The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-17
something more than S16,oOo,ooO, 10 1851. me
excess In seven weeks Of this year Will oyertop
that of the year 1861 by "a, 100000.

excess In seven weeks Of this year Will oyertop
| that of the year 1861 by $4,OOO,0oO.
| The late Cincinnati merchant, John Shilli-
IN has been the leading retail dry goods
deaJnr there for more than forty years, and
| in oil that time. il Is said, had never failed,
auanended COMPROMISED or asked TO COM
,,roro;aa With his creditors. He always paid
dollar for dollar, always did business on
strict business principles, and was almost the
~; merchant In that city who had 80 long
weathered the financial storms and stress OF
d very trying period. Merely to reason about
IL II would not seem remarkable that mer-
chant should for forty years carry On bust
ness with uniform success. But facts and
statistics show that such instances are ex-
trernely rare In any part Of this country. Few
business men n the United States 90 on, 1t 10
said, for fifteen or even twelve years without
| failure or suspension; these, on an average,
get into serious pecuniary embarrassm ents
every ten years, most OF them being hopeless
| ~ crippled thereby. One might easily count.
we suspect, all the merchants In this city who
hold together forty years, half that time be-
| ing sufficient here to give firm reputation OF
age and extended credit. John Shillto attrib-
uted his unusual prosperity to dealing in cash
whenever 1t was practicable and to giving per-
sonal oversight and attention to his affairs.
Unless out OF town he spent certain number
OF hours every day at his establishment.
Among the many reviving Industries OF the
present time that Of carriage building holds
prominent place. The seventh annual con-
ventlon Of the Carriage Builders National
Association OF the United States Is to be held
at the Metropolitan Hotel Ii New York on
the fifteenth OF October, and the assurances
Of Its secretary are to the effect that the time
of depression for the trade Is past, and a gen.
eral revival Of business In this industry 10
being experienced and promised. The export
business, which was quite active In New
II York before the war, but has been rather
PROSTATE during and since, Is now reviving,
and vehicles finished, as well as In parts, are
sent abroad The statistics which the asso-
citation has gathered show that upward OF
million OF CARRIAGES are made annually for
the use Of persons residing IN the United
States, employing over $4,000 persons, and
aggregating In value S1O0,000,000 per annum.
This gives one carriage to every forty per-
sons In the United States, and does not in
clude sleighs and thousands Of other vehicles.
1t is proposed by the national association to
organize technical school for carriage me-
chanics similar to those adopted In England
and France, and one extensive manufacturer
has already pledged $1,000 for the purpose.
The business embraces some OF the most en-
terprising men In the country, and we are
glad to see it's interests In the ascendant.
Not long since there were considerable I'M
portations Of East India wheat into England,
and straightway the prediction was made by
some English writer's that Asia was destined
to become d formidable competitor with
America In the food market there. The pre-
! diction may be fulfilled at some future time,
possibly, but at present It Is scarcely within
the range even OF probability. In report
just submitted to Parliament from the gov
eminent director of the Indian railway COM
panies for 1878 g. 1t Is stated that 'n 1877 the
receiptsIwere swollen by the carriage OF wheat
and other grain caused by the famine. In last
year 1873 India was unable to compete with
America in the export Of wheat, American
wheat being landed In England at thirty shii-
!, ings quarter, while Indian could not be
supplied under forty shillings." It is but
some four years ago thai Indian exports TO
Britain began to attract attention. The
movement since then has been as follows, the
returns for 1879 amply bearing out the
railroad commissioners statement as to the
inability Of Asia to compete with America.
Exports of wheat from India to Great Britain
Yehl. 0w'. Year. CWt
1879 .....- 26O,TU4 isfi--.- -*---. -2-s4lbt
1873 1.3o9170 1876 426 WV
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