Correspondence of the N. Y. Journal of Commerce.

 LONDON, 14th June. 1881:
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 If the occurrences which have taken place within the last three or four weeks in this country, had been located in yours, the iegt, timategovernments of Europe would exchange felicitations on the SC sure and certain" pros poets of the speedy downfall of your republi- can system. As it is, the disorders to which allude, will be cited as consequences of the excess rather than the want of freedom, while in truth they are mainly to be ascribed, not to any political exigency of the moment, but to the gradual operation of institutions calcula- ted to build up an aristocracy of wealth, and which leaves to those who bear the heat and burden of the day, little beyond that provision which is indispensable to the preservation of their health and strength for the toll of the morrow. oHs 9" t0i

 The inhammable condition of the laboring classes until very lately, appeared to have been moderated, if not effectually subdued; by the rigorous justice which was dispensed to the agricultural rioters and incendaries last winter. But as the season advances, the ge- nius of discontent seems to be rcsuming his sway The high handed riots among the ope rative manufacturers at Wigan had hardly subsided, when we heard of numerous assem- blages of colliers in the North, ready to pro ceed to any extremity if their demand for higher wages was not complied with. Next came, last week, tidings out ot Wales, that the Merthyr Tydvill collers and ironworkefs were in a state of rebellion on account of low wages, the iniquitous mode of paying them in truck (goods,) and the oppression ofthe courts of justice. Lastly, we hear that thousands of the peasantry of the same district have con- gregated to take into their own hands the re- covery of their right, hitherto withheld by government, to pasturage in the great Forest of Dean. With the details of these affairs l shall not meddle, as you will find them all amply set forth in the newspapers. But there are one or two circumstances worthy of notice. The first is, that the iron-workcrs boast that there is a rising concerted to take place all over England; another, that it is said the mili- tia of the vicinage could not be trusted with arms if called out, because their interests and that of the malcontents are the same; and third is, that the prostration of the inclosures and fences of the forest of Dean took place Tn open day, and under the observation ot the whole community, and was continued without interruption from any quarter unti! the work of destruction was completed. It IS suggest ed that there have been instigators of hign rank behind the curtain, and the supplies or bread and beer have been fabulousiy multi piled and ascribed to conclave of secret pa | irons. But totally discredt these represen- tations Of discontent, to be sure, tnerc IS l enough for any Cataline who chooses. to worE 1 upon; but there is not at present the least