Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1879-08-01

HUNTING FOR STAG NATION.

just nowhere are SalAYanti15
around over the country crowd Of
most gentlemanly bummers. Exact
" what these same bummors arc
after is matter hid in the mists.
They were brought to the front BY
resolution Of the last great back
down" and may then have |
had a prospective occupation, but
now,like Othello's it's gone. These |
bummer8 are elegantly denoninated |
Committee to Inquire into Che
Stagnation Of Business, and the
Head hummer is a certain Hen~
drick B. Wright, Of Pennsylvania.
They are at present summering at
Chicago. They moreover are not
happy. The Head hummer,
especially, is not happy. In fact,
he is just the opposite. He, with
his crowd of "junketers," have
trrveled extensively at the public
expense-and wherever he has been
he has found no 8tagnation. AT
last he wendell his way to Chicago,
the Paris Of America, as far as
Communists, Nihilists and Socialists
are concerned, thinking that i
there was anything to stagnate it
would certainly be in city ruled
by these " restingmen.' Again has
he been baaled, and now he knows
not where TO lay his weary head.
The business Of the Who'll;
country is reviying, Every
where the laborer may be discovers
busily welding the implements Q
his craft. In thousands Of furnaces
abandoned during the depression
the fires are again kindled and tn
black smoke, sure sign Oh prosper
ity, is once more issuing from thou
sands of smoke,8taoks. The grim
blacksmith is hammering away
his anvil, the carpenters are
work with saw and hammer, Il
mason is rearing huge edifees, al
the merchant is joyfalIy conteh
plating his busy warehouse, 81
every trade is thriving. ResumptiS
is fact, and resumption did it.
These bummers, and the He
hummer, are telling woefal stoli
of the pauperism and misery in t
East. The Head hummer d
courses oloquently, if mendacious
Of the ruin that is staring his
tive Pennsylvania IN the face, \
withstanding his direful utteTane
the Philadelphia Record, an a
thority upon the subject, prints
following:
"Wheu the present year ~
the prospects for the lroa &4a
trade were about as gloomy rs &c
be imagined. .The demand VS.
minimum, and prices we're IoWSi
ever before Men OF tae WoTl0, g +
with far seeing faculties, WilSI az
if there was no hope ior Sha -
shook their heads m0urntullg &he
pressed a fear that the history q
mast three years was TO be fefeste'
1879. Fortunately. hoWeVsC, s
gloomy fogebodiug have no
realized. The tide begGs TO t@ra
Rsbrudyq, and every success
month has witnessed a growing
encouraging improvements IL
great industry"
Again, Mr.. James n. SWa
the Secretary Of the Iron
Steel Association, who is him8e
Greenbacker and anti-resumptioI
says in his report
arhere viii be more iron ia
turned cut IN the United STATES
year than IN any che year ID taS
malls of the country. When s
of iron and steel, i embrace cate
cally more rails, mote barelfoAi
Mate aud sneet-iron, more pig
more Bessanler steel, and nole {
BILE steel.
uNhat Is better, tniB large pEe
ton is ia answer TO the demailo
manufacturers are not % III Z
past years, piiiBg up steeka Ia or
Keep the furnaces "A 0taat'
have not advanced 10 any e0nsl
bic extent, YET hey are 10 10 i
cent higher than last fall, =. len Il
wefe lower than ever before ID
country. Oar present eonaitiol4
cidealy encouraging,
II expect that the st5tkVity
prevails to-day ia all hEai4eiles,'
ron and steel trade viii e0uuth
at least. a year to come; Nss al,
the favorehly situated rolilpgi "a !
in operation. and numerous. OF
mills, as well rs furnaces ana