The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1857-04-17
THE CRASH TO COME.

The article below, from "Life Illustrated"
has vein of philosophy and good sense rn-
ming through IL that will commend il to every
one:
The prophets of the press and the signs of
the times alike indicate an approaching finan.
cial crisis. We'll, 80 mote il be. Commercial
revulsons are just as necessary occasionally
to bring matters Of traffic and balances of nc.
count back to first principles, as are storms
and tempests to purify the atmosphere and
regulate the Seasons. II is wisdom in us,
however, to be prepared for either or both.
Ifinen trade, they will sometimes overtrnde.
II property rises in value, IL will, on occasions,
be found to have increased in price beyond
the resources OF the circulating medium. II
in u fast nge, with the spirit of 90 aheaditive
ness, young, buoyant, adventurous, and enter.
prising, urged on by thousand schemes of
canals, railroads, telegrnphs, new States and
Territories, new cities and villages, and lashed
up to inordiDnte conptiiion BY conflicting
interests aud cllasees dor speculation, our
people ever and anon find themselves over
whelmed with Indebtedness TO each other or
to foreign nations, there must needs be a
crash. Nor is it any thing to be regretted
A crisis should come, must come, and will
come; and in this crisis is cur salvation, Just
as n fever, though grlevous to bear for time,
is the means by which the bodily organism
RECEIVERS its normal condition.
We do not therefore regard the expected
ordeal or commoton in property exchanges
and monetary balances as u calamity. Very
little will be destroyed by the operation, al
though il will result iE varying very consid-
l all tl,a n,ll .s.l Ill
Nor can we take sides with those croaking
philosophers who can see no immediate good
except in high prices, and no permanent ad-
vantage except In boarded gold. We shall
take the matter, not knowing
Through what strange scenes and changes we may
| pass"
as complacentlv as becometh philosopher
which we profess to be. We shall endeavo,
to keep cool, deal fairly, love mercy act hon.
estly, foreclose no mortgages, and procure nc
snap judgments. And we advise our friends
by which term we mean all creation, to dc
likewise. If, in common with large portion
of our fellow beings We are called upon tc
suffer some, we shall,
"From seeming evil still educng good"
rejoice more in the bright prospect beyond
than repne at the molnentary trouble or i'll
convenience. We shall still cling to oul
darling theory, that laughing is better thar
crying, and that working and praying vii
overcome a multitude of difficulties, whilt
dolorous lnmentation would only serve tt
render single one insurmountable.
Meanwhile, let husbands be industriou.
and sons live within their earnings; let wive,
be economical and daughters not extravagant
let families for season dispense with al
gewgaws, and hold last to good bread. Ls
new debts be incurred with caution, while OLE
ones are not repudiated, to the end that "faitl
in man" may not besome among the thing
that were. Especially let creditors be lenien,
and give reasonable extensions without ex
tortionate usury, while debtors, by their TEN
pernte livrs and useful avocations, approx
themselves worthy Of the generous consid
GRAFTON of those who, for the time being, hol
the reins of power.