Show A GLOOMY OUTLOOK americans have been late r years jears to rock themselves into a superior feeling of security and wealth atho jj 1 mie last two or thre years eyears the balance of trade has hw been greatly in favor of the united states it seemed as if this country was furnishing a repetition of eg egypt 0 pt at the time of the famine under joseph the son of jacob when all nations went to the ilie storehouses on the li banks anks of tho the nile to get their supply of bread broad thus we have furnished the transatlantic lands with breadstuff is whenever their crops were generally insufficient and the unfortunate succession cession of several seasons of failure in E europe drope has hns produced a belief in america that alic states is the permanent and indispensable granary of the old world this lias has been the res result alt from hastily jumping at conclusions almost every E european european country raises sufficient af breadstuff is for its own wants in favorable seasons and the cien cies in the countries where the grain supply is short of the demand can be filled quicker and cheaper by their immediate neighbors thus this year the crops in most european lands are reported as prosperous and hence there will be hardly if any E european european demand f for our grain on the other hand we learn that our own harvest will by no means be so plethoric as it has been the high waters and lon long rains have bave seriously retarded the growth diminished the quantity and impaired the quality of this seasons cereal production even ff inthe if the final result should hould be more satisfactory than we anticipate the general situation will be far from lu astling tiami in nr we all know that the cerea cereals Is furnish one nc of the chief factors of our exportation in this we can already perceive a material reduction our exports of wheat and flour for the past ten months are less im than for the previous ten months by a round in cotton we note a shrinkage of in the same period As a person that spends more than he lie earns can hardly be said to bo be accumulating wealth go fie a nation to whose ports come more foreign products than she sends abroad is not adding to her wealth but draining the reserve resources this we have been doing of late por for last april the excess of imports over exports was whereas for the same fame month last year the excess of exports over ims ims ports reached the snug agiou amount t of this in other words means that we w e have gone behind to the amount of in one month and if we continue at tho same rate the balance on dec 1 1882 will establish the fact that wo we arc are worse off than we were twelve months ag ago 0 it is true in the first three months of the year the imports and exports were about balanced so that the excess of imports for the four months was this at the first glance seems to be reassuring but on the other hand band the inexorable stati statie cisin mn informs us that for the first third of last year we nye sold to other nations worth more than we purchased from them thus adding just so many dollars to our wealth this brings us 93 behind last years reports in one third of the year and if we continue at this rate it forebodes foreboder fore bodes even a worse balan balance cri than the one predicted 9 a few lines line s above viz of course our credit abroad is good but national credit like personal credit is kept the better the IM less it is used hence we hava have to make frequent payments abroad in settlement of gilr our surplus purchases in foreign markets in april the shipment of coin in excess of receipts from abroad was 1754 and enafay in may we exported nearly y in coin while in april of last year the excess afre of receipts was in the first third of 1881 wo we received from abroad a net cash balance of while in the same period this year wo sent abroad to satisfy our f foreign creditors and the longer wo we go on tile more we will have to p pay ay out by and by the abundance accumulated in former years will be drained and we will sec see a fulfillment fulfilment of tho the s simile mile alluded to above y years e ars of scarcity will succeed years of if plenty and the pharaohs Phara lean kino kine will devour the fat kine our oun correspondent writes that the bronze fence around Vander bilts houses cost but a poor little luthel lutheran an church society in the city lias paid ten times as much for a fence they build acara ago ill in fact in 1796 tho church in question was looking a round foi a new building site A i lot containing six acres out in the country was offered them as is a free gift provided they would not only erect the church edifice but put a neat and substantial noial fence around the entire tract they demurred at the fence it would cost too much and the place was so f far ar out of town that the fence was unnecessary un unnecessary y except to keep the cows out and they lad no objections to the cows being in so they declined the offer that six acres embraced what is now the corner of broadway broad way and canal streets and six millions would be too small a figure fiure 0 for it today to day if the church had built the fence and held the ground they would now be rivals in ill wealth with the aristocratic trinity church corporation which hardly knows liow how to spend its income the lutherans Luth erans of the i presen present t day lay think of what might have b been cen and rail at the ind efe n 0 me we shortsightedness of their ancestors ce tun bur BUFFALO FALO express in speaking 9 0 of f moses Summers who was for 30 years a writer on the syracuse standard recalls to mind some 0 of f the changes in in journalism which arc are still within easy recollection in 1853 mr ir and liis his brother william were the publishers of tho the standard then and now a morning paper but then it went to press at G the evening bea before ore all the work of the office of every kind was done in in one room many would drop in after tea to get a copy of the next day paper there they r would always see moses sum ry aty y which tho the printing press was run there was a big german regularly emp employed loyed as power but after tea mose iose always took off ili liis s coat and gave an hours help in the engine department his regular function was local editor and his brother william was foreman they worked hard and saved mon men ey QUEEN VICTORIA docs does not interfere much with her ministers management of state affairs but it is an open secret that slie she has pronounced opinions on the irish question she doc snot favor concessions oni ces to the of outrage her iler feelings appeared in a curious way when mr fo forster arster resigned no sooner had he be ste stepped p ped down and out than her majesty invited him to windsor castle and showed him marked attention it 13 is even said the queen did not scruple to show fit other ways that she was very much put out at the new departure odthe of the government though obeying 0 precedent she did not interfere directly but left the issue to presumably male iVis wisdom dom the ministry arc are looked to to do what they can to promote the welfare of the country and her majesty knows too much to openly find fault with them WE HAVE received a copy of ingersoll unmasked a scathing scat liing and fearless expose of his life and real character this is a pamphlet of sixteen closely printed pages in in which dark clark braden dissects the life and ideas of the noted infidel with a merciless blade it is the prospectus for a large work of tile same author on tho the same tame subject |