Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1857-10-24
Theodore Parker s1s ssie EaEfaE.-
cissa Crisis. -

ciaa Crisis.
AS most of our readers will no doubt liz
curious to know what such an origins
thinker as THEODORE Parker Las to say
o. the finaacial crisis, we give 4 summary
of his discourse, from the =. 7. Eve. Posi-
10 which journal il was furnished by it,
session correspondent. Pafker's views ar,
eomew hat diff rtnt from t}o-e OF iitnr<
Ward Beecher; but each in his pe~nli2i
NAY, tells II deal Of truth, v hich will it
treasure az the present time, when taet>
give such potency 10 their Illustrations
3 .echer attributes the break up to thu
wtnt OF conf lence; while Parker insists
that the erelit system is the faiing cause
81 must speak" he saii, "of things no.
very ottea sfj1k"n upon IN SialW from
! H., nalpit. hut very often thought ipnn ou
S.n,lav in the r,avs." In correcting some
,lpular errors IN political economy, he said
lal gaiI WAS rs much an American s@tall"
t. coal wa. ~ English staple. The con
>tr elton Of orr railroads might be lisa>-
i'rors To the >t,ckirpilars. hut it wasan al
v,n,age (" the paop.". The English cap
4 invested in A nericaa railrNa'ls is Il
an If IN ure pe*ce between the two
.aI tries.
The ,ine was when wars were the EN-
l~orHnan, of mankind. Bat in America,
- ,i,..I .I,,.; IL NOM.
hat we walt-not tales. Farming is
rated bv The mass Of our people: it is not
he road 10 SPEEDY wealth. and SO mon
usl, To- trade. Nowhere else are such
commercial experiments male as in Amer
ia. The worship OF money is a step
for ard, but it is attended with great
wis.
a large portion of our people are o
producers, oilers. | do not speak of those
men who have con lenSed into twenty-five
years The labor of forty; such a man il
ever idle; the momentum Of TWENTY-FIVE
years eisrries men through The last fifteen
,earS. Bat there are men-do nothings,
know noiliuge aud leaders Of fashion,
vino speud lheir winters in idien+ss an
-uejr sa,alnefs in going from pond to pond,
,arfyIag a tish line, with a worm at one
nj an: a fool at the other. e.
] think We are the. least economical of
lciviiizei nations. The spirit that prevails
IN our trade is moi very honest. Our sys-
teH Of credit encourages debt by putting
ii ih. payday Money is az in~ii~pensa-
,tr Il trade as the plough is TO agriculture
LIT is the language OF commerce; but We
lis. fof money That which has no intrinsic
vaiup-paper. Corn and gold iuctnate III
~rrce: labor stands behind both, and hap,
sizes them wi;h a specific vsine. Payer
mnEey is perhaps Indispensable in large
business transactions. Foreign goods are
paid for at paper rates, but with goll-
Ne have tried u make monay oat Of that
which IS not money. This is one Of the
cauSes-ioi tbe sole cause-,f the present
and past crisis. Doing business on q false
basis, the system of long credit, are The
chief causes of this disaster. It is the
b ave soIdicrs that gets wounded, and
t'oagh some one has b~IunAered," let us
remember "the noble six hun lrcl," who
have fallen inherently and hrasely.
When the potato rots, it tells Us that il
must not be trusted for 4 nations fool; il
is the voice Of God crying from he ground,
aul the ration that heeds not, deserves to
~s,arve. We oyer-rate wealth. A mlllion
ARE i not he highest pro luct Of %civiliza
'ion. We are never in Il better condition
10 men / our WAYS. Give to charity what
YOU have given 70 volf vices. PAY OF the
little debts voa owe--al. that YOU can
The sea is made up of drops. and if the
lrots do not fall it soon becomes dry
Save all waste. Large ratrenchnentS now
may involve others in rain. Do not turr
r AWAY vonr servants; it only puts off your
burdens on Budgets aud Mufphy's shout
hrs. The country is fall Of wealth, ans
vet everybody feels poor. This j, not ii,
hardest time that Boston ever saw. Tha.
Aas The darkes' day When her merchants
s~soIvrd u kldnap 4 citizen an! sengi him
I,ark TO slavery.
The experience We learn in this crisis
though disastrous TO miiyi iual~. will be N
alyau,age to The race. Mankind stumble
hut hey fall forward.
:, THE LARGEST 6IANrIN THE WoRLp.-
4 few facis are given in regard 10 The