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most unprecedented. We do not believe that
the members of Congress at Washington are
aware of the position in which they stand, or
know exactly what to do. No peace can be
made with Mexico-the war must be prosecuted
the army must be supported--more troops must
be sent there-more expenses incurred, both by
way of loan and by taxes; and while these drains
are going on, there is every prospect, from the
action of the financial interests of London and
Paris, that the drain will be continued on the
United States for our specie, to an extent that
has not taken place for many years past. Look
ing on all these things with eye of calm
ness and philosophy, we must say and believe,
that our position is even worse than what 1t vas
in 1867, inasmuch as we have foreign war on
our hands, IN addition to the disturbance Of the
financial affairs of Europe, all acting, and play
ing, and concentrating on the money markets Of
the Atlantic cities, at one and the same time.


While, therefore, such shallow minds as the
money market reporter of the Courier S- En-
quirsr, who cannot see beyond the other end Of
Wall street. state that all those reasons and views
are visionary, the more exalted and philosophi-
cal minds, acquainted with every department of
life, admit the truth of what we say, and wish
to prepare for the coming storm We say, again,
that the banking institutions of this country
have perilous time before them, and if they
escape suspension within the next eighteen
months, it will be through the interposition
OF kind Providence. Now we ask any one


in Wall street, or out of it, if he ever knew in
stance where Providence interposed to stop
bank from breaking, when it deserved to break
by bad management. We know of none. From
the promulgaton of the first chapter of Genesis,
down to the latest edition of the Extra Herald,
we know of none.


We ask, therefore, what is to be done-we
ask Congress; we ask the politicians, the finan-
ciers the spectators, the saints and the rogues,
the pious and the good-we ask all, what is to
be done