Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1877-09-13
The Outlook.

The voice Of the croaker is not heard
in the land. Its absence is a great re-
lief. The croaker died hard, too. He
seemed to like TO talk about Rard times
and to predict harder times. But he
has had to surrender. He now COM
forts himself with the assurance that,
but for the fine harvest, times would,
have been wretchedly bad. That is no
doubt true, hut the crops were never
better, and if times do not improve it
will be in vain to look to large crops
for a basis to work upon. Y iEE = -s'
There never was, we suppose, liner
barve5ts in this country than those
this year. The productivenesS is not
confined to one section or one kind Of
produce; it is general, and includes
wheat, oats, barley, corn, potatoes to-,
5acco, and flax. Everywhere and in .
man is abundantIy rewarded. The
larmer is therefore prosperous, and in
his prosperity lies the basis for all pros
perity. The soil aud the miners are.
the source Of wealth. Upon these 9TH
er industries rest. Ii merchants and
manufacturers, therefore, do not profit
by the prevailing agricultural prosper
ity, it will be their own fault.
1t Is fortunate not only for this eoun-i
try, but for Europe, that We have
abundant harveSts. The crops are de-
ticient in England, France, and Ger
many. Russia Is at war, and the sup
plies OF cereals from that country are
largely cut off. This, and all other de-
ic;encies, must be supplied largely by
the United States. The result Will be
heavy demand for our surplus pro-
ducts, not at famine prices, but fairly
renumerative figures. Already heavy
shipments have begun. the balance Of
trade is growing in favor of this coun-
try. The London papers, discussing
the probable movement of coin, think
that may be prevented by the ship
ment of bonds. That would he just as
well for this country. If we can keep
our gold prospects and get home part
of our bonds, it will be cause for gen.
eral satisfaction. We do not need to
import gold if we can only prevent its
export. The United States produces
more coin than any country in the
world. To import coiu, therefore,
would be like bringing coal to New
castle. HERETOFORE war demoraiized
.old and drove il out of the country.
The policy now should be to remone-A
tie il and keep il at home, in order
that we may initiate with coin and not
with paper. That is the way to make
real money plenty and to impart to
business healthy imitation.
But in addition to fine harvests,
which is an excellent starting point IN
a revival of business, there are other
things that tend to bring about the de-
sired result. The people, for several
wears, have been pracfieing close :
economy, many for necessity and many
more from choice. They have also been
to get out 0f debt. IL ls s.
great mistake to suppose private deois
are large. They are not near 50 large
as they would be in prosperous timei.sF
The dispositions not only has been 10 get >
out of debt, bat to keep out. This dis
position has contributed largely 10 the
in business. The change
from this when it occurs must be marlx-s
sd. Farmers will be tine first to feel it.
They are feeling it now. Merchants
and manufacturers will feel 1t next
and they are beginning to teel itlns~.
is in the air. WeShall /
not and ought not to have any sudden
spurt- quick imitation, but Q ]
,tea6ly. healthy, Improvement, based
upon sound principles and money very
nearly solid. ~ ,i'-'is - si.ss = = q
This Is what the outlook indicates.
There is no longer place Tor t9e
The frst frest will carry MIN .
Oh. He will disappear with tina ks'y-st
dds and the mosquiroes.-loa oan. 1az. g