Daily Kennebec journal., 1877-08-24
Returning Prosperity-Bad for
G. eenback Men ID Demo-
Gratis.

Gratis.
While the croakers and prophets of evil
are uttering their wailings and forebod-
ings in relation to the hard times, the dis
cerning minds of the country see the
indications of the breaking of the business
depression which has been upon the land
the past four yeers. aud the revival of
prosperity.
This is not good news for the green
backer, for his delusive theoli,s will fade
away before returning prosperity as sick
ly mists before the rising sun. Business
prosperity will not create more cur
rency. but it will unlock and put in circu-
lation that which is lying idle, and demon
.straie that we have ample currency Cor
the business wants of the people.
Nor is a revival OF prosperity calculated
TO make the croaking, vinegar-iaced. stu
pid democrat happy, for it will render
harmless his denunciatons of the repub-
lican party as the great and sole cause OF
the paralysis with which business has been
afflicted. 1t is the misfortune Of the par
ty in power always to be held responsible
for whatever business disasters may fall
upon the people, even though the admin
stration may have as little connection
with the causes of the trouble as with the
advent of the cholera upon our shores or
the destruction of crops by the grasshop-
per or potato-bug. The coming OF prosper
ity lifts this load from The party in power,
aud its opposers must seek some other cry
than ''hard times to shake the faith and
confidence of the people in the party in
which they have put their trust.
From the most reliable sources come
statements Indicative that we have seen
the worst of the hard times and are al
ready upon "the mending hand" Trade
in the large cities is showing Improvement
Confidence is gradually returning in all
branches of business Labor will soon be
in better demand The shipping interest
is feeling the benefit of increased rates for
freight. But the best reliance of the
country for an Improvement in the times
is in the vast agricultural products of the
year and the certainty that all our surplus
crop of wheat, corn, potatoes, rye, oats.
hay, pork, beef, and even of manufactures
Of cotton and wooden, will find a ready and
remunerative market in foreign countries
There has never been in the West so abun-
Ia Mt a hot oh hag
about to be gathered. it is estimated that
in Minnesota, Iowa, Wisconsin and Kan
sas the wheat crop will reach HI 900 900
bushels against 61 ,0G0 600 bushels in 1876
and 81. 3.000,0 900 in 1879. The prospect in
other Western States is equally as encour-
aging. To move this immense crop the
railroads will be taxed to their utmost.
and railroad managers are now making
preparations for the largest draft upon
means oil transportation ever known. This
means business for everybody-the COM
mon laborer, farmer, mechanic. lumber-
man, professional man and merchant. A
reliable authority in New YoIk, the great
centre of trade and commerce in the
country says: "There Is a greater inquiry
for ships to carry this crop than there was
last year or than has been known for many
years. Should the war in Europe end.
there would still be a good demand as it
is now too late for the recovery of the
time lost by the combatauts The flour
crop will undoubtedly be large and hour
will be cheap, enabling the laborer at re-
duced wages TO feel that the great crop
he has heard Of is really OF some benefit
10 him when Il comes. The receipts of
-four and grain at seven OF the Western
cities during the week ending Aug. II
shows that there is decidedly larger sup
ply coming than was received last year.
Tae returns for that period, were of fl our
%, ,97s barrels, against 91,G8l in the cor
responding week last year. Bushels of
w1eat. ezl, ,290, against S0j, corn,
3,267. 1894, against 2, 4s7 1868 oats. 55l. .87j
against 3s2. 756 barley 2S,379, against H.