Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-02-28
WHAT MAr BE DONE TO AID IN RE.
STORING CONFIDENCE

E-N#AA NaH =HAHaNAAAa aAANAAaA-EaAAA#
The cry Ome up to the representa-
tives Of the people from all the leading
commercial and financial centers, for
something to be done to restore conf
dence anl rescue business interests from
the " slough Of despOnd.n Il is as vain
10 deny this as It would be to
pluck out from the excited thoughts
of men in our great marts that
trade is at a dead stand, and that it has
been so for 2 long month even at the
great commercial center of the continent.
The merchants Of New York, who rival
in wealth, and probably excel in daring
venture, the famed merchant princes OF
London, have, through eminent men in
their line, repaired TO Washington ard
represented that the utter prOstratiOn,
yea, stagnatiOn, Of business, by reason
Of the cslsmitoUs political condition OF
the country, impeTiOusly demands an ac-
commOdatiOn or compromise Of some
ssrt, which shall be in the nature Of a
covenant, with that bow 0fprOmise, that
sign in the clouds, which shall thrill the
nerves Of the people with joyousness, and
send the Gfe-blOod Of prosperity bound
Ing through every artery Of production,
trade and commerce. Capital is TO BUSH
ness what q vas inland lake is to a
river flowing from il, which sets all the
wheels of commercial life in active
motion. 1t is now still, yea, almost
staguaut. If the representatives Of
monetary interests are so appalled, by
the exceeding uUult ~aa uocartaint,y
precipitated by political affairs, as % hes
itate to adventure their own means.
what Of caution may be anticipated of
that class, in the respect that they are
usually, TO a vast extent, the guardians
- Mhn nAHnaHanuH
who do not trust themselves with the
management Of their own funds? Can
ital being stagnaut who can sell
stocks or merchandise? Who will
buy them Who can buy them2 Who
can be trusted? Who viii manufacture?
Who embark ventures across the seas ?
What may be relied on ? II peaceful
cOunsels could prevail If the apprehen-
siOns Of the south could be quieted. and
confidence be restored TO capitalists and
business men in the north, the south
might 60 on earnestly 10 furnish its old
contribution Of 100000 O bales Of cotton.
and vast quantities Of tobacco, sugar.
and rice, 70 the fountain OF
the aggregate production Of all
the sections of the country. This would
supply the spindles OF the manufactures
north, and give work and cheap cloth
ing to the sons and daughters Of toll
throughout the land. The south being
devoted to that sort OF production best
suited TO il, would have demand for the
meats, grains, and -four ofthe northwest. |
Ii would restore our half DESTROYED COM
mercial prosperity upon the high seas.
Such general prosperity would infalliblv
lead 10 a community Of laws and inter-
est betweenIarring sections. and between
meu OF the same society, Of whatever
race, name, or condition.
But something must absolutely be
done to effect this, to cause capital 10 /
move, 70 set business in mOtiOn-in fine. /
10 M that grand stir ia the marts OF
trade and commerce that shall be felt in
its hfe-giving impulses at the very ex-
treme Of the nation.
In view Of the fact that members Of
congress, 70 use the words Of Mr.. Stevens
have each q plan Of reconstruction of his
own, have each diverging ideas Of duty.
each a stake in the comm0n
prosperity, and have each an intense de-.
sire 70 see business restored from is
dropping condition, and made active.
u prosperous, why may not All
in the adoption OF a step that viii
1t once thrill the country by the conf
ience II viii inspire Of the good day
l1AAAAb VI q krl4tfL union. Con-
yress admitted, during the rebel
ion, loyal senators from Virginia
Why should it not de so nowP Con
yressiOnel districts exist under law ~
congress. These districts being creations
the direction Of congress. and
not at an amenable tOstate control
Fhy should not men who have been
from such districts, who are IoyaI !
,e admitted 10 their seats in the house ?
any man out OF the excited circles Of
politicians give a good reason WHY "a
nan from such a district, who can take ,
be test oath, shall not be admitted
II these propositions could be brought ;
congress when its strifes in each !
ranch and between the two branches A.,
hall have ended, and when members !
urn in the a-nXioUsness OF their thoughts !
-om the proscriptive course dictated by :
'aders, cliques, factions and mere parti-
ans, why may not success be predicsted
y that still small voice Of patriotic /;
which gives answer 10 the long a
lgs-yeai yearnings-of the country for =
step however small, that looks to per :
ianent restoration Of the south 10 the '
y