Year: 1868

ances of industry, and at the want of capital, the large cotton production now is as surprising as it is gratifying. But that is not all. The South has raised this year vast and an unusual amount of corn, wheat and other cere- als, with almost everything else neces- sary to sustain the population, inde- pendent of outside supplies. Indeed, we should not be surprised if the South should have a surplus of provisions for exportation. Besides, there is fair tobacco crop, and sugar planting has revived in Louisiana. India was nev- CT ss valuable to England as the South to this country. Only think of cotton alone-that single production-which, as an article of exportation, to pay for the balance of trade against us and our liabilities abroad, is worth three times over the gold produced in all the States and Territories of the Republic, to say nothing of its immense value 10 our own manufacturers.

 However much the Southern people may be condemned for the suicidal act or attempted secession and the terrible war in which they involved the coun- try, or for their folly since, we must say they have shown remarkable energy and power of recuperation. From the lowest state of depression and under the greatest difficulties they are rapidly rising again to wealth. This is char acteristic of the American people. The courage, industry and perseverance of the Southerners under the most trying circumstances should induce among Northerners forgiveness of the past and make them proud of such fellow citizens for they are of the same race and the same flesh and blood. When we speak of the Southern people we do not exclude the blacks, for they ev- idently have done much by their labor 10 restore the productive interests of the South but it is not to be forgotten that these ignorant people have been controlled by the intelligence, capital and industry of tho white population. Nothing is wanted to develop the teeming natural wealth and varied productions of the South beyond what has ever been seen hefore but peace, restoration, harmony and fraternal 1 feeling between the two section of our common country.

 | We notice at the same time with this reviving material prosperity of the South general revival of business throughout the country, and both an abundant supply and activity in the money market. The Fall trade is opening tavorably, notwithstanding the usual depressing effects of Presi- dential campaign and political excite ment. The flow of currency to the l West has almost ceased, the people there having obtained nearly all the money needed to remove the crops, and the return tide will soon set in. Very soon, too, we shall have the pro- l auctions of the South in our market. and our merchants and tradesmen may 1 expect considerable demand for goods and expenditure of money from that section. Altogether the country l is in the best condition and has the finest prospect before it as regards it's material interests. If the Government will practice economy, and the politi- clans let the country govern itself, we shall soon recover from the effects of l tho war, the debt will waste away and hardly be fe.t as burden, and glori- ous future will be opened to the Re- | public,-Herald.