[Download] "The Atlantic Monthly, Volume 01, No. 04, February, 1858" by Various Authors " eBook PDF Kindle ePub Free
eBook details
- Title: The Atlantic Monthly, Volume 01, No. 04, February, 1858
- Author : Various Authors
- Release Date : January 01, 2012
- Genre: Antiques & Collectibles,Books,Lifestyle & Home,
- Pages : * pages
- Size : 225 KB
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The crucial fact, in this epoch of commercial catastrophes, is not the stoppage of Smith, Jones, and Robinson, —nor the suspension of specie payments by a greater or less number of banks, —but the paralysis of the trade of the civilized globe. We have had presented to us, within the last quarter, the remarkable, though by no means novel, spectacle of a sudden overthrow of business, —in the United States, in England, in France, and over the greater part of the Continent. At a period of profound and almost universal peace, —when there had been no marked deficit in the productiveness of industry, when there had been no extraordinary dissipation of its results by waste and extravagance, —when no pestilence or famine or dark rumor of civil revolution had benumbed its energies, —when the needs for its enterprise were seemingly as active and stimulating as ever, —all its habitual functions are arrested, and shocks of disaster run along the ground from Chicago to Constantinople, toppling down innumerable well-built structures, like the shock of some gigantic earthquake.