Holmes County Republican. [volume] (Millersburg, Holmes County, Ohio) 1856-1865, 1857-10-22

nothing but because they are run agains
by aHrighted men. Hundreds of mel
will 90 down, and lose years Of toll. ant
the fruits of honorable industry, for ne
adequate reason except that men are scared
and in their unreasonable alright, like
persons in crowd, they tread each othe
down. II is a shame!
| am not in business. l have not one
penny invested in stocks or goods, and
never had. 1.-THE market touches tie sun
or goes TO the bottom of the Slough o.
Despond, it carries nothing of mine witt
it either way, and am, therefore moi
BIASED by my interests. And l look up
on this convulsion and trouble with un.
feigned amazement, as reckless, needless
wanton cowardice. The business men ol
this country are suffering at this hour from
a contagious cowardice! The whole con.
tinent is unstrung by nothing but fear
Nothing, I say for that of which l speak
by, and by, and which is the ultimate
cause of this iniquitious evil, was not Of
any such proportions of power Us to justify
any such breadth of effect; and fear has
been added to real trouble in such unwar-
rantable proportions that il is scarcely i'm
moderate to say that we are all lightning
struck with fear. r.-
And the cure, if it could be taken, might
be efectual in one day, as much as in a
month or year. Hope and trust to NOR
row would set the blood going again, and
bring color to white faces. For the mis-
chief is not in the business, but in the busi-
ness men-it is not in your affairs but in
you!
The country is like ship under stiff
gale in rolling sea; in the watch of night,
the men at the wheel and the watch think
they see a ghost; and abandoning their
post, they all run gibbering and tumbling
headlong down the hatchway. The ship
falls off and rolls in the trough of the sea,
until if some one does not help her she
will roll her masts out, or come upon her
beam ends. But, if there be a heart of
oak among them that can cure these fright
ened sailors with the thunder of imperious
scorn and Indignation if they will go
again upon duty, seize the wheel, set the
sail, and bring the ship out of her wallow-
ing to her course again, all will be well /!
And 1 speak my honest conviction
when l say, that all which the country
wants just now is aanliness. Your banks
can't cure you. The government can't
cure you. come to your bedside and
feel the pulse, and 1 pronounce the patient
TO be in prostrated condition, from Cause
less excitement of Fear; and my prescrip-
ton is-Let there be men for nurses, and
give them large doses of Courage, to be
taken every hour until the blood comes
to the skin, and the patient can use his
feet. Then turn him out, and say, Rise
up, walk and work!
2. But there was a beginning to this
fright. There was cause enough for fear,
but not enough for fright What was the
cause that destroyed confidence and para
lyzed hope! @
4 relaxation Of moral integrity, and a
special Development Of 1t in connection
with the management of stocks, and the
vast interests which they represent, have
introduced ar clement Of profigacy and
untrustuorthiness, which threatens TO move
the foundations of trust of man in man.
And unless there can be the infusion of
moral integrity in the transactions of bust
ness men in the immense interests repre-
sented in markets by stocks, unless these
swamps can be drained, and highway of
moral integrity be cast up for men to walk
on through the poisonous growths of this
forest, the land will suffer season by season
with malaria-and commerce will never
be free from chills and fever, until moral
tonics are used. The conscience of stock
dealers needs quinine!
The Boards of Directors, in our greatest
enterprises of this kind, railroads, have per-
mitted themselves to employ their power
for selfish ends, by unscrupulous methods.
I believe myself to be strictly justified
when l say that the revelations of the last
ten years show that, in the management of
these great and useful corporations, our
most eminent business men have not scru-
pied to do or to wink and connive at courses
of conduct which involved, directly or indi-
rectly, almost every crime against property
known to our laws. l aver my solemn be-
lief that most eminent business men, bond
ed together, and acting as Boards of Di-
rectors, have pursued methods which, if a
single man in his private capacity should
pursue, would convict him irredeemably of
crime, and crush him with ignominious
punishment,
The consequence has been, that one of
the most important, yea indispensable elc-
mcnts of property in this land is so asso-
ciated with deceit and fraud that it is likely
to become by-word and a Kissing.
Now when, one by one, eminent finan-
ciers, who manage these interests, all at
once, like a midnight house on fire, bursts
into confagrations of dishonesty when,
next, whole corporations are detected at
games of swindliug, which, if practiced in
the Park with thimble, would send a
man to the Tombs; when, yet further, it
is found that banks are inveigled, and are
made to be left-handed partners in schemes
that will not bear the sun; and when, yot
further, strong business men are discover
ed to have stepped from their legitimate call
ing, and lent their names TO devices for OBJ
tanning funds that are umwarrantable even
in commerce, and utterly abominable in
morals-when all these things are reaveal-
cd, IS 1t strange that men do not know
whom TO trust-and that men, with David,
'say an their haste that all men are iarss'
Sprlnging from this, and coupled with it,
is the monstrous and oper-bloated sin of
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