The San Antonio light. (San Antonio, Tex.) 1883-1886, 1883-08-18

significance whatever" The World pro-
nounces it "a gamblers panic, not endanger-
ing in the least the legitimate interests Of the
country" The New Orleans Times.Demo-
crat, on the same subject, says: "In the
South and West the furry was scarcely ap-
preciaied or felt, and the Western cities looked
with surprise toward New York, unable to
understand what all the hubbub meant. This
feeling Of alarm on the part Of the Western
journals is probably because they remember
that the panic Of 1873 was begun by the fail
ure of a single banking house. 1t would be
absurd, however, to credit that crisis to the
failure Of Jay Cooke & Co. 1t was due to
the condition Of affairs then existing, and as
the same condition Of affairs does not exist to-
day, it is absurd to predict panic from one
or many great failures just now"
Ir IS gravey asserted by the London
papers that there is a communi'tic league in
the United States which is going to foment
agitation against British investments in Amer
lean lands, and that its members are going
" AAN HuNohOh VI aAphhk
aliens to become land owners in any
part Of America party one in the next presi-
dental election The platform Of this
league will comprise, i, is said, the following
planks; 1. "English influence is too great in
American affairs; it shows a natural tendency
to Anglicize the land laws. 2, If British
aliens are permitted to become owners ofland
in America there will be a steady growth Of
English influence in American legislation in
which may ultimately prove inconvenient and
dangerous. 8 Whatever land in America is
owned by aliens is so much national territory
Withdrawn from the total amount possessed
by the country for the development Of Amer
lean wealth and so much taken away from
possible American tenantry. 4. The tottering
aristocracy Of foreign nation should not be
allowed to reinvigorate itself at American ex-
pense and to bolster up and perpetuate the
landlord caste Of Great Britain by draining TO
London the profits of valuable holdings in
America. s. Therefore, the alleged league
will demand and secure prohibiting aliens
from owning land anywhere in America"
This is the story according to the Pail Mall
Gazette, and to say the least is Scheme from
Schemeville. or all the alien population in
these United States, the British probably
number the least, and their influence as COM
pared with the German and Irish is very
small and insignificant, and the absurdity Of
the move is only equalled by the readiness Of
the English papers to give credence to it.
Politically, socially or financially, Englishmen
are in great minority in the United States,
even II there was no account taken Of the
number who have renounced their allegiance
to the Queen, and il the buying Of few mil
lions Of acres of land, more or less, would
have builded up any one interest, the United
States would have been sold out long ago to
the other aliens who almost since the landing
Of the Mayhower, have regularly followed
each other to this land Of the free. But one
needs only to remember that the investment
Of money in lands carries with it the natural
guarantee of good citizenship, and true
fealty to the laws Of the Republic regardless
of landlord caste, or aristocratic influence, TO
see how easily our cousins can be scared and
to what lengths they are willing to carry
their credulity.