Large crops do not always mean prosperity
The New York Dry Goods’ Chronicle remarks: “Those merchants who are heavily stocked up with goods that show little or no sign of movement read with amazement the prosperity articles and editorials of the statists, the critics, and the lookers-on. On all sides we peruse illuminated accounts of the movement in pig iron, of payments through clearing-houses, of the necessity of our feeding and clothing Europe and other foreign peoples. It all sounds very well. It is quite nice patter talk. At the same time the expected action in merchandise does not materialize. The average merchant is left in wonder and disgruntlement. The facts appear to be that the much-talked-of prosperity, while it may be about up to the latch-string, has not yet given the final pull. And, despite the movement in pig iron and the deplorable plenitude of breadstuffs, the average merchant will find it unprofitable to lose sleep by waiting up for a guest who is nothing if not tardy.” Large crops do not always mean prosperity