Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1847-11-24
E0r tic Edgefcld .ddocrtiscr.
TO THE COTTON PLANTERS OF
SOJJTU CAROLINA.

SOUTH CAltOLlNA.
GENTLEMEN.-[ uncG felt called npon to adj
dress the Edgclield Public OIL the subject Of
Rail Roads, and il now Unexpectedly falls To-
my LOT, to address you Oh the great staple OF
orr State and that Of tho South generally: and
rs an Anglo American and citizen and mer-
chant of this district feel it a privilege, to
throw out few hinls not III tho expectation OF
cnlightcnlng the distinguished and Intelligent
planters oftlis section Of our State, but OF cal :
ling, through them, the public attention to its
own best interests, that the present cdamltous
state of alFairs in Europe may be turned 10 good
account, and lead more speedily 10 glorious re-
suits at homo. Ny. little mite Of information
gathered Oh both sides of the Atlantic, may,
" like flint 10 steel applied, cause to clnanate
from better and brighter sources. those bcautr-
full scntillatlons of talent which peculiarly be.
long TO Southern genius and obtain from soale-:
who are familiar with this important subject,
fresh rays of intelligence, 10 warm us into per-
manent prosperity. l...f,
The South lacks not energy, lacks not en-
terprizc and give it direction. give. it daylight
and fair ptaY, it will prove to the world, that
it knows its own value and can dcyelope lts
own gigantic resources.
TO coufne myself however to South Caro-
lima, the great staple Of our State, is at present
exposed to great and sudden fluctuations, too
like the gamblers chances, TO be satisfactory TO
| the well regulated mind Of the patriot, who de-
sires The slcdlast prosperity of his country:
The causes Of European advance and decline
are loo childish to be submitted 10, with patience,
| by the well informed citizens Of this country :.
yet they are not to be wondered at, in people
who know so little Of the geography of this
great land the pole star of their hopes, as to-
seize the first manufactured Cotton goods sent
to her shores, from this country, as.contraband;
because they bore the well known brand OF
Manchester, as if there were no Manchester IN :
America -.
England's plans, and selfish commercial
| banking policy, SOW the seeds Of distress for
herself, and other nations. and there is no secu-:
rty for any country or any commerce where an
| ilIiberdl banking system exists. The new
bank subscription list, anywhere, is handed
about hat IN hand, with smiles and bows and
obseqnious acknowledgement, the list Is filled.
and in high hopes you hand in to the infaht'
snake AN nndoubled endorsed nute,and ltis cast
out with contempt. Cool and pleasant you
may kick your heels rs much aud as long as
YOU like. the snake is warmed, it does not need
you, nor Iced you, the directors and president
and cashier aud clerks, have their particular
friends, acho must DC Obliged, andyou may go to-
the DEVIL and your. payments foo, unless you Z
can otherwise prpyide. In disastrous times thas5
9s n BaIH Ensanas
gent measures will set all right, throughout thcs
world, so the ancient cure Of CONSUMPTION, bysS
deprivation of food and blood letting, to the,ai-sE
ready weakly patient soon set all right, by dis-a
missing the subject Of it to kingdom come,
where nutritious diet ana means adapted to the
case, would have relieved maRy and saved val
uublc and useful lives, aud accordngto the banL;'
mode yOu can strangtc the balance. So if tho
Corn merchant in England speculutes too free,
ly, his best paper is thrown out, and he is forci'
bly, compelled 10 stop, and ruin others, and this
mode of applying physic 10 the weakly patient:
might pass but shc wise headed bankers Of
England and Scotland apply the melicnc to
the strong and healthy manufacturers aud cot
ton merchants also, and soon make patients OF
the whole community. A bank is established
in n kind of mutual faith and good understand
ins with the merchant, and If the prop gives
way ,rlcM mast nccticd. WHO can stand II turns
finally on the miserable, ignorant banker hnl-
self, aud he too is crippled, or ruined. In The
end, the BanLing system, Throughout the world,
must bc much amended, or exploded altogether,
and the people will pay fer the accommodation
of remtanccs 10 the government, same IS they
|
dcnce aInon.s st merchants will establish sa6s-
cicnt credit, without there middlcmCn and their
costly edifccs, aud paraphernalia Of clerks and
expenditures, dcllul,crs, &c. &c., ut the cx-
pcnsc oIhoncst merchants, tralers and planters,
gorging OH heir. vitals and sapping their exist
ciicc. Merchants are the best judges Of credit,
aud an injuIicious speculalor would sooner be
pulled up, without banks, than with.
Banks may enrich u few like lotteries, but
they create commercial. panic and destroy
thousands. As intelligence and knowledge
advance they must due. They are no more
needed than Il race Of beggarly priests, to mako
inlcrccssioll between man and his God. Their
system is quackery, aud establishing a lase con:
iidcncc it leads to destruction.
Slightly advcrling to the celebrated or noto'
rious COit0n Circular of Cropper, Benson, 81
Co, Of Liverpool. IN 1921. which coupled with
the comwcrcin errors of Inc Banking system Of
England, causcI such sad disastrous scenes, in
1925, and 1896 referring also to 1918. 1925, and
1887, rs panic and destroying seasons, caused
by this pull down and build up system. in ,ct'ce
credit is destroyed, to put 50 into the pocket Of
bamk clerk, acting us notary, for it is well
known fact in law, that without 4 second endor.:
ser note requires no protest. and still this inl'
guitous plan Of protesting is carried on dailyln
this commercial community! Slightly advert.
ing to these well know and appreciated sriev'.'
nuces and nusances to establish the existence
of the disease, let US turn now 10 the more de-
lightul task Of dcIineallng South Carolinas
remedy, first observing that England has yet q
commercial existence, and although we mast be
soon independent Of her forever, and her factu.
ries be shut mp, and their fires quenched, and
their SIN Ike exllngushed forever, yet she has
iItul existence and TINT existence IL at present
so interviewer with oui own as to require
passing remark OIL the immediate effect of her
condition rs well as policy. India, China,
America. all. except Mexico, are in healthy
state. Old John Bull is alone sick, or has got
a bad headache, after drinking too mnch Lon
ri"n (Banli of Ensland) Porter hut as.heainer
lluids circulate through his huge limbs and CO,
loSsal cxtremitics he may revive, without a total
paralysis this time, drinking in, as he will, sor
den specie dranshts, from all quarters; for as
he will in his extremity, pay more for gold than
his ncighhors, the supply will equal the de-
maud. ,;.-