The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1862-11-05

Their profits on, and what supports vast
masses of manufacturing labor at the =.
Nnrlh. The Presidents Proclamation
is two. fields: ss avr
i lst Phe destruction of all the slave =
system III labor South. - 80. -
c2,Is The deportation of that labor 10
some foreign country.saaw s..4ss s 49,
Commercial men naturally enough
see IN these propositions destruction TO
ships and shipping-Northern cotton
and tobacco manufactures for Southern
negro laoor. Commission. freight, la
Dor. foreign exchange. &c. Hence
there j. great inquiry among CONNER
cial men.
lst. What interest has commerce in
prosecuting war upon such destruc-
tive and revolutionary principiessand
I'd. II the Southern States are to be
black negro States--is a q Union" with
such Negro States worth fighting for
on such commercial principles? What
Is most profitable to US, Hayti or
Louisiana a@ n ~
Besides. business men, banking men,
commercial men, now see thar the war
prosecuted upon such principles, must ,
be prolonged indefinitely y, and al great
er expense. . A war to subjugate eight
millions Of white people 10 an equality
with four millions of negroes, il is rea-
soned, involves so much passion, ener-
\ gy, larpr. that it must last years and
years. rs -
Hence. real estate owners and hold.
ers oi bonds and mortgages, who are
with difficulty realizing The .interestup
oq mortgages, bankers. &c.. begin to
What is to be the value Of re-.
tai estate, especially in New York, If
wars 70 be conducted on such reyolu- !.
4 ltiouary principles: "a -. ~
Y Sernnd-What rents are 10 be real. !
ized from stores, &C., il about one half
Of the productive property ot the coun-
try i TO be destroyed of which New
York Isfhe representative centre?
Third-Wlat is the currency to be
daring this indefinite war - what but 4
PAPER. rAPERi The paper money sys-
ten, Of Mr. Chase, founded upon little
or nothing. was working well, upon the
suppusitlOn that, under Constitutional
apll-radical policy, not only the Union
was to be restored, bat the commerce
and free trade Of the whole Union =
while here is presented 10 us war tor :.
the destruction Of the labor system
South, and trade, ii trade is restored,
only with negroes, such as are in Hayti
--nat such as we have in Cuba, or had
with the old slave labor system Of the
South. Hence, as the war is now pro-
lnsed Indefinitely, and for purposes
very revolutionary and very destruc-
tive to allstFade and commerce wha,
!, % be our currency, founded upon
sush bssssand for such purposess what
but inAatloE, years alter years, endless
inaation, with aggravated prices 10 all
llOn,umcrs: -
There is. therefore. nov. upor the
discussion Of these new Questions. a I
very general disposition 70 apnse and
ayerihrow the starters, projectors and
main,ainers of this new radIca! reyolu-
I tionary policy. Owners ofresi es;ate.
! sho were easily paid FIVE thous.nd aud
teu thoasand dollars for stores, nts get
ung one Thousand or fifteen hundred
dollars. see the reduction Of prefss 10
be permanent, il radicslism be- ones
permanent. Bankers. who nave pro- !.
periy. see in the infinite increase Of
paper--mere paper--no resl prop OF H
certainty for their property. Ship own
ers, in case Of the failure OF the grain
crops, see noprospect Of cotton. sugar,
rice, or tebaero freights. i.abOrers,
manufacturers, see that the great raw
material ol ihrir industry ~ now 10 be I
uprooled--wbilc iaxation : 10 20 on
indefinllels snd oppressiyely too. All I
are disposed. and mean TO support the
Goveugeni but very few real, 1--we
business men now mean 10 support the
administration Of the Government up
on the new course il hass:aftsa on.