Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1870-04-06
GENERAL BUSINESS NOTEMEN7S s,

GENERAL BUSINESS -MOTEMEN1S
The outlook for general business in the
country is better than appears to the eye o
superficial observers. The future holds
out promises that are encouraging. The
following articles from one of the most
careful and sagacious of our exchanges,
the Philadelphia North American Gazette,
gives view of the field which is sensible,
and well worthy of attentive perusal.
Having rounded the point of peril, and safely
advanced from that into fields where an illimi-
table promise of prosperity is opened, the evil
dences of a deep and universal determination
TO increase business upon an unprecedented
scale becomes apparent on every side. This
determination is confined to no locality, and
to no particular branches. 1t is omnipresent.
1t increases daily. The south are united in
increasing their usual crops and adding new
industries. The same is true of the northern
States, and of all the western, from Oregon to
Lower California. The completion of the
Pacific Railway has inaugurated schemes for
building one road from Oregon to Lake Su.
perior and another to San Francisco. A road
is in progress from the latter city to Memphis,
and a trunk road is piercing central Texas
A road is extending from Texas to Kan
sas, parallel with Mississippi, and then from
Cincinnati to Chattanooga; another from
Norfolk to the Ohio; and there are many more
of less length, including one from Portland to
Lake Ontario, plotted and progressing in all
quarters. The steamship line across the Pa
cifc is to be completed, in all probability
at an early day by others across the Atlantic
The manufacturing industry of the country
ofall kinds and in all sections, is sanguine thai
its future will not only differ from the past
but differ so radically that expansion will be
. the law and practice. 1t would be very diff
cult to name the avocation that does not lool
hopefully to the future.
This universal expectation crops out in sucl
demand for labor as was never before known
1t works through many channels, and in sucl
way that occasionally the success of on
plan interferes with another. Already the ex
odus into Kansas has been SO great that thu
railroad companies have been obliged 10 ordel
additional rolling stock 10 meet the require
ments for freight and passengers. Virgins
has received colonies from Germany, ant
Texas has been and is being enriched by others
Canada is being drained by the steady cmgra-
ton here, and California feels the productive
power of thousands of Chinese. The North
ern Pacific Railway Company have just in.
yited General SchurZ, Governor Marshall and
ex-Secretary McCulloch to visit Europe, &c
organize and stimulate emigration for settle
ment on the line of that road. The Company
own about 40, zoo, 900 acres, or more than al
ofNew England, capable of sustaining at leas
100000 people. They have arranged il
Germany for funds, and offer every immigran
work on the road for two years, farm ant
dwelling house. The depressed condition o
European business, and the promise here, in
duce a belief that this organized effort will
succeed in inducing great movement. The
unassisted immigration last year exceeded tina
of the year previous by $4,000. AT the SAINT
time Tennessee, Virginia and other States
have their agents employed abroad.
These are great facts, whose value can be
computedindependently Taken in connection
with the hopeful feeling of the whole country
and the progress that has already been made
with judicious plans that are advanced in Con-
gress and are stoutly defended, there seems nc
good reason why we should not concede to the
immediate future-that future dating with the
present. progress that will be harmonious
vigorous and unexampled. Here, certainly
are the facsors for that product, not onl.
known, but Rarshalled. They may not oper
ate so soon Us some expect. Their inactivit,
cannot last long. And as they come int
operation, one following and helping the other
the whole system perfects itself and hop
natures into reality. We hav, conquered
some and avoided other lions. At last the re
wards Of effort may begin to be discounted