Democratic Sentinel, Volume 2, Number 16, Rensselaer, Jasper County, 31 May 1878 — Indications. [ARTICLE]
Indications.
There are not wanting indications of a real revival of prosperity. First. The revival of foreign immigration. For the first time in five or six Jears the tide of foreign immigration as set in toward this port. This is an unmistakable sign of prosperity. Second. The under-current of the stock exchange is buoyant. No bear movement has been successful since the passage of the Silver bill. Every downward movement has been almost instantly followed by an upward movement. Third. Railroad building has been resumed, more especially in the far West. This, of course, has already reacted on the iron industries of Pennsylvania, aud the increased activity there will, in time, produce an increased activity iu the New England mills. Fourth. The prosperity of the far West is phenomenal. Nothing similar has been known heretofore. The harvests promise great abundance, and the tide of settlement is flowing in rapidly. New lands are being brought under cultivation ; feeders to the great trunk lines of railroad are being constructed, and ihe demand for manufactured products is sure to be large. Fifth. Our foreign commerce is steadily increasing. This is another excellent criterion of returning prosperity.—New York Graphic.
