Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1860-01-26

markets. Yours, Respectfully,
JOHN G. DAVIDSON.
Bullock's Creek, 8. G.
-<sO>~- ..... .-
CHESTER CORRESPONDENCE.
CHESTER, January "a, 1850. :.
Last week, I made some remarks on the sub,
ject of snon-intercourse, which just now seems
to be popular subject and from all the argu-
ments have heard and read lately, am fully Of
the opinion that those merchants who seem de.
tsrmined not to give helping hand to their own
section towards commercial independence, will
find that they have mistaken the prevailing SEN :,
timent Of the whole South. There is feeling,
of patriotism in the public mind, which rises
above few dollars and cents'-which will make
itself felt hear that merchants make the re-
mark, that their customers care not where the
goods come from, 80 that they can buy them
cheap and the idea in the country is, that New
York is the place to buy goods But those who
are trusting to such false idea just now,s are
depending too much upon awaut Of patriotism
and sectional pride. There is not citizen from
the country that I have conversed with, who
would not make sacrifice to help build up
Commercial independence. ~ Rvs .~r
If there existed no hostility to our institutions
at the North, it would be wrong to allow the
South to become so dependent upon that section,
or any other, in commercial and financial matters
In 1867, the failure Of one banking house, put
in motion crisis which swept over the whole
South, and nearly the whole world. --,.-
Some good men are now influenced in their
feelings as to encouraging separation Of the
Southern States from the North, because it
would cause financial crisis. Our Banks have
to keep large part Of their capital in New York,
to be able to furnish cash for those who buy
goods, every where North Of Charleston. Many
Southern Banks have to keep SO much capital
in the city Of New York, that when it is not
wanted as exchange, they loanit out there, and
shave paper to laree extent. Southerners'
money loaned to New York merchants and spec.
ulators, when our own business men are perhaps
"hard-up!" But this will always be the case,
while oil our merchants continue to run to that
point to buy their goods and spend their money
at the hotels, theatres, restaurants, &c.
There is where the money is wanted and there
it will centre, so long as the goods used in the
country must come from chat point Our Legis.
lature may pass stringent laws to prevent our
Banks from suspending specie payment, but SC
long as New York continues to be the great com
1nercial and financial emporium, much will de.
Eend upon the financial operations OF that place.
With sufficient Southern Bank capital centered
in New York to pay for all the goods shipped to
the South, Southern Banks will always be ef-
feded by Bank failures and suspensions there.
Suppose all the Banks in New York were to sus-
pend now, and all the Southern money be locked
up which has been sent there, what would the
Southern Banks do? Suspend, of course.
These are some of the reasons why we should
max, an effort to become independant in Com
mercal and financial matters, even were our
right, respected. But does it not become high
duty n every citizen to help break off from q
sectio, where our rights are trampled upon, and
when is considered duty to deprive rs of our
property at every hazards . .-.a
We Dtice the assembling of Union meetings,
as theysre called, and We hear Southern merch-
ants resring to them as signs of returning
sense of !ustice to their rights; but if we depend
on justic, returning to us without fighting for it
in the right way, we are only destined to disap
pointmenl But as Mr.. Memminger in his ad-
dress to tie Virginia Legislature says, can we
be satisfied with even the sentiment of those
Union me.tings!' Do they not set out by say
ing that slavery is SIM and that no more
slave state are to be admitted and do they
not, all-Uiion men, Democrats, Black Republi.
cans and Aolitionists-agree upon one point,
that we have to submit to Northern rule, no mat
ter what it nay be, without daring to withdraw
from them, and take our rights in our own keep
ing? They al say they will whip US into the
Union, if we tare to go out They all act upon
the same prindple exhibited by the fellow, who
had another sleeping in the sane bed with him.
He first began o take more thin his share Of the
bed and covering, and kept on, until the ono who
began to give way found he had no room, and
demonstrated, but without affecting anything
he at last said b. would leave, but he was told,
no. He still demonstrated, and determined to
get out and leave, but the usurper had become
bold, and said he should remain where he was,
sto keep his back varmp This is where we are
now. We are told we shall lie still, for about
the same purpose. Now, where is the man who
will not kick little before he will agree to act
as Mr.. Money.poser, for one who has no res
pect for our rights?
! Let us make one effort to become independent
of our enemies. Th. time will soon come, when
the South will have 70 look to her own ports for
her own trade; and we may as we'll begin at
once. There will bea separation, peaceably or
otherwise, and the sooner, the better for u.s.
Then let our Southern merchants begin to give
their trade to Southern cities, and it will help
to build up our commerce., If some merchants
are so fond of patroniang the North, let the peo-
pie see to it, that thOsewho buy goods at South
ern ports are supported and in this way, the
trade will soon turn in The right direction. There
is patriotism enough al over the country to put
the ball in motion. Letit begin this Spring, and
keep 1t up.
| CHESTER MARKEr.-eotton has been coming
in pretty freely for the past week. Some 600
bales have been sold at prices ranging from 81
Groceries.-N. o. Sugar, 10 to IL; Refined.
III to l2I; Crushed Loaf, IA. Cofee-Rio, 49,
to IA; Java, l8 to 49, Molssses-New Orleans,
65 to 6S; West India, 40. Rice, S4 per bushel.