Daily Richmond Whig. [volume] (Richmond, Va.) 1865-1869, 1866-02-01
Northern Men in the South.

A correspondent of the Boston Post, writing
from the South, says 4" feel safe in saying
.. that if the truth in regard to the condition of
81 the Southern States socially and financially,
8. was fully comprehended by Northern capt.
e, talists, the South would be amply supplied
g, With all needed capital to develop her won
det4ul res0arces-resources beyond anything
9. the North, or eVeh The South, dreamed OF
.. before the war" lie says lh%t when about
to start on his tour, many friends attempted to
dissuade him from his purpose, urging that 1t
was personally dangerous for Northern man,
at the present time, to travel in the South
9. Yet" says ia. s. have travelled quite eX-
tensively in the SoGta. cGREersed freely with
8. all classes Of Southern people, val quite as
great a sense of personal safety and comfort
9. as you can possibly feel in walking from your
=. sanctum to your house in Boston. Indeed, |
81 resl called upon to bear my testimony to the
hearty eGrtiality and uniform kindness with
8. which l was s5erywhere received and
treated"
/ He adds The ravages Of warhaNe ten the
" wealthy planters, in many instances, with
the finest and most productive soil on the
face vi the earth, stripped of labor and Of
stock aud without other means than their
naked land. IL other ipstslcfS, where they
.. have means to cultivate their plantations,
e. accustomed as they always have been to the
.. aid of slave labor, they have no confidence
=. in their ability to succeed under the present
condition of labor hence the reason why
b. they are willingly parting with their valua-
IS JIe plantations for from one-half to One-third
9. of THEN SctEal value before the war. l was
.. gratifed 10 meet 9TH gentlemen from the
.. North investing large amOEp5< 81 money in
SO cotton plantations in all directions, within
radius of fifty miles of Jackson, the capital
+ of Mississippi. Many of the finest planta-
q. uGEs have recently passed into Northern
hands, aal as row being stocked and pre-
pared for a cotton soy tA,e present year. 1t
is the opinion OF the best judges on that
q. subject that even if the present should prove
- favorable season for the growth of cotton,
( o the crop will not exceed million and halt
balss # such be the case, it will easily be
seen that tbs price If cotton must run high
The most efieetpd pOSe 81 attracting capital
10 the South is the adoption, ~ Jbe several
States. of liberal laws on the subject OF money
interest. -Diluvian laws against uSury
are ont of date, and should be blotted out OF
evety statute book. The South has, at least,
MS lands Left. nd all it needs to make those
lands a source Of pros greater by far than they
have ever been, is ready money. r they ex-
clude money by stringent usury laws, they will
R,t long hold those lands. They will be COM
PEELED 70 part with them, or a large portion OF
them, by sale, in Cfder to raise the needed
money, which, under liberal laws, they could
easily raise without sale of these lands. We
are happy 70 see that the Senate of Virginia
has made the bill Tor the repeal of our usury
, laws the order of tbs day f2F Tuesday, the 9th
A / Of February