriss
arc cloeud Toyoais the corditou Of tho irom n,an-
nfuetura. md tha innendtne ntnnnare of work
il the coal nines In ona Of tho rssn|ts Of the h.
ralysis that aea,cts groat productive forces.
s"tna rcna N tho ross ~ vnnon H an 1rn ra
TIM uooJa has arnbnrrasssd msny ,n,IIn, nai jel
to tha oinsinr nf ntbars>
Tho secnptod EXPLANATION of au ibis. ubot,,,,
reiotinp ia ACKNOWLEDGEMENT ar t. trntn il .,at lin
country is gradually gct.iov back to "lnrI.pau.n
,h,a mH a'o si, hatoro ao netat t @ gonason o.
nrocsss involves dc csatiur on tho ha,is Of Az