Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1863-07-06
LEADER.
MONDAY. mORNING, JULY Q, -Is6s.



: The Copperhead press will insist that
the war is running the country. As an
Offset to this nonsense, we copy the follow
ing from the Scientific American; -
HAs the present war has been and is
being conducted on the soil Of the enemies
of the constitutional Government, indus
try therein has been paralyzed, and the
destruction Of property has been prodi-
gious. The seeded States are, therefore,
necessarily becoming impoverished while
the war is being continued On the other
hand, the Northern States pursue their in
dustrial avocatons in peace, and if they
are living within their income they must
be growing in wealth. Perhaps the best
signs Of increasing wealth in any country
are new buildings-manufact houses,
ships, &c, and a decrease Of mercantile
and mortgage debts. At present all these
good signs may be noticed on every hand
in all the loyal States, except perhaps the
border ones.
In New York there are more new ships
and steamers being built than at any form
eF period within our recollection, and in
almost every street many new houses are
being erected. In Brooklyn the same signs
Of increasing wealth may be seen every
where. In the Eastern States new fac
tories are in the course Of construction in
almost every city, town, and village, and
in New Jersey and Pennsylvania the same
signs Of increasing wealth are Just as plen-
tiful. From the West also, the same cheer
ing news comes floating on the breeze. A
correspondent Of the New York Times
signing himself A Veteran Observer
writing from Ohio, asserts that the debts
in that State were reduced $4,000, 900
last year, aud he is confident that the
wealth Of the country is increasing at the
present moment at the rate Of over six hun
dred millions per nnnum. We have no
doubt but this Intelligent observer is cor
rect in his estimate Never before in the
history of the world has God blessed q na-
} tion with so much outward prosperity in
the midst Of luch a chastisement as this
great civil war
Universal bankruptcy was predicted for
the entire nation by the London Times, at
the beginning Of this contest, but while the
Government borroWs from its own people,
and while they expend less than they pro-
duce. the nation cannot become bankrupt
Europeans generally are profoundly ig-
norant of the source Of our national wealth
and strength. The great essential pfdaily
life to any people is food for man and
beast. and in this essential no other coun-
try, with an equal population, can COM
pare with the United States. The vast
grain crops Of our Western valleys and
plains are Of more value than mountains
of gold and silver. In these consist the
palpable power Of the republic, and no Eu-
ropesns can appreciate the magnitude Of
that power without travelling extensively
in America Our educational establish
ments, the fine arts and manufactures in
general, are sustained by the surplus pro
ducts of the soil. From every section the
cheerful assurance comes up that the crops
Of the season afford promises of most
abundant harvest, thus inspiring hopes Of
. continued material prosperity amid the
havoc and sorrow Of the great national
conflict