The Revenue accounts are slightly less mournful than those published
last quarter. There is a decrease of 2,200,000/. on the year, an increase of 400,000/. on the quarter ; the decrease being anticipated from the deplorable aspect of the accounts last quarter, the increase being due to a receipt of China money. Virtually, the Revenue accounts may be regarded as stationary ; and that Is hailed as a " cheerful" omen, Meanwhile, trade is in a wretched state. At Manchester we notice, this week, the failure of a great cotton-house, and the appearance of workmen asking leave to perambulate the streets in search of charity,—ruin to capitalists, unemployment and destitution to the workers.
Part of the mistrust which prevails is produced by the state of Europe and the dread of war. But that very event may cause a reaction. If our Government manage well, we need be little im- plicated in the war; and while other nations are busy at the work of slaughter, we may be busy in other ways, profiting by that monopoly of industry.