, 1853-12-10

pursuing the course Of policy at present
sou .ht to be introduced, the groundwork is
being laid for bringing about that miserable
credit. "oIder" aid " truck system
which for years has weighed so hsaviE
Gpon the interests and rising greatness 0!
many Of tie western States and which, il
persisted in here, will eventually entail
upon US all the evils consequent upon It's
practice clsewEerc-make US suLscrvient
TO the interests of the people Of another
Safe - make US " hcwcrs of wood and
drawers of water" with but an uncertain,
and at all events with but very made
quata reward. Let it forever he discountc-
nlnced
But it may be asked, what remdy have
we TO propose for the apparently growing
evil We would simply replv,-lrl our
lumbermen take their own business INTO
their own hands. Either purchase or char
ter vessels 10 carry their lumber to a mar
ket, or else combnc-enter into an agree
ment not to dispose of it until the money
is paid down therefor. By pursuing either
course, healthy and reliable state Of trade
will ensue-adcquate prices will be main
tained-labor will be as suitably and as GER
tainly rewarded, and all the advantages OF
the trade will be in the hands and purses of
citizens of our own territory. Spectators
would then soon be compelled to become
operators and instead of our citizens re-
ceiying their pay by pece-meal, or perhaps
not at all, for the labor of their hands, they
would receive il at once, and be thus enabled
to pursue legitimate and certain business.
In this connection, we have few words
10 say about our agricultural interests. As
lumber, timber, &C., are about the only ar
ticles of export which we can at present re-
ly upon for the purpose of bringing specie
into this Territory, and as our farmers, me-
chanics, &C., are forced to pay extravaganI
prices for many articles that they are nee
essarily compelled to procure, what little
money accrues 10 our citizens from an ex-
port trade, passes at once into the hands Of
our merchants, which again disappears for
fresh supplies, nerer TO return. Now, 10 OBJ
viate this evil, let our farmers make our
umber pay for their goods; and wherever
it can be done advantageously BY neigh
borhood, let them purchase or charter ves-
sel-freight her themselves, and with
the proceeds Of the sales, purchase such
articles as they may requre-establish
community" mercantile establishment,
and thus retain, 10 considerable extent,
the money that reaches US through our ex-
port trade: A ruinous tariff would thus be
avoided on articles which they ore now
compelled to purchase, which, in connec.
tion with the reform suggested in our lum-
Der business, would, we think, greatly en-
hance the prosperity and wealth Of our new
Territory.
Unless a speedy and radical revolution
takes place in the manner of conducting our
foreign and domestic Business transactions,
an inevitable and dangerous crisis, We fear,
will present itself, the consequences Of
which may be felt for years 10 come LESS
SPECIE, AND MORE LUMBER MUST
BE EXPORTED FOR GOODS, AND
MORE MONEY MUST BE ADVANCED
ON LUMBER, or every avenue to indus
try will soon be seriously blockaded. Let
our farmers do their own trading direct to
San Francisco, and our lumbermen control
their own business, and we feel fully assured
that our merchants, mechanics and laborers
will, in the end, be signally benefited
| thereby