The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1863-10-28
Htrt Plies.

,,,weringn: wby .bould lot The printer all
give 3 : opibics?'
P,icss are c-uary regulated By the supply anc
demand Whrn IL supply 3 email. aLo ou!s''
are numerous. psiees ice, Oses1se Tie Deje'
eomostc 9Th eae other 10 see ~hscn shall nav
The article desired. BIT ~nsn 'ne supply = soui
DAFT. and rhe buyers fv~, Prices isih oeesDs'
tssss 8 Dose za1.sis - eel tban 70 buy III |
i ,be Usual zs Of prices. AID Is Ctderstoo'
BY al
Ba. articles are paid for in money aud d
money car be made t~sce as plenty TODAY as
vas yesterday, purchasers all De siiii' g 10 10,
more money tor the same article. Hence lsfg
i1cresse OF t1at Which circulates a. money
-hetbsr il De specie Or paper, : si~ss- folo~'
By higher prices AID y great apparent pro-
psrity. To Que bsldrsd Yeas after the ci-e0v-
sry Of Amercs, rnees eli over Europe ~sf,
three times a. high as before, ir Consequence q.
toe Increase q specie IRON TIE American miaes
Our t0tai circulating medium is VI four kind
Fire., there j. the specie. IL Is uO~ sunk 81
Of sight 90 that ~s seldom see much Of u: ye'
its eIisience po~eri1liy sfvcts the va.-e OF H.
pager tLat 6Osts 20 piebtifsuy oa the surface
Mex, there are she issues OF the State Banks
which have been d. gely Increased OF late BY th'
suspension Of specie payments These are SUP
posed TO amount 10 $ls5, 10000 IT,
State Bank biil- and some specie, Two year
sncs, was alitbe circulating medium there Ss
1 the community. Third, there has b en- adder
80 D. d. -
their notes Of several kinds We have no cei
tain 5aiA as 10 The amount nov IN circulation
bot suppose u may be about 800 900 O0o
Tbi- you'd be ss5 70 esch family IL The Unite
States and Il added 70 the bulk Of their property
IL would make 10 great rice OF prices. b.
When IL Is thrust into their pockets as none,
to be pulled out the next day, and set in motioi
eli over tie county al oIce, the effects COZ
siderable aud immediate. Lastly, there a.,
about huudfed ne- National anks, Just pre-
psrilg their issues, and more Banks are TO b
organized These are expected TO have a cspit-
Of 1900, 100000 Their notes, when added l.
the present circulation. will help lar gely 10 pr
Venuns the iAH Of prices
AL those kinds OF money are current; an
30 lons as they remsiS 90, aud are lot ~ih
drawn from ejaculation, prices cannot fall yer.
low.
But the question is very properly asked al
there rot reason TO look for panic or a crab
again, so a. TO deraDge THE circulating mschin,
which no~ runs so beautifully ?" We answer
that pauics" and crashes" may come here
after. but they are not to be lookea for INN,
dialely. The power aud stability Of the Govern
meet are 50 great, that the people have, and vi
continue 20 have, implicit confidence in IT,
promises TO pay, and in the Banks it is establish
ing Il 10 evident enough. hoNever, that =,
sbsll not always do business With paper Gil Co
lAtioo only, aud in course of time, the Stat,
banks viii be required 20 fede, "a their issues u
specie. or IN notes q the United States. b.
that period probsal' les at a considerable dis
lance la the iniure When the tri4i cOnes
there Is ntas'h 20 expect that many banks al
far, ~hivh tsve OUT lAge issues, which We,
never inteuded 10 be redeemed But The Gu,
reucy, az shole. may continue 80 sound the
the rotten portions Of Il may be removed with
WV FfFNNNt"A nhf Ia"i1 iA iFFaiL W EDnii'
ns-, o, ANY essential diuinutiou Of high price,
Wis money very abundant, every thing rise.
first p odrce, then manufactures. then labor
then real estate. Bot it prices are uniform,
and permanently high il u veil Tor all parts
a. Il would be II they were uniformly low. IT,,
farmer ~hu gets so cents pound for WOOL a.,
81 so per bushei for wheat, can afford To D.,
much higher TOR all he buys. than ne could ~he
bis own PROJECTS we're but half as high IT..
rise 10 prices, hosever, comes some What harde
upon men emPlo ed in the public service, uh,
live upon stated salaries. which do not huctuat.
with prices OF commodities But # the hig
prices Continue long time. this inequality vi
b. remedied by advance 10 their salaries.
During the last two years, debts have beer
very largely paid Every man Of common sense
Who has o~ed and meant TO pay bis aFrearsges
has been trying 10 do Il. Heuce, as a genera
thing people are IN a good condition to begi,
New enterprises. Those who have money o.
hand do not Ike TO keep il Idle and those W.,
have no money, but have any credit Al al, Cal
hhe or borrow al easy rates. Where many enter
prises are begun at the same time, the compeh
ton in business will keep up prices. Thus, /.
four farmers IL one ueighDorhood, having none,
on baud, conclude each to build barn mex,
Spring, and there be but one carpenter TO d,
Il, he can probably get a higher price tor nl>
work than be could If there we're but one BAR
70 be bailt. The same is true of products as Of
labor. II these four farmers all want lumber a,
the same time, and there be on hand onh
enough Tor one bsrr, each will bid for il to ID,
highest point be can afford TO give.
Persons carrying on any brauch Of bushes.
are nov embarrassed, more OF less, on account
OF an inability 10 hire sufficient hep. TIN,
scarcity Of labor will be diminished. in some de
gree, By The return OF the soldiers Bat We az
Prehend that, By that time, enough ne- enter
prises will have been commenced 70 furnish am
pie employ for all the returned soldiers. and tor
al the emigants from Europe, without any %
terisl reduction in the prices Of labor.
In Considering the probable continuance OF
higo prices, the condition OF the country after
the close Of the war is 10 be taken into account
As soon as the ehannels Of commerce in M.
South shall begin TO open. even before the clos.
Of The var cSpiisi Ai.d labor wlll be tending ran.
idly IN that DIRECTION. The high prices Of cot
ton, sugar, tobacco, rice, and OF all southern,
Produ' Is vii stimulate The hopes OF adveuturels
and operations on a great scale. organized on the
basis OF northern capital. NAV be looked for.