Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1861-01-25

curement of necessary articles A wise econ
Omy relates to real wants, and to the best
manner Of their supply, and does not in
clude niggardliness, parsimony, supreme, self
ishness, and other kindred traits.
When all these conditions are complied with,
considerable degree of pccuniary distress
may prevail, caused by want of the necessary
supply of circulating medium or by such
medium as works inequality, and hence injus-
tice. It is not so much matter what is the ac-
tual discount on paper currency, or any 9th
er currency. if it is equal in all hands and in
/ all circumstances. But the moment man
must take bank note at one rate, and pay it
out at another rate, evil ensues. A circulating
medium is great convenience, not to say in
dispensible necessity to the pecuniary health
Of the community. and hence without a suf1i-
cheney to meet the actual demand, embarrass-
mcnt and great evils ensue. The laws regula-
ting currency ought to be such as to place it
beyond the power Of any individual or class
Of men, to SO far vary the supply as to produce
evil results. or to vary its nominal value
The relation or condition of currency, in re-
spect to its use in procuring such articles as
come to US from abroad: bought at distant do
mestic markets in New York or other eastern
cities, has an important bearing upon the gem
eral prosperity. If The merchant cannot use
the currency he receives in trade, to pay his
debts in New York. without loss Of one-twelfth
the aggregate. OF about s per cent, either he
must sell his stock at a high rate Of profit
which would injure the consumer-or he must
bear burden which Will be likely to prove ru-
inous in the end. It may be proper to suggest
here, that the only remedy against high rates
Of exchange is. to make oar currency convert
ible into specie, and this will make it ac-
| tually more valuable than specie, because
more convenient. Hence we regard with pccu-
liar appreciation and favor the efforts now be-
ing made in our State to improve our currency
in this respect. and we call upon all good citi-
zens to put their names to petitions to our law
makers asking such enaetments as are needfuI
to this result.
1t is a bane to our general prosperity to pay
a large amount of money abroad to procure
articles, or serve purposes. which should be
furnished within our own community and by
ourselves. We ought to make for ourselves
very large proportion of the sum of what we
consume, including not only provisions. but al
SO household furnishing and wearing apparel,
as well as what is required in improving and
working the soil, and in building all cur pubIic
and private edifees. The more we do this,
other things being equal, the greater viii be the
degree Of private and public prosperity.
In al new countries which possess large ag-
ricultural, mineral. or manufacturing resour-
ces, during the first stages of development
business may be exceedingly favored by the de-
mands Of emgrants, or speculators-such was
the extraordinary prosperity in this community
before the last pressure, and similar condition
of things may again be induced by the further
development of our resources. however much
depends upon the encouragement and aid given
to such development, and to other favorable
circumstances. The advantages Of such con-
dition of things are usually greatly overesti-
mated the incidental evils usually being suf-
feient to nearly counter-balance tie benefits
as seen in the fact that, but very small por-
ton of the community have been thus placed
in independent circumstances, while the fondest
and most sanguine hopes of the masses have
been dashed to atoms, Money at such times is
acquired far too easily to be long held or profit
ably used. A more normal state of things like
the present, is more favorable to good habits
and moral improvement, as well as to real ad-
Taneement of a pseuniary kind.
We advise every one to improve the present
opportunity to study and practice rigid econo-
my to so to work and keep at work at the
best thing and most remuneratiye he can find
to do-rather than to growl about the hard
times, or waiting fer something to turn up.n
So doing viii dispel the . blues" and they
soon find that their condition is more easy, and
that their prospects are becoming brighter
Nature contains the very things you need, and
if you viii only use the appropriate means,
she viii readily yield her treasures to your
grasp even as the refreshing waters gushed
from the smitten rock at the command of the
thirsty prophet, or as the resisting quartz in
California yields the dust" to any man who
has energy enough to break it, But he who
win not plough by reason Of the cold, shall
beg harvest, and have nothing 1t is a sin
to help lazy beggars even the good book says
they shall have nothing
ia After al the pains aud labor ia
ken by D. B. De Land s Go. to produce pure
Saleratus, we are rejoieed to find that the pub
lie generally appreciate, and are literally pat
ronizing this celebrated mandatory DeLand
& Co.'S Saleratus has worldwide reputation
for its perfect purity. and there is no longer
any reasonable excuse for obliging people to
eat disgusting and unwholesome bread biscuit,
pastry. &C., made SO by impure Saleratus. D.
B. De Land Cos mandatory is at Fairport.
Monroe Co. \. Y, where the Saleratus can be
procured at wholesale. 1t is also sold al whole