The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-03-07
The Spring Observation-Disclosures Eff:
fects OF Radfcalfsm.


There is very general opinion
abroad that the spring season will not
be so prosperous a one for trade as it
ought to be; and if all the indica-
tions should prove true, we will know
at whose door to lay the responsible
ty. The radicals in Congress are
keeping the country in very un-
settled condition for their own miser-
able purposes. In oil stages of q
semi-revolutionary state of things in
every country, commerce receives 3
severe check, and we cannot expect
to escape results which are inevitable
all over the world. There was good
reason to expect that before the
spring season opened the business of
the country would have settled down
into its old channels, that the South
would have been reconstructed, its
industry partially restored, and that
a consequent demand for goods would
be created that might justify the cal
culatlons of merchants in importing
largely. But owing to the action of
the radical faction in Congress, these
expectations are very likely to be de-
feated. Had T. obstructions been
thrown in the way by the marplots,
in theiryindictive opposition to the
Presidents policy, the South would
to-day be in a position to open
trade with New York, and the North
ern States generally, which would
have increased tenfold the trade of
this city. But, in the present state
of things, and in view of the pro-
ceedings in Congress, how does the
matter stand? :
Industry in the South is pa2alyzed.
Capitalists are discouraged. The
sources of wealth which might have
been developed are still dry. Our
merchants have imported very extern
sively, basing their operations in a
great measure upon the Southern
market, and the Southern market is
very likely to fail them as long as the
Jacobins continue to pursue their
present course. The bonded ware
houses are laden with goods. Bills
have to be met on the other side of
the Atlantic to pay for these goods in
September. How can they be met if
the calculations upon which the pur-
chases were predicated are frustrated
by faction in Congress? Governor
Orr, of South Carolina, stated the
other day that that State was IN fair
way Of reviving her trade and
industry, but while certain measures
were in consideration in Congress,
capitalists were holding back, and her
progress had received a material
check. The same is true Of many
other Southern States. The cotton.
and other plantations along the Mis-
slssippi, where Northern enterprise
and capital were just beginning to
develop ther selves most hopefully,
are now lying comparatively waste, in
consequence of the unsettled state of
the country. The radicals have put
the times out of joint. Not only
have they placed the political condi-
ton of the country in jeopardy, but
the financial condition also. The
effect of their iniquitous course, is
felt upon every interest, and it will
perhaps first touch, the commercial
affairs Of this city most severely. The
constituents of these men, all over
the country, may soon find the shoe
pinching too tightly to be any longer
borne Without being alarmists OF
desiriag to suggest revulsion as at
hand, we cannot fail to see very serious
embarrassment to the commerce of
the country as the result of the con-
duct of the Jacobins in Congress,
who, for the sake of maintaining
part power, are resisting the return
Of the whole country to its former
prosperity.-Neao York Herald, I'd.
General Early was a prominent
Union man in the Virginia Conven-