The Diamond state., 1855-07-20
The Good Time Coming.

Before prophesying a good time, it
would be perhaps as well to analyzc
and defncYts components, Money at
three per cent month, is the very es-
sence of good times for aman with a
large supply of ready cash, on which
he is desirous of realizing stopping in
terest," while money down to nothing
constitutes equally fine times to those
desirous of finding something "ovcr."
To the day labourcr, fine times rise in
all their glory, when an impetus is Civ
en- to building, and to the mechanic
when there is a sudden demand for his
peculiar branch of product,
So far as good; but it is evident
that all this is only applicable TO one
side of the question. The free receipt
of money, though generally accepted
as the essential element of good times,
is in reality but one lalf-that Of light
expenditure being the other. 1t is all
very well to talk of two dollars day
for the working man, but when the bare
necessaries of life amount to about q
dollar and ninety-ninc cents, we can
hardly say that there is much margin
for congratulation.
The nearest approach in reality to
good time, consists of q general cheap
ness of the essentials of life-all Of
which are based upon the price of food
united to general continuance of man
ufactures and commerce. And the
whole turns on one simple pivot--the
crops. The price of wool is regulated
by that of turnips and hay, and all la
Dor should be calculated with reference
to this one point. 1t will be found on
examination, that whatever slight re-
ductions take place in the price of la
Dor in period of agricultural necessi-
ty, that they are not so great as the
increased saving in expenses. Com
petition and full market, force the
farmer to lower his price and this is
readily done. But wages do not rise
and fall like -four by the day, and when
they do depreciate, the rule OF proper
ton which we have laid down, still
holds good,
The question, however, may be rails
ed whether the agricultural interests
do not suffer by this depreciation. Re
garded as memb&rs of a community,
every one Of whora has for his labor
an equal right to prosperity, they do
not, unless indeed we imagine that their
products become a mere drug--and
which it would be difficult to. suppose
in the present condition of our carry
ing trade. In the case of the present
years crop which bids fair to excel
that of any on record, query thing
points to that happiest of conditions,
an active demand and an adequate sup
ply. 1t is evident that this year, in
most instances, the depreciation in.
price will be more than couterbalan-
ced by the extra quantity, not only of
yield, but of land put under cultiya-
ton. France will in the coming Au-
tumn make an unprecedented demand,
not only for bread dstuffs but for distil-
ling, and must be remembered that
the great Russian grain marts are dali
ly becoming more unproductive. Since
last Summer their supplies have been
incredibly diminished.
Take in the length and the breadth.
the height and the content, we may
reasonably anticipate good times in
the fall. Certain it is that ''strva-
tion by hunger" will not be fashion
able disorder, and that however indi-
viduals may bcsaffected, the great bulk
Of the people will be incidentally BEN
e6tted by the coming times.