The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1908-03-20
Good Times Ahead.

The report on exports during
January of orr chief staple products
comes as a timely reminder OF the
country enormous hasilar sources
of prosperity.
A new high record was establish
ed. with shipments for the month
Of foods, cotton and petroleum az
aggregating SIPS. 900. 900 in value
an increase Of 81, 742. 900 "a com
pared with the corresponding period
one year ago.
When the statistics Of the out
ward movement Of manufactured
articles are compiled they ssalso will
doubtless disclose "A similar gratify-
ing increase On the other hand,
as the result of the business disturb
Ance, particularly OF lux
uries-have been dwindling for
months past. As a result Of our re-
duced purchases Of foreign com
modities and the wonderful increase
in exports, the country Is adding t.
its favorable foreign trade at rat,
which explains why, in place of
present very easy monetary condi-
tions the hundred millions Of gold
brought over during the crisis Is not
going back.
Industry and internal trade hav,
been To certain extent dislocated
10y the JOLT the country has received
Tie number Of w0rkmcn uuemploy-
eel. the ies-eucd volume of railway
earnings and the shrinkage ia the
clearings Of the banks gave some
measure Of this improvement, how
ever, is now clearly perceptible,
Assumptions Of mills and factories
in various parts Of the country have
put forty thousand persons back at
work within the past few days, and
railway returns for the past week or
two mark a notable recovery from
the depression IF a month ago 4
considerable portion of the decrease
+ in bank clearings is due to the les
I sened volume Of speculative trans
actions, and this is by no means an
/ evil.
Our ability to send abroad SIPS,
/ 600, 600 Of breadstuffs, meats, cot
| ton and petroleum in one month
! serves TO call attention to the fact
/ that the country's riches in soil.
mine and forest have not been af-
fected by the recent disturbance,
nor has it impaired the skill and
energy Of the American people tn
short, all the factors that create the
boom" are still with Us, and viii
/ in time create another. After every
crisis the country has recovered and
gone forward further than ever.
I The recent reaction involved the de-
structiOn of no property such as IS
caused by war. All that Is needed
to resume is confidence and the
completion of the readjustment that
I is now visibly under way
! The crisis which a year ago was
ahead of US is now behind us, and
the tremendous liquidation that has
occurred, the elimination Of the
/ spirit of wild speculation and ex-
/ travagance and the thorough over
hauling Of the banking situation
have laid the foundation for renew
/ ed and more widely diffused pros
perity. Trades against capitalists
and corporations will not hence
forth excite the alarm that they
have heretofore created, for they
have become an old story, and the
people will accept them, if they
come, as circulated to exert politi-
cal rather than legislative influence.
! Up to this time these TRADES have
been useful only to Wall Street
bears, enabling them to frighten in
/ vestors and attack the markets for
securities
He that is down hath no fear
to fall, as the old prover5 says
Values are down and the expendi-
lures Of the American people are
down TO a level at which there is no
fear Of fall On the contrary,
with all the real elements Of wealth
and progress unimpaircd the coun-
try has begun to recover and is GER
tain 10 rise t. a new and hitherto
unreached level Of prosperity. New
York Herald