The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1855-01-03
Essc Clouds BvcaixIrsg,

We feel assured that our readers will
welcome all intelligence indicating re. i.
turn OF better times. hpprchcnsons have
been felt as 10 the security of the CONNER
clal and Iactoragc establishments of our
cities, and of the great monetary embar-
rnssnents which would extend throuuh
the country from continued failures at the
cmporia Of trade. a friend who has ius,
returned from Charleston Informed us that
grca confidence is felt there that that CITY
will safely weather the storm; and his ap.
prchcnsions were quic,cd by what he saw
aud heard oithe condition Of business.
The Charleston Mercury says:
1t is cheering to witness the indications,
| however slight, Of returning contilcncc in
the business community. The adviccs
from New York give hope that the pres.
sure there has reached its eliminating
| point, and at home the evidences are
srcngthcnileLha we have passed the
Rubcon. The dividends declared by our
banks show that they have been doinp
| profitable business. and the amount Tins
distributed will bc available To some OK.
tent III relieving the slrngcncy which has
! prevailed in monetary aR,irs. AS nn evil
dcncc OF the turning of the tide We may
allude 10 the fact that on Thursday last
bills on produce, not having more than
thirty days to run, TO large amount, were
| discounted at the Bank OF Charleston,
and exchange OH Northern cities was
| placed at par. This iudicious movement,
we are pleased to learn, has been rcner
| ally followed by the other banks, and it's
effect cnlnot be otherwise than salutary."
With regard to New Orleans, the orca,
city OF the South, The following statements
from the True Delta arc encouraging:
Perhaps at no time within the last ten
years have the pccnniary responsibilities
oi the mercantile community Of New Or
leans been within so circu.nscribcd and
healthy limits as the present moment; and
although there Is at this time an caucrncss
ior money suggestive of uncasncss, We
are convinced that AT no period within the
| space referred to has sOundcr or better
| condition Of the finances of our merchants
existed. In saying his we are Influenced
by no vain Loasts, nor by any desire to
humble cher business cities hy the
, co:%pariso" our assertion would appear TO
/ challenge; on the contrary, ,ur only mo
tive is TO give encouragement, 10 those
| banking Institutions; which, with euiGiu
encd foresight have anticipated the pres
CIT state OF commercial affairs, by prcpar
! ing Themselves 10 aid and assist every
deserving house whose liabilities, owing
u :he Hro,rnc,cd obstruction cf interior
communications. or any good and suilici
cnt cause, are pressing unsately upon it..
As we have allcady said, The liabilities
of our merchants have never been within
more prudent limits, and . Notwithstanding
the arrangements caused by the European
war, ana excessive over,ra,!ing East and
West, the means OF entirely cancclinr the
entire Indebtedness vii! b. greatly more
than furnished, when Western products
cotton and sugar can hnd access to ll 3
market. As we write the weather gives
evidence OF Il great changc--wAr.rh and
moisture succeeding the dry ana cold
weather 0! the last few weeks cucuur-
aging us To hope that the lIlaw expert
enccd may extend to the waters above,
and llbcrale the enormous Accommodations
OF products that await shipment 10 our
lcvecS. Meantime, we hope no one will
give way to dcspondency, or permit his
affairs 10 tail !Itn co,ilus ION when the
dhy oi iis dciiveiance appears TO approach,
ana the prospects OF business assume
an air OF cHeerfnlncss not cxI,cr cnccd IN
any other 3ty Of the Un.on.