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Business Prospectsby@scientificamerican

Business Prospects

by Scientific American November 11th, 2023
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We have recently taken the pains to make inquiries from the more eminent bankers and merchants in the chief cities of the interior, and the results of our inquiries have tended to confirm the belief we have more than once expressed in this journal, that although, from various causes, there is overhanging a portion of our American industries a cloud of gloom and depression, still throughout the nation at large there is going on a process of growth and recovery from which the best results are anticipated. How long we shall have to wait before the life which is at work silently and secretly beneath the surface will put forth its full power, in the full harvest of productive activity, is, of course, impossible to foretell. What is chiefly important for us to know, however, is that the progress we are making tends upwards and not downwards, and that it promises to lead our industry and commerce to a brighter and not to a darker future.—Financial Chronicle.
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Scientific American, Vol. XXXVII.—No. 2. [New Series.], July 14, 1877 by Various, is part of the HackerNoon Books Series. You can jump to any chapter in this book here. Business Prospects.

Business Prospects.

We have recently taken the pains to make inquiries from the more eminent bankers and merchants in the chief cities of the interior, and the results of our inquiries have tended to confirm the belief we have more than once expressed in this journal, that although, from various causes, there is overhanging a portion of our American industries a cloud of gloom and depression, still throughout the nation at large there is going on a process of growth and recovery from which the best results are anticipated. How long we shall have to wait before the life which is at work silently and secretly beneath the surface will put forth its full power, in the full harvest of productive activity, is, of course, impossible to foretell. What is chiefly important for us to know, however, is that the progress we are making tends upwards and not downwards, and that it promises to lead our industry and commerce to a brighter and not to a darker future.—Financial Chronicle.




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This book is part of the public domain. Various (2012). Scientific American, Vol. XXXVII. —No. 2. [New Series.], July 14, 1877. Urbana, Illinois: Project Gutenberg. Retrieved https://www.gutenberg.org/cache/epub/38481/pg38481-images.html


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