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The Daily Dispatch: February 28, 1861., [Electronic resource], Letter from Major Anderson to Henry Ward Beecher. (search)
else. It is as important to the capitalist of New York that everything should be right "upon 'Change" in London, as it is to the London merchant. In like manner, it is as important to the financial world in London that all should be right in New York as it is that all should be right in London itself. When a panic seizes upon the stock market in New York, the English and French merchants and brokers send over gold to have the specie on hand. So it is when there is a pressure in London or Paris. They send over the ready to keep off a crash. It matters little where the crash begins. It is sure to go all around the world with the regularity of Mr. Webster's reveille following the rising sun in his career around the earth. So strangely has commerce girdled the earth, and so inseparably connected are all its manifestations. The weather, during the expiring winter, has been as singular as the condition of the political atmosphere. It has been uncommonly mild, and during the gr