The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-09-19
airl,m,ond lisnatfh,
YssryBsp SEPTEMBER 10, 1878
state OF Trade.

tbs continued progress OF the commerce OIL
,na country in the direction OF improve
ment and approach to solSency and sosidlty.
There has been a steady increase ia loans
and deposits, while tie circulation has IN
creased hali-million OF dollars.
The imports for the last week were
s5,4io,o40 against s6,34s,00o the CORE
spending week of last year. The decline
in imports ut New York from January LIST
TO ths: date was about S., Soo.0c0, OF nearly
fourteen per cent. The exports OF domestic
produce from New York for the week end
ING Saturday were over s2,000,CO0 larger
than thev were for the corresponding week
az last year, and the increase since january
has been about $50. 2GG. G00-ovcr tWchty-
six per cent. The loss i'll imports mas pech
greater at other ports than New YORK.
Should the exports and imports continue
through the year at the rate stated, the eA-
ports, exclusive Of specie, Will amount 10
about 500. o00, 900, and the imports to ABOUT
$i20,o1o,00o.
This is very satisfactory exhibit. 1t Is
expected that in the department OF bread
STATS the exports during the balance OF the
wear win hc larger than they were last year,
though it is feared that there will be q
Salling-oE in cotton on account OF the yell
low-fcvcr in the Gulf States.
Failures are diminished since the rcpeai OF
the bankrupt act, and, except in the region
OF the plague, it is reported that business
generally shows an Improvement. There Is
n show OF increased business on railways.
That we must soon emerge from the con-
dillon so Ion. existing in The commercial
world is certain. We have long since
touched the g hard PAM" and the somewhat
raraly.ic condition which has retarded the
onward movement towards recovery Is
giving place TO restored confidence ana en-
errv. In Ioca|i.ie, there is growing up an
Improvement the signs of which cannot DC
mistaken.
The greenback agitation cannot obstruct
the advancement that has begun The ~
turc Of that agitation is one that can't spreaG
alarm amongst the people who have hcen
50 Injured to the disturbances caused by
of;ice-huntiug and unscrnrulous politicians.
There is a lirm ard settled view oT the ma
tonal interest upon finance that cannot be
stimulated TO madness by the excuses Of the
scucyy politicians, who arc ever prone TO
rush into extravaganza, under the impress
sion that by so doing they Will "in the al-
provo! OF the people and get enough votes
to elect them to places where. with their
hands in The public Golfers. they can fitch
enough Nancy to live without work. The
a@itations OF these politicians arc Wild and
bitter to degree that cannot alarm the peo-
PIE. They know it too Wei.
The great body OF the people, together
with the wiSeSt and most trustworthy lcad-
er:, favor a proper and wise financial adj
miniS,ration OF The Government, which shall
equally avoid contraction and that excessive
issue Of papcr-moncy that would disas-
trousiy impair the value OF the currency OF
the land. All should know now that this
middle ard prudent course will be followed.
so there is no prospect that the political
lrnatics are going to succeed, ana that
either people or Government vii! be so
frightened from reason and propriety as to
be induced TO rush into any extravaganza
OF opinion or policy that may cause 4 ruin
Gus revolution in the national financial
policy.
On the contrary. the ultra schemers arc
steadily willing, and ere long will be tioun-
tlering hclrlcSsly under the general CEN
sure OF the people. The voice OF the ma
ton. a little disturbed and shaky here and
there, will settle down upon Foundation
OF prudence and safety. The country has
learned too much in past storms and pros
iration not to know that now we must stop
agitation and tinkcring, and give lime and
camnnss 10 put affairs to rights and restore
confidence.
II is not by fiery and crazy agjtationS that
the country is to reach order and prosperity.
II trade and industry he allowed to flow in
their natural course everything would soon
be brought to such a calm and clear condi-
ton that the way to reimbursement would be
at once seen and pursued.
That the country is getting out OF trou-
bia-,ilat through our vast expectations and
diminished import trade the country Is get
ting out OF debt, and with the help OF in
dustry and economy at home The people are
getting out of trouble, are clear. So surely
arc the national affairs growing better that
the sporadic agitations Of mercenary parti-
sans and bad politicians cannot seriously
rctarta the general Improvement.