The Orangeburg news. [volume] (Orangeburg, S.C.) 1867-1875, 1869-08-28

any.
Do those who have no land, wish COM
petitors in labor, and in the land market
reducing your wages one-half or morc7
Do you wish a great increase of money
capital, reducing the rate of interest to
the standard of Europe, causing all prop
crty to rise, in prop ortion to the fall of
interest. Your wages are fixed by the
surplus of cotton you have to export,
and the price it will bring in Liverpool.
Your prosperity depends upon the
scarcity of labor and high rate of
interest. You have nothing but your
labor-you cannot borrow money, even
if it gets down to 2 per cent. The value
of your labor being fixed by the value
of cotton in Liverpool, where interest is
low, you can, by residing where it is
high, acquire proportionally, much more
land in given time.
To those who have land to sell, or
more than can be worked, let me say
the very scarcity of labor will make one
half of yaur lands bring in annually
more money than if all was planted-the
other half is worth 5 per cent to grow
broom sedge for grazing, and will ad.
vance more than Eve per cent annually.
For the safety of the manufacturing
interest, especially in cotton, it is not
prudent TO push it too fast-not faster
than markets can be found for the
products manufactured. Just as sure
as the winds return the water, to be
condensed and fall again above the shoals
the people here will possess the money
and energy and skill to put the water to
work; and to effect this most speedily,
we want scarcity of labor, that there
may be scarcity of cotton, aud cores
pondingly good prices.
With cotton at go TO % cts. per b.,
we can in Georgia appropriation dollars
towards increasing our manufacturing
interest with more ease than one dollar.
with double the labor, and cotton 8 to
II cents. Where are the laborers best
fed and clothed? Where labor is scarce.
Where docs land pay the best profits !?
Where labor is scarce aud the reason is,
the products Of the farm bring the best
prices, under these circumstances.
am equally opposed to begging f,r
money TO be brought to the 4South. to be
invested. If capitalists come of their
own accord, let them come, but it is not
to our interest that they should. You
now own the property of Georgia--if
you sell one-haf Of it, you will own but
the other half. 1t is very difficult 60
transfer real property from one country
to another. The most you would get,
would be the means to live, and dress
fine for few years.
What we want is system of saving,
and properly investing each year. We
could and ought to save annuity fifteen
million of dollars, to be invested in
machinery. That would pay future
dividends, to be re-invested. | am for
more labor too, but want such as we
may never regret acquiring. Accumulate
all sorts of labor-saying machines i'm
prove your land to a capacity double its
present rates; improve your systems
fully double ofwhat they now are. Learn
to do fully fifty per cent more work,
with the same labor than is now done.
and with more ease learn to apply your
labor to greater advantage than is now
done-do all this, and more too which
can be done, and you will find your
products ample, without any increase of
population. | am for non-action by
Georsia-non-action of our people.
Leave the subject of immigration to
time, and the free will of those who
wish to come among us, and be of us.
We owe our prosperity at this time
entirely to the scarcity of labor-many
negroes having refused to work others
being employed in repairing torn up
railroads, and building new roads. If
all the negroes had gone to work on the
farms, and done full work, it would have
taken twenty years to reach our present
situation. The scarcity of labor is the
only blessing we now enjoy as result
of the war
The scarcity of labor in the South,
gives us the proceeds of the very !abo'