The Orangeburg news. [volume] (Orangeburg, S.C.) 1867-1875, 1869-04-03

- s's.'-.'s.--s is,.-,.v.,...
The present conditions of the import. and ek-
port trade do not proshise a, speedy solution Of
isA The balance I hlafsely sgaihs. ua, and Is
Increasing. Az pfescnt pricessnsithes bopsis,
aor cotton, nor graf win puy slroft % ship.
aTAe foreign markots ssss goalp, or gold Win
be in demand forsbipmcnt when the present
supply Of sterling isexhaustcd. Specie and
grccnbacks will approximate when our exports
increase in value, aud our imports fall of 70
point that foreign countries will send specietto
buy our products There are no indications
of returning frugnlify, tol help.to this result,
The capacity of Che country TO pprddacc .hs
articles which will pay remunerating price
abroad is limited. The limit Of cotton rrod,c-
tiop i reached. f'hat crop cannot be increased
until more labor adapted to Il Is brought. iuto
the county, - .,''''7' r ~ a'o iieai 81
'wha. viii b the eiFee. OF The opening. Ill g.oi Of
railroad communication with the Pacific? I.
will stimulate enterprise and produttfion IN
| this country, by the introduction of the ci,oap
labor of Asia. It will increase the internal
trade of this country, and give 50 many new
channels for our deprecated currency, that it
will cease to be redundant But it will no,
add to our exporting capacity or values in
proportion to tho facilities and temptations to
increased imports. China has pursued the
traditional policy of selling as much to, and
buying AS little from other nations MS possibie,
and for centuries has been drain on Europe
for silver. OF late she has begun to draw
gold from California. TO what extent railroad
transportation for eighteen hundred miles
across the Con incnt will be profitable will
soon be demonstrated. The probabilities are,
that only very valuable good can bear the cost,
and that all bulky articles will continue to go
around the Capcs. While therefore not dis.
posed to underratc the brilliant dcs,inics of
New York and San Francisco, and intermediate
points, We, view the prospect of abundant and
cheap labor rs promising tho most important
results 81
The sugar and cotton producing States If
the South should seize this their opportunity.
Caucasian labor cannot be relied on for
these products, except to a limited extent, and
on the healthier table lands Un the rich and
malari"us bott,nls once so productive, where
the freed negro now refuses to work, the white
man will not risk his health under the blazing
san for the chances of heavy crops Nor will
he contract as under the old slave system.
where the laborers worked in gangs on large
plantations. He sxpires to own his farm and
work on small scaic, making a little cotton
as an incidental crop. Cotton production BIZ
whites will settle down to this definite shane.
Any increase must come from the Introduction
of the Mongolian race; for the blacks are
dwlndi'ns in numbers and becoming yearly
more lazv and I'm afE..;o-t- rr--s&s
of commercial fertilizers, improved implements
ard skillfnl till.gc. may for a time make good
the deficiency of labor. But unless that
increasing deficiency is supplied BY other labor
the most valu,Sle lands must again become
Pe>tilcntial swnmps or grow up in weeds and
thickcts.
If the South will exert one-half of the toll.
energy, and self denial to retrieve her lost
wealth displayed by her sons in their vain
struggle for independence, the sceptrc of civic
power will be restored to her grasp, once
welded so creditably in the national councils.
Let the South cschcw the costly luxurics i'm
ported from abroad to crafty cxtravsgant
tastes and ostcntatiou. vanity, and she will
csc@pe to that extent taxation to pay gold in
tcrcsts on the national debt, and leave burthen
to that section which created it, and holds
large share of the bnnjs. II she will apply
some of her surplus to the erection of factor
les and convert the raw cotton into yarns and
fabrics, she will triple the annual value If her
cotton crops, and make her the richest section
Of the country. IIOYT & GARDNER.
4 rrrY. H. ~