The New York herald., 1877-02-17
PARTICULARS OF TIE new SOVEREIGNTY.
The Extent Of Its Authority and the
Sources Of Its Revenue.
PACTS THAT SPEAK FOR THEMSELVES.

against The rule Of the judges would find no other
cure other recourse. than that which tho children
Of Israel had in praying Tor KING This is matter
Of dread portcnt enough one would think when thus
presented but happily for the country and stl more
happily for the people this saving suppicaton IS
likely 10 be addressed III somewhat different guisc
now than was thought OF IN ancient Judea There
seems to be, II Is true almost instructive ycarning
In the human heart tor kingly government That in
hcrent feeling the human breast which goes out in
reverence lord has almost Unsuitable longing
70 serve. All the nations OF the earth, from early
civilization to the present time, have had their
kings in esse, matter by what title they
may have designated them, according TO tho fancy OF
the hour What right therefore have we to hope for
better exhibition than that OF fellows. all OF Adams
householdY Certainly none. trust to any superior
virtue OF Independence In nature different from
she rest of mankiud But, apart from that We have,
In the conditions OF life by which are surrounded,
these safequards--vz. tho entire absence OF prece
dents, Indifference to traditions and tho practical
methods of working out, shrkng, as the case may
be, each for himself. the primal forced upon
daily We are thus driven by an outside physical
pressure into eevatng to the highest place in our
thoughts the physical difficulties the physical ad
vantaees meet with in our constant struggle, into
good EVIL GENT whom we readily for the sake OF
familiar recognition endow with royal titles paying OF
course our reverence only to our bcneiactors; thus
reversing the usual form in respect the kingly
.horty which is used to being honored III proportion
It allegiance rather than receiving homage
In the measure only Of its bounty. Thus then II
Mr. Evarts was right, and The progress OF events
should provoke desire TO get rid OF tie government
oi the judges by seeking out a new King, that might
after all be OF the compe reserved
Tor the present evil
fNTEnRgGSCA
We have had as people somewhat protracted
interregnum since our once famous monarch King
Cotton was consumed in whrlwind OF fire and blood
OLD King Coal at time to be liked pretty
firmly IA throne among us, but 'Jolly old SOUL
tradition proclaimed him, he did seem TO thrive
IN our atmosphere, and quietly abdicated. Royalty.
alter these disasters whether in the form OF king
kaiser, in sad disrcpuc with US, Immediately
following dual experience this kind supplemented
by reign of Shoddy, and II almost seemed as If
might look forward to septcnnate of unsecured
allegiance, when out Of the very condition Of things
spoken OF by Mr. Evarts, putting only 'politicIans
in the place Of Judges comes that relief essential
to national prosperity, aud new sovereign is born to
us. Coming with very considerable show Of legti-
macy, dcs :endant OF King Cotton, whose treason,
be 1t noted, worked attainder Of blood, Prince
Calico, shcritng the prestige OF his uucc's early
successes, seemed predcstined to the highest royal
dignity, TO which may say hc has been
raised amid the accamatons of n very large party,
who, grown tired OF the struggle elsewhere to
ain the popular will, trust to the benehcent reign
jf King Calico thus crowned TO draw the whole
Try this time without respect to sex, age, race, color
previous condition OF servitude, TO his support The
extreme danger then with which the dstingu gushed
advocate of OF the claimants for the Presidency
seemed to alright US proves on examination to have
orearncd against by the people in their sovereign
individual capacity With "a plague both your
houscs to the conflicting parties and an absolute in
Inference IN business way to the result OF their
lroversy, the country turns with relief TO It's
King, pIedgng It's allegiance to him IN the resolution
that hencetorth be the pollca situation what 1t may,
there stl shall be cakes and ale for Brother Jonathan
ndepcn ndent OF who fills the federal Offices. while Mrs.
Jonathan and daughters Will not wait any for
styles upon the speculative disposition of return
ing boards "With all my worldly goods | thee
dow is what he said when he married mo, Mrs. J.
recilcs ''but found out it meant only sixpenny
calico print year, and now to have that put or
because the President amt elected yet is what
won't stand" And she didn't but went right out and
bought 1t.
KING cALrcos HOME TROUBLES.
This just where We stand in respect to the opening
conditions of the dry goods trade u this OF hope
1877. The renewed activity which marked
check in the closing weeks OF November because of
the political which then seemed threatened has
breasted this repressIve influence and exhibits itself
in greater strength than ever. There Is even
great hope that this upheaval Of popular necessities
over time -honorcd expectation that business cannot
he looked Tor pending Presidential contest may serve
to aside this allacy forever That the serious de-
lay which too great respect for this legend has
casioned the revival OF the industrial activities OF
the nation at time when all the material conditions
seemed to favor and stimulate such revival may
work an absolute divorce between politics and
business, and the people, resting IN the con-
vlction that their liberties cannot be wholly
stolen from them by set OF politicians all they
need do is 10 change them about once i a while and
make them do alternate guard duty set upon the
other. without further bother Iu the present
case. however this lesson. like all great lessons has
been learned out OF the very necessity OF providing
for current wants The history OF
THE DRY GOODS TRADE DrRisG THE PAST THREE
has been. for the first two, record OF the most rigid
economy in respect to domestic pton, and for
necessary renewal, tearing the chance OF s,i
lower prices always looked forward 10 until the tide
strongly contrariwsc. How this feeling manifested
tsc here is an old story now Il is only necessary
deal with tie result II worked out condition
present In the market That condition is the absolute
paucity OF stocks the hands OF dealers Nor that
all, this interruption OF any forward movement,
coupled with other difficulties sufficiently well known,
checked production right at the mills 10 such an ex.
during the last year that estimated the
kct 10 short l30, 900 cases or prints alono
with which to open the spring season OF 1871
MS GROWING DOMINION ABROAD
This brings US 10 another very important fact by
virtue Of which King Calico CLAIMS our allegiance
1t is observable, IN the first place, that Of
the total weekly exports about one-thrd goes
Liverpool and London, with share 70 Glasgow,
while South America comes In tho order OF bry.
ers the balance being shared between the West Indies
and the Dominion OF Canada The South American
trade OF course woaid seem 70 present the hope oi
quickest development al the present tmc. but the pos
sibiIitics oil very active and growing competition
with England in her possessions IS no longer
chimcrical Wow the part OF our manufacturers On
the contrary II is already looked forward 10 with
agency needed 10 kccpa sale balance between produc
tion and consumption ut home Of course the trade at
th IS time and must tor some time be competitive IN
price In other respects Just as IN the trade now IN
fresh American bceL which, aftor paying the cost or
special cargo be sold in steaks Liverpool cheaper
han u eau be bought in similar shape up town IN New
YORK A margin oi profit must be sacrificed to make
trade but the being secured tho larger pro-
III viii ensuc. recent cable informs Us now keenly
shc British manufacturer scents tho danger