Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-12-17
sUNDAY.....DECEMBER II. 1898.
Words Of Hope as to the Hard Times.

Words Of Hope as 10 the Hard Times.
A Baltimore banking house has ven
turcd 90 make and publish the predic-
ton that chose who buy in 1893 will
grow rich IN 1884," In other words. the
btnkinc-house referred 10 thinks that
products and securities are selling below
ihsir normal or real value and that low
prices are the result OF the late none
tary disturbance az We may use the
word "Iatc" In that connectiom, and Of
tho prospective legislation upon the sub
sect IL the tariff Holding these opinions.
the house aforesaid very naturally reaches
the conclusion TINT with the tariff and
currency questions permanently settled
values viii improve and prices advance.
not only to tho point of real value. bat
60 a speculative point. In a word, there
VIII he such reaction against the exist
ingtoudiaon Of things as win bring about
what used % De called "1ush times"
some things must D. taken for granted.
in considering the present status Of
things in tn monetary or commercial
world. We may set it down as certain
that as the Wise Man says. "the thing
that has been is the thing that shall be,
oni there is no new thing under the
sun" whatever condition Of the fnan-
cIaI world has heretofore under Ike
circumstances followed IN the wake
~ financial pauics. low prices, general
unrest. ana n want OF due confidence I'm
The. future. BE- the very condition OF the
business world Which is to release us from
our rrison-Iousc Of hard times. Condi-
ti1ns like those which now obtain have
rIways heretofore been followed by times
gradually growing better ana by re-
turn o. what We may call The natural
state Of the money market and the con-
hdcuce which uudcnies all commercial
transactions
Those things may all be assumed TO
b. true. and yet one hshly-important
question remains 10 bc setted-namely,
the time when this altered and improved
state Of things IL to come 10 us. This
question nobody can answer: hut We may
all cease our plaintive appeals TO The
synpathIcs OF one another and lend our
influence 10 the duty Of re-establishing
that confidence upon which all our pre-
dictions of coming better times are found
a. II We know. as We may clam we
do know. that good times are certainly
coming soon or late" then We have
every reason for lending all the aid in
our power to those who are striving To
bring them about at an early day. Grant
ed that prosperity viii assuredly come to
Us I'm the future and We must see that
81 IS for the whole community to hasten
the day Of its advent.
\ large British house SAYS that the
monetary question is an international
one. so the world seems TO have found
II this year. And hence the question OF
the period of the return of national pros
perity will be found to be an international
one.
But let ms not forget that as surely as
the day follows the night an era Of pros
perity win follow the present condition
Of adversely
on this subject the Philadelphia Times
Bays:
AS the slump into hard times pros
trated Industries. and financial distress
was not the result Of few weeks only,
but Of the evident tendencies OF several
wears. so the rebound to a healthier con-
dition Of affairs will be gradual and SLOW.
But the rebound is taking place. Things
are Frightening up. There is CHEEKY
aud crisp atmosphere in the world OF
commerce. and trades and industries are
beginning TO feel that the hour OF danger
r. passed, and that they may begin 10
launch out into action and progress.
Slowly, but surely. the good times are
coming. and the calamity cannot
keep them back"