The tri-weekly standard. [volume] (Raleigh, N.C.) 1866-1868, 1868-01-09
,rrTrK rhon !. 2. oLDs,, ESQ.
NEW York, Jan. 1, 18

NEW YORK, ian. i, 1OOo.
Editors of, the iStapdard :-Ayowt 20 say
through your paper, that While httie can
no done towards vitalizing the energy and
resources of North Carolina, unless based
an rpoular State action, as bankruptcy and
,,;strrst interpose barriers to monied invest
nents from any source whatever, yet it is
conceived that a plan for general good is
ready for development at the earliest mo-
n,ent of the States preparedness to receive 1t.
Though as you may know, not conceding
that any of the planting States were made
better off by release of slave labor, Git is not
necessary here to discuss the question whether
the slave himselfhas been thereby improved,)
never, we say, conceding this, still taking
the condition of the South as it is, 1t IS
proper for all who value the future WELT
ing of the country, to cast no obstacle IN the
way of resuscitation of a common interest
and prosperity, so far as hope will carry us
in its headings. a. f'a l.~-.
It is to be feared that the control of the
cotton market of the world was lost when
the conflict begun between North and South,
for whilst in 1860 the United States contrib
uted rs per cent of the above staple product
to the race, in 1865 and 1865, and even now,
only about 40 per cent is rendered And
when taking into the account that England
duct, disregarding US in supply, it becomes
manifest we can hardly ever restore this bal
ance of profit and influences, but are to look
to new conditions of things for whatever pro-
gress made. In Il word, we have localized
ourselves by the war, and cannot hope to
occupy that general character for national
resource before attained; and the paramount
query is, what must be our future course and
effort in rearing upon the present platform
of Southern State existence and destiny,
the best ultima thule we can?
All the humble writer of these. lines can
say is, with the native resources and that
heirloom OF her, speople-integrity and vir-
tue, it is at least not impossible but that
North Carolina will not be preceded by any
of her Southern sisters. She was too great
betnre the war; too great in the war, not to
he great after the catastrophe is overland
she stands upon her broad acres of inherent
wealth, and in view of unsulIied honor and
glory.
Could it he now done, plan is ready, COM
pretending anden,b racing largely their future
development. but the Convention soon to
assemble being nearly >ofgapic in character
and work, the ensuing Legislature can only
adopt. ...,
Your people must therefore wait, and
while waiting, harruonize on the one idea
VI CO-OpCIdlIuS5 III any oCuChC ipdItiuS Vi
tality to the agricultural interests, and the
development of the mineral resources of the
State. .'" a. 10
You will remember that when France was
in much more straitened circumstances, (the
times of Henry 4th;) war without. grief and
desolation within-her agricultural resources
were so great, that like phoenix, she arose
from the smouldering ruin, presenting in a
few years most remarkable and happy in
stance Of Standardization. In word qcar
con necer utterly ruin az Industrious, agaicul-
tural people, .E
Viewing the future of the cotton States
from this point their course seems to be to
expect no such position in the eye of
the world as once held, nor in the scale
of national wealth, nor Indeed in their
own esteem in certain sense, but that they
one and all may and will emerge to respec-
table elevation, and enjoy great prosperity,
no doubt should be entertained
You cannot expect large influx of capital
while having so general distrust among your
selves-for scarcely one of Your own brokers
would lend to his friend; but become pre-
pared to sanction influx of labor with stern
motives for work; to give assurance that
loans made on internal Improvements shall
be safe from private or public reputation,
to receive any and all aid that may flow into
your limits-and ere long things will change |
and your population be happier.
Respectfully, L. P OLDS.