The daily national Whig. [volume] (Washington, D.C.) 1847-1849, 1847-12-03
raADING MORALS.

ney Wofd, - chhiactei<eu " some very tehiaiAeoo
traits. "Anomahes we eau them In the nasty I'M
pauence Oh supeInciai gancei put an anonia'y -
generaIy an imaginary ulng anu when w use INC
WORD u means tna. we nave nscons.I m s ,ee'
lne criss, VIII a 's anyaes, 10 up ellco ionom
ing us cause Just as IegIihaeIy as puIn iIonl te
apphcalion oI nie aha .le supposed ahoi'ahes aie
traits peculiaIiy ihsIucuye'
II rs observed, NOT only that trade generally mas
peeh on the Wholc ~ hSiIhy SUITE ~ sPne "
tese e1cepuohai iaiiu,es, out tha houses Wicn nve
stopped possess ample assets 10 pay ai, anu tI'a'
aihone uie HOUSES that nave iaiieh, al cAueoiuiny
proportion were nr,ns OF Tue gIeales. Ihagni.uae'
tho causes u. wnoii peope s Ions anu 10 ae
the commehtators-uhe acl q Io4f, waht VI uIcui-
nodation want OF one pound notes, oyer,specuauon
u corn, unpuhcau.y =, ,oi'anoes no.h ~ Aiu .'
tne ten-mon'h pills whch nave suIvlnsa INC .s'a
phsnent ol the o'eIanu Ioue, tlarsiuon sa.e "
the sugar traae, Wc Du. ohc cause u oiv s"eep
ing kind we suspect, oyerrides all these--the very
cA.ehsn :, BUSINESS 'aA0' WITHIN U'o grasp " pa
'ioua. uauo. To-. .s ..,s.. c.u,,o
Lns'ances ele common Jus, how VI houses lai,.s
.aSu i ha'.o I'll III me- .,h;a eondc
IL nei. opeia.yns ~ VIC asua, Wy NV Ia ~,
SHOW KEEP. ~ I h ms. isshn; aJ ~
nave ioi yeais pecm ~, nm; $500 =. ~
Cou nu,L 10 Wta 'y ~ , ph, IN,
sn'''oho ,horn ,aa aao az, tho, ,heir ,;ah,ss
a @ 90 III. ~ ~. ~ .ha ,,,'os,
tvS & ~ sn,e Lind ~
;nas, M, a,,nnhas -, nus,ar, This saa,s od5
Pioioh .ila. a.Iacnes W ms see,is ouu
gu. !; y no. nnaceoun.ao Al ,nsuncnye sense o.
ol;o ~ iaes wJIu s,aIuy susal r.o .no
,hnir II ha s anu .x,ans;nn ~ ne h
sn. ..n,aS T. @ o'a, =, hn,,.o
shess t,alsaseu ~ o.e " .nsse ionss.t mouses
pes .fa. ,s are nea up WIN u; ue at
are xr,nav made tn cons;s, IL arsot mart =, ian =,
afe sn mus " Gonss', ~ gIeat pun. =. 'eas''
o. me asse,s =, o'hei houses whose Hccouhs can
~. y any 1 T. W saSSo' ~ any eneo M
us creait - invoved ~ iae oPe,auohs Oh most
Tho ~ h,soa ~ , ~ IN
,,nre thasa ren,n,e ronnac,inn. bscome mwitiniad
.'a .,auJad haun,,a onr,,;n, 20 o.rnI IT, I'm
house thus placed cannot eSmpass clear and def
aar,.Ias y nanne, zee ho If i,s liz
ht,i,ta shao 1oo e hi, ~ ~ s
.,;,h srensers trnstino 70 Providepca fnr cominp
hrnnah aa y, ,s., H. ,bs hv,o Trencb aaancs
% IN SAFE q, horsas dI e d e he
sn IL rons o,d ras,Ioss ,,h;, seh
~ ,ope anu nv ~ hoadaa
Of The chief canmot efsctiyeIv onIde the machine
y. .,a e,e M sa ~ s,o
s 80 Sey1ha tne Ken 2, 81.
aaS;... s SUI s.a IT,, ~ ,;L ~ E ~,
mecessy u pahhlupoy mM IN ;aa. =. Sg !nas
bankrupt, but is helped by his very creditors TO go
on. And indeed the increasing tendency to demand
and reciprocaliy TO allow enormous LOANS accom-
even million or two sterIinaao s g credit
while n house Ia under threat Of actual bankruptcy
partakes strongly of the Levsntine practice But
mercial code totally inconsisten with The railway
speed and pipantc dimensions az ony mercantile one
rations II can therefore never become n recopnzed
principle in our system of credit and those houses
which suffer their business 10 extend bevond thei,
own powers of Supervision md control must be-
content 10 incur the chance Of these enormous dis.
asters, bringing ruin upon others as well as upon
themselves. ~ - 'f'''
But nrobablv 1, wond he naar,v no eoov N r,aks
all mankind pure and yirtuous as 10 make our none.
tary maanates abandon athe system y II il 40 diff.
cult for nv practicaP class that lives md behaves
by rule Of thumb, TO abandon anv g svstemn These
vast transactinns too have In ,hsn ,hsr nec,,liar
dignity Il Is anrincely moi 70 he able to tell the
bounds Of vour own business MpltinIv vonr trading
income by one or two nlace. ~ fa1,yes md II has
comes Rrevenne . ypm ,nnst haze : house NJ he
West-end-next door perhans to n Dukes, Yon