Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1864-06-02
After. tie War...What then I
Prom the Round Table. !

only in the conditions of society among
US, and in our modes Of thought, but
very likely. in the structure OF our Coy
eminent. Precisely what all these changes
will be, and at precisely what date they
will occur, 10 LIVING man can foresce -
But some there are that can be foretold i
we scrutinzc the history of other nations
which. have had such experience as VIC
are now having; aud it becomes every
thinking man to try and ascertain what
these tnings will lie. \ few Of there
changes we propose to specify, in the
hope that the suggestion of them will
stimulate spirit OF thoughtful inquiry
in this direction, which is at once the
privilege and the duty OF all who believe,
with us, in the certain restoration Of hon.
orabie leace to this fair land.
One of the most obIi.us changes will
be that which the creation OF a great ma
tivual debt will effect in the condition Of
the people. We must expect, as mat
ter Of course, that the results which fol-
lowed the accumulation Of national indebt-
edness in Europe will b, manifested in
this county, though urdel somewhat diff
tercIlt conutions, and re.haps i'll a modi-
lied form. 1t is clear that the actual
wealth of the uaton viii lie diminished
but little, if at all, by this delt. The
plo iuctlvc power Of Europe has ntver
been greater than since the time that
great nation. al debts were incurred lii
deed, industry seems to have thriven
more Rapidly AMI yielded richer &c ur.. $
lhan whyu such Obligations we're I'M
known.
Under the imulus uf taxation and the
stern necessities legotten Of desire to
discharge these Obligations, labor has
been organized and ccononnzed. So far.
then. as the productive industry Of tho
country is tole,rn d, we may feel asstr )
ed that us much, nay none, wealth will
Ue created than ever existed before. In
addition to our agrit u,tural products,
from which we have heretofore derived
the largest part OF our national revenue,
We may expect that our mineral resources
will be GeSd ped in Il far greater degree
,h;n ever. Mines Of coal, iron, lead,
copper. silver and gold will be worked rs
they ! C er have been, because under the
prcssur. Of Il DEBT which the nation will
e bound to pay. Our manufacturing
interests also will keep pace with the de-
vel ,puent III ncr II resources, and will add
t, the wealth Of the county. Invent n
vail be stimulated, as it was in England
after the close OF tie great wars with Ma
poleon, which it has borne so nobly
Another change, and enc MT 81 plea
SAINT to contemplate, is almost certain to
fjllow upon the creaii Of an enormous
national debt. and that is, the concentra-
t on of wealth, The great fortunes Of
Europe, the houses distinguished for mo-
notary strength, have bcen bought into
existence simultan ol>ly with the accu-
mutation of Government in icbelness.- -
The Rothschilds, the Earrings, the
Browns, the Hopes, all attained to their
position by these means. These houses
irst made money with their transactions
with the governments Of Europe, and
then added to their possessions by being
tn; media through which such govern
lncn,s have borrowed r.oney of the indu-
stry Of THEN su ] cts The same process
is going on here before our eyes.
Those who know the history of the
varions houses in Wall street can point
dut the men who are destined to be to
America what the houses just mentioned
are tn the Governments of Europe. by
perfectly Legitimate transactions, MIR.
Chase has madG Mr.. Jay Cooke. and
through him scores of other, immensely
weal;hv. IIcnceforth America will be as
for its rich men a. it has
heretofore been for its traders Of moderate
wealth. There viii hethe same wealth
n the country. lut it will BE- in fewer
la IDS; W. sh |, have ewrta r.. but
.nnre merchant princes ANA princcly bank
us The C ncentration Of business be
gan, in fact, before the opening of the
far. The Advantage Of this will be that
there will be few non producers aud more
consumers. aud business, by being done
Ivy the wholesale. So to speak, will be at
less cost to the industry Of the nation.
As a matter of ,urse this concentra-
ton Of great wealth will make the mass
of the people poorer than has been the
. ase with us. no matter how ingenious
~ taxaim may be levied, the burden
must fall at last upon hand AMI labor, for
from these two sources comes all we 18th.
The man who ills the ground. and he
who faLricates the maj ufactnred article
will, in the END. be called upon to pay
both principal ard inters st of the nation
al debt, TO which must be added the waste
which is always incident to the collection
of taxes, and the profit Of their laLor will
he just S, much less.
These concentrations may seem start
ling, and the results indicated not alto
gether pleasing. But they are inevitable
We must accept whatever the future may
have in store for us. The poor will not I,
be as poor in this country as they are in
Europe. for land is cheap and farms are
easy Of purchase; while productive land
is oJen to every enterprising laborcr. the
wsges of labor can never be v'ry low,
nor will the lab'rcr ever be entirely at
the mercy of tie employer. Nor will
these changes be withou, their con pensa-
tons The tenten y to traffic aud un-
productive employ mcnts which has so
characterized the American people will
under the pressure f necessity, be turn
ed to more persistent and m,re produce
tive labor. Then. again, the influence Qi
tho w.olthy class viii e. greater staDl-
lity to the Government
Powerful as are the Rothschilds. the
Earrings, and other houses of equal re-
putation. in the courts of kings. the Jay
/, oies, the Belmonts. III, Ketchums. the
Jeromes, as well as great banl Ing corpo-
rations will be still mo,e potent in the
councils of the people. Those who know
the infuel C. exc ted by great railway and
canal corporation suca a, the New York
Central and Camden and Amboy Rail-
roads. can estimate how p we full will be
the influence Of our very w,althy men
upon the conduct of our national affairs
l..