Democratic Sentinel, Volume 1, Number 21, Rensselaer, Jasper County, 6 July 1877 — The Business Outlook. [ARTICLE]

The Business Outlook.

If we can bridge over this year, remarks a contemporary, the future is full of promise. In all directions we see causes for rejoicing. We have passed the worst, and better days arc dawning upon us. Everywhere confidence is takiug the place of doubt, and a better feeling is manifest in business circles throughout the length and breadth of the land. - The New York Herald says : “ The country stands at the threshold of a period of great prosperity, and it will grow rick. During the next four years it would require very extraordinary efforts to prevent the American people from making up the losses of the past and becoming once more the most prosperous and happy nation in the world. ” At no period in our history as a nation has our foreign trade been so largely in our favor as at present, and yet there is an increasing demand for all the products of our manufactories and our soil. The Iron Age says : “ The outlook for merchant iron is better than it lias been for months. We do not speak at random, but from actual observation and information gained from a visit to most of the prominent markets, both East and West. In the West, especially, there is a decidedly better feeling. A large number of the Pittsburgh mills are refusing orders unless they can get 2-10 c better than they woidd take six months ago. This is not only true of Pittsburgh but of all parts of the West.” Business is beginning to revive at the South. The rolling mills and cotton factories of Georgia are in operation, and new ones are in process of construction. Soon a cotton factory in Atlanta will be completed, and when the power is turned on the music of 20,000 spindles will be heard. The rolling mills of Tennessee, after a death-like silence 1 of years, are again in motion. Looking ahead we see the bow of hope spanning the heavens,.and away beyond we see the dawning of the most prosperous period we have ever had.