The Ashland union. [volume] (Ashland, Ashland County, Ohio) 1854-1868, 1857-10-28
rising these seven great grown-up ba

nursing these seven great groWn-uP ba-
bies.
On the other side of the way, Hon.
Mr.. Manyboys has seven sons, who are
the exact match Of the merchant 8
daughters--rich, idle, some of them dis
solute-dchauchery coming before their
beard--all useless, earning nothing,
spending much and wanting more
Their only labor is to kill time, and in
summer they emigrate from pond to
pond, from lake to lake, having fsh ling
EGe with worm ct one end and fool
at the other. These are the FIRST fami-
lies in Somewhere. Their idleness is
counted pleasure Six of these sons
will marry, and five, perhaps, of Mr..
Manygirl's daughters; and what fami-
lies they will found, to live on the toll
of their grandfather's bones, until COM
mercial crisis, or the wear and tear of
time has dissipated their fortune, v hen
they are forced, reluctantly, to toll
Besides, there is an enormous waste
of food, fuel; clothing--of everything =
We ore tile least ccononlical civiLised
people on the earth. Of course, the poor
are wasteful everywhere. They do not
know how to economic, and they have
not the means. They must live from
hand to mouth, and half of what is put
into tie hand perishes before it reaches
the mouth. So likewise are the rich
wastefui who have inherited money
almost never such as have earned it
The great mass of the people are Hot
economical. bat wasteful--tt is the habit
of thu whole country.
The next cause is the rashncss Of ex-
perimpEt, leading men to engage in en-
tarprises h5t we'll planned, and which
turn out il cost much and come to
little. HENCE come attempts to develop
new forms Of industry, or o.d forms in
new places; the building of railroads in
advance of populations or in advance of
business, and the great increase Of ship
ping. Bat this is failing that leans
to virtge's side"
Then the spirit which prevails in our
trade is not very honest cue. He
would not say that we were worse than
other nations he was sure we were bet
ter, iuster, more honest than our fathers
were ore hundred years ago. The veal
thiest merchant who did business in
this city fifty years ago, would not be
tolerated ou Change a single day. But
look at the defalcations Of men intrusted
with public funds-look az the great
swindlings by officers of railroads and
banks remember hog lightly all these
things are passed over, and how very
seldom great thief gets punished at
all-remembcr that men fail in trade,
leaving half a million of debt, and one
tenth of million to discharge the debt
how the Pacific Company
put 81. .6c0, 600 in gold of other mems
and six hundred of their living
bodies into ship, with enly six boats,
and no pump that could throw water
in ship that had reputation so bad
that she could not be kept ahoat without
changing her name, and making the
George LAIR the Central Anserica-and
then you see what spirit there is in
our trade.
Our system of buying and selling is
very bad one 1t encourages extrava-
ganne by putting off payday; it makes
the transaction of business more expen-
sive, by necessitating a great number of
clerks; it gives opportunity to tempta-
ton and fraud; it produces general
unsoundness in trade, and SO increases
the cost of every pound OF bread we eat'
every inch of cloth VIC wear, every brick
we pile into our walls, and every slate
which roofs our houses. It seem to be
cheap, but it turns out to be dear.
Hero is another cause.-The great and
one: We make money out
Of aehat has no intrinsic salue-out Of
paper. Property is the product of labor.
To distribute from the producer to the
there must be trade. For that,
there must be money, which is simply
the instrument of trade--a labor. saving
to promote buying and selling.
After much experimenting, mankind has
taken gold and silver, and thereof mado
the Instrument of trade, the me-
lium Of commerce. Gold and silver are
property, and so represent the labor
,eduisite to acquire them; they are
property, and, of course,
iubject to the laws of property, they rise
ind fall in value, and no legislation can
prevent that, any more than iron or tin;
,et, commonly they fuctuate less than
my other substance that could be cho- |
en-. They are condensed property
And not only are they the medium by
vhich debts are paid, but thsy are the
tandard measures of all value. Gold
r silver made into coin has no more
alue than before. At the mint the
Government puts stamp upon it, which
5 simply national certificate that it
as certain purity, or comes up to
ortain weight. 1t is certificate of
alue, not creating of value.