The Canton advocate. [volume] (Canton, D.T. [S.D.]) 1877-1897, 1885-01-08
There now seems but little doubt that


the industrial depression shat has envel-
oped the manufacturing portion Of the
east the past two years is losing its grip.
Branching out and grasping all lines Of
business with tenacity borne Of innate
strength as it has, it must now suffer from
reaction, for no matter low portentious
in power or lasting in It's allotted time
there is an end even to the narrow lane of
depression. Increased confidence in the
great iron and steel markets is one of the
most welcome features in q recovery from
dull times, and that there is an incipient
boom in this market is all absolute fact.
What does it mean. 1t means that the
great lines of railway strikingly inactive
the past twenty-four months are prepar-
ing to establish more feeders, making ar
rangements as it were to erect another
column in the emblazonea monument Of
railroad development. It means the un-
developed sections of the great west and
northwest are to be given II boon that has
already placed the prairies and valleys in
a condition second to not even the long
titled and older settled portions of the
east 1t means that the golden hills of
western Dakota are to be connected with
the gilded valleys of the territory's east
ern slope, and that the intervening coun-
try will be settled and tiled 1t means
that the semi-dullness of the real estate
market in South Dakota is to undergo
change, and that the Sioux valley will en-
joy a rush OF immigration. We do
not expect boom. We do not want
boom. The two years just passed stand out
as an open protest to a 'Dcom'' period.
The rushing, booming conventional spirit
that predominated from 1879 to 1883 was
unnatural. The two years Of depression
that has followed is both natural and un-
that reaction should
occur after such a series OF wild reckless
speculation, and unnatural that country
with splendid crops and untold resources
should gravitate into such condition Of
depression. But the revivification of
business is natural. 1t will never reach
the maximum of crazy speculation, nor
culminate in a decided overproduction.
The partial feeling of confidence that is
gradually extending itself over the country
will be but slow, and imitation of values
will command but slight attention. The
period that now opens to the people of
Dakota is more solid than Aighty, more
acceptable and advantageous than phenom-
email. For that reason value will be gov
erned by worth, and sales actuated only
by the real demand.
Touching upon the result that is bound
to benefit the west from this feeling in
the east, the Sioux City Journal says:
The industrial depression felt in the
manufacturing regions of the east is not
altogether without its compensations.
This is fact that will be made apparent
by the immigration to Dakota and Ne
braska as soon as spring opens, and it
will be so even if manufacturing enter
prise should begin to recover itself by
that time. 1t has been the unvarying
history of all such industrial disturbances
that they are followed by an exodus to
the unoccupied lands Of the west The
laborer in the east, who has been thrown
out OF employment for months by the
stoppage of the wheel of the manufac-
tory, naturally turns for relief to the soil
OF the western states and territories which
may be had for the taking. 1t will be
seen in the increased demand for homes
in Dakota. And Dakota will get no more
desirable class Of citizens than these lab
orers and operatives whose ability to
change their location to the west is the
evidence of their energy, industrial and
economical habits, which are the qualities
required in the development of new
country. It is an i'll wind that blows no
body good, and while many will suffer dis
there are many others who will be led
thereby to better their own condition, and
by settling in the west add TO the new de-
mands which are there building trade and
business and society.
It will thus be seen that all well-direct-
ed efforts-whether they lie foz good or
bad-must be crowned with certain de.
gree Of success. The efforts put forth by
the people of Dakota to secure favorable
recognition Of her merits are but just and
fair. The continued hammering that has
been indulgcd in by the press Of Dakota
has been neither colored nor exaggerated.
There is something magnetic and phenom-
email about Dakota that raises her above
and beyond the imprecaticns that ulti-
mately are thrown at section where all
is exaggeration and hyperbole, and no
matter how disastrous a speculation or
IT,. e II. k..,.,,,i So. :n@atsns.