Show HISTORY REPEATS ITSELF IT IS a gloomy moment in history not for many years not in the lifetime of most men who read this paper has hag there been so much grave and deepak never has bag the future seemed seamed so incalculable as at this time la in our 0 wn own country there Is universal commercial prostration and panic and thousands of our poorest fellow chivens are turned out against the approaching winter without employment and without the prospect of it in france the political caldron seethes and bubbles with uncertainty russia hangs as usual like a cloud dark and silent ipox the horizon of 0 euro europe pe while i all the energies resources and influences of 0 the british empire are sorely tried and are yet to be tried more sorely in coping with the vast and deadly in indian ilan insurrection and with its disturbed relations in china alro it 1 Is solemn moment and no n happily Y man n i an can feel an indifference which happily n no 0 man pretends to feel in it the ie lesue issue of events ot of our own troubles no mancari man can see the end they are fortunately as its yet mainly commercial and it if we are only to lose money and by painful poverty to be taught wisdom the abe wisdom of honor of falth faith of sympathy and of charity no man need seriously to despair and yet the very haste to be rich which Is I 1 the occasion of this widespread calanti calamity ty has also tended to destroy the moral forces with which we are to resist and subdue the calamity the paragraphs quoted above 1 written yesterday although they are very much the same sort of thing that many people are saying today they were printed led in harpers weekly on Octo october beel 10 lo 1857 i seve seventy I 1 ry four years ago iwin it in these seventy four years there had been no change we would have good ground for pessimism now but everybody knows that during most of that time this country has experienced good I 1 times steadily getting better I 1 what happened before will happen again from au all that we me can set see and hear vie lie believe that the worst of the present situation Is over and that condition sare ion on the mend and we are certain that 1 the pessimists who are still frightened out of their wits have no more basis tor for their gloom than did our grandfathers in 1857 |