The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1869-06-22

broad plantations Of the sunny South,
invite him TO fields Of honor and afllueDce.
Do you doubt iti Consult the pas.
From the financial crisis Of 1887, to the
present time, there has been constant
OUTFLOW Of the vital energies Of the State,
to other sections, and the depth and inten-
sitJ Of that current, has been in propor>
ton TO the profits of business, which large.
ly depends upon the cost Of capital, and
should that be allowed to advance in times
Of business disaster, and accelerate the
iuin' During the ten years previous to
1860, our population, as indicated by the
last Census increased only ninety,seven
annually Has this no lesson for you :
And when we take into account the vast
influx of foreigners, and their countless
progeny, does it not startle you. Are
you willing to barter the future social and
pecuniary interests Of your posterity, and
your state, for present sordid gaini To
increase the intensity Of that wall already
raised, by your school superintendants and
teachers, on account of deserted school
houses, or the Absence from them of the
defendants Of the Puritan stock No,
rather adopt more liberal rules of action,
such..as'i gave you in my las! hang them
in your Offices. your studies, or your places
Of business, and beside them, hang the ten
commandments, the golden rule, andyour
articles Of church discipline, sacred helps,
in the light of which to study and apply
them, and my word Tor it, we shall not
in future hear you make virtue, as exem.
plifed by theIchristian widows of the land,
the subject Of ribaldry and jest; you will
be happier and better men, better citizens.
better christians. X.Y,Z.
p, S. Since writing the above, have
read "E's" last article, and am much
pleased with the fact, that although he
studiouslY evades those questions with re.
gard to present profits, and just rates.
substantially of his own asking, he doe.
at last tell US squsrely. his reasons for the
faith there is in him, why in his opinion
the avarice ofman should not be restrained
in this direction. by statute law, with
what result | leave for the public to Judge
This article evidently reveals an utter want
OF practical business experience. Who
ever knew a Vermont farmer or mechan,
ic to go to the great money centers where
both himself and his securities are un
known for the comparatively small sum
which he requifes. And who ever
knew, a New York capt. slist to scatter
his loans broadcast throughout the rural
districts, even ifhe could get twice the
rate Of interest he otherwise receives. -
Corporations and those who require very
large Gums may do it, but for him who
requires comparatively small sums the
idea is impracticable. would like to
have "E" tell us upon what authority
he makes bis remarks with regard to the
repeal of all usury laws Of Great Brit
tain, and also upon what statistics he
bases his statement, that the average rate
OF interest in our great money centers,
during the period mentioned was lO1 per
cent Ii would seems that he must conn,
his own locality, one Of those great cen,
ters in order to establish his statement.
Blu! this can hardly be, for then they get
in some cases more than three times ths
rate mentioned.
l am also pleased with the fact, thai
one gentleman of the opposition ha:
learned, that your space, Mr.. Editor, i,
! too valuable to be occupied by PERSONAL.
ties, and rubbish of that sort. Rough
handling, and severe exercise, will some
times cure the maladies of the patient o.
sedentary habits, when all other mean
fail. And ifmy former prescriptions o
: Of this nature, have cured "E" of hi
comparatively slight proclivities to the US
t Of such rubbish, ! trust my present on,
. may cure even Progress.
\ Y. Y. T..