Herald and tribune. [volume] (Jonesborough, Tenn.) 1869-current, 1869-10-07
For the Herald and Tribune.l
Our National Finances.

For the Herald and Tribune.
Our National Finances.
NeSsrs. Editors: Our people may be very
properly divided into TWO classes; tho
who have labor to sell and money to buy
and those who have money to sell and Ia
Dor to buy. As to numbers, the first elias
stands about thirty to one Of the secoll
class. Some writer's place the ratio higl&
than this while others put it lowerJ |E
this may be we do not know. norS
terial. This ration will suit our
During the war, the govcrnmeI
close alliance with the first ella
the early suppression of the rebE
restoration of the Union. Sind
of the war ths alliance with III
men of the country has been
and in lieu thereof, an allianq
formed with the second class
have money to sell, and Wild
in time ofscarcity ofmona<
of interest, which alwaXA
suits from scarcity of md
1t is obvious that to adj
Of the first class. a finant ~
be followed which wouI&
and money cheap; Will
ViOus that the second e.
prosperous under the I'd
that would make nGszz
cheap.
The way to advance I'd
first class, and have labot
cheap, is to keep on the -
quantity of none to a TTZ
the country, so that he V<
buy labor or labor's prod \
the money to buy with. VIII
of things exists all the advant
petition-which always tendl
price-is with labor and labG pN
The way to advance the inttts
second class. and have none de-
labor cheap. Is to reduce theVoi1
currency money. as that thre
be a sufficient quantitLin the harkV
the business of the country. WhelE
the case, competition with all itza
gcs. is with the mar who has md@3l
sell. and operates against the 4a d
has Iaborto sell. The one policy fofA
makes the workingmau a slave, whiW he
other makes him a freeman. nIustrakons
Of this come under the observation Il all
men who 90 to market with the products
of their labor. Ifthe farmer goes TGmar-
ket with his wheat. oats. or corn. audfinds
two or more mcn-with the money! t. pay
him-offcriug to buy. competition is then
in his favor. and he has a choice, AID can
sell to the one Who viii give the highest
-. D. - 4. $500. +.--.N . -
market, each with hi, produce, and find
only one man-with the money to pay
offering to buy then they have no choice.
but must sell TO the one buyer. and at -ucl
price a. he may fN. When | 90 to market
with my produce. and the question Is a,kcd
me. will You sell: lam then a freeman:
but when have to ask the question. viii
you buy: lam then q slave. When L.bor.
or labor's products do no find brvcrs
readily, it i not because the dcmanI. or
need of these is wanting. but it i because
the money cannot be had to buyIRaASE
~ a general thing. pLaassza zz.z
double what they do if "
to pay. Then it fold :,
could always be had in -.
all TIM productions of laIoS
ready market. Justice denny
eminent should adopt and folio
policy as w%ouldtcud to bring thcygTcates
good to the greatest number ofT1GT citi
zens. The many should never be opprcss.
ed to benefit and enrich the few; yet
winnie tins Is So ana al the same tIme S'
reasonable our financial men have adopt
Ell ana followed policy since the close o.
the war, directly the reverse of this. The
common people have been abandoned
iiieir claims TO consideration denied anu
theIr rights trampIrd on. Ihe monleo
autocra'~ nave become the SPECIAL wards
% .I' government an" 'h' recipients %
anus i''"!9' III" ever! N''p '"N'" ~ our
Il'ahce ministers nave only tended t'
lin --'ooI 'I'LP an" money u''I'
"V'''' 'ii' i''s va" We 'I" our 0''''
80 ~ ~ Pc"
Pi' "'i'' III " '"''N"I'' H'c 10 i'S"Ia''
JHtlf own money Matters COilInJnItie
.couJd create far bau,sal,-as r,oliurn a
cxcbo,oa bvp,cons of nopr no+os Sin.,
1851 tho bir,b no,ror Of tho oovorrman,
bo. ir+.rrcn.d or,. S+,+o 10.
-; aI,,1+ -
+ aN,,n,1 p,,tfu m
VII. - -:
chat .ta ac -
Soto R,,I- rotas Nv ro.-
hnirr 1T. roc,;,-od 49, .1r
tbc Hrovisiop. oftbo low. crca+
:. sucb .. to +,Io f.onI
al nou-o. to co,+roI thai.
M@*&X|*#X
Tho - Which naror hafIg
civilized country Nv
- I'll