Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-02-19

lOT - oi 300 Trey an1ouDted to 500 900
oa January J. 1868, they were $3.50 ia
Wess ~ " Joiy 1855 they amounted to
1t ~ o46, 81 %, On January l, 1867 II
self amounted to 81; ;395. 1872 Ie. ana on .J,,j'
SOUL OF the same year, 81 1856, ,45I 90.
nefe On the first OF January OF the pfes
ho e year, the essets had reached more III
am tt0o and a quarter millions Of oloRo
ona CON menilng on these figures, the !
baR V'e'8 MAKES these just remarks:
wos- And II viii be seen that the eompa
the1 is just about doubling its assets ao
thsn year; not simply doing double as rnu
Off this year as it did the previous. bIIt !,
fro tually doubling on its enti-a A.
thS loss OF a crop wonld close out the
Bureau and the IDLE freedmen, with the 49,
cut worm and collector, it would be
good speculation for the planter to lose
crop Let him not be entFapped to open a
a poorhOuse for destitute negroes, and be Z
thus deluded into ruin. Let him beware
how he borrows bread and meat not for /
himself or his family alone-but for idle a
paupers Let him not incur the repr0ach
of having been sold out, because his
boaTders would not work, or because the
frost or the 1ood destroyed tie product n
of their labor. Let the planter beware ol ~
lest the Bureau allow these destitute IN
freedmen TO bid at the sale Of bis effects, -
and swap places with him next year n
Again, we advise them, examine this W
proposition carefully. 1t cannot do you "
much good. 1t is not intended FER your u u
en- ness transacted by some Of them ia am
prising, aud would sstonish some of OF
" Main and Second street merchants, who
repr too often, regard life insurance as a com
reaQpsranvely unimportant business. f.
puI9 The receipts Of one agency (MoAIahe,
RhlIiLl& pa 0tis) Of the ST. Louis Mutual Life. Las
We year amounted 10 S347, ,568, insuriue s.
inteH69 GOO, and we believe it exceeds the en-
pre4tire business Of some dozen poDuIRr Ney
SO bYOrk companies, namely: the Atlantic
Ine Mutual American, Popular, World Ma
90 40 ltual, Brooklyn Life, Great Western, Cor
bontinentsl Lie, lseven monthsl Widows
mo and Orphans Benefit, National Lie ane
left Trust Company, New York state, ans
lessthe Universal Life. These figures are
wortsksn from official reports.
pre- The Kentucky State Agent of the s.
traG to support the freedmen and pay he
their wages oesidei. ta, te
The Bulletin pithily says, that the II
purport OF the offer of the Bureau is, "a "a
that the plsnter shall bind himself to
feed the negro and pay him wages, IN
der the peualty of having his bed sold ltI
from under him for failure. The Rep1t5- a.
lioan J Jacobin) says that the money is OF
to come from the Government, "or "
rather from Congress, which represents I. ~
the Republican party of the United II
States" Upon which the BlslietiR says {: -
The money, then, comes from the Re -
publican party Of the United States, Of 1
which the Republican Processes to be the =
Journal here. Now the money does not -
come from the Government, Congress
is not the Government nor does the .
money come from the Republican party :
OF the United States. IT comes from tue ::
whole people and property OF the United :;
States-from Republican and Copper :
head from Rebel aud Radical, from ! :.
black and white. The cotton planters
themselves paw nearly twenty millions 4;
Of spccial tax on their labor and capital,
besides the other taxes assessed upon
them in common with others. Yet the 2,
piantsrs are told by party organ that :
they are indebted to party in Congress u
for The poisoned chalioe commended to
their lips. This il the first time we have
ever heard of the Judas who carried the
bag complimented with the exclusive Z
generosity of the aims which were given
ont oft. We might further retoTt that
the journal and the Buresp are them
selves in the interest OF the f6otoIs, since q
the order proposes TO take the whole crop :
of every planter who borrows bushel Of Al
meal or pound of pork from the Gov At
erpment, and bestow its commissions =
upon suoh factors ss the Bureau may p
appoint Here the Government makes /
the advance and the Bureau factor takes
the commissions 1t may be perquisite
OF the Bureau, and ssetor with the cap
ital OF q carpet bag may enrich himself =
with commissions upon WHICH he rqus
no more risk than an auctioneer ia sell
ing a lot Of condemned Government
stock.
It is quite evident that this whole
scheme is part of concerted plan for
enlisting vast fOIce OF negro Proleta-
rians in the service of Jacoblnism, that =
they may become still more utterly de- 1
pendent upon the leaders of that faction 3
than they are now and that they may \
be ready to do any work that may be de- I
manded Of them. Fed and paid by the g
Bureau, itself managed by military of1- \
GERS, they will constitute such force Of g
Ianissaries to be used at need by ambi- n
ton, as no free people ever before DELHI is
erately armed with the ballot and the n n
bayonet. 1t will hardly prove success. b
The bribe to the planter is not large b
enough to induce him to sell himself to !
the bureau and become its slave.
What the Government ought to do, fs Ii
easily told. The Bulletin says it in a few q
! words: ..a. .---- b .-.v,' 3 :.
The obligation to support the destitute il
freedmen is admitted by the Govern G
ment. Congress has appropriated money &
! for that purpose. 1t has been so expen- v
ded for the past few years. The obliga- !.
ton, then, furnishes the basis of q Just ,,
agreement with the planter.
Let the planter hire the freedmen.s e
| labor and let the Government furnish.
| the freedmen with food. Let the planter =
then guarantee the wages to the freed :
man 10 any proper manner. The risk OF :
the crop will then be divided between
| the Government and the planter each
may lose sOqething, but the planter I
cannot lose all. But even then we
should advise the planter not to bind =
himself to fad employment for the freed.
men at q fixed rate OF annual wages. Ii 1
8 flood or frost should destroy his hopes I
1 the planter should not bear the whole >
! less In sueh case the Government P
v ould feed the unemployed freedman 4
The freedman would loaA his wages FOR \
his unemployed term, while the planter 5
would have advanced the use Of his land,
iuiplements and teams, without Pront. :
7 Fhe plepters should hold convention,
and tender sopis such terms to the bureau.
An Inexperienced Politician.
welsarn from reliable gentleman at
the Courthouse, that cne of the newly :
enfranchised sought conference with
him day or two ago, and in great
sarpestness suggested to him thatit was
apparent the rights Of the colored men I
were not amply protected Ia this can= J
ysss, " FOr,n said he, there are four
or dye Waite men running for the Con-
vsntion, and we beve only one bisck
man. / think Il Is no more than just
that we should DO the same, and believe l
we ought to run two or three or four
more colored men, 10 show them that
we can name a. many candidates as they
can. What DO you say about It ep The Z
white voter endsavcred to explain to the
colored voter that II was not exactly IS
he viswed It, but he was not easily c0n-
WINGED, and departed, fully impressed
that the matter was not exactly aysu.--