The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1881-01-27
JANUARY 81, 1881,
A Few Healthy Facts.

uOeS not KNOW from personal observation |
and practical tests that the intrinsic values |
OF Virginia have continuously and Target, |
increased since 1875, whe the last assess
ment of property was effected. and that til.
same measure of valuation which obtained
then carried into the assessment of 1881.
would yield an augmented revenue of 20
per cent. at the present rate of taxation.
or an aggregate OF about $4,000, 900. TO
sustain the assertion that the condition of
the people has been gradually improving.
we have been furnished the following facts
by an telligeut and progressive farmer
living in the upper end of the comfy, who
has matter-of-fict way of reaching con
clusions, and whose observation is not con
fined to his immediate neighborhood. A
comparison of prices for farm products IN
1876 when gold was at premium of u,
8 per cent, and a dollar Of paper currency
all the kind that We had in use as medium
OF exchange was worth that much les
than dollar, with the prices of lSS0-Sl.
= will bring plainly before the mind tn
evidence to condemn the reckless as
suiaption of those who are publishing Ia
the world that Virginia is bankrupt anu
that the people are getting pc 'rer ever,
year. The staten mt to which We refer is ;,>
follows:
Farm Pro iuets soil in 1855. when cur
rency Was worth less than dollar by o,
scent Jan. 30 and Feb 6. 1875, corn sllellrti
Id in CRIB. at 60 t" 81 cents same dare
hay in mra NV sold at $40 per ton :; NJ ar
9. -. Il nlr sold in Staulton at $50; May
Is, at 81 81 an s. per b ,rr.l; NV. d, Us
hay sold in meadow ar $40 per ton. lno-.-
Dee. 8 sold fiotr in taunton At sjl2; J Al
p. Is. sol more hay in meadow at'slO
March 9. rs sold oats in Situation at IS cts
pr bis'rl; lay AM Jil. rs. sold corn
at crib at II cts in Nay. rs. sold h,ur i,
Stauat"n 1T s5.6j per barrel.
Fam Pro tcts soil in 1880 81, when pa
p'rcurrency, the medium "f exchange, WA
worth one hundred cents for every dollar
as 'llow-: 'an. 30. 1889. sold James II
Blackley. in Stauntnn. As barrels -four al
$3.50 pr barr ! VI lrch ). sold 10 barrels t.
sa II al Sj.2) pr barrel hty in meadow
per ton. $500; Ma, aud II sold -four il
Stanton al $500; A igu-t. sold corn AT 81
cents. Il liveret AT mill same month, sol
wheat in Stanton at 50 cents and 81 90
Oct aud Nv, six or eight loads of wheat
sold in Sraunton at 81. 07, $l.O9. Sill. Sl.l:
and SLY; November. hay. sold loose in
meadow, at $40 per tnI-rh- price paic
since then was from SIP to Sl4 i'm meadow
Jan. 20. 1881, Wheat sold in Staunton al 81 IL
per bil>llel.
The crops of all kinds in 1880, in tn.
neighborliood OF our informant, were
larger than in 1875, AS he states, and thi.
neigborhood may be taken not only as
lair average of the entire county, bul
OF the entire Valley from one end of it t,
the other
From 1870 to 1874 for the effects of the
panic of 1873 were not perceptibly felt in
the Valley of Virginia until 1914 spirit
OF speculation prevailed with all classes
values We're to some extent inflated ant
more or less extravaganza prevailed. Bu
in the latter part of 1874 and the early par
OF 1875 the vibrations If Jay Cookies col
lapse gradually began to influence bushes.
here, and when the assessment OF 1875 was
made real estate was depressed, the reac
ton from Initiation and excuses began t.
be realized, and a close economy intro
duced into everything that had not beer
practiced since the close of The war. From
that period TO the present the people hav,
applied themselves with unusual ndli>tr,
to their various avocations instituted meth
DDS OF economy. and applied every surplu,
dollar to the payment of debts and the ar
rest of interest. Daring the period of De,
preston and the heroic struggle of the Re-
publican party to give to the cuunrrya safe
solid and unvaryiug currency, many, man,
nominal land owners had to surrender Their
possessions TO the real prOprietors-a level
Ing down and squareing up took place
which not My r lieved and emancipatet
energies and capacities from the tyranny oi
drb'. but life'i an embargo from the pro
dtictive Resources of TIN. properties Ii i,
true the excess aud the srracI m work 4
disa Ter To many. bur an equilibrium wa
Reached. and the business cnmmuuiI,
placed upon Il safer and more progressive
bi>i> Ii was II severe but healthy schooling
the fruits "f which are real z'd in impro, Ell
estates. inc creased productions. comfortable
acclnilatinn> and we'll regulated. Wis. and
IsineSs-lik-' m thol- The civil .lnck..i al
tile Courts. The contracted fees If the >iher-
Ills. The dInu i-h.al incomes of the lawyers
AID The augmented deposits in the bank.
ATTEST the changed con'litinn of cnmmnn,-
ties while the impr 'vrmert in the build
ing. and barns, aud fences and stock arr.
the responses which come no from al.
most every part of the Srafe-all tesri
flying TO increased values and robusl
material growth. There are localities
in some sections of the State wlrr
this ren"vating process has not beer
go radical By reaSan of indulgent creditors
or the mysteries of the laws enacted to oh
strict the progress of justice. and whence
comes the climor about poverty and bank
ruptc,; bur in The course of time the lev
cling, adjusting agencies will reach them
and n-w life follow the purging that will
have to take place Individual indebte,l-
ness s ii great tvrant aud will either have
to be thrown off by all the energies the vic
numbered estates will either have to be re-
lieved by the well directed endeavors of
those in possession. they will have to-
give place to the real proprietors. and the
natural resources of the Commonwealth be.
come emancipated to do their mission for the
common good
Take in the entire State and Judge bv the
general prOvement-nOt here and there
thriftless county, where the blight of
CHI ittrl slavery still leaves its perceptible
footprints-and there is not fair-rninded
man in the Commonwealth who will not
conclude that values have increased at least
20 per cent. and that if the same measure
OF valuation had been observed in 1881
which was accepted in 1875. and the same
rate of taxation applied. the result would
show revenue of So 600. COZ instead OF
Is 81;