The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1869-08-25


daughters of the present population.
Be patient---wait for the natural in
crease, and what may voluntarily
come. Do not spend your money to
hasten an over.populated country. 1t
will como soon enough, and when it
does come, you will have no outlet.
Some are willing to out their lands up
into small lots, and give every alter
nate lot to immigrants, thinking it
will more than double the price Of
the balance. What do you care what
your lands are worth, if you have
none to sell--besides, it would reduce
the price Of cotton moro than one
half, and the land you have left would
not pay per acre one half Of the divi-
dends they do now-reducing your
profits three-fourths. You have
plenty of native poor people to sell
land to, if you wish to part with any.
Do those whe have no land, wish
competitors in labor, and in the land
misunderstanding your wages one
half or more? Do you wish a great
increase of money capital, reducing
the rate of interest to the standard of
Europe, causing all property to rise,
in proportion 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 q high rate Of interest.
You have nothing but your labor
you canot borrow money, even if it
gets down to 2 per cent. The value
Of your labor being fixed by the val
ue of cotton in Liverpool; where in
terest is low, you can, by residing
where it is high, acquire proportion
ally, much more land in o 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 your lands bring in aunu-
ally moro money than if all was plant
ed-the other half is worth 5 per cent
TO grow broom sedge for grazing, and
will advance moro than five per cent
annually. For the safety of the
manufacturing interest, especially in
cotton, it is not prudent to push it too
fast-no 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 hcre will
possess the money and energy and
skill to put the water to work and to
effect this most speedily, we want "a
scarcity of labor, that there may be
a scarcity of cotton, and correspond
ingly good prices. .axg ia
With cotton at 20 to 25 cts. per h.,
we can in Georgia appropriate ten
dollars towards increasing our manu-
featuring interest with more ease than
one dollar, with double tho labor,
and cotton s to l2 cents. Where are
the laborers best fed and clothed
where labor is scarce. Where does
land pay the best profits where labor
is scarce |; and the reason is, the pro.
ducts of the farm bring the best prio-
90, under these circumstances, Il, a.
am equally opposed to begging for
moneyetoI be brought to the South, 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. half of it,
! you will own but the other half. It
is very diffcult to transfer real pro.
perty from one country to another.
The most you would get, would be the
means to live, and dress ane for o few
years.
. What we want is a syatem Of say.
ing, and properly inyesting, each year.
We could and ought to save annually
fifteen million of dollars, to be in-
vested in machinery, That would
pay future dividends,t to be re-inyest-
ed.'i l am for more labor, but T want
such as we may never regret acquir-
Ing. Accumulate all sorts of labor-
saving machines ;improye your land to
q capacity double, it's present rates I;
improve your systems fully double Of
what they now are. Learn to do ful.
|lyffty per cent more work, with the
same labor that 10 now done, and with
more ease learn to apply your labor
to greater advantage than is now done
lido all this, ard more TOO which can
be done, and you will fnd your pf0a
ducts ample, without any increase Of
population. ain for non-aotiop By
Georgia-non-aotion 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
torntup. raiIrosds, and building new
roads. If all the negroes hsd gone 70
work on the farm, and done full work,
lie would have taken twenty years TO
reach our present fsisaation. . The
scarcity of. labor issthe only blessing
i we now enjoy as result Of the waEr,
4 The scarcity Of labor in the South,
III Al xurF ~. 1<s5sa 1Trxs