New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-10-11
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Northarn iournals deplore the ianguishing condi-
lion n - arricultural interests In New York and
~ Me- Eneland States, and state that during
ivnntv yesrs past there has been continuous de-
crease ID the numbers engaged in agricultural pur
snita IN those sections This is bad state Of AFFAIRS
And indicates that farming does not pay we'll. It il
evidence that already the North is producing more
sraiu ana other crops than can find ready market at
Yer,unerasive prices, and has. consequently nearly
about attained the full extent to which it s profitable
70 develop agricultural resources; and that a bad
result must follow, and indeed it has already began
to manifest ITSELF This is the absorption Of small
farms into large estates held and worked by landed
capitalists, who only can afford to cultivate the pro-
ducts which yield so small proft-who do whole.
sale agricultural business and make the investment
Of large capital pay fair interest. The man with
hundred thousand dollars invested in agriculture can
afford to make ten thousand, ten per centum, but
the man with but one thousand or two thousand
cannot afford to make the same per centage, one
hundred or two hundred dollars, on his capital,
which is his land, stock and fixtures, for such yield
Of the investment will not give him living. Conse
uuently he must sell out, and SO the process OF
merging these farms in extensive estates is going on.
This being the case, . direct social consequence
enses and this is the formation of laboring peas
ant class to work the estates, who are the poorly
nad and socially oppressed dependents of the great
landhoders the same as in England, which is not an
agreeable exemplar in this respect for republican
n contemplate But this is the end to which the
old Eastern States are tending, with rapidty which
their wise men refuse to see though they acknowl-
edge as we referred above, that the superinducing
causes are In action which make the result inevitable
The small and independent farmers are being rooted
ont, and the ownership of the soil being yielded to
great proprietors, and the formation of the lower
laboring class must ensue, thus dividing society into
two great classes, with broad line that separates
proprietor from peasant and striking fatally at the
root Of the great principle Of social equality, which
is the very basis Of Democratic republ;canism. The
only bona fide republcanism and the only bona fide
democracy is that which is so constituted.
As time progresses and the population Of the more
westerly States thickens up the same causes will be
at work to bring about the same consequences, and
indeed, they will follow more quickly than their
growth to importance in the Eastern States has BEEN
for grain growing andapple and potato raising is being
entered into in an accelerated ratio in proportion to
the demand and the capacities for production will not
merely keep pace with but increase far more largely
than the growing population will create market for
extra supply. It need not be remarked how very
harmoniou>ly the two great classes Of society organ
lied as We have indicated will work together for it is
apparent that where there is unity Of interest and
no social equality there can be no agreement.
But while the agriculture of the Eastern States is
declining, and the number engaged in it decreasing,
the contrary the case in the South and every year
sees more land put under cultivation and more men
busted in producing the great staple crops Of which
we have the monopoly. No matter how extensive