, 1861-07-22
THE NORTHWEST AND THE wAu

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timid people indu1ged in the most gloomy
forebodings, and when it became apparent
that it would cost millions Of money and
probably the loss Of tens Of thousands Of
liyes to put it down, the entire prostration
Of business and the ruin Of all classes was
confidently predicted. Such anticipahons
were at first entirely natural, and in some
branches of business they must inevitably
be realized. 1t is not necessary to specify
them, for the sad reality will come
fast enough upon those who cannot escape
them; but while war is terrible evil NOR
ally and blasts the resources Of a nation
like the sirocco Of the desert, there are
some DEPART tments Of trade which it will
stimulate and benefit.
The effect the war will have upan the
resources of the Northwest is question
which, as might be expected, receives care
FIJI discussion in business circles here. In
the manufacture Of all articles necessary
for the clothing and the equipment Of the
army, the New England and the Middle
States will be mainly benefited. We are
glad to notice, however, that OUR wagon
makers, and also our lead dealers, and per-
haps some other branches Of business are
making an effort, and it is to be hoped it
will prove successful, to secure a portion
of the trade in the articles which they
severa1ly represent. The government will
unquestionably find it advantageous to
purchase largely from some Of our dealers
and manufacturers. F;ut the:supplies which
relate to the subsistence Of the army must
come directly or Indirectly from the North
west. Our producers Of wheat, corn, beet,
pork, &c, must supply the army mainly
throughout the war, be it long or short.
The arrangement caused by the collapse
Of Our Illinois currency, and the stasnation
in the channels Of trade everywhere, fol-
lowing the bombardment of Fort Sumter,
and the certainty Of war, depressed the
prices Of our principal staples, and cast q
gloom over business and financial circles.
But it is becoming apparent that this can
not last. The heavy capitalists Of the
country who mainly control the money
accumulated by the national industry for
a third Of q century have virtually placed
it at the control of the Government to put
down this wicked rebellion. From the
"strong boxes Of the capitalists it will
flow into the hands Of the people to buy
army supplies and to pay the soldiers and
the share which the Northwest will re-
ceiye for food must be immense. Already
trade in flour and provisions is improving
and it is believed that with the foreign de
mand which is likely to continue goot
market may he expected for oil the su,
plus products Of the Northwest.
So far, therefore, as it is possible to judg
from the present state and the prospect Q
affairs, the Northwest has no cause 70
complaint or dismay. Far removed from
the immediate and the desolating effects o
the war, her people will cheerful1y bea
their part Of its burthens, and are in pa
eition to share largely in whatever bene
, fits it can bestoW. A large surplus from
: last years crop is still in the b, .uds Of pro
ducers, and the present crop will add yer.
: largely to our available resources. Tha
: surplus will all be wanted, and now tha
our Infamous currency is sunk out Of sigh
the people are in q condition to dcman
f real money for whatever they have to sci
As to the time to sell and what prices a1
likely be, each must form his OWL concl,
sions after careful consideration Of all II
: facts at command; but we can see no re'
+ son why our people may not hope for
, fair degree Of substantial prosperity.