The Burlington weekly hawk-eye. [volume] (Burlington, Iowa) 1857-1858, 1857-08-19
The Change of "a few ,nont.ss.

| From early last Spring to the middle Of June
| the leading eastern journals, and few at the
West under their lead croaked in dismal con.
cert about the assumed desperate condition OF
| the country, which we told being
brought about partly by the large western i'm
| migration, but chiefly by ruinous land specuia-
ton. The latter was the great bugbear against
which they Illuminated from day to day and
week to week. Not only was it declared to be
ruinous on account OF its diversion Of tabn-
| ous'amount OF money from ordinary business
channels and sinking il in unprodactivc western
lands, TO the serious damage of the creditors of
! the spectators who had prior claim 10 it, but
| all classes of the people were said TO be so in.
fected with the mania that agriculture was like
/ ly to suffer very seriously Those as,ute Jour
mails pointed to famine 10 the West'--to star
vation in Northern Michigan, to scarcity OF food
| in portions of Iowa. and to short supplies in
Minnesota and Kansas on the opening of Spring
and asked oracuarly where we western PEG.
pie would be when another winter should come.
And not only would there be lack of food and
perhaps actual starvation in portions of the
country, but general bal kruptey would come in
| as an auxiliary to aggrayate the widespread
calamity. Thousands upon thousands Of per.
sons who pass tor intelligent beeyed this to be
true state of the case. They we're in constant
nervous dread OF the approaching crisis, and
thoaght they must pre- pare Tor its advent. And
perhaps we ought not to regard them as exhib.
iting weak creduliiv. They might well think
they were acting sensibly in following the re-
cognized leaders Of public opinion, for who could
judge better than they?
But behold how completely the predictions OF
these prophets of evil have been faisified in a
few short weeks! '.There never was such har.
vest before is the burden Of our advices from
a ~
niated-hss astonished not only herself bat the
whole country By the extent of her productions
Our estimate for Illinois may be taken as an
approximate criterion by which to Judge Of the
crops of the whole Northwest. The starvation
predicted by our croaking cotcmporaiies 10
likely 10 be indefinitely postponed, and gem
eral bankruptcy must be deferred for the same
reason. Indeed, with overlooking granaries,
We see nothing in the way OF all branches of
business flowing on in the full tide Of prosperity
for many months At least TO come. All depart
ments OF trade and industry will respond to the
healthful stimulus. Old obligations will be can
celied, enterprise vii. not only enlarge its old
boundaries but seek new zelda for expansion,
and the close Of the year 1887, which Was TO be !
signalized BY such calamities as those TO which
We have above referred, will be marked as
season OF extraordinary prosperity 10 she busi-
ness history OF the country.
Cracking, however. will probably, in it's re-
suits, be OF some service 10 the elass Of p rsons
who suffered themselves to be deluded BY it,
They will be more cautious hereafter In accept. |
ing the interested statements OF ne spapers de.
signed to eject sectional purposes, aud trust |
more to their unbiased Judgments Ia making |
up opinion M to the sctusl condition OF the |
country. Chicago Press.
We learn federation from children, (mys |
r0nch.) Tor 10 man can have his whiskers pulled |
y young brat wishoot feeliag what On i0toler- |