The Council Bluffs nonpareil. [volume] (Council Bluffs [Iowa]) 1857-1867, 1857-10-03
cau.e for con.rasuiasisn.

In the midst Of the doubt, want Of conf
dence, uncertainty and ularm felt in MI
classes of business men, it ID not well to
forget the causes Of congratulation which
exist on every hand. The crisis which ID
here, the tight times for money which
will continue through the winter; the GER
tainty that prices Of our great staples will
continue az allow figure for twelve month;
the subsidence Of the speculative fever BY
which the industry Of the country has beer
ridden; the decline in rents now sure, and
the breaking up Of few hundred Of rotten
houses that existed only by the forbearance
Of creditors, are difficulties, il they may be
SO called, which must be met. But look al
the means at command! The country is al
peace with all the world; the crops, north
south, east and west-cotton, corn, wheat
hemp, tobacco and grass-neyer were bet
ter. Our commerce, carrying away the
treasure Of our soil, is prosperous. The
means of reaching the sea-board or other
places of consumption or shipment vert
though it has been reckless and extravagant
buying whatit should have produced, and
consuming what it should never have bought
lis rich-never SO rich before. For the
actual wants Of thepeople in what our farms
OF workshops cannot produce, we were new
er so well prepared. Industry in the United
States never could turn ont such variety
of fabrics as it can to-day. For what We
must have, and in the list may be included
all the necessaries and many Of the luxuries
of life, We were never before so little de-
pendent upon the labor of foreign parts
We see no cause of despair-little for a
serious growl. We have encouraged and
fostered abuses and excuses, it is true, and
must pay the penalty therefor: bat punish
ment will be short-liyed. II the rapidly
Of ntercommunicatisn that We have secured,
makes panic universal IN week, the same
cause will restore confidence in the same
time. When our resources and strength
are kuown-the wealth of grain and other
staples begin to go forward, the alarm will
be over, and legitimate operations will again
find favor. What if a hundred of stock
gamblers fail in New York; what if the pa
per towns in Minnesota, Kansas and Ne
braska remain without inhabitants; what
if the price Of prairie on the frontier, not
needed for cultivation in half dozen years,
goes down; what if an hundred, more or less,
rcd-dog and wilk-c concerns, that We have
agreed to miscall banks, wind up and cheat
the holders of their notes, what II we are
all obliged to economist for year-spend
less and earn more; what if real bankers
and capitalists must loan with caution and
collect closely? Trains on all railroads
will continue to run. carrying out and bring
ing in; the machinery Of the country will
continue to whirl; farmers will continue to
plough and reap, and merchants will sell
and laborers toll. The business of the
country will not stop. We must all eat,
drink and wear, whatever else may betide.
Labor will not be without its reward, OR
trade without its profit. 4 little less prodi-
gality will hurt nobody. The paying of the
heavy debt which we owe abroad for silks,
gewgawery and fubdubery, will put the
next evil day further off, and bolster up the
national reputation which our railroad
swindlings have nearly destroyed. The
squashiny of "a few gamblers in grain, gam
blers in sugar, gamblers in stocks, gamblers
in paper money, and gamblers in frontier
real estate, will strengthen the hands and
increase the credit of the sound dealers who
will 60 through the ordeal unscathed. The
collapse of the bubble speculation, will put
more men to work at the plough and in the
shop, and give the poor chance. The i'm
portation of less wine and other articles Of
luxury We can bear, and grow fatter and
healthier thereby. The monstrous puppy
ism, ridiculous snobbery and strong scented
Goldfish aristocracy nhich luxury has intro
duced can be dispensed with and nobody
suffer harm.
What we need is courage-courage to
look the difficulties full in the face, and
courage to meet them in a manner by which
they will be overcome. The country is rich,
and a grand crash, as We have always con
tended, is. afar off. This nap is gentle
reminder that we have been going too fast.
Even now time is left to take in SAIL
Chicago Tribune.