Middletown transcript., 1868-02-08
FSr Me Middletorn Traa.cyipt. uu.,

MEssRs. EDIToRs. 1T is not our prov
ince neither our intention, to enter a con-
troyersial arena but we cannot in common
justice to the community about US remain
silent, when certain Observer, tries to
explain to poor Piummet, why sruinous
system Of credit exists.
Plummet has had trouble about getting
his wages, itappears, and Observer, from
his stand point, (whom we readily recog-
nize as Boss Manufacturer, } writhing un-
der the sting of Plummets whip, throws
up the back of the agriculturist as pro-
lection for hisown misdeeds. This vicinity
consumes as much material if not more,
than any other of the same extent in the
Union, where the demand is limited solely
to the requirements of the agriculturists.
They here, as everywhere, constitute the
bone and sinew," and we know mea-
surably not only by remuneration for value
to such men as Observer for articles of his
manufacture, which are essential to the
productionsa and growth of cereals, back up
those very same manufacturers by real cap
ital which enables them to float. The
landed proprictors, though slow to settle it
may be at times, are the ''forlorn hope"
often when banks lock up their treasures,
and he is trying by speculative tact to
strike the tide of fortune.
Cause and effect are inseparable but
the aim to make farmers solely RESPONSE
BILE for an existing state of affairs from
which we all suffer, is simply absurd. To
one who wishes to get at the fountain head
of the evil, and correctly inform himself
whether or know, the farmer pays no
heed to paper protests, or fails to meet his
requirements more than the mechanic, we
refer him to the Bank officers, who if they
chose to divulge could relate stories which
are not 6 dreamed of in his philosophy" !"
If 5000 saw every laborer paid in town,
would it likewise furnish means to procure
material, and like amount liquidate the
Manufacturers debts Is it solely through
nonpaying customers who are all g agri-
culturists," as he denominates them, the
drteers Of the seo'ld, who fail to replenisb
his treasury, and take time to feed, that
Observer beholds the man of sin stirring
the cauldron of trouble. ID
The reply of the farmer to the manu-.
facturer, concerning his wants invariably
meets with the rejoinder, "we don't wan
the money under year" "Pll take YOU
note for six months" 4" But may not b.
able to meet it." :" I'll attend to that.
I" If it is not convenient for you to pay,
will take it up" In his eagerness to sci
atthe moment, he forgcts anticipated tfoubl,
and reserves his grumbling for futur,
time, when worried by repeated duns from
city creditors he curses the farmer, an,
credit system generally. 7
| But to arrive at the very head of thi
offending is not so easily done; (for evi
it is although no one with us suffers mucl
in the end.) From whence it FIRST sprung
We care not to determine. The old maxim
the substance matter which tell us, that
very common Observer may ehis brother
faults, but requires more astute gentlcme
than himself or Plummet to tell their owl
is here palpable.
Whether this system first originate
: through the wealth of the manufacturer
and indigence of the consumer, or by tn
: mutual consent of parties, We leave other
to determine; as for ourselves VIC think
dates prior to the time, when the stewar
of Eden was granted life during good BE-
havior, but had his mortgage foreclosed b
usurping power, through the temptation
of his charming partner.
George's Point, Md. Jan. 31st, 1868.