The spirit of the age. [volume] (Woodstock, Vt.) 1840-1844, 1843-01-13
Sc oItttcGG.
r0AITrcs AND MECHANICS.

Mechanics have 10 interest separate from thu. VI
the whole community. They must rise or il
with il, and thrive or decline with It's prosperity or
adversely Whntevor Injuries or benefits the whole,
injuries or benefits them in the proportion which
they bear to the Whole. But though, in conse-
quencc Of this, which no enlightened mind, can
deny, every general ol affects them, yet the SUI
est mode OF convincing them is to explain the opc-
ration of thai evil upon themselves pnrcularIy-
10 brng it directly home 10 them, and to show It's
especial operation upOn their own business.
Mechanics are directly and injuriously affected
by paper money. The adj, ncales Of his evil SAY
tia, il is beneficial to mechanics first, bv augnen-
ting their wages and, secondly, hy uugmcnlug the
demand for Their !aLur, Eui it is easy 10 prove
that whatever benefits the, dcivc fem these aug
mcntUlicuS, H,c rn more than balanced by evils
necessarily flowing from the very cause cr,hcsc
representations, fem this very paper money, which
augmcnS wages ard stimulates the demand fir
mechanic labor, Let us suppose case, A com.
pany Of some halt dC2en persons, surprising dat
rents will rise, borrow two or three millions Of Il
bauE, 10 be invested in building houses and stores
| ! lis II once creates Il demand for ten thousand
nee hanirs ard MS ouy five thousand can be found
without other or permanent employment in the
city, five thousand come from various Other quar-
tiers. They receive high wages, and continual
employment till the buildings Ure compiclcd--
Then the builders, unable to procure tenants. dis
cover that they have built heyoud their demand,
| and therefore resolve 10 bGlld no more The ten
| thousand mechanics are nov without employment,
and must live IN ldCncSs upon what is leil OF the
| earnings, or seek some other than mechanical la
hur, II two years shouId capsG lrtcrc the natural
irCrcasc Of population, and Of sound, healthy bust
ness, shall oyernko the surplus building, and Gre
ate demand for more, these mcclUNl"s viii have
ample icisWc TO calculate their gains from the AZ
lifrial stimulus, thai hns been given 10 building
up paper money We will then suppose that if
building Ind been left to the natural demand they
would have canned enc dollar daily for three years
~ tie crd Of this period, each would have receiv-
ed S926 But in consequence Of this stimulus,
each has received two dollars daily for one year,
little or nothing for another year, and sGvcnly.vc
cents daily for third year. At the end 0G this
PERIOD each will have received $GiG, which SUN
is less hy S296 than he would have received from
constant employment uufcr the natural course cf
business. We do not n,Cn,on these sums as Il
mounts whigh have been actually received, but the
case il n fir Illustration Of what has occurred a.
nOug mechanics within the last twenty or thirty
years
But this is not the whole Of tho story. These
great accidental demands frr mechanical labor
tempt great numbers to leave thr cultivation Of The
sol wlch,iH Il new country will uwu,g Yield sun
sisWucG, g.uciaIIy ind rpcHGcncc, aud sometimes
great wealth, Hence thousands Of active uu,,ieen,
ynuU- mon, instead e settling upon western mrls,
with the certainty e bc'ag independent tanners in
=" 'N !,'N' w." !" Wv ~ ",."'' VI Wv,
r,,yi.L l. l., o,r,.,I ,,1 Xxx,
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~" u"ue' o"' '',,'" 't,'e",i ~ 80 "TS'o"S
=. "', 90, '"'g' '"0' '"'''P''',, Wv "'H'iN
S'"i,"''.u ny '1''' 'AI,'c'unS' """ "''tS," u!
ON n ~, l.'"' W MS WV n" MS.
',"!! ''r 10" us! t"en'y years OF ""'', hu'"E
,n'' P'',o", pU'u's WIS always 'AcnSNn Nn'"
lnr uaHN' discounted icG.y' "hu ",',M,u ""'n
'n'y c'SStu ~ u'Scou"'' ''''o"''''u W. "'''' VI
'ut 'hoe'' ..,,,,,.
hu' "Nct'snc 'uiuE'@ Is s''''u"''" ny NV Nc'f
ih''ilhlcai lao'r "hcn ieP""''i W." 'hus !
c'h'i'ucS INC very see"S VI US own "HIi'o"' uu"
consequent arrest - Su"u'h "'''i'"i' W un'
cny' 'ef 'C" 'ho"''r" o',"..'"H' "r'"'rrS'''''
u Suu'ch u'h'anh 'or ha"''','In<' anu use 81
It",', 'U' ',,. t.'ou'i.'n u'r 'a"s W ','
'"l' ','oS' u "h'H' n'NnH n''h"s, 'n'F ,I'u'' oe
lodged, aud those win lilniIlcS WI cohsr,i r'"no-
my m having houses or part. oil houses use
o. rent l,ac1 10 new DuEGih'i Tor ,Prr""'orS'
tempted ny the '''' borrow money o' hlhN' 10 m
the excitement must end; lie oycrs'ock viii he.
main without tenants; these Nacanrrs vii reduce