Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1858-01-20
From tho N. Y. Tribune.
DAVENPORT. Iowa, Jan. 8. 1858,

DAVENPORT, Iowa, Jan. d, 1853.
Manu- times as these ex-
hibit strikingly the need Of Manufactures
throughout this fertile and productive reg
ion. Five-sixths Of the Boots and Shoes
worn by the farmers of the North West are
made in New England by workmen who are
paying seventy. five cents to dollar per
bushel for the corn which those farmers are
selling for twenty to thirty cents Der bush
el. Owing to the commercial arrangement,
many shoe-makers cannot find shoes to
make, and SO are scantily supplied with
CON- while the farmers can hardly sell
their corn 40 ms to be able to pay for the
shoes their children need Were fifty
thousand shoemakers transI lanted this
Winter from New England to the tributari
es OF the Upper Mississippi, there would be
ample work here for the whole of them
and they would better recompensed than
they now can he. Every pair of shoes that
now nets the maker but one to two bushels
If the maker were located in this land of
plenty Out Of every thousand bushels Of
corn now sent to New England to pay for
Boots and Shoes. one hundred is expended
in getting the residue to the railroad, and
six hundred more in conveying the balance
to its consumers, so that but three hundred
bushels actually reach the latter who, if
they were located here. would receive at
least nine hundred bushels for tn. same la
Dor or product that now nets them three
hundred. SO with Iron, Hardware, Cloths,
Crockery, DC, DC. The earnings of Indus
try are deranged by factitions and thrift
less commerce.
rejoice in the belief that this vast can
not continue, and that the present disrup-
ton Is calculated to hasten it's end | Le-
lieve the West will henccforth import pro.
portionally tower shoes and more shoe max
ers because Of it, and that Thousands Of me
chanics, manufacturers and artisans, whom
the pressure" has broken up or thrown out
OF gear In the East, will find work and per-
maneDt homes in the West Of course, the
season of transition will be trying one
Many will suffer in health from the change:
some will locate injudiciously; others will
have difficulty in finding work, and will
have their turn Of home sickness some will
go back, protesting that there is no chance
in the West but nine tenths will etay, and
the West and they will profit by their mi
grafton. Thus the Great Revulsion. though
depressing and disastrous in its immediate
influences. will ultimately strengthen and
build up the West. BY stopping the manu-
facture Of prophetic cities. by reducing the
price of lands, the rent Of buildings, and tho
cost Of food and stock, it will drive thous-
ands out of speculation, and draw tens of
thousands hither to cultivate the earth and
cover it with whatever conduces to the sus.
tenance. enlightenment and comfort of hu-
mankind.
zruds.-The Commercial system Of
the West must undergo important modif.
cations. Far fewer merchants will hence.
forth make ANIMAL or semiannusl pilgrim
ages to the seabOard in quest Of goods
There 10 NO good reason why FIVE thousand
should spend their time and money on
journey Of . thousand miles and back, after
goods that two hundred could buy far
more judisiously and advantageously.-
Hereafter, Chicago, Detroit, Cincinnati.
Dubuque, Davenport, Burlington, Quincy,
and St Louis, will be each the centre of q
more or less important jobbing business, and
the merchants Of the rural towns and new
settlements will buy their goods of one or
the other, keeping small stocks, and replen-
lshing them frequently. instead Of buying
severa! thousand dollars worth at once, and
rsplenishing but once a year. This will in.
crease the trade and wealth of the inland
cities. and give stability and certsinty to
that OF the sesboard. The importers and
jobbers Of the great cities will sell onlv on
credit only 70 dealers we'll known to them
as upright and responsible, and will know
that their pay will be forthcoming precise.
cisely when due. The inland iobbers will
give but very short credits. if any, and will
have their customers constantly under su.
pervision. Fewer goods than now will be
bought, but more will be paid for. Thus
the trials Of 1857 will not have been epdur.
ed in vain.
The Times are clearly improving
There has been q change for the better ev.
er since l came West, some ten or twelve
Gays ago. Rates Of exchange are falling
Banks that were in difficulties are resum-
ing. Shinplasters and wild cat currency ID
very generally secuted and is turning ito
plague tn inventors" Produce is coming
forward more freely. and is growing 6rmer
in price. There is very much wheat still
unthreshsd ami corn unhusked. ava;Gno
better prices. believe more beef viii he
lated in the west this winter than ever
before On the whole, il seems clear that
the worst is over, and that better days are
ct hand.