Fayette County herald. [volume] (Washington [Washington Court House], Fayette County, O. [Ohio]) 1860-1???, 1876-10-19

All indications point to the fact, that
is, we consider it a fact, that there is to
be revival of the general business of the
country. For many years-say half q
dozen-agriculture commerce, and trade
of all kinds has languished. All this has
been the natural result of the reaction
from the great war of the rebellion
While the war, and while its apparent
effects lasted, all was prosperity, and all
was success. Men made money with the
mere turning of the hand, or by a small
share of ordinary business experience or
sagaeity, but after a time came the peri
od OF stagnation, when all business was
dull and all trade was on the decline. It
was very natural condition of AFFAIRS
The country had exhausted its resources.
(and this has never been a nation noted
either individually or collectively for its
economic administration of affairs) in the
settlement of its great internal war. But
we have at last outgrown this, and the
country, to-day, stands ready. for the in-
auguration Of new era in its general
business. After the present political
ness, the "soft money! and the sshard
money" business will be forgotten. 1T is
| only until November and all this will be
ldOne. Stump orators, who are seeking
preferment, may for the time, convince
the people that to vote for this candidate
or that, will preserve the nation intact,
| but all intelligent people will concede
that we shall go on, as we have done here
tofore, to develop the grandest nationali-
ty that the world has ever seen. The
simple truth is, that this country has gone
through its period Of financial depression,
consequent on the war, and that it is on
its way to an epoch of financial prosperi-
ty such as it has never known.
Whether the sFgreenback" party or the
| 66haT0 mOnlU13 Tfv wins If iC f1Svnd
fact that the country is on the road to
prosperity. All the political orators of
the day, be they on the one side or the
other, with their representations this
way or that, can not turn aside this grand
current of events. The laws of commerce
are immutable and the talk of men can
not turn them aside. The railroad COM
panies have complained of depression
/ and injustice at the hands of the farmers
and those who sympathiZe with them,
| but their managers to-day acknowledge
/ that all that has been advocated has been
in the interest of true economy and true
prosperity. The farmers movement for
railway reform has but resulted in good.
Look at the returns of the railway COM
panies for the year. What but prOsperi-
/ ty has befallen them, even in the face of
their own outcry against the tGrangers =
The period of railway swindIes, either in
construction or management, has passed.
INO more rings or cOlIuS1On Will De
tolerated. No more roads will be built
than is necessary for the development of
the country. No more land grants will
be given. Great rival lines have been es-
tablished to the seabord, until it is fact
that great transportation extOrtions in
the carrying of the produce of the West
are almost impossible. We may not in
stance this railroad business alone as evil
| dence of genuine prosperity. The price
of real estate in Chicago, in New York
and other great cities bears evidence of
the same fact. Not for three years has
the prospect been so good. In farm lands
ha1so the same fact is apparent. Money is
i loaned at a less rate of interest and farms
are bearinga better price. Mortgages
are being paid off at a rapid rate. Crops
are, at least, an average, and Grange and
other country stores are prosperous
Wholesale trade is opening up very en-
lcouraging1y, so say our city dealers; and
/ collections are fair. The fact that the
most prominent New York mercantile
house is opening branch in this city, is
sufficient evidence that Western trade is
now worth looking after. On the whole
then, we conclude, that the panic is over,
and that all classes of people may look for
prosperous times. Besides all this, it may
not be out of place to mention that gem
eralEuropean war is iminent, and that,
in case it does occur, prosperity to Ameri-
ca will surely be the result. In view of
all the facts the people of the West may
surely be not only hopeful but sanguine.
The American Former.