Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1862-02-01
For the Standard.


TIE STAY LAW.
Mr.. EDIToR: Since the passage OF the Stay Law,
as it is called, by our Legislature have seen
rious communications in the columns Of the differ
ent newspapers of the State as well also as edltO-
rails touching upon this subject nearly all Of VIII Oh
are deuunciatory ana few, if any, comDendatory of
it. Why is all thisg 1t is said that there are great
many vino favor it privately, but afraid ito let
il be known through the medium Of the press, lest
they should be accused of being overwhelmed in
debt. Now, as for myself this law neither favors
nor hurts Inc, but believe il to be good, humane
measure-hencc, this short communication in favor
of it. Who are those that are opposed to this law
Is it the debtor OF creditor? VI hat class is it in
tended TO operate IN favor of? Is it the rich man,
with his "cattlc upon a thousand hills" luXuria-
ting at home in all the comforts that money and
credit are Instrumental in predicting undisturbcd
by the hardshps incident 10 the battle field Is
this the class of tins law is intended to protect
If So it is bad measure But 1t is entirely diff
ferent claSS-the poor man who lives by the sweat
of his brow" large majority of whom are in some
way indebted TO the men OF the class spoken OF
above. 1t is said that it Injuries the credit of the
poorer classes. It is true it brings about in great
measure, a cash system, but that operates equally
favorable or uRtavorablc upon the rich as well as
the poor. Whatever the poor man has for sale, or
produces for the market BIO gets the cash for IT.
Does that iniure his credit? Then the money is
not snatched from him as in former days. The
poor man who now suffers under the Stay Law, in
consequences of not having the cash to pay for the
neeesSaries Of life would be unable to obtain credit
under any crcumstanCes-ur a man that is SO in
active or lazy that Inc cannot get money in these
shin-plaster times, he would not get credit-Stay
Law or no Stay Law. So instead of iniuring, il
strengthens the credit OF the honest laborng poor.
bet us see. large portion of our people, such as
will suffer most in the present crisis and under the
present trials, are the poor aud the Woodworking.
-nf cla
lively speaking, there arc none. How many are
debtors? Comparatively speaking, all The truth
is, Mr. Editor, nine tenths OF this labOring class
the farmers Except perhaps, few oteshayers-
lsndsharks among theu, are in favor OF this meas
ire II is no uncommon thing to hear them say,
that unless they were assured that this or some
other measure be brought about by which their
property may be secured during their absence they
could not see how they could leave home TO fight
for their country. ibis is the fighting class. The
noteshayers and spectators stay at home, to break
up families, and 20 make orphan children cry for
bread. There are numbers Of men, who, but for
this same, Stay law goald snatchthes last cTumb
from tho mouths OF The orIRaps children. FIhey
would cause Their property to be exposed Tor sale
just-to satisfy debt--lor not however, much
for that as to have the property sacrificed to their
benefit This seems brutal and inhumane, butnope
sfssEed 40 the frst-part If this communication,
utO tt1ey btadt dIo OpDUSou -thic t'O"t
IswiH telfyou. tits such men, Who in Consequence
ofther; par ticular vocation have great deal Of
money owing thenn-s- Almost every body owes the
physleian, hsncea,hS opposition Almost every
body owes the merchant, hence hs Cpl osition,-
Almost every body owes the lawyer, and even if
they did Dot, this law rather seriously injuries their
trade by its operation. Almost every body owes
the Edt6r--fuow Mr. Editor, don't get'ye8ed, for
there are exceptions to, almost all rules hence his
Opposition; and lastly, though not. by anysmeans
the least the note shaver speculator is opposed
to it, of course ALI these make UP quite formid-
able eeA0rk at6In St The law bat reeblect these are
few compared to all other classes I. =.
\ .-.,.. $50 s. Yours, g&&e,4azs ,oAsWEI.Lo{
CorrbS 'SPiNxiNG.-sW learn, that R. L. Patter-.
son. ESQ, proprietor Of the Wachovia Steam Mills,
in this place. has put his machinery in order and is
now spinning cotton thread. This article is scarce
and in much demand in this market retailing we
believe at 81 so bunch -SdL:n Presa