Condition of Commerce to-day.

Hard times, intensified a hundredfold by the pernicious system of giving long credit, if not caused by it, have plunged the business man of to-day into such a wreaking sea of unsoundness and financial demoralisation, that it almost sounds visionary to talk of a time when there shall be no more bankruptcies, and when every man will, when making purchase, leave an equal value in the shape of coin of the realm, on the counter. "The millennium will first approach." I fancy I hear a reader exclaim, and I do not deny that it may; but I only take leave to maintain that the state of things that I depict could be brought into existence at any time if the determination were only present in men to work for the reform.