New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-11

.,,us,y reach the latter. who il they were located
bere. would receive at least nine hundred ousneH
for the same labor or product thar DO" he,s tncin
49, hundred So with Iron, Hardware CiothS'
Crockery, &c, &c. The earnings " Unjust, arc
deraneed hy a fsctious ana thriieSS commerce
80; the belief that this waste cannot con.
''1 ,Iat tbe present disruption IL calculated
~, . u =. cnd believe the West will henceiOrth
~ n"o,' ortonally fewer shoes and more shoe
bsn., th,cause of IT, and that thousands OF me-
lam, manufacturers and artisans, whom - the
n"sa,re" has broken up or thrown out OF gear IN
~ EST will find work and permanent homes IN
81 West OF course, the season Of transition VIII
a. TRYING one Many will suffer in health from
tbe change: some will locate injudicOusly; others
srill have difficulty in finding work, and VIII have
their turn of home -sickness; some will 60 back
protesting that there s no chance in the West; but
nine-tenths will stay, and the West and they VIII
Droft by their migration. Thus the Great Revu-
sion, though depressing and disastrous IN It's lmme,
date influences Will ultimately strengthen aud build
ND the West. BY stopping the manufacture OF pro-
1hetic cities by reducing the price OF lands, the
rent OF buildings, and the cost OF food and STOCK
II will drive thousands out OF speculation, aud draw
tens of thousands hther to cultivate the earth and
cover il with whatever cOnduces 10 The sustenance,
enlightenment and comfort OF humankind
IT. Tyods.-The Commercial system of the West
must undergo important notifications Far fewer
merchants will henccfOrth make annual or semi
annual pgrmages to the seabOard in quest of goods.
There is no good reason why five thousand should
spend their time and money on a journey of
thousand miles and back after goods that two hun
dred could buy far more judiciOusly and advan-
tageOusly. Hereafter, Chicago, Detroit, Cncin-
matt Dubuque, Davenport Burlington, Quincy
and st. Louis will be each the center of d 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 repenishing them frequently instead OF
buying several thousand dollars worth at once, and
replenishiDg but once or twice year. mis- VIII
increase the trade and wealth OF the inland cities
and give stability and certainty to that of the sea-
board. The importers and iObbers OF the great
cities will sell on credit only to dealers well known
TO them as upright and responsible, and Will know
that their pay will be Forthcoming precisely when
due The inland iObbers will give but very short
credits if any, and will have their customers con-
stanty under supervision. Fewer goods than now
will be bought, but more will be paid for. Thus
the trials Of 1857 will not have been endured in
vain.
III Minerals Illinois is probably the greatest
Coal State in the Union, while Missouri surpasses
Der In Iron. Each, however, has an abundance OF
either mineral. Lead abOunds in these and in Wis
cOnsn also, and the number engaged in digging for
ii has largely increased this Winter. The region
northwest Of the Ohio ought to produce her own
Iron, and export Coal, Lead and Copper She will
hardly do so well as this in 1853, capital being
pecialy shy of the Iron business; but the time will
come. With an efficient Protective Tariff we might
put all our surplus Labor at work in mines and
factories within month, and be exporting Iron
within five years. 1t may take fifty, even hun
bred, to reach that point under our present system;
but it must be reached at last. We shall not ride
over our vast Coal and Ore beds on British rails
forever
Nv. The Times are clearly improving. There
bas been n change for the better since | came
West some ten or twelve days ago. Rates of ex-
change are falling. Banks that were in difficulties
are resuming. Shinplaster and Wildcat currency
4 very generally secuted and is returning Ito plague
IN inventors" Produce is coming forward more
freely. and is growing frmer in price; There is
rery much Wheat still unthreshed and Corn I'M
husked, awaiting better prices. | believe more
Beef will be fatted in the West this Winter than
ever before. On the whole, it seems clear mat the
worst is over, and that better days are at hand.
H. G..