The tri-weekly news. [volume] (Winnsboro, S.C.) 1865-1876, 1865-08-03
AWord of Advice to Northern Credi.
tors ff


portion or the whole Of their claims
against the business men Of the South,
we will assure them that by acting upon
our suggestions they will be more likely
to succeed in their object than they
would ifthey resorted to hasty, summary
measures. They must be aware that the
South is in an impoverished condition /;
and, no matter how anxious Southern,
debtors may be to pay their, Northern
debts they cannot do SO until they are
placed in possession'of the means. AT
present we do not comprehend how
Northern creditors are to be benefited
by urging che adoption of a policy
s which tends to completely discourage
. the former merchants of the South from
Z, again engaging in business, We have
: previously madcja few remarks on this
subject and we have taken the liberty
to state, FROM our personal acquaintance
with many leading Southern. men who
were extensively. engaged in business
in this city, that in course of time,
provided they are not hampered with
premature law processes, they will be
able TO satisfy the holders Of claims
agaiast them. The Northern merchant
not only wants to collect past dues, but
he sleoGld'aim also to secure the future
trade of his old customers. All this he
can do by observing lenient policy.
We do not take the gfound that
2 Northern creditors should ,expunge al.
/, together their Soutl.eraJ assets, but we
do advise that they should withhold
presenting their CLAIMS until it ia clear
they have some reasonable show of
having those claims settled without
involving the debtors in complete
ruin. 49,. A ..sJ,
In our midst we can count hundreds
Of .aerchaats who are dcsirous of estab.
fishing themselves in business dusiag the
coming fall. Many Of them, it is true,
Sowe large amounts to Northern dealers,
aud they are willing to pay those
amounts when they have accumulated
sufficient fund, Now, we would suggest
that Northern creditors, instead of
pressing Southern merchants to the wall,
thereby squeezing from them every
particle of business vitality, should
allow them to engage in their old pur-
suits and recover means, not only to
discharge former liabilities, but to place
themselves on asound business basis.
KS The restoration of a healthy, pros
porous trade to the South will not be
accomplished until communications with
the interior districts arc opened, and
tthe system Of culdvating lands is brought
in working order. The South depends
upon its crops for prosperity. Cotton
and rice are the chief staples, and we
desire that all possible efforts should be
made to secure heavy crops Of each of
those products When the planter has
'reapsd his fields he will send his pro-
ducts TO q. seaboard market and the
money which he receiyeshe win expend
for the necessaries and comforts Of life.
BY their means merchants will gradually
work into their old ohannels Of trade
And place Themselves in conditions to
meetall outstanding liabilities.
/. 1t will not be an rerror, but ansact of
foolishness on the part Of Northern
creditors to crowd their Southern debtors
to that extent that they viii be wholly
'upgble to hold their heads above
water ia the business community. The
writer has heard dozens of Southern
merchants express their determination
TO proceed North and settle old accounts
AS soon as they were in coh6ition 70
make the proper arraugements. We