Ashtabula telegraph. (Ashtabula, Ohio) 1874-1880, 1880-01-30
NEW YORK LETTER.
THE Ru1sNEss OUTLOOK.

| THE BUSINESS OUTLOOK.
When New York takes snuff America
| sneezes - commercially and, therefore,
when you know how much snuff is being
taken here you can guess quite cleverly how
much sneezing you are likely to undergo.
Gotham had the honor to inaugurstet he
late hard times IN the grand Wall street
crash Of 1873. She was the first to feel
the qulckening life-pulses Of trade which
all the country now sensibly feels; and
close observers of our national condition
have always been able to forecast the general
condition of trade throughout the land by
knowledge of the forces operating on Man
haitian Island. So when I tell you that
business Of every legitimate kind is better
here to-day than at any time since 1872, it
means hope for all throughout our fair
land who have been locking YEARLY and
anxiously for the dawn Of better days
Every branch Of industry here is in full
blast, Everybody reports an increased
volume of business. Many factories are
running full. Almost all products are
bringing better prices. Paper has advanced
from 30 to 80 per cent within four months.
Iron has gone up almost 100 per cent.
and the prospect is that even our immense
deposits of iron ore will fall far short of
supplying this years demand. Mining
for the useful as well as the precious metals
is likely to get an immense impetus this year
An immense amount of building is going
on, and too of a most substantial kind.
Capital is abundant and is cheaper than at
any time since 1860. Failures are reduced
to the minimum and confidence-that
much-talked-of essential to prosperity
seems fully restored. We are having the
best of times here-and this means that
your turn is quickly coming, if it has not
already. Now let the politicians keep
hands off This is presidential year, un-
fortunately, and such are traditionally bad
for business. If the men whose trade is
politics are able, they will plunge the coun-
try this very year into perfect maelstrom
of partisan strife that will again disorganize
business, unjoint the hinges Of trade, and
work fathomless evil to every legitimate
interest. Let the people resolutely keep
at their own proper work, vote as near
right as they can regardless of the ''outs"
or the protestations of the f'ins," and It'd
ing the country over this exciting year, we
will haYe entered upon career Of prosper
ity which, with all our mighty resource
Just unfolding their treasures, will eclipses
any era Of the past, however bright.
RECENT IMPROVEMENTS.
Among the improvements most interest
ing to non-residents is that CT the Penn
sylvania Railroad, at the foot of Cortland
street. Here the bulk of travellers from
the West and nearly all from the South
are landed, and here this most enterprising
of railroad mansgements has torn away
the old ferry-house and erected a large
commodious and well-aranged structure,
which is q credit alike to its owners and to
the city. Only few years ago, "Tom"
Scott stood knocking at New Jerseys door
for permission to get to New York with his
road. For several years be met bitter op-
position, but finally secured the lease of
the then only railroad between Philadel-
phis and New York, despite the dismal
prophecies Of his opponents. From that
very day dates a steady, gratifying i'm
prOvement in the management Of the old
Camden and Amboy." A fine depot
went up at Jersey City, another at Desbross-
es Street, another adjoining the Battery,
and the whole work of improvement is now
completed in the structure which receives
the main travel between this city and the
South and Southwest. This Railroad
King has completely overwhelmed the pro-
phets of evil, and, in marked contrast with
his great rival, Vanderbilt, has used his
mighty opportunities for the public wei
fare instead of making them serve only mis- |
own interests and those who successfully
courted his favor. The Pennsylvania is |
unquestionably the best outlet from New |
York to-day.
One Of the landmarks ''as is a landmark" /
is in fair way of being improved" out.of |
existence. What visitor to Gotham does
not remember ricketty, cluttered-up tum- |
ble-down, over crowded Washington Mar /
ket-with its tons of turkeys, its ship-loads |
OF beef, its mountains of butter, its cords
Of celery and spinach, its Notifications of
hams and shoulders and oheese-manned
with greasy men and slippery-looking
woman, and poured round all a stentorian
and profane army Of long g-bloused butchers
and struggling, elbowing, basket-bear-
ing, steaming tide of humanity, surging /
oeaselessly along2 Well, the athorities
talk of spelling this picturesque scene by
removing the whole business away up to
Thirty-fourth Street and North River
where Tweed built magnificent market
that nobody would patronize. 1t will, if
accomplished, be greater revolution than
has taken place in many year; but the
butchers declare it shall never take place.
MORLEY,
NEv YoRK. Jan, 1850.