The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1866-01-16


= u thsir telTlo.y which bad not bee
'F passed over by taa troops Of one or q
D. other OF the beiiiEerents-Wlth tls
e system Of labor teo-ssuizei-vith 2
e. agricultural Implements OF arufr
p stocb-wilh 40 money except CoutG
{ rate bAs, which were then wor.hlss
B. and, besides all this. with no c-rtairl
as 90 their future poHl1aI slsr-s IN
e governmental relations lit was ID.
Q strangs That the hearts Of the S1ulher
+ PeoP suuE Tor awhile. within then
2 aud chat their feeling with regsri /
ile future was one of almost abs1.u.
D despair
AZ this time there IS arcacl;op 90
/ certain cEtert and o moro ca5-if
.eaIus hat ,hegl exc saA z-cal ol-
? e.ea m .us way, EDl tAa iut1-e of tL
ogatn.tural iu-5rat can oy n1 mssn
oa clearly iore3od There lscvcry da
; pos5tion amoag the planters 90 20 g.
"'lA --.1'7c ls. inteet, eTeIy ilaaHa
. Alelt @ lu-5re-i. % say u1LiuE 1l d5r
necessity, 90 urge ,aeu io an a-tamr
% once more pToiIre those aEricuIu
rai staples which benf.ssl aNk
North sud South. ana carfis-
the country 90 shat pitch of ma
tr-'1i greatness anj psriiv wnct
lt had attained before Tie war. Bu
lt Is clear 20 tao c0mmonest c0mpre
htnsion thct without capital % b6eiu
Wlth-witHogt lid from an exterior
sourcs-.he valusble agricultural lands
OF the cotton States must remain un
I TILED, and the prosperity Of the whole
country sappgd lgr the want of that
grand article Of export, cotton. which
. is the Eie-1lO)d OF oar commercial svs
/ tenn
/ We need uot enumerste aIl the vast
Interests OF thi5 country which are de-
/ pendent upon tle products Of cotton
There IS scarcely any Poru0a Of the
J United States that is not benefited d.
rcctly-there Is u0 portion which IS no.
benefited indirectly-by the produc-
ton Of cotton. Tits not the planter alone
Whore@ps che profits The minu.ac.greI
makes his gain by it-it IS ths motive
power OF The wheeIes OF f0reien com
mgroa Above all, &c is Che great me
diUm Of exchange between this and
Foreign c0untries, taking the place OF
gold, and sustaining not only private
credit but even Che credit OF the Fed
cral Government itself Importing q
value o. four hundred millions year.
the country would be drained Of is
gold TO pay for these imports, and tha
financial affairs Of Government aud
people involved I'm iucxrioable con.
fusion, but for that single article Of
COMMUNICATION
Ii has been supposed by some chat
an increase OF production would De i0l-
lowed by corresponding decline iu
price-so that q large crop would be
worth little more. in ac.ual monsy.
than a small one I'm our opinion tlis
is, TO very great extent an error The Z
statistics Of cotton consumption Show [
that from 1919 10 loiJ the increase I'm
the use OF cotton fabrics has been steady Z
and firm. The extension Of commerce.
Is carrying the cotton goods OF America
and Europe t0au portions OF che world 7
The use Of such E0ois is everywherc
increasing Tne demand IS every year
greater Reasoning from the past. we
may conclude that if cotton I'm 1860
when four millions Of bsles were rro-
duced, actually sold higher than It did
twenty years before, when not one half
that quantity was raised, in like mal.
ner the price viii continue to keep up
in the future with tho Increasing de-
mauds of the world and lhal 10 is safe
to say that 1t will be MANY years. irI
ever, before American cotton win be
worth less than the equivalent OF TWEEN
ty cents per pound In gold.
, he interest of our people then, no
less tbaa the necessities oil commerce .
and the Federal government reqg1e
that every exeriion be put forth to p-o- I
duce this inyaluab.e staple S-url=e
that we could make, this year. the crop
Of lsuG-say, Iu round numbers, -four
millions Of bales. The average plico OF
cotton now Is, in gold value, thirty
cents a pound The total value of the
crop, at that price. would he the MAG
uihcent sum of nearly Eve hundred mil
lions Of dollars in gold
Think OF that, ye statesmen, who are
trying 20 reduce the currency to par,
and 90 poy of the public debt ThinS
of it, We importing merchants wno
must pay your purchases either IN cot
ton or gold Think o, it, ye bankers
and hnancie-8 oil Northern cities
Think of il, ye lords of the loom iu
New England, who have built cities.
and towns, and villages, and palaces
through the magic aid OF the power Of
cotton Above an, thiuk Of 10, Sc poor
pennile-s, ruined, helpless planters Of
the South, who have had the means Of
realizing all these bright visions cd
wealth rudely taken away from you,
and consumed by the blazing torch OF
war
To think OF iL, indeed IS an that Che
planter can do. He has no money
wherewith TO hirs labor He has no
money 10 buy draught animals and agri-
cultural implements He has no money
10 buy provisions and supplies for Ia.
borers. he sees bis once fruitful Fields
growing up in weeds before his eyes,
and he = utterly powsrless, without
money to redeem them from waste
Before the war he could get advances
from his commission merchant Aow.
his commission merchant, like himself,
is ruined Whittier shall he turn
as ne said above, we believe the peo-
pie of the Northern States are as much
interested in this matter ss we are
It is & great question If c0mmerce-it
is great question Of manufacturing
prosperity especially, it is a great
question OF government itself Five
hundred millions worth of cotton
even two hundred millions worth
produced this year may save the coun-
try from q financial crash, which would
topple 70 their foundations many Of the
gaudy supeTstructures of wealth which
the merchant kings end the manulac-
turing kings Of the North have raised
In this extremity Of our neCessity we
believe the North can save us, and save
itself by an act Of judioious policy
1t has millions Of accumulated capital
Let it send some of that capital here.
to beapplied 10 the growth of cotton. Let
it spare something out Of its store to
set the planters Of the South on their
feet again, and enable them 10 resume
the purs..s Of agriculture 40. as q
pt--but a. a loan, TO be repaid out Of
the proceeds Of the crops, the capital
lists having the first mortgage upon
those crops after tho demands Of labor
are satizaed We believe system can
he easily devised hy which the capital
lists Of the country, taking but it.ie
risk, csn slmulats the production Of
cotton throughout the South, aud re
store to the country q crop of suca val
ne ns VII save all of the people alike
IRON the horrors Of q financial revui
sion
It can bs easily demonstrated that
the cultivation Of cotton now. provided
we can have reliable system Of labor.
will be much more profitable than be-
fore the war The cost Of a good -Geld
hand then was Ebout two thousand
dollars The anEusl interest on that
sum, at S per cent, the fsts in Louisi-
aua. together aith clothing and uain-
teuauce, wa as much a. she planter
uiL nov have t0 pay Tor a years ser-
vices OF q laUorer, and in addition. The
death Of the ahorer. before the war.
was an absolate loss Of tne money iu-
vested az tais Time the planter lakes
no sllh g.ek. 10 VIII bo seen lhen that
the conditions of planting are. 10 say
the least eluaily az favosableas before
the wlrl = not more so, provided c.pi-
tal enough 30 begin wlh is n aand
Eat when % = rlc1.leetel tlat cotton