The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-06-08
GEORGE j HEATING,
Kansas City, Special Partner.

average depth OF 70 feet at low tide. There
VIII soon be constructed an iron shipyard
for the construction of iron vessels.
The increase in the amount of land sold
by the government during the last five
years is just as remarkable as was the de-
crease during the five years following the
booming year of 1872. In 1877 the number
o. acres of public land sold had fallen to
$500 coo; in 1882 it was nearly li,000,000
In 1879 the sales of public lands in Kansas,
Dakota, Nebraska and Minnesota were pro-
portioned among them in the order OF men
ton. In 1850 Dakota had taken the front
place and Nebraska showed a good increase,
while Kansas and Minnesota showed de-
crease. In 1871 and 1882 Minnesota showed
good increase, with Dakota however, still
IN the van. The sales in that territory IN
lSo2 exceeded <he sales in the other three
states by over 900, 900 acres.
In France tie snail is considered more
toothsome than the oyster. The best ones
are raised in Burgundy, where they grow
double the size of the large garuen snais OF
TINS country. Some OF them are fully as
large as an ordinary oyster, Snail-raising
has become quite a profit lble business, and
is increasing yearly. They are kept in d
damp place and fed on peppermint and
such things as they like best, until they
seal themselves up in their shells Tor the
winter, when they are ready for market
Nature has furnished snails with txt,aordi-
nary powers of reproduction, each indiyid
ual being both male and female, and
outlay IN snail farming is represented only
by the time and trouble spent in collecting
them and keeping them from straying.
The Boston Advertiser says: The trade
OF the country is really larger than il has
been before, Notwithstanding the fact that
q lew railroads show diminished receipts,
ana Clearinghouse transactions are not
growing. What dealers complain of is the
absence of profits. And surely IL is no,
often that banks. importers, and country
dealers do so large business on such slen-
der profits Moralists who vote acts per Sc
good or bad should glory also in the growth
OF virtue, for OF speculation there is hardly
trace; OF Legitimate business" there is
more than ever, But there is another side
10 THIS legitimate business--that is, the
actual exchange OF goods and values,
when dealers fail to make prJiits,
Speculation, on the other hand, sets in
Wherever 1t is reasonable to expect unusual
pronts. The fact, then, that speculation i.
uead lust now proves, not that dealers are
Ylrtuous, but that business men fail to
make profits, notwithstanding low wages
rather cheap money ,aare Q transactions and
very fair prospects Yet the country is
prosperous, relatively and absolutely; il
produces more than it consumes, and il
should be happy. But it happens that the
man OF business feels brightest and best
when price,, go up; just now they 20 down,
ror a swallow and uninteresting reason
men are always bulls with what they have
anu pears with what they do not have
High prices do not necessarily mean pros
perity, nor do low quotations indicate poo
business. For it is possible that business
men grow poor, or work for nothing, while
me country at large is getting richer. w.
I'VE IN Just such time. Our capitalists
complain, our investors complain, our mer
chants and traders complain, our labor
complains; and yet the country grows
richer. But who will reap the harvest OF
these invisible richest Nobody knows.
But everybody knows, or might know, thai
III SUCH times 1t is that men lay the ioun
cations OF future wealth. When prices rise
and men speculate, great fortunes are
maze ana lost; but the country does not
really profit. When prices decline slightly
out values remain or increase, the country
grows richer, and some one will reap the
harvest.
A man named Keller is alleged to have
been the first discoverer of the process of
wood-grlnding for pulp. The popularity of
the structure OF the wasp's nest suggested
the idea that possibly wood could be sub
stltuted for rags in making paper. He ex
perlmented with sawdust to no purpose
Wet grinding next suggested itself. This
idea was brought into service by means of
an old grindstone, and wood pulp was the
result. He made sheet of paper in four
hours by. straining the pulp through cloth
ana leaving 1t pressed between the leaves OF
a book till dry. Keller built rude grind.
ing apparatus, taking no one into his conf
dence but his wife, and after encounteripr
the vicissitudes which usually beset the
path an inventor, was finally possessed OF
II mill, which was sold for debt.
A desire to extend the commercial rela.
lions between Spain and the Spanish re-
publics of Central and South America has
frequently found expression of late in the
Spanish press. The subject is referred to
in the last number of the Eco de las Al.
vanas. which gives the following statement
oil trade with some of those countries, Tn,
year chosen 1850, is presumably the latest
period for which reliable statistics are OBJ.
tainable:
C-Spanish----
Cast, p,o, Imports, Exports.