REASONS FOR HARD TIMES.

Perhaps there never was a time when the depressing effects of

stagnation in business were so universally felt, all the world over,

as they are now.--The merchant sends out old dollars, and is lucky if

he gets the same number of new ones in return; and he who has a share

in manufactures, has bought a 'bottle imp,' which he will do well to

hawk about the street for the lowest possible coin. The effects of

this depression must of course be felt by all grades of society. Yet

who that passes through Cornhill at one o'clock, and sees the bright

array of wives and daughters, as various in their decorations as the

insects, the birds and the shells, would believe that the community

was staggering under a weight which almost paralyzes its movements?

'Everything is so cheap,' say the ladies, 'that it is inexcusable not

to dress well.' But do they reflect _why_ things are so cheap? Do they

know how much wealth has been sacrificed, how many families ruined, to

produce this boasted result? Do they not know enough of the machinery

of society, to suppose that the stunning effect of crash after crash,

may eventually be felt by those on whom they depend for support?

Luxuries are cheaper now than necessaries were a few years since; yet

it is a lamentable fact, that it costs more to live now than it did

formerly. When silk was nine shillings per yard, seven or eight yards

sufficed for a dress; now it is four or five shillings, sixteen or

twenty yards will hardly satisfy the mantuamaker.

If this extravagance were confined to the wealthiest classes, it would

be productive of more good than evil. But if the rich have a new dress

every fortnight, people of moderate fortune will have one every month.

In this way, finery becomes the standard of respectability; and a

man's cloth is of more consequence than his character.

Men of fixed salaries spend every cent of their income, and then

leave their children to depend on the precarious charity and reluctant

friendship of a world they have wasted their substance to please.

Men who rush into enterprise and speculation, keep up their credit

by splendor; and should they sink, they and their families carry with

them extravagant habits to corrode their spirits with discontent,

perchance to tempt them into crime. 'I know we are extravagant,' said

one of my acquaintance, the other day; 'but how can I help it? My

husband does not like to see his wife and daughters dress more meanly

than those with whom they associate.' 'Then, my dear lady, your

husband has not as much moral dignity and moral courage as I thought

he had. He should be content to see his wife and daughters respected

for neatness, good taste, and attractive manners.' 'This all sounds

very well in talk,' replied the lady; 'but, say what you will about

pleasing and intelligent girls, nobody will attend to them unless they

dress in the fashion. If my daughters were to dress in the plain, neat

style you recommend, they would see all their acquaintance asked to

dance more frequently than themselves, and not a gentleman would join

them in Cornhill.'

'I do not believe this in so extensive a sense as you do. Girls may

appear genteelly without being extravagant, and though some fops may

know the most approved color for a ribbon, or the newest arrangement

for trimming, I believe gentlemen of real character merely notice

whether a lady's dress is generally in good taste, or not. But,

granting your statement to be true, in its widest sense, of what

consequence is it? How much will the whole happiness of your

daughter's life be affected by her dancing some fifty times less

than her companions, or wasting some few hours less in the empty

conversation of coxcombs? A man often admires a style of dress, which

he would not venture to support in a wife. Extravagance has prevented

many marriages, and rendered still more unhappy. And should your

daughters fail in forming good connexions, what have you to leave

them, save extravagant habits, too deeply rooted to be eradicated.

Think you those who now laugh at them for a soiled glove, or an

unfashionable ribbon, will assist their poverty, or cheer their

neglected old age? No; they would find them as cold and selfish

as they are vain. A few thousands in the bank are worth all the

fashionable friends in Christendom.'

Whether my friend was convinced, or not, I cannot say; but I saw her

daughters in Cornhill, the next week, with new French hats and blonde

veils.

It is really melancholy to see how this fever of extravagance rages,

and how it is sapping the strength of our happy country. It has no

bounds; it pervades all ranks, and characterizes all ages.

I know the wife of a pavier, who spends her three hundred a year

in 'outward adorning,' and who will not condescend to speak to her

husband, while engaged in his honest calling.

Mechanics, who should have too high a sense of their own

respectability to resort to such pitiful competition, will indulge

their daughters in dressing like the wealthiest; and a domestic would

certainly leave you, should you dare advise her to lay up one cent of

her wages.

'These things ought not to be.' Every man and every woman should

lay up some portion of their income, whether that income be great or

small.

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