The daily gazette., 1880-12-30
THUEsDAY. DECEMBER 80. 1850


metropolitan journal that he does moi
find containing column article, eithel
original or selected, In which the pros
perous condition Of the county and III
Iecuperation since 1878, is not dwell
upon and pointed to ~ being something
some OF our American euIIors nat
grown little wild ON this topic. But
they have been equalled, IL not entirely
outdone in their glowing descriptions Of
our prospective future, by the English
editors within the past two months.
The london Times, as our readers may
have seen quoted In these columns,
says, In referring to US "rhe half
ruined peop!e Of 1865, with their con
sois at AZ aud an irredeemable paper
sarrency fuctuating 2 per cent. in ali
hour, have In 1880 the credit Of Grea
Britain, and could raise f300, 900, 600
for . war. There never was such q
financial triumph In the history Of
nation, or one which reflected greater
credit on its authors"
We hope our people will not want
TO raise money for war; aud if they
will choose otherwise til y will not;
for there is no people that will want to
force us into war. The Times con
tiuuing says:
"This year the immigration has
suddenly swollen, until half a million
Of people-the population of two eities
like Leeds, or Of two counties like
Suffolk-have entered the Republis,
bringing with them cash equal to e5,.
0O0, 900 stearling at least, a new labor
worth 10,000,00 year"
Again it says can who will work
obtain living, and the immense ma
jority Of the population secure one
which, though not without sordid fea
tures in it and an element of grinding
anxiety, is regards fsod, clothing, lodR-
ing and education, distinctly better
than that Of any large popula ion In
the past or present OF the Old World"
Coming from the great leading jour
nal Of the most wealthy and enlighten-
ed Empire of the world, these are NO
empty sounds, such as we often regard
the boasing comments Of the New
York Herald and such like home jour
nails. 1t is the "rhunderer" that
now speaks Of the Union in such eulo-
CYSTIC language-the same journal that
not more than a generation ago was in
the daily habit Of ridiculing the peo-
pie It now refers to in such nattering
terms. We ought to feel proud OF
what these Old World people say Of
Ms, especially as they attribute oul
success to determined spirit Of econ.
ony since 1878. But it must be- re
membered that we are still heavily in
debt, and that while government maj
be reaping . plentiful harvest from
taxation the people are hard pressed
to pay it. We might quote article,
from other English journals convey
ing the same or similar language. We
do not know that we could In au,
way more pleasantly congratulate th,
readers Of the GAZETTE than by furn.
ishing them with the highly natterinn
condition in which the New Year i,
about TO open upon them. While til,
great English organs are circulating
such eulogistic opinions Of our great
country, and pointing to the prosperi
ty oflate immigrants, it is not likel,
thaeimmigration will grow less; OIL
The contrary is it not reasona BILE t,
suppose that richer class of immi
grants will follow hereafter, and will
them bring large amounts Of none,
Of the ''plethora" of which the Londo,
Spectator Alules in long article, from
which we quote the following extraor
dinary language:
The severity of the pressure O
wealth, and the magnitude of III
'o'NA ANA'AS W" al 10 investment ma
be estimated from q single datum
The United Kingdom, the most soil,
State in the wolld, the depot of tn
wealth Of three continents, is with
"a measurable distance of civil var.
and consols are above par, and Chan.
is never affected by Irish rumors. w
may search the financial his ory of til
world for such a condition of affair
and search In vain. If it lasts q,
years, men will be talking of the swe,
simplicity of per cent" aud II
comfort of getting rid of fractions,
and 1t may last, ior all the clouC
abroad. The big nations are afraid
war, and the little nation which is a
ways giving just cause for war vi
tnd itself in fetters, and oblige
grow as ii will, 10 obey European o
ders."
81 he severity Of the pressure
wealth" is good. Need our farme
be surprised that their grain is wante
or need they fear that it will not
wanted in Europe after reading t
the above extracti Surely we ha
cause to rejoice at the wealth of [
England, and as she spends mt
money W tn II than all the world |
side, to hope that the predictions o