Meigs County telegraph. [volume] (Pomeroy [Ohio]) 1848-1859, 1854-11-14
~ NV s',,o ,sss,., .5,os-y0Ll .t} s6t}aNg!0(s, "A A
Oyer-Trading.

~
There is good, practical common
and sound political philosophy in, ,heiollow {.
inn ar,;cle. which we 90, COW from he New
FL ~d't,Tnl isiIssD* III III .siirssH ..'i,,7,a
y 2 !, srp y y ~ y
more tllly Impressed upon he PublicJmip5,
,we,shall have less yeyusions and Difficult
lies in our financial AFFAIRS. .....,,,,
aSoeecb% vas wos oiysn rs . @ said sgood dram.
aiisl No enabIa Su ne p concsa or ,ba,iabIs 7"
Ana theye & niYf;aIa ,ilBpmoh fi,sae 1850. 5ch In
which dwotds,o sye1iljsed more ffo5oilv, ,baa
E,IiaF,of uoIi,ieal economv .sIrs t.I'As so,'',,i
I,.,a,s o,ns;dsr ona II ,ho cavo.;,o, ,e,,,s ~,
|E5f ir n,Ss,if;sd NEUTRALITY-SUSPICIOUS. Trad.
Which is ,y, ways made r,sdd, u do d veonan Ti 4
va N ,eazs 6f7S tsKpSa " yiil sii3n w
l1agIdntI ssihlya, ensi siscset sdi use +.
.1l II s..ea,,s' br ss0 0ver. n rad; ao9,t "a
he,s sge men AZ, our oitv whose ,rans.
actions during he wear @ now Closing, nm ornoun, -
10 millions ol dollars, vet ,hey a1e nowisp
IMPOVERISHED nor embarrassed There af;.
Others who have done lc5mnaraiyelyalh,le
bust ness, We, who now find themselves. over
whelmed BY the extent Of their obligations.
What has caused The difference? No,
dispsri,yOf capital alone: for men of smhll
icapltaluhavecohie outyoiven,;i while Others
who commenced The season y.h lar Aar ger
means are under the wewher?. Wha, 10 It,
then? :, ~ ''' ''''',U'} - --'
We answer-The vial cause Of pccnna.
lry emBanussm ehts.. personal or nu,ional, is
mo, 'over.waaing. bu, oyer.buyine, orfir.you
plesse) over. consuming, an 10 ;7s>s.'',r
You m ay trade as much as Won please. so
that you keep The bolaDce Of payments and
Of available assets on The right side. ''u
81 But the farmer who has raised and turned
off $1,000 wonh of ,produce ,his ,yeat. and
mean,ime run up bills a, The ;s.ores, ior ST..
500 worth OF c[o,bs,, groceries. &c. is pre,v
sure ID be embarrassed, unless he lad re.
Ilserve fund 10 fall back on: and measurabIy
SO, if be- has bui,1a "a house costing 80 600
wi.hou. having accumulated beforehand,
wherewi,hal 10 pay for materials and labor.
His placne, NAV r now ~ be worth enough more
|ihan.h was d year ago to, cover aIl his ideb,s:
bd .thisedon'r (pay. Them, and, as he don',
want no sell ont be cmay be in trouble. In
spite of AN increase of nroppr,v. "a
t Thus il is with our country. Her Over.
Tfading is simply over-Buying.i She is
richer Jo!dSy Than she ever Vas fberore;> bu,
your I.newly.consiruc,ed Ii Railroads. Lake
steamers. Roads, Bridges. Buildings. Clear.
lings, &C., &C., canno, be melted into apy,
thing thai will pay debts In Europe-or only
al a very great, Sacrifice Hod The laBor
that has stood ID lein our market blades been
employed 10, making the Iron. Cloth, wares,
&C., for which; we run in debt to Europe,w
might have gone ahead as !as. as we have,
Without incdrring any check OF embarrass.
tnent iinWeic are lin trouble exactly as the
poor farmer Would .be. who should ie, his
boys rroic at the tavern while hss hired, his
neighbors 10 chop the wood and ,end nhe
cattle, paying then with orders, on The sure.
| "a Let us use words to express wha, we mean.
Our mistake consists II sending 10 Europe
for fabrics that, we might and should have
produced for, ourselves. We have ,bouyh,
iheip cheep, !, is said, bu, nothing is cheap
10 US II we have moi tbe means Of paying
for il; and ills ruihous 10 bGy : even a. Iow
prices, that, whicklaHonie Labor HAS stood
idle for. want Of q, chance 10 produce L,.a.,1
Only through a jus. eqpipoise of our sales
with our purchases. can We enjoy q true and
solid prosperity. a'yio''' F" 'A'o'" ''' "
adj la 10 -r--rr-r -----s-'9sd soHvg
VERMoNT,--A lMopEL. SrNrk,.--- Firstly
there is moi public. lepaIized Iipplinp house
| n he Slaie. Instead nj licensinu man IN