It is known that the Chinese are
ignorant of our institutions, and are
strangers to the principles of free
doni. For some time, therefore,
these cheap laborers will bo content
ed. It will take at least one full
century to imbue a Coolie with the
spirit of American liberty. In the
mean time Anglo-Saxons must come
down to cheaper labor, and the great
monopolies will rise to a grandeur
far superior to their present estate.
African cheap labor produced a
civil war. Will Asiatic cheap labor
terminate in a similar bloody issue ?
Colorphobiaists have made a com
promise. They now willingly aban
don black, because it has been writ
ten in blood that black labor shall
not be quite cheap enough. Hence,
the}’ have taken with the greatest
fondness to the copper complexion,
and history seems determined to re
peat herself Cincinnati Times.
British financial budget
for the year ending June 30, 1869,
has just been published. The re
ceipts, reduced to American curren
cy, amounted to about S-188,000.000.
