The history of Clinton County, Iowa, containing a history of the county, its cities, towns &c., biographical sketches of citizens . tbreak of the great panic of 1873, when Canadian purchasers,fearing the prostrationofbusinessmightbring about an anarchical conditionof affairs, went to that city with coin in bulk and foreign drafts to securetheir supplies in their own currency at first hands. It may be justlyclaimed by the agricultural community that their combined efforts gavethe nation its first impetus toward a restoration of its crippled industries,and their labor brought the gold premium to
The history of Clinton County, Iowa, containing a history of the county, its cities, towns &c., biographical sketches of citizens . tbreak of the great panic of 1873, when Canadian purchasers,fearing the prostrationofbusinessmightbring about an anarchical conditionof affairs, went to that city with coin in bulk and foreign drafts to securetheir supplies in their own currency at first hands. It may be justlyclaimed by the agricultural community that their combined efforts gavethe nation its first impetus toward a restoration of its crippled industries,and their labor brought the gold premium to a lower depth than thegovernment was able to reach b^- its most intense efforts of legislationand compulsion. The hundreds of millions about to be disbursed forfarm products have already, by the anticipation common to all commercial THE NORTHWEST TERRITORY. 85 nations, set the wheels in motion, and will relieve us from the perils solono- shadowinof our efforts to return to a healthy tone. Manufacturino- has attained in the chief cities a foothold which bidsfair to render the Northwest independent of the outside world. Nearly. HTTN^TIXG PRAIEIE WOLVES IX AX EAKLY DAY. our whole region has a distribution of coal measures which will in timesupport the manufactures necessary to our comfort and prosperity. Asto transportation, the chief factor in the production of all articles exceptfood, no section is so magnificently endowed, and our facilities are yearly-increasing beyond those of any other region. 86 THE NORTHWEST TERRITORY. The period from a central point of the war to the outbreak of thepanic was marked by a tremendous growth in our railway lines, but thedepression of the times caused almost a total suspension of that prosperity is returning to our stricken country we witness itsanticipation by the railroad interest in a series of projects, extensions,and leases which bid fair to largely increase our transportation process of foreclosure and sale
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