The Morning herald., 1875-08-28

rates how Synesius, Bishop Of the sec md
century, sat up whole nights, drinking
strong drinks from silver tankard, with
"a buck horn handle, and composing hymns,
one Of which some writer's aver is the
world-renowned dies Ltae. q. .r ,-5.
THE LESSONS OF DULL BUSINESS.
1t is question with many now if the
long and monotonous dearth of business
that we have passed through in this coun-
try since 1873, has not its salutary instruc-
tons as we'll as It's dark sides. This seems
plausible when We class It with everything
eiee where experience teaches new and
valuable Lessons 1t has taught economy
in many Of the branches Of life where this
essential to success was not before 10 thor
oughly considered. 1t has prepared peo-
pie to meet exigencies tina. they would not
otherwise have been equal to. In bu-iness
circles it has developed feeling Of cau-
tion in investments that will prevent that
recklessness which has characterized the
busineo Of so many and led to financial
calamities and embarrassments. All Of
these things the great stsgnation in
business has had the tendency of teaching
and must, therefore, have a very whole
some effect. We have had to pay very
dearly for this experience in the crashes
that have visited many of the most solid
business houses Of the country. Men who
were ranked among the shrcwdest fnan-
ciers, were compelled to yield their busi-
nesses to overwhelming embarrassments,
owing to tae fact that no such pressing de-
mands were ever before made upon their
tactics Of 6nanciering and business man
agement. They found themselves wholly
unequal to the harsh dictates of the pros
trated markets they were trading in, and
the stagnaation of all the channels of
trade through similar circumstances have
brought on the calamities that have re-
vulsed the pulse Of business.
As We have said before this will, when
> revival comes, have its wholesome ef-
Fects, and although it has been an expert
snce purchased at a very dear cost there |
will .be general benefit derived from it. |
Already benefit has been gained in the
practice Of on economy that has hitherto
been unknownand the principles of which
will be lasting. In regard to = revival in
business there are many predictions among
hose who are considered judges, that such
+ not far distant With many the belief
B that it will occur in tho Fall of the year.
Among the merchants in our own city
here is great confidence Of the revival oc-
'urring at that time, many Of whom as
.ribe as their reason for this belief the
'bundant grain crops which the Peninsu-
ar Of the State will yield,
nd the revenue that the peach
rop has been the means of bringing in
There are others who place the time Of the
evival at more distant period, and name
he commencement Of the Centennial year,
$ the time when it will be witnessed. At
hat time new epoch will be opened in
he history Of the country, and it will COM
nand greater confidence Of the people in
ne another in business transactions, which
) very necessary to the success of business
{ all times. In our local matters this
morning We publish the views Of the vii.
nington merchants and manufacturers on
his subject, which will be found Of great
interest. Iftheir views may be taken IS
air prediction, the gloom of business that
re are now passing through is but the pre-
urser Of brighter prospects to follow, and
Delaware has 4 cheering prospect before her.
A SAD story comes from Saratoga about
ohm Morrisey. John prides himself on
eing the friend Of the working man and
'uts in plea for their receiving good pay
n the ground that every laborer is worthy
t his hire. This be has for long time
aunted to the public. But terrible story
ow floats over from Saratoga, where Mr..
iorrissey has number Of laborers en-
loyed, that he pays fifty cents day less to