Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1867-03-26

9OTu
(Gohn.ls Times Is fair and dtruthful repre-
sentation of the disastrous effect which the
policy of the present Radical Congress is
having upon hecommercial and business
interests of the country. Business, il
says, is'very much depressed all over the
country. Stacks of goods arestored in the
warehouses and wholesale stores of New
York, and large holders are carrying along
all that they can bear. Prices are lower
than for several years and tending down
ward. q - 81. ltea 30
Many are inqufring why this is So?
Rather they, should ask how could it be
avoided under the present state of the
country 2, During the war the waste of food
and clothing, and other products, was inn
mense. The demand was great. AT the
close of the war the momentum of busi-
ness carried along the high prices. But
aeidei from this, large amounts Of goods
were sent to the South, and many of them
remain there, packed and unsold. The
South could not buy. It had no means
Its people were starving. The system of
labor had been changed The late slaves
were rowing from town to town, to large
extent a burden rather than help to
society. 64sk - vseaass,} ss<is.s-4ss,. s4sss g
Assoon as the armies were disbanded the
planters looked about for help and for means
to put in their crops. A little encourage
ment then would have worked valuable re-
suits to the North. Two good crops ot
cotton, or even of quite ordinary crops at
the high prices of the past two years,
would have brought four hundred millions
ofdollars Of gold into the South from Ea-
ropSpT sterling exchange; the equal OF
gold. With this the South would have
purchased largely of all kinds of goods
which they need ; and their crops would
have kept a thousand ships upon the seas
ihathei carrying trader This would have
brought more money to the pockets OF
manufacturers tnan any tariff that could bt
devised-for without demand for their
goods, tariffs are useless to the manufac'
turers. With two good cotton cropSln the
past two years, we should have prosperity
in every branch of business at this time
instead of depression.
But the wise policy was not pursued. The
Radical plan was to keep the South out o
threatened- - econdi ei0ns, - one after another
have been imposed ttlf the Southern meT
have become satisfied that they are not 70
have tspeace and Union.n AS the Radical;
have frequently pfOelaimeds it has really
appeared that the war was to be continued
upon that people. e sTiss5z apf .ss5si 7s
1t was demanded that the Southern State;
should abolish Slavery They did it.
IT was demanded that they should re-
pudiate accession. They did 1t.
- Ii was demanded that they should agree
% assist in paying the United States debt
and TO declare it imperative. They did it
1t was demanded that they should agre'
nosto pay any rebel debt. They did it.
But Radicalismi was not satisfied, and j
kept on making demands, some of them un-
reasonable and unjust, and revoltinglJ
hniniliatiug. Is fn5si ss.s z,as sf-
Everything was unsettled.s The Union
was not restored-the Object of the war i
still defeated. The South has no assurance
Of peace or safety. They knew not wha
nd in 10
and even alarm that has existed, the crop
have not been produced. Many of theson
of planters, and planters themselves, have
remained in Canada, or Brazil, or Mexico
or Europe. Confscation and punishment
were threatened. They dared not plan
their Fl ids, which might be divided anon!
the negroes the next mouth. They had N
confidence in astate of things which prom
ised chaos rather than settled condition O
affairs. zae 20 s2f- 'f,t7e4f@
So to-day, the South has nothing to bu.
with. Of the future she is not confident
Threatened with continued war and Mill
tarY Governments, her planters are slow t.
act; and the North is beginning to suffe
severely. sr.Esa ..l iss9ss,,.gs, ss-ase,..g
What is needed now, IS the assuranc
that no rash measures will be forced upol
them: that they may be left in peace to plan
and gather, and sell and buy; that tn
North does not hate them, but desires
UNION.
The laws are obeyed all over the South
No voice or hand is raised against them
There is less of crime and Violence ther
than in the Western States at this time
and the party that is trying, by tyrannica
means, to force hateful measures and des
potic Military Government upon them, |
violation of the Constitution, Is doing gres
harm to the business interests of the North
More than this, they are destroying tn
very foundation of the Government estah
lished by the patriots OF the Revolution
established. too, with all the lights OF pas
ages and of the history of all the Govern
ments that then existed and had eyereXist
ed. Tie men who are trampling upon tn
principles of this Government and ar
running the. business of this country 8
well as the Government itself, are in no dc
gree capable of repairing the wreck ths
they are making.
In these facts we find tBe cause that
now depressing the business of til
country, and bearing heavily upon its il
dustrial pursuits. lal 47s3 sssos 4 II