Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1868-03-06

The New Englanders in their pam
pered pride and power have bsasted
much of their independence Of the
South, since they have been enriched by
selling their slaves to it, working mp the
capital thus furnished, aud turning II
over and over. supporting laborers al
home, and supplying the South for years
and years with every manufactured arti-
Gle II consumes, from q jewsharp to
grave. stone. But now the game Is
blocked. They have killed the goose
which furnished the material and laid
the golden eggs for their consumption.
It is too poor to buy their manufactures
longer, and so they begin to howl. Their
laborers and manufacturers are nov
thinking of removing South, where they
can do better, find material cheaper, and
make sales with less difficulty. We trust
they will come ahead, and help to build
IN the Southern country, in which they
are welcome to enrich. themselves by the
use of their capital, which employed
here win yield greatly mere to the adj
vantage of their own pockets. All right.
Thus let the South become a manufac-
turing emporium. We quote as follows
from the New York Day Book:
The South is crushed out; but there is
nothiug in the North save the blighting
effects of New Englsnd's poisonous doc
trines-nothing save the fruits of the ac-
cursed war, 10 interfere with any re-
sources she may have hitherto possessed
independent of that same South. Why,
then, does New England send up her
groans of commercial distress? Because
she has been forced to acknowledge that
she. with all the balance of the North,
was. and is, dependent upon that great
consuming as well as producing section,
now PROSTATE. New Englsnd's political
virus was more than the country could
stand. It has produced the state OF
things which exist to-day, North as
well as South. One hundred thou
sand of the once industrious populs-
ton of New England are idle and
in want, mainly through Southern pow
erty, which New England brought about:
Her manufactures in 1865 aggregated
s5l7, 240,7l3. In cotton goods she pro-
duced S54, 500, 900 per year, and in boots
and shoes $50, 920, 900, together with q
large amount of other articles wanted by
the South. The staples we have men
toned were especially important, as
boots and shoes were as much needed by
the South-few being manufactured
there-as the cotton staple was by New
England. To-day, the condition of
things is getting fearful in that section,
which boasted it "could live and -four
ish if there were no South" and so
changed has become its sentiments upon
that subject, that some of the cotton and
wooden corporations of Rhode Island
and Massachusetts contemplate the
disposal of their property, taking their
capital to Texas and Alabama, and
erecting mills in those States. Now, let
the mill operatives weigh we'll this move,
and count the cost to them. Thousands
of men and women will be turned out of
employment. The stampede of New
England capital into the South will give
the deathblow to the locality that " could
flourish if there were no South. New
England's operatives cannot 60 South if
they would, for their employers have
stated the reasons for the move to
be "the economy and convenience OF
manufacturing cotton and wool where
labor is cheap and material handy.
Truly, the curse is working. New Eng
land capitalists are contemplating move
which will ruin that section.