The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-03-28
from the journal Of COmmere.
OLD TIMES.

The world j, evidently getting into bad state and
something ought to be done 4 he moment the crops
turn out shorl,-or sod on, u never so large
trade stols like clock when The pendulum strikes
the back board, We wan business TO go as J. useu
10 ro--with bur- like wsc when the chain Is bro
ken Previous to 1881 the bnl always helped the CO.
pie along They would lend he millers and the mer-
chants the money necessary % buy up the crops as
they were harvested, getting the money BACK
when The year cane round But more Than this, the
merchant would trust the Imer over TO his crop
and at the South by merely his factor to accept
"race-horse bills, he plan er was able TO anticipate
his crops for two OF three years before they were
grown. This gave people The means OF buying land
and stock and dry goods, aId kept prices high IL
made business brisk and folly that system had been
kept up every thing would hive gone on We'll to TINS
day. The States die greatdea 10 help along busl-
ness by issuing their bonds which were sent to Eu-
rope under the protection Of the United States Bank
and brought back in THOUSAND things which made
trade brisk The plan of running IN debt every way
aud every how is thu right wy to make business
brisk Experience has provedit. Now that every
body has taken to the opposite policy of paying up
and getting paid, see how II hS ruined trade Inc
banks will not carry over The merchants, and the
merchants will not carry I'm manufacturers ana
| farmers. No matter how manyrops man intehus
to raise he cannot get cent adalced upon them ui-
| Ill they are actually raised and Fought to market II
he has any thing TO sell he carsell II at price or
another but not until he has fought 1t fully to mar
ket What seems most srage Is, that people VIII
| not 90 into debt if they could, On both sides, get
ting into debt is out Of fashion Pay-pay is all the
| 90 Let any any man look athe good old way lido
Ing things on the plan of beg in debt, and recoect
| how swimmingly every hnwent then, and compare
| it with the miserable copon of things now, and
| wto can hesitate in dcerhlning which Is the nght
| policy 2. la the good on tines OF when we SPEAK
| when the country had exhausted It's crop, business
did not stop, for every body p trusted ana SO pus-
ness went on Just we'll AIT there had been never
| so much wheat and cotton p the stores. What mat
ter is whether there ctoor not, since getting IN
TO debt the same purse Upon Inc shri'el-
| ed up plan which now previis, no man can get an
| inch farther than he 50 hS way clear to pay
We have a good stock of irah goods IN Market not
extravagant supply, but ore than can be PAID Tor
at remunerating prices. Tire Is perhaps onethrd
more than is wanted; and he consequence is, that
the goods will bring buttwo bird of price There
is SO much 10 pay with and 10 rpre and whether IT
is to 20 for more less gods he aggregate is just
the same. As the quantity pr pods increases, the
price diminlshes There is 10 elsticity in the times
They are made Of iron, and not f India rubber, as
we have now are but the naurai ad necessary con
sequence of the go-in-deh, pcy wich prevailed for
nerly and that every thing viii c,ae right at last,
These are chiefly people OF heortng and metaphy-
seal turn of mind who Away prehd to see beneath
the surface But il is much ,asiero Judge of things
as they appear before L,lany an look at things
as they are wv and then let him anser himself to
80 and look al things AS they weIthen, and say If
the noble system OF remaining in bt Is not lnimea-
surably superior 10 the systempl papg up.