The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-04-21
STOCK INvEsrMENTs.

The public mind Eat any. rate a large portion)
seems to have taken up strange idea. as 10 the
presented in the market. Why should State Bond
or even Bond of the county of Mecklenburg. or
any other county, bear higher rate OF premium
than those of the Confederate States! Many per-
sons who are investing money seem to forget .has
the destinies of the Confederacy inseparable
from those of the States. Under issue OF events
but the full and free establishment of the Southern
Confederacy will any Bond Stock be OF vaiue.
We have confscated, sequestered, the property
of Northern men; surely they gain the ascen-
dancy they will decree that all debts due to
others than themselves shall be void, and they VIII
arrogate to themselves the right to manage our
affairs, financial well political. Where then'
will be the superiority of species of stock over
another! The destinies of the Confederacy are
linked with those of the States as father with son.
debtor with creditor. If falls the other is at
least very much injured The more truly Is TINS
the case with North Carolina, as by her arrange
ment with the Confederacy for clothing the troops
she annually receives upwards of 81 600 OF Ion
federate notes. COMMON SENoE.
The above article is from the pen of gentleman
who though not an original advocate of secession
looks at matters in their true light. and under
stands that if Confederate Bond is not good here
after, certainly State or County Bond, or Bank
Stock, or any other species of property. will not
be safe in the hands of Southern man. Whyist
that any man will pay premium of from rs to 20
per cent for State or county Bond, three or five
prices for any other property, as an investment.
when he could easily invest in Confederate Bonds
at par or a small premium? The fact is, all our
people have not yet realized or comprehended the
stubborn fact that the Confederacy must be estab-
lished all property is lost. IT they under
stood this matter they must and will under
stand it at day, should not see such high
prices paid for local stocks, for lands negroes and
horses, when they have the opportunity of invest
ing in Confederate Bonds at comparatively small
premium. Suppose fail in establishing the in
dependence of the Confederacy, does any one sup
pose that would be allowed to enjoy property
or receive income from any sort of stocks?
Certainly not. If the State of North Carolina was
to reioin the old Union could she collect revenue
enough to pay her debts! We think not. One
half of her citizens would refuse to pay another
cent into the State Treasury, and it could emily be
collected by the sword, which would keep in
volved in war all the time. Besides this, there are
thousands of who will never lay aside the i'm
Elements of warfare and submit to the detested
Government of the North. So it is a plain fact,
that in order to have peace aud hold and enjoy prop
erty our independence must be established, and it
is foolshness to make distinction between the
destnies of the State and Confederate Governments
If falls the other is ruined-f the securities
of one not good the other is also worthless.
Therefore, it is the duty of every Southern to
do all he can to sustain the Confederate Govern
ment, as his all depends on that. The sooner our
people understand this fact and act accordingly,
the sooner shall we have peace and independence.