Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1879-09-12

There are some people who are constantly
dccyiug the present condition Of the couu-
try, and who are seeking every opportunity
to declare that the revival Of business talked
about is as far of as ever, and there are as
many men out Of Employment As al any time.
and that those who are employed are so poor
ly paid that they can scarcely keep soul and
body together, aud much more Of the same
sort. No one need pay the slightest atten-
ton to this class Of croakers for they would
growl during a shower Of gold because the
pieces were not st in precious stones.
1t is beyond contradiction that hope has
returned to business men, and on every hand
are to be observed signs Of returning actiyi-
ty and prosperity. Without confidence there
would be no investments of any kind, and in
yestmouts aro now being made in real estate,
railroad and other stocks by parties who, six
months ago stood aloof and viewed all such
movements with fear and distrust. Prices of
some commodities have advanced, another
good sign. Factories long idle are again
moving, giving work and bread to thousands
Of people before idle. The freight business
Of the railroads is growing rapidly, and the
tide of travel has assumed great proportions.
The agricultural interests of the country show
the same improved spirit. The unanimous
testimony Of those who have lately visited
the Norhwt stern States is that the wheat
crop promises to be an extraordinary one
The iron and coal industries are in good con-
dition and steadily improving, In almost all
manufacturing districts the improved tone of
business is manifested in the growing demand
of the workmon for an increase of pay, and
in the largely increased product of mAnufac-
turers The volume of business in all the
large cities is steadily increasing on that of
the corresponding season of last year, despite
the fact that contrary predictions have baen
freely uttered. And yet, forsooth, there is
no Improvement in the times ~
Nothing will so surely dispel croaking as to
persistently predict and as constantly look
for better times. A comparison of the fig
ures between 1873, when the business de
preston was inaugurated and those of 1875
when our financial troubles apparently cul-
minated, will be pertinent in this connection
That the apparent prosperity Of 1872 and 3
was really fictitious was shown by disasters
which so speedily followed the announcement
of the failure Of Jay Cook a Co. Our i'm
ports that year We're the largest on record
except for 1872, reaching S39s, 5G5, $50 our
exports were only S34S, 800, OGG. In 1875 our
imports were the smallest on record since
1865, reaching only S3O3 ! So STA falling
of as compared with 1873 of S95, 37S, gG9
Our exports in 1873 were S3G2, i22, O9S-a
difference Of S13,Gl7, O22 over those of 1873.
In 1873 we bought much more than We sold,
causing a heavy drain of coin from the coun-
try. In 1873 the condition was reversed.
our sales having been much larger than our
purchases abroad, In the former year a
crash was inevitable in our present improv-
ed state prosperity seems equally certain.
Let the croakiug wise-Gcres continue 10 wag
their heads; the country prospers in spite of
them.-JourHdi toT the Stationery Trade,