, 1860-09-07

~ T6cr. nj GA aIoos roads toW plfaw ad-
pts{ ~ vh<n eaqnqe. il 1his table ara nectssary
- At1Rfi,ljtN11RA1,.: -:
= =
,,,.,-,,.s.p a.. p... "a ,r-h,,,.,
n.y. FapM.
,v.a. 5oas ~. Wat ,noet med, peon1e and
,.,.v Exactlv sn Political economists
,on,5 ca,ii il l.bor and capital. We need rail-
-o.da IN tows M;nnesota. and the regions far
tbc- veat We nced manufactures
,1in nlidbis and Missouri We need agricultu.
raj labor everywhere. i. Protective -TarjT will
o;vs mechanism start. 4 good Homestead
1.x v;, s.nd among us ruy1iads Of industrious
f,,,;1;es seet;no land. And both these togeth-
A. will bui1d railroads wherever they are desi-
-sh,s Now iti,mrit.eu IN the: Book Of Des4i-
~ that Ne ere to have Protective TafiE aud
tasa Inv. And tleh 'cabital will seek
;,-.,,n.n4 in. Western manufacturing estab.
l;shmcnts. :.
And vhat sort Of ,cspital do Fe want-resi- |
dent or foreign. Resident capital means cspi- |
ts, owned and employed By men who reside /
smopg US, Foreign capital is tbs. which il
1oaned nm ,norteaee or other security BY men'
wbo do NAT resido among. Us. Whenever for
elen capital causes an increase in the value Of
,ba n~onertv of the borrowing community,
crsster than the percentage Of interest paid, It
las been benefit. Whenever the increase is
,ess il bas been an evil Thus-.uppose the
men of Illinois have borrowed ten zpillion dol
,.,, f,o,o tha rnen of New York. at ten per
ce,t interest and that The uss of the money
s~1'' ~. n..uh ar ,ha
has enao'eo 'aeu " ~ Huu ~ 'uo "- 49,, M
St1te one and half million more than the5
con,d 1ave added without .it-they have been
I,'c..-,..,r .,;,,;., a,,,sr, ~a.,,v hr tba
oeae4tlea LULA f''''''' 10A'1.o
transaction. But suppose hey aoo 10 tneH
| substance only half mil1iop,-they have lost
So .,.+ .r,,1n+ This nart of the .ubiect il
1"'' sA.,
| susceptible o1 no 1urtaer arRutnent'
Eastern capital fonned to Western spectators
in landa can work ouly eyiI to us, and evil con-
l. ...,.,,L. ,w..,L.Isa. s,a o~,,a,;a;,,o. =; 4h;s
uuaan1. e ~ .s ss.:.s,..
! matter already. BacE With n! such capital TO
tba mon WIN own it.! Money borrowed to
,:,.N-:,u-s, ,,no,,tot i;fs,ant noatte.
nnno fa"foaoa 10 d eo"e"na' o'0et s0' -,
| Suppose the roads DO nos psy-"no are t"e
| oreat ,osers7 Tie stockholders. The State at
ts.s. ~. mo, living con.iou,us n the line.
asge-lhe 4en u''ns eoa''e4'ao ~ 'ap 4..''
| and at the ter1nlnl, who nave no BLOCK II IT.
are greatly benefited. We do not mean to say
-. 49, .o-;,, ro.d ounad bv fore,oa eanital
toat any Pa'i .o"e -" -. NV =! .eh -
cen be so great nenent 10 o'ate - one OWE.
ed by resident capital, nor that non,payipg
.,,d +,,orcb doino an foual auount OF bust
''A"' &1o :, 49,. ,a... h., ~.
ness can Do 10 aseio' Us one 'oa' PA3"' WV ne
mean tibet such capital, vhether profitable to
,.or,ars or mt. does yastty more good to a
''s - an.1a-ad ~ ,.nd s,oer,.,;on,
country to@o e'np~5eo ~ 'Aa" 'pe~1''''e'
We know Of railroads which have never paid
their owners a cent, but which hare added mil
tl.....uh af n. e,.+s +h-orcb rb;ch
Hons ~ 'n0 ~ E.c 49, ssas.,..:.s..
they pass We kno" q lano sPeca'a''ons
which have crestedimmerse fortupet, but which
h,va rohbed thousands Of industrious fauiiies.
n''s s.se., ::..:. ~ ~: ~ ,,,ttsr
AND a'tef careful surrey =. -. "a'o A1".'
we doub. whether any branch ofindustry which
| +1e 17cst should encourage. can be protitably
~ r. ;.,, Aox-o,-.a arn;.aI
carried On Will oot'o"eo '@a''s''
What sort Of emigrAnta DO We needs Not
a,a,r1ators. not LAWYERS; but nen who come to
sp'e1 ~. ,a.,;,,, .ho ,n,.,,..n. =,
IL