| Show prosperity OF GREAT BRITAIN THE budget of mr lowe chancellor of the exchequer as reported in our patches dispatches dla dia the other dabex day exhibited a ii very flattering picture of national material prosperity in the british isles notwithstanding the many seri serl serious olus reports of bad harvest strikes coal famine etc in the united united kingdom the past year collectively the country according to mr lowe enjoys a high degree of prosperity judging by the representations of some papers upon this side of the atlantic old england erig land has been going down hill rapidly of late years for eor r or a failing nation however she exhibits a remarkable degree of vigor ener energy and material prosperity ro spen R Y a and if rhe she 8 le continues to decline the next hundred years as fast as she has lias done the last fifteen the prospects are that she will be far stronger and her hor people far more comfortably situated temporally than they are now besides having decreased deew deem ased the national debt by nearly seven million pounds out of her surplus revenue for the past paid year britain can ablord afford to pay half the alabama award and at the same time reduce the duty on su sugar gar 50 percent per pen cent andt ho he income tax a penny in the pound sugar of late years has been priced in england from five to twelve cents a pound though with the recent strikes and ana coal lamine famine alarms i it may have been a trifle dearer the last year or BO pio the surprising recuperative recuperative financial power shown by y france mince nince the war is another indication of the great amount of energy and the vt vast resources of the old and yet yot ot powerful nations of the old varl 1 I france and england notwithstanding their recent reverses of merent different diff linds kinds were probably never more prosperous materially than at present and certainly during I 1 ng the last one or two decades both those nations have exhibited a remarkable degree of or material and financial development and prosperity perl peri ty at the same time it must be confessed that at the pre present ent the hect is somewhat gloomy for ji gland giand th the collier und and other oth 0 r and the coal alarm and famine have bave disorganized many other busin bubin as c coal D al la Is tile the foundation ora of En g glands and ind 9 present manufacturing and commercial prosperity the high iceson fuel of late hue could hardly tr do less than pa partially a ly untra pa paralyze I 1 yz 0 n many I 1 stift an alln tl that at co country in n a addition to much mill machinery running on time several ango largo argo mills in leeds needs other places aro ex pecked to close cloye at any time the tha rise in the price of coalina coal naturally aurally induced many strikes or requests for higher N wages a L IS in the birmingham iron gubi business ness re generally tile the demand is fair tho though aih as a rule makers are cautious being ing minded to curtail operations and not vager eager to enter into large engagements prices of iron are expected to advance rather than decI decline hiie file at present the manchester cotton manufacturers oly only partially work some of their mills and the tendency is reported to be to decrease their working still more notwithstanding the prosperity of england in the aggregate there can be no doubt that her prosperity would be tie much greater and moie distinctly marked markeda were ere it not for the coal agitation and the many strikes some of which areef are of a very extensive character every man has naturally a right to a voice in what he shall receive for his labor or what lie he shall give for the tile labor of f others but all extensive and te be rious differences of that kind it would be well to refer to driendl friendly y arbitration for prolonged strikes baue vast injury to the public to individuals to the trade of the locality t allty and r sometimes som eutin eftin to the welfare of the whole country |
