The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-08-18
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From all parts Of the country, we hear ofs
severe pressure on men in bUslne esss, gem
eral stagna,ion of trade, largo reduction Of
the price Of staple articles. Real property is
rapidly deprociatIng in lis nominal value and
its rents of profit are exceedingly diminishing,
Many respectable traders have become bank
rupts, and it is agreed that many others must
'go; the banks are refusing the customary ac-
comodations; confidence among our merchants
is shaken, and three per cent. per month is
offered for the discount OF promissary notes
which little while ago were considered as
good as 'old gold,' and whose makers have
not suffered any losses 10 render their notes
less valuable than heretofore. e.-Niles Regis-
ter, April 10, 1919.
Never says the Frankfort (Ky.,) Argus,
'within the recollection Of our Oldest citizens,
has The aspect of the times, as it respects plo~
perty and money, been go alarming. Already
has property been sacrificed in considerable
quantities in this and the neighboring counties
for lees than half its value; we have had but Ii!
lie money y it is diminishing by the universal
calls of the banks Neither lands, negroes,
nor any other article can be sold for half their
value in cash, while executions of many hum
dreds of thousands Of dollars are hanging o.
yer the heads Of most Of our citizens. What
can be done2 In few months no debts can
be paid, no money will be in circulation to
answer the ordinary purposes Of human life.
Warrants, suits and executions willbe more
abundant than bank notes; and the country
will present scene ofsuffering, for the poor
remnants Of individual fortunes, which the
world has not Witnessed Miles Register
June z, 1919.
1T has become serious affair to the labor-
ing man to buy himselfa new garment-his
wages on an average, do not purchase him
balfthey did, and he is continually uncertain
as 10 obtaining even that. Many of the me-
chancal professions have equally declined,
though our population is one half greater than
il was then. The desire 10 read is not lesson.
ed, but the means Of purchasing are denied,
the most common school books are drug,
Hatters, shoemakers, and even blackSmiths,
whose works seem 10 be indispensable, have
lost in general much Of their former business
from fourth to one half This is the result
ofnecessity; and those who might purchase.
abstain in looking to fearful luture.'-Niles
Register, April l5, 1921.
"A late Pittsburg (Pa.) Mercury, SAYS
Flour barrel 81; whiskey, Is cents gallon;
good merchanlabe pine boards, 20..cts. 100
feel; sheep and calves 81 a head. Foreign
goods at The old prices, One bushel and a
half of wheat will buy pound Of coffee twelve
and hall barrels will buy one yard ofsuper-
fine brOadcIOlh.'-Nlles Register, May IS,
1921.
Corn 10 Cincinnati, 10 cents busheI;
wheat n Harrison county, Ohio, has fallen to
25 cents bushe, and instances TO l2i dents,
A letter from Greenfield, Ohio, dated Maya,
states that wheat was sold at l2l cents a
bushel, and that whskey was dull OF fifteen cts.
a gallou.'-U. s. Gazette, (Philatelphis)
May %, and June %, 1921.
"A gentleman in Western Virginia, directs
the Register TO be stopped, because be used 10
pay for it annually with one barrel Of -four, but
that three will not do it now. Another, a mill
Ter in Ohio, on payinghis advance to my agent
observed that he had sold four barrels Of Hour
10 obtain the note Of So which was remitted.n
Niles Register, Sept Is 1921.
Savage Hospitality, ,-JIt is an invariable cns
tom annon0 the Norih Am arioan Indians. that