The day book. [volume] (Norfolk, Va.) 1857-1867, 1866-07-14

corporations anu lnOnOpoleS are plllnS pro-
digious loads. How long the burdens can be
borne, is a question for the people of the
Great West to con- slider.
...r --~- -
The Injury we Suffer from Radicalism.
The counsel to send proper representatives
to the Philadelphia Convention, commends
itself to the South, not only in political, but
national point of view The prevalence and
certainty of the course of law, and social and
political order, are guarantee to the man of
means and enterprise who contemplates an
investment of his money, and an exercise of
bis talents and skill in the management of
his venture. Without an assurance of social
and political order-without the guarantee of
social and political stabity-no man of pru-
dence will feel justified in riskng his means
in community where these safeguards are
wanting. SO long as doubt and uncertainty
as to fixedness of social and political position
prevail, so will men of means and enterprise
hesitate to embark in specuations, which
they otherwise might deem attractive or
likely to prove remunerative. This uncertain
position of the South is thus we'll calculated
to act injuriously to her material advance
ment, and out of it arisesa strong reason why
she should, in justice to her people, endeavor,
by all honorable means, to remove this clog
to her prosperity. In order to effect this, it
becomes still more evident that prudence will
L. L. Al IL 4.
persons, fully impressed with her necessities,
to represent her interests in the Philadelphia
| Convention.
| Not only are men of means and enterprise
deferred from entering into specuations
which would prove remunerative, but the
difficulty of inducing immigration is immove-
| able, SO long as our condition remains unde-
termined This condition has been brought
about by radical legislation, in opposition to
| the policy of the PRESIDENT, and that condi-
ton will remain our status, until the radical
element be displaced from power.
| This element constitutes the objective sit
uation or position, which must be changed
| by cordial and united corporation with the
/: Northern conservative element For, so long
as radicalism remains i'll power, 50 long will
| there be a bar to our progress Let this logic
| be realized if we are earnest in our opposi-
| ton to the common enemy. 1t will act as a
stimulus to our efforts, and, at the same time,
make us cautious and prudent in our action.
| We have willy and INSCRIPTIONS foe to
deal WITH and we must employ the weapons
most likely to throttle him. We must re-
we now most need if we wish to develop
| our vast resources Without it we shall re-
main comparatively paralyzed and all the ma
terial advantages we possess will DO of no
avail. BY all means let us seek to attain fix
edness OF condition 1t is necessary to our
development. This it is impossible to effect
uuder the rule of raaicalisrn It's removal,
therefore, is to us matter of prime consid-
Grafton and of incalcuable Importance
Without it the South is Prolnetheus bound
In illustration of the views we have present
ted, We observe, since penning the foregoing,
that it is stated III the National Intelliaencer
that it has recently met an Intelligent business
man from the South, the President of one of
the principal railroads, who represents the
feeling of insecurity, growing out of the
threats of confscation and disfranchisement,
and other manifestations Of hostility by the
majority in Congress, as having most in
furious effect upon the enterprise and indus
try of the country, The result Of this radi-
cal hostility is an unwillingness among
large portion of tho business men of the
country, to engage III important enterprises,
deemng it more prudent to rest on their arms
and watch the course of events especially as
any signal success in acquiring fortune might,
only subject them to more danger of perse-
cution.