The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1864-02-03
Words of Wisdom from AM UM-
exNGciCd Source.

The Comptroller OF the currency, Mr..
Mccullough, formerly Of Indiana. who has
the supervision Of Mr.. Cbase's pet banks, in
recent circular OF atherly sugges. ions 10
bis wards, tells some truth, which may be
Of service, if beeded, to o.o,hers than those
for whom they we're specially intended. lie
suggests in very penetrating. though mild
way, that the present apparent prosperity Of
| the country should mislead no one. The
prosperity ii only APPARENT, not real Every
day ile war is continued The country will be
the poorer, and, Of course, the less able to
ioreshadowed by Mr.. Mccullough. will surs
! ly come at the close oithe war, and may
come, sooner. He says:
F.! "Bear constantly in mind, although the
loyal States appear supertieially,to be ina
| prosper ,ue condition. that such is. not the
! fact That while the Government issenga-.
ged in the SUPPRESSION Of a rebellion oi unex-
ampled tiercehes and m.gnitnde, and 10 COM
stantly drsining the country otits laboring
and producing population, and diyertiRg i.s
mechanical Industry from works OF rerma
nsnt value to the construction Of implements
oil warfare; while cities are crowded. and
the country is the same extent depleted, ard
waste and extravigance prevailed as they
never befi.re prevailed in the United States,
| the nation, whatever may be the external
lndI cations, is not prosperiBg. The war in
which We are involved is a stern necessity
and must be pr secuted for the preservation
| Of the Government no matter what il may
4 cost: but the country will unquesionRby be
the poorer every day it is continued. The
seeming prosperity OF the loyal States is
owing mainly TO The large expenditures Of
the Government and theredundant curIen
cy which these expenditures seem to render
necessary. Keep these iacls constantly in
mind, and manage the sffairs OF your iespec
tive banks with perfect CONSCIOUSNESS that
the apparent prosperity cithe country will
be proved 10 bs unreal when the war is clo>
ssd, il not before; and be prepared, by care.
| tul management OF the trust committed TO
ycu, to help to save the nation from d finsn->
ciaf collapse, instead Of lerding Your ,nfu
ence to make It more certain and severe"
| The shove advice, which the Comptroller
OF the currency gives to The banks, are words
full OF wisdom, and v i'll be profitable to who
ever will heed them. Keep near shore, Tor
the storm may come when least expected -
We would add buy nothing you do not &C
tually need; do not run in debt; and il you
owe any thing and have the means where
with 10 pay, discharge the obligation at once
be saving wthou. being niggardly; and econ>
omise VIII you can without injury 10
your business'o or your personal comfort. AS
we say sometimes Of beautiful day, Sit is .
weather breed" 30 may ws say OF the pres
snt apparent prosperity Of the country: It 10
. financial storm breeder. BE- prepare ior
il BY industry, prudence and economy. In
thst way the storm. when it does come, %
il sarely will. can be robbed. in a.measure,
Of its power, and the recovery from its pros.
.rating influence be the more easy.--Csn,
Ea0, Sit t iaitl@s* RtulIr ~ l}Hi