The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1877-10-06
BUSINESS REyIYINa.

From all directions, north, south,
'ast aud west we hear Of the great re'
'iyal Of trade, of the restoration Of con
ldenoe and Of the renewed hope Of the
people All the great lines OF railway
rom the west to the east are worked
TO their utmost capacity, and the busi-
ness they are doing II profitable 10 them
no less than to the country generally
In breadstuls and cotton there have
been severe fluctuations and the ruling
price has been just below reasonable
margin for profit 10 the producers As
the season advances however, the ndi,
cations ara that prices will rule higher
for the great staples, This feeling inN
fuses confidence and is already having
u good effect on general trade, is stamps
ing itself upon the initiatory move
ments and alignmonts OF business our
merchants ARE purchasing heavily in
their several lines and many enter
prises which had been languish'
ing for the want Of money,
and confidence, are being taken up
where they had been laid down, when
the chill blast Of business stagnation
overlook them, Men are at work TO,
day who have been idle for years. A
new and better purpose animates them,
In the south, with the exception of q
few local causes OF failure, such MS
floods, worms and drouth the crops
have been excellent, and fortunate it is
for us that they are of that character
for which there is always demand at
cash prices, because we raise and deal
only in prime necessities Of life the
common wants OF our common hu-
manity,
4 greater confidence Is felt III the
political situation, We have again IN
honest and capable government, and it
is nearly certain that during the next
regular session Of Congress the
great blunder Of the resumption
legislation OF the last few years will be
corrected, repealed or so amended as to
give to the county that supply of mon.
ey without which it cannot hope to
handle to advantage the vast pioduc,
tons OF the season
1T is curious to note the early effects
of this revlving confidence upon our
local business, and all who are inter.
ested in it. Perhaps il we say there il
sixty thousand dollars II day paid out in
Dallas for cotton, grain hides, wool, etc,
etc, we would be inside Of the truth
considerably This money has the
power OF diflusing itself rapidly among
the people. Men no longer blush, when
they meet a creditor, because they have
either the money to satisfy him, or they
can give him some hope of n speedy
payment. The good effects of this con,
iidence are felt 10y all from the highest
to the lowest, and in few months
the pressing obligations oil the
people will have been discharged
and new possibilities in trade are un>
folding themselves to every earnest,
capable work or with each passing day.
Let the country have but one season of
confidence and success and it will re,
ceive such an impetus as will astonsh
even the most sanguine, Then we will
have no more bread riots no more
burning and destruction of property by
starving and Departing men, no more
pale unemployed mechanics no more
marchipgs and bvouacs of troops to
guard the property of railroads or indi-
viduals.
Mlsmanagement of the resources of
the country is responsible in the first
instance for the stognaton of bust
ness. Hayes is applying the corrective
there, and the country will take care
to place no stumbling block in the way
OF congress, and the revival of business
will satisfy the people, so that good
times have really come again.