Savannah morning news. [volume] (Savannah) 1868-1887, 1882-07-08

Whatever encouragement It is possible to
afford for the future Of the trade Of the
county, by the successful cultivation of its
productive power to the greatest extent,
seems to be present In the reports which we
herewith furnish, the scope aud general re-
liability of which cannot be questioned.
Following upon the foregoing figures as
to the business failures OF the last six
months, the slight losses by bad debts, the
limited extent of the liabilities in proper
ton to the business done, together with the
future prospect which these reports indf-
cate, 1t seems difficult to discern upon the
horizon any cloud to seriously threaten the
continued prosperity and safety Of business
OF the country. Il is true that the labor
difficulties are an impending evil, which is
e serious consideration; but these troubles
are confined to localities limited in proper
ton to the vast extent of the country. The
chief excuse for these manifestations Of
discomfort by the laboring classes is the
high price which the cost Of living has at
tanned In proportion to the amount Of
wages they receive. But It must be re-
membered that should the promise OF the
crops be fulfilled, the cost Of living should
at orcs decrease, II an immense
supply is permitted to have its usual
Effect upon demand and price. Thus, at
worst, what seems a threatening evil need
hardly be Of long duration, If reasonable
rate OF living In the most productive country
In the world is among the possibilities. The
enormous immigration which is flowing to
our shores, the occupation and cultivation of
vast areas of hitherto unproductive country,
the steady development Of mineral wealth,
and, above all, the great prosperity of the
agricultural community, upon which al else
is based, are circumstances which 1t Is i'm
possible to consider without feeling per
suaded that the future welfare Of the cOun-
try is assured. Certainly, compared with
any other land on the face of the earth, all
the elements of prosperity, contentment,
and success are here in abundance, and
there seems 10 be at this moment fewer dis
turbing elements upon which to base appre-
tensions for the future, than almost ever
before.
We extract the following from amongthe
| reports from the various branch offices:
SAVANNAH, GA.
The outlook for good fall trade in this
section looks promising and hopeful. The
| cereal crop was never better, corn is already
made, aud other grain is doing well; cotton,
however, is backward. the growth has been
retarded by the cool spring weather, and
/ stands are not so good pc at same time last
| year, but are reported IN rowing; there has
been a decrease of aCresge planted OF fully
ten per cent, so that the crop will not only
be later, but fall short OF that Of the past
| year. The increase in average OF
| grain planted is fully Is to
20 per eent-shis will more than offset the
shortage in cotton, and place the planters
in a more independent position than for
/ merly. An increase is noted in the number
of failures over that OF past years, owing to
short cotton crops in some sections, and
mostly confined to small planters and
traders; the losses sustained were compare
lively light. As a rule collections have been
good, and sales have exceeded In volume
those OF the past year. Oar merchants ex-
press themselves well satisfied with the re-
suit OF the past seasons business, and the
prevailing feeling here is hopeful for &
prosperous trade the next six months.