The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1877-06-29
FarMvets' Column.
Speed the I1IOlC."
Our Prospects.

| There are many signs that for farmers
at least most of the hard times are over
and if there be not remarkable career
OF prosperity ahead for the cultivators
OF the soil, we shall be very much surpris-
| ed.
In the first place, the immense amount
of thoughtess debt incurred during an in
Hated currency has been measurably reduc-
ed. The people who bought farms at in
hated prices, mourning mortgages to be
paid when currency and of course the
price OF the farm produce would be near
par, have paid up in full the price of their
folly, and those who incur debts now will
have some reasonable chance to foresee
what prices they will get for their pro-
ducts When pay day comes round. There
are not SO many western farmers paying
ten to twelve per cent. interest on purchase
money OF their farms as there once were.
The people who lived on interest will
have to so to work with their money.
borrowers are few. The banks hardly
know what to do with the money thew
mold. Instead of putting it "out to inter
est" capitalists will have to invest in
productive employment This will put
people to work, and the workers will
have TO buy farm products.
Not by any means among the least of
the bright features of the future, is the
steady increase In our exports, and the
decrease IN the amount of manufactured
goods. These matters especially interest
the farmers of this country, as with indus
trial prosperity his success is intimately
bound. 1t is generally good sign when
there IS large import of raw material to
be used in our industries and worked up
to be sold over again at an enhanced value,
but when the imports are of articles that
we could just as we'll make wholly for our
selves, it is another thing. Thus imports,
heavy though they may be, do NOT always
snow things are going wrong. 1t may
show nation is very wealthy, that she
can afford to buy largely, indeed to buy
much more than we buy, and this seems to
be exactly the condition in which we are
hndlng ourselves.
Among all the exports of the few past
years, nothing is more gratifying than the
increasing shipments of cotton goods.
When some of our Eastern manufacturers
sent some of these wares to England, and
undersold the British manufacturers few
years ago, the English comforted them
selves by saying that it was simply of our
overstock, and were sold only at loss;
but the work begun then has been contin-
ued until exporting dry goods to England
is trade almost as regular as shipping
corn. At Manchester there are regular
agencies for supplying American goods,
and the American brands are generally
popular. The amount of goods sent from
England to the United States is not one
fourth OF what it was a few years ago.
The number OF yards of cotton goods ship
ped from the United States in 1877, though
not all to England, was over ninetv.six
millions, by far the largest years business
ever done.
All Of this must rebound to the farming
interest. 1t costs much less to sell food to
operatives in the United States than to OBJ
peratives in Europe and the more of them
we have the greater is the gain to us.-Ger-
@1antOaon Telegraph.