The morning star and Catholic messenger. [volume] (New Orleans [La.]) 1868-1881, 1876-09-17

| no pUUl4C uhNO buO "bbLoE I'd u CSTCAlH u0
gree in their own hands. They need no
lay in large supplies, and they can hold an!
future combination in check by substitu
ting semi bituminous coal for authraclt,
wherever practicable. The anthracite Goa
properties are too valuable to be long per
mitted to remain idle. Cheap coal vii
stimulate and revive many languishing ia
dustries, especially all those mills and man
utactories which depend on steam as a mo
tive power. The lower the cost of produc.
ton the greater the number of consumers
While prints at eighteen cents would go Of
sluggishly to q limited number of buyers
at nine cents they are within the reach OF
| millions, az is shown by the brisk demand
| developed 10y the PRESENT low prices. Cheap
coal will greatly Lessen the cost of produc-
ton of certain manufactured articles, aud
enable the manufacturer to appeal to a nj
merous class who, owing to the high prices
OF the past, have till very recently been
comparatively out of the market.
Aoundspt crops throughout the country
| have been the rule during the last four
years the planter OF farmer is financially
in a very strong condition. He can crafty
all his legitimate wants, pay his debts, and
lay up out of his surplus something hand
some for rainy day besides 1t Is. gener-
ally conceded that our agricultural classes
will from this time forward, be large consul
mers of mapufactured goods. Buy ers from
the South, Southwest, and all parts of the
West, are operating with great confidence.
The demand for assorted merchandise
adapted to fall and winter trade is steady
and strictly legitimate, Large lines of
goods have already been distributed to re
tailers in the Southern, Western, and South
western States. In word, the trade is
brisk, active, and healthy.
This present year the cotton crop prom
lses to be immense. Notwithstanding the
steady development of our agricultural re-
sources and the constantly increasing pro-
ductlon OF cotton, grain, toSacco, and arti
Giles of necessity made from raw materials
grown here, which we can furnish to for
elgners cheaper than any other nation, the
continued and marked decline in our i'm
port trade Still obtains. 1t is in our opinion
one of the most gratityn evidences of
determination on the part of the people at
large to resolutely practice economy and
abandon that system of lavish extravaganza
which, when taken with dishonesty and ex
travagance in the Government, contributed
80 much to bring abont the financial disas- |
ters and general depression of all interests |
from which thu country is beginning to re-.
cover In the expectation Of . thorough DO |
litical change.
The inn ports of the United States for the |
fiscal year ending June 80, 1876, including
specie, compared with the previous year, |
show decrease of $77, 600, 600 while com
pared with the year 1872 3 (just previous to |
the panic of 1879 the reduction is $I57.-
OOO,OOO. The total reduction since 1873
represent, a very considerable item in the
economies of the nation, and an actual Ii |
quotation of SO much Indebtedness, either |
foreign or domestic. glance at our do.
mestlc exports for the twelve months ended |
June 30. 1876, as compared with the previ- |
GUS twelve months, shows an increase in |
indian corn, cotton, wheat, oats, rye, small |
grain, bacon, hams, and other articles. The |
Increase in 1ndian corn alone was from 49, |
S5o 400 bushels in 1875, to 40, 493, 572 in |
1876, an increase of 30, 635, 152 bushels. 1t |
will thus be seen that our demoeetic export
trade has in no manner suffered by reason
of our diminished imports, a doctrine which
is sought to be inculcated in some quarters.
With the return of our citizens to their
city homes-the cool weather at the seaside
and 10 the mountains is rapidly thinning
out the sum ner resorts-and with strength
ened prospects, of complete revolution in
politics, We expect to see an active retail
business in all departments of trade. Retail
prices are in many branches even yet far
Too high. Fashionable tailOrs, dressmakere,
and hatters have made scarcely
any change from old rates., The same may
be said of butchers. The production of
cattle in the Western States has augmented
In much greater ratio than the consump-
ton. The result has been a considerable
decline 10 wholesale prices. In the face
Ot this decline, retailers still maintain their
rates. Let tie retail butchers
Temem Der what befell the coal com bination,
and reform their own. business while they
vote for Tilden aud Hendricks.