The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-07-16
THE SIAGNATiGR IN TRADE AID ITS CAUSES.

Business IN this metropolis appears 70 have ooms =
almost . stand still, and stagnation Of trade Is the
general complaint that meets everywhere. To b
business circles do usually present in tho
the characteristics OF thrift and fortune.
making Tie oppressvenoss OF the sultry heat thas
from June to September render the city large bake
house. who're Gothamte humanity is boiling aud stew.
ing as tho cheated teras' follow each other In quIcH
succession s not the means most conducive TO thrvs
ing trade, and tho wealthy whom fashion IL MOI
comfort drives into the rural districts ond To the
Watering places whenever tue dog star commences
TO rage, expect, In consequence Of the lack 81
business necessarily enyendered by the summer, -
obtain respite from the and ton thae
are inevitable concomauts Of the 'busy Seasons" pS
ercelisace The stagnaiior this year Is however tas
greater than usual Generally speaking, there is q
trade dnring tho early part of the season. ond
though he no. OF ~ brisk character that which
marks the spring and fa seasons, i nevertheless Of
decided importance in making the great bulk OF nnaa%
cal traffic thai Is veary transacted In this city Thie
Summer trade mas hereoioro consisted FOR the most rar
in scs OF goods 10 Southern merchants, who depend
the planters for their PROFITS and the planters IL
turn reckon on the cotton crop for the means where
with make their purchases. Hut little II any trade
s driven with the West during the summer mouths
spring aud fall seasons only bring customers from
the yairiss the metropolis and the business OF the
early and closing portions OF the year Is mainly depend
Tie most appsren. cause FOR The prcsen, stagnaton ia
ade Is therefore, the lack Of business demands from
the South: and this lack mainly owing TO tho fac. ths4
there is death OF money IN that region Indeed,
those OF that section whose credit before the wa
unauestioned, who could with the utmost conhdenoo
rely upon the coming crop 70 pay or all their Indebted
mess Northern creditors and who, In consequence
were largely engaged in fcur.hnE business prrsuits
Aud that providing their families with TIE barcsS
neeessAriag OF life is a. much as they able to- dc
Driving heavy trade with them thing OF tho eosrE
and the reflection only sJrs them the poar consot
ateucant upon For articles Of uxur
there Is nom this scoton call whatever. forced
economy takes the place e. that lavish exp nduro
which distinguished tina Sauthornsr in aae bcisssS
dsys' and n too many ,nsiarce, pnehins psnusy
| IL vel known too that leSs a,lsas on than
formerly hes for very patent reasons be- "A paid e
cotton growing The wcf had ils close i the South
GUY wide, wild wsse; and the planter, do rived OF h1
usus! means Of sare sbos natarrg turned his
growing otto 10 soaiI,err s,n~..br~ d and meat.
giving tho soby temporarily the rlsns ~ Of grcal
NE r. msnioSsd eTcp psS now oss m. mssr &
vital necessity. Tne par,siions, too many instances
houses, bsins fences. az hsd swey away stock ana
! farIaing u,rsmen's, arc le.i ne anicr with simply
O. taese 40 Ispsrue Of tie IS made by Are and
sworl-had % te maze ~ ''Srsds Al approached aud
M sy. y Ssass 20 c 70 Pas, 's aas:
AZ least another year NUS veg by before that cond!,
o9 :. A1ss w 20 saR G IL n0 ,syoT =,
these - tho desiilt a. .bs followed the war
r.S.y IL n were S shs 's i'es Az are s~sr
II reaching from s,y oih to exiend bs hand q
I,,o ssniiel Thoc q ts soshcrners Who s ~ n
better cirtumstin,es ~ acrNo Cad H. incumbent on
them 10 bid iet Nfo' "a q utfcftuf. and any sapz
rgs means they 1sF ne Torcssed OF .oc5 readily IN
AIS cfscon van people oro to/ very large 81.
tent iedscea 70 lgesce - caunft DO expected thai
trade and tiaihs II be bSsk anon them Thls Is th1
csse ~ many seAlcas 81 the ruti. where abscluts
slI'a n - Geo W. inssses/ CT the people IN ths
FEDERAL "a ~ ~ -auins wcl have held high carniya
tue eols ~ illAy q The Southern states have NOT
nca a. reeGfui eE, ever irder the dlsadvaniagcous
49,. ~, ie.I,Se . thoy expected 70 have
Dem haa va. inss ADDS M more TO tho general CAUSES
as ofeIs'e es@nst Iiss business here IN the North
" neso go &c eneW .ed That ,hs usual trade with the
seu.n WI o. feal4 81 until tho rccuperasyc energies
| the9 "hi hAFe f,ooGsh and 10 spare