The Hillsdale standard. [volume] (Hillsdale, Mich.) 1851-1909, 1879-07-22
Brighter Days.

The average increase OF business In
twenty-nine cities OF the country, as in.
dicated by the Clearing House returns.
was twenty-three per cent. for the last
week OF June as compared with the
corresponding week Of last year. The
total increase for the month Of June
reached the enormous sum Of S4l6. 600,
600. Tho week following included the
Fourth Of Jnly, and a. the banks were
generally closed on that day, and in
New York on Saturday as well, the
weeks banking naturally suffered n
corresponding disturbance. All stats.
tics, however. in all classes of trade,
and from every part of the country
confirm aud strengthen tue general
testimony as To the solid, permanent
and healthy increase Of business. The
internal revenue returns show an as.
tonishing increase, measuring a. they
10 the general recovery OF mauuiac.
lures. IL has come TO point when
English statesmen in Parliament point
90 the rapid and substantial recovery
of American prosperity aud try TO draw
from that fact some vague encourage.
ment for the depressed and despairipP
people Of England. They find the
analogy rather distant and difficult to
define. The United States have year
ly balance OF S475, 000, 600 in their favor
IN their trade with foreign nations. and
Lhis balance is constantly and rapidly
growing, while Great Britain's balance
ls growing the other way. The Amer.
cans have bountiful haryests. while
those Of England are poor. We have
au enormous surplus in our food sup
ply, while England buys each year
more and more Of her bread aud meat,
her fruits and tobacco, abroad. The
cheGpness Of skilled labor and the en-.
Drmous use Of superior labor saving
machinery give American manufac-
lures advantages which enable them 10
push their wares further aud further
each year into markets which Great
Britain has heretofore practically mon.
opoliZed. The news Of Frightening
skies in this country has reached all
classes Of Europeans and the tide inn
migration is increasing week by week
The Republic has outlived the most
desperate struggle for existence re-
corded In the history OF nations, il has
survived the perilous period OF inflated
paper currency aud drank TO the drcgs
the bitter cup that inevitably follows "A
debauch OF fictitious values and ire.
deemable paper. IL has risen from the
irying ordeal strengthened and chast-
ened by its experience and has begun
on the firm and changeless Of restored
specie values a period Of healthy pros
perity such as this country has never
before known. The only possibility
which can imperil this prosperity lies
ia the heat and Tecklessuess OF our
politics; the desperate determination
Of the Southern Democrats TO set aside
the blood-bought results Of the war,
and make the caufe that was defeated
in battle practically triumphant in leg
islation. Ia this determination they
have tire open encouragement and as
sistauce Of their party throughout the
North; hut the saving good sense aud
patriotism Of the people, anchored by a
Republican administration and an able,
fearless minority in Congress, has far
averted the danger, and. with the
blessing Of Providence, will do 80 t.
the end. The people are greater than
any man or combination of men IN
public life, and the people have de.
creed that the debts OF the nation shall
honestly paid, that the dollar OF the
republic shall be an honest dollar, and
that the constitutional amendments,
which embody the results OF the war
shall and.-lCleveland Leader.