Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1860-08-30
The West Looking Up.


The resurrection in the market value Of
Hallway property which has been progress
ing for several months, and which is still
at work, astonishes the "old fogies of the
street, and draws out the sage but stale
comments of people who fail to grasp the
great facts which are steadily and surely
bringing about this great revolution. A
change which will restore non-diyidend
paying bonds and stock to actual produc-
tlveness, is quietly ignored, and the spec
ulative animation which follows the quick
intelligence of thousands who see this
change at hand. is pronounce "magnifi-
cent bubble" which must collapse and n
verwhelm the public with disaster and ruin.
these filppant opinions find expression in
grave editorials, full ofignorance upon the
subjects they attempt 10 discuss, and in
the shaking of heads which see nothing but
'stocll gambling" in the recuperation Of A..
sadly depressed interest. We NAV claim
the credit OF having long since and many
times presented this matter of railway i'm
provemcnt fairly to the public, and now
when prospects which we have foreshad-
owed become, or are about to become. re.
alities, we are not disposed to ioin the
ranks ofthe croakers, who can give no good
reason for their forebodings.
The members of the Stock Exchange.
as body. fail to comprehend the great
iacis which are to work $. change in the
value of railway property They are con-
tent to say that Erie, Michigan Southern.
Harlem. &c. &c, are worthless. without
investigation, and. reasoning from the pa,t.
they draw conclusions which are destined
to be anhihilated in the future. The change
now working is like that which takes tI.
poor lnyalii from his couch and puts him
upon his legs with strength and actiyitv-
lhe great West, the garden of the world.
Will this year harvest a cereal crop never
equaled In its magnitude At the same
time 1t occurs that Europe is deficient. and
thus. with home and foreign consumption.
prices arc destined to pay liberal profits to
the producer. 1t follows not only that
the West is to be enriched. but that every
avenue OF transportation will be crowded
with business In the movement Of the crops.
1t follows, also, that section of country
thus suddenly made rich, instead of being
stepped IN poverty, having the means. will
repienlSh with the convenience. Of life.
which 1t has avoided for three years past by
every possible economy. In this we have
to expect very large Business upon rail-
way lines IN the movements of products
and merchandise both east and west. The
elastic energies Of this great section of tbs
country must be unlocked BY this sudden
change IN Its condition-a change which
once more places it in a position Of ;nde-
pendenee. The result will be to start the
wheels OF industry and enterprise in every
direction-emigratiop. stimulated by the
success ofthose already on the ground.
will again flow from the exhausted pl.;n.
OF Europe to the fertile prairies Of tho
West. 1 =
An increase of population calls for in
creased supplies, and the transportation
of lumber from the pineries of the North
west TO the trecless fields of the South
west-the movement of groceries. drv-
goods. hardware. &c. open up prospecs
OF business never equalled in th, history of
the country. All this. which is impelled
Oy one great crop, is not, as superficial
observers think, a mere pantheon OF pros.
perlty. which is to be dissipated within .
is the beginning of one
'f those gigantic strides in development
md progress which will extend through
'ears. unless new disasters in the way of
,rop failures overtake u.s. For three years
he West has Suffered from frost and
blight, and the depression has been univer-
al and severe. The chance of future
'rops, taking into consideration the breadth
If ground under cultivation, the varieties
# soil and climate, are certainly good. and
allure, although q contingency, is not =
trong probability. Under all circumstsn-
es, we conclude that the west is now upon
he ascending series, and that its prosperity
vii vitalize all the avenues of transports-
ION to an extent equal to the most SAN
ulne anticipations. The effect of this
hange upon railway property, both East
nd West. must be extraordinary, and
he very sagacious individual who ransscks
hs past TO. establish the future may. and
robably will find that he has studied the
nolect to but little advantage.