Weekly hawk-eye and telegraph. [volume] (Burlington, Iowa) 1855-1857, 1857-04-01
s No.. =. w. ys.k f,n...,

From De Ney Xssk 1fib1ne.
We have yet q few wurds ss,r the tines to
utter, and win eondense them q much AZ
possible.
We hare no desire te create apressure
or panic, but rather to preyentSnr. And
this we consider the way to do it.
/ Let the fnrmer or other man Of inoder-
ate means, who meditates building {. new
house this Summer, consider carefully his
means az well as his needs, and be sure he
has the wherewithai to finish before he is
tempted to begin If he owes nothing which
he is liable to be required to pay, and has
means In hand suficis Mt to surely carry him
through, let him 90 ahead with energy and
confidence. If not, let him fix up the old
shelter and make it do for another year
Don't let the new house eat up the old farm.
IL Let the country merchant about to
buy fresh stock look carefully through his
old one, and see whether he cannot cut down
his orders considerably without i,npairing
his assortment 1.-The bought Sic ,eji, worth
last Spring, let him see if judicious and care
full purchases of $6, 600 worth would not re-
pienish his stock adequately this spring. Let
him who sells $4,000 worth and him who
sells $4,000 worth per annum make similar
retrenchments in their Spring purchases.
And let all be sure that their customers win
not only buy and consume but pay for their
entire stock before the season for replenish-
ing again
Ill Let each consumer in mod rate cir
cunstances ask himself-"Ha paid for
the goods lave already bought and used ?
If not, let me stop short and buy lenceforth
no faster than can pay. The oldscere must
be wiped off as | can afford it, but not dol
lars worth shall hereafter be charged to my
running account" lfthis constrains the wife
and daughters to wear their old dresses and
the sons to wear their old dress boots and
hats till the busy season shall haye ended,
they will manage somehow to survive the
trial.
". Let the farmer who lives under, a
mortgage or chronic debt ask himself if he
could not sell something that would pay off
at least a part of that debt. Suppose he has
hundred acres of land and owes 81, 900,
might he not sell off a quarter of his land,
pay off his mortgage, and have as much land
left as, he has stock for with which to till to
the best advantage? But very many are
worrying along under a load Of debt who
have much more than one hundred acres of
arabic land. To such we say, sell off if pos
sible enough to pay your debt and provide
you with adequate stock and implements for
the residue, unless you are sure your crops
will pay off your mortgage when due, and
don't rely on the chance Of your land rising
rapidly in value. 1t may do SO; in time, it
probably will but the sheriff may sell you
out ere that time shall have arrived.
Nv. If you are pressed to take stock in a
new railroad or other improvement calculated
to benefit your locality, do not shrink behind
your neighbors and try to reap !; personal
benefit at their expense, but consider what
you can do, in justice to your family and
creditors and say eff | can sell a piece off
"my farm for enough to pay up ms subscrip-
'tion, and have farm left worth more after
"your road shall be built than the whole new
"is, will go in; but if not, you must wait
"till next year-at all events, must. I val
Tue railroads, but cannot permit them to
"plunge me deeper into debt. Henceforth
"pay as ! 60" al I'D j.
VI This is q good time to stop drinking
Liquors, using Tobacco, and other noxious
habits like these. There is good deal that
might be said on this head, but we will beg
our readers to suppose it We are a prodi-
gal people, and are always letting our ex-
penses run ahead of incomes. Let US
resolve now to see the end of this, though
this should bring us down for season to old
clothes and coarse fare.
We are heavily in debt to Europe Our
city merchants and bankers owe those of
Great Britain the country owes the cities !;
the farmers owe the merchandise short,
two-thirds Of US are in debt. To lowe no
man anything is not the rule, but the excep-
Jion. The bare interest on our Foreign Debt
is heavy item, in our annual outsoes The
Tariff Reduction, which takes effect in July,
will inundate us more goods, even though we
do not order them. We may not be able to
pay off much this year, but let us resolve to 60
in debt no further. Let us stem the current
this year, that we may be able to roll it back
thereafter. And, rs our Foreign Debt is
mainly made up of the debts of companies
and individuals, let US stcrniy resolve that we
Will, individually and corporately, 90 in debt
no further. 1t is high time that We recog-
nized and enforced the sound old maxim of
Pay rs you 90. 1870. .. ..g#