From rine "Nonr-Emma Darcy News" or Jury 22, 1871
"Whether the heat of the weather is the depressing cause, or whether it is but a lull before the storm, it is a fact that polities in Shanghai seem to have oxhoused themselves. Even the action of the Taotai with regard to Transit-passes has been received with a nonchalance which, after the excitement of the past two years, seems -difficult to explain. It is true that the present is th bustest season of the year, so that men' minds are running on telegrams and tea, and possible profits are being eagerly counted up. The late rise in the cotton and silk markets at home, coming on the unusual state of depression which marked the early months of the year, has doubtless had its effect. Human nature naturally grumbles'most, when times are bad and losses heavy; when imports go off at a steady pace, when exports show some reasonable promercantile community is apt to throw aside politics for the more immediate profits and excitements of a brisk business.
Text read from the printed page and cleaned; old type leaves the occasional error.