voyages; and produce which has been held back, will go
forward more rapidly. Trade will again move on in the usual
channels, and renewed confidence will give an impetus to
commercial transactions generally. The news by the America
is of vast importance, inasmuch as it has removed the
immense weight pressing upon the minds of mercantile men,
and given great relief to all classes; otherwise the news
does not amount to much, in a commercial point of view. The
advance in consols was the result more of the reaction in
the public mind, caused by the manner in which the Chartist
demonstration passed off, than any thing else, as the
position of affairs on the Continent kept the market very
sensitive."
The following article is from the _Morning Express_; and it is
valuable for the justice of its remarks upon the anomalies which
pervade the democratic American constitution, as well as our own, and
which must exist under every form of government which deserves the
name:--
"THE ATTEMPTED INSURRECTION IN ENGLAND.--The public mind was
gratefully relieved on Saturday, by the intelligence, flying
like wild-fire upon the arrival of the America, that the
Chartist demonstration on Kennington Common failed of its
main object--viz., that of creating an insurrection among
the two millions of London, like that which had been created
among the million of Paris. If England had swung from her
moorings, as France has, and Italy and Germany have, no one
could have foreseen the consequences, or ventured to predict
upon the probable results. Certain it is, however, that
almost every British business-doing house in the United
States would have been crushed, and the commerce of the
world would have been annihilated for a season.
Public-domain text, read in full here on John Shaqi.
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