The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1868-02-01

cars ana years ago. II thegood Old Ems s /
gone forever and ever by, It was predicted By /
the Statesmen and politisaI economists .of
the South, that the abolition of slavery, and /
consequent destruction Of oar system Of !
labor, would bring about not only the ruin
Of our section, but would disastrously affect /
for an indefinite period the commerce aud !
material wealth Of the civilized world This
predietion is now an process Of literal ac-
tual fui6lment before our very cyes-before /
the eyes of the world; and yet such is the
preiudice, such is the purbHnd folly Of the
leaders-of, indeed, both The rank and file
Of the Radical Republican. party Of this
country, that they actually refuse to reeog-
Mise it-refuse 70 do anything by way Of
pre9ention-refuse to adopt any measures
ealculatedtO eyade, or even to mitigate the
ruin thab stares the country, the whole eeun.I
try north and south, in the face, and blindly,.
reeklessly rush the old ship Of State upon
the rocky breakers, whose ominous roar al
ready fills our ears, and whose cold, white,
heaven mounting spray already dashes Us liu
the facel
~ i &c 4NolI uCtlUA u LlC .A1OAtA-gAn oeIAAA
Of labor necessarily involved the destruc-
ton, the death Of "King Cotton. The
prodaction Of the royal staple Of the
South was still further hampered and re-
strained by the imposition of an onerOus,
Illegal and unconstitutional tax. If any
thing had been needed to insurethe desruc-
ton Of cotton as a royal, controlling com
merca tiple, it was furnished by this in
famously unjust and vindictiye tax. Demo
MAC malignancy and purblind revenge
prompted its conception and presided at its
1i:th for, ike q twoedged sword, it wounded
fatally both the enemies and the pets Of It's
radical progeuifors-its struck down both the
whites and the blacks Of the South Invited
by emancipation, and aided by the tax, India.
Africa, South America, and all the islands
of the sea, have entered the lists and more
, than taken the place Of the South in the pro
duction Of cotton; they have gone into it
indeed, to such an extent, that it is estimated
by the best cotton experts in the world, tina
+ there will be surplus of at least two mil
? : lion Eve hundred thousand $500 0O0) bale.
in the markets Of Europe on the Ist of A pr
next But none of those eountries-neithel
India, nor Africa, nor South America, MOI
all the islands of the sea-will spend Ia,
: whole proceeds of their cotton crop in tn,
markets Of Europe, as did tie United State
when they claimed the throne and exercised
the seeptre Of " King Cotton" The Eas
J Indians, the Africans, the South American
and all the islanders Of the Atlantic ant
! Pacific Oceans, take their cotton TO tn
marts Of Western Europe, sell it there, and
|, poeketing the proceeds in gold and silver
spend hardly dollar there, but take it bacl
home, and, according to the universal Gus
tom Of semi-eiFilized races. hoard 1t the
do not lay IL out in manufactured goods
silks, and European notions generally, a
6 did the people of this country and, thus
: depriFing commerce of one of its chic
II sources of employment, the ships of tn
world are left to rot at their Wharves, and
deadly lethargy falls upon all the sinews 0
trade This Is lchat as tie matter, noU
The white-winged birds Of eommerce-th
skimmers of the sea--instead ofthe immens
carrying trade furnished by the return
: freights of North American cotton merchant
and traders, lie unemployed, with thei
= wings Folded trusting and retting In port
while the merchants and traders, and til
cotton planters Themselves sit still and Sc
their wealth ebbing slowly away from da
to day, with ruin and bankruptcy in the nea
= prospects! Yes this IS loHat IS the matte
The Southern system of labor has been RI
ined, and with its ruin has come ruin to th
commerce and wealth Of the world
z Such are some of the results Of sudde
: emancipation of the negro in these devote
Southern States. Any sort of emancipatio
i would have brought the same results abou
= sooner or later; but, immediate, sudde
:. emancipation, has brought them upon us a
so quickly as to make the whole world heu
j swim, as if in deadly vertigo!
- So long as cotton was king, it was vel
eouFenient, a very handy regulator an
g equalizer of our foreign exchanges. Br
\ now, since his happy majesy's sudden d
N thronement the balance Of trade is agaln
= US, and We fear must remain 50 until we al
- reduced to the position of third or four
!, rate power, and shall become like deerepi
n old Spain, the debtor, the beggar, the yag
j bond, the laughing stock of all nations
u The which, heaven forefendi but, whic
II the radicals of Congress seem bent upC
- with malignant madness, an inconceivab
- desperation, which fOrebodes destruction
er themselves and to the whole country
ar /" in one red ruin blent T.
T Legislative.
We clip the following items from the reg
A.. OH