The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-12-10


In his last sermon the eloquent
preacher and lecturer, DIR. Talmage.
says: "The American nation is being
chOked to death with surplus of produc-
ton and manufacture. T0omuch wheat.
TOO much corn, too much cotton, too
much coal and iron, too much hard.
ware, too many drygoods, too many
shoes, TOO many carpets, too many cat
tle, 100 many artzans, too many mer-
chants, too many LAWYERS, too many
| doctors and, from the large number Of
cellent men III my own profession with
out settlements, some might thinn too
many. ministers" and then eXclaims
tnat the chronic national malady car
| not be cured. "But Senator John Sh.r.
man, IN an interview the other dav nj
! Poll d phi, is more hopeful.
| 81 regard the county us i'm most ex-
cellont financial condition." said Inc.
| Our grain product is unusually large
and we will find far market for ali OF
! II This year. India, which has been our
| principal competitor IN The markets of
| tle Old World, finds itself subject IN
such eNactions for fees and taxation
| That 1t can scarcely sell its cereals In
Liverpool at profit, while the Ameri-
cah producer IL better oil in that market
aud has u small margin of reward for
ms labor. The grain harvest of the
west Is being moved quite rapidly, and
There is no great surplus stored in the
great grareNes mt Chicago. This cry
about the overprOduction of grain IA n
mirage. So far rs business il CON
uerned, as you apply the term to
the exchange OF commodities, the
country Is better oil than IL was a wear
ago TO 30 sure tho retail merchants
| tNNfV g hi.
ana are sailing close tn the wind. They
do not carry an excess of stock or hny
more than they feel they eau sell readilv
and at profit. Therefore they can mcGi
lheir obligations without difficulty, an,
business GENERALLY is ON sound and
substantial basis. The volume of trnde
to-day is larger than il was twelve
months ago. The wholesale men nrun.
hlo u little because the raallors do MOI
purchase more generously, but their
trade IL betier OF ior the present careful
dealing, aud those people who are fail
'hg Nre only these who have learned
nNthiny ~ The Progressed the last (, w
year ma in pursuing I leir oil bush @, =
nvthuds aud ideas, have simply rustr +,
ont. To he sure, there may he hard times
Ia some lcWiuoS, Where a city or town
'Suependenl upon its rolling mills or
manufacturing establishments, and
they have shut down, there is A
natural depression, not only among the
, people discharged, but among the deal.
ers who sell goods To them. But when
you como to speak of tho country nj
large aud its general financial condition
Q We are u prosperous people. Trade Is
, pushing along at fair pace and upon u
= gnou, SAFE road. | will give you an
A illustration. Passing Stern Brothers,
IN Now York, the largest of its retail
dgalurs, said to ono of the proprietors.
= How II businesSY' It.is II little dull
e wa his reply. Isn't il rs good ms lasl
Z yearr son. yes, we are doing better.
l lhat Is good illustration ot the general
situation. When You add to this In,
reward thSt must come from our great
crops OF wheat, corn, etc, and the fac,
: that mr. use of imported article. /,
o rowing less every day and will for the
, next year, there ia no cause for thu AS
sumption that we are poor or are likely
io nave u panic or any financial dis
tress.n