The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-05-08
THE DAILY NEWS.
COLD FOB COTTON
NOW 10 MAKE TUE SOUTH INDEPENDENT.
rxe EHeet OF tho New Movement on
tho NortherfS anu southern states.
ro THE EDITOR OF TIE News.

tho N0rGu6KA u1Au
.se..,9sa TO THE EDITOR OF TIE News. :.
The Board OF Trade Of the City OF hoohe
:, has suggested the policy OF requiring eold il
payrnent for all cotton which shall De soo
iereafter in the South, and they have appoint.
ed a committee to correspond with the Other
Boards of Trade in the other Southern cities,
in. order to obtain that cooperation and unity
Of action which, for success, this policy may
:arehuire. Tie eaubject is worthy OF our graVes'
consideration.
Tho BOARD Of Trade Of Mobile has In this
atsn. m the humble opinion Of the writer, had
fhe honor Of laying before the people OF m .ne
;Sonth a proposition involving perhaps .ne
most momentous interest OF any quesaon pie,
sented to their consideration since the ls,TS .;,1
made OF secession. 1t is proDlen .nsS ;mtn
toueh every man'a household. ss SsrIeo neo,ia Of
effect. the quick intelligence OF the peopi1d do' o'
Mobile W1if have the applause OF nafins o;s Ge'
yeloped policy which may 90 % NOR sud ~ 1 The
ssate the fallen fortunes OF the Soutn, aeo % .ne
Semniary integrity Of the United states a0Y.
,bernmeus than anything suggss!eo sNo0 'Ae
reign Of Radical folly and perhdy. o..
r,;tIt i'd onestion 30 wide IN it's effects, and go
7,,s1S3yfnr IA its operations, thatlt is quite
imnossihie to attempt. in bref artcie, 70
9 foIIov its bearings upon every oranch OF uaae
and industry. It is necessary to contne the
,sonsideration of the. subject to few leading
nsaai; + !. not aSSsassd thas: sny well-insormed
.,msn in the United States believes that the debt
al the United States will ever be paid; whilst it
nav be admitted (simply NJ to make cues
hon) that wi, b the natural resources OF the uni
ted States it is within the range OF possiDlnty
that the pecuniary obligations OF the govern
Ky, @Tus w 70 eneDarn;coI administration OF
psI tiai ano aa,,,s 80 me- aJtoeether visionary,
ss. ~ ..a SELL ~ ant;c,nate any such result
1os w eSy az us'Iaar and ,rrespons1ble despotism
uIos. S1uGs LIZ nS,harn majority. The Northe IN
OF lawiess Nortnean .hs In,;sd States 90 MOI.
sloaix l ~, M ,;Iaaa w;sh tbese debts I'd be paid.
~ tne Is. pSse, a1,.tanea T of these debts. as a
6uo ~ .so,;.,esI ,,over ia an Essential ele-
soaIre ~. .s;n aort,nT,eS rnie. And the Govern
at ent " ~ % .he Hs;,ed States IN their hands III
.;nariv =, ,,n};,;csI and monev brokerage, con-
troiIaS by their powers-the national deb,,
~ 49, .x;oSaI hanks and tina manufacturing
Yee,jS. SHrSs Thsse: have set mn an sristocracy Of
ScpSholasrs hsnkers and manufacturers
~,c..s - tbS tinted States. Debts and paper
mona1 ns - are % essential to their aagitious rule;
. .ra n to-morrow every debt due by the United
Aha ourrepos OF the country, they would imme-
Ssisiv II tSev could. plunre the country back
;rtS ;nIsbisyness - and paDer money. A con-
s1i;d!,ad Central .povernfnent. with despotic
bOiismt0u, Ceuas SoL ~ ,oojor;fv-
poEers ls tne opJect Vi .no w, ~, aotard,ns tbe
1his can pest De oosAusea 80. - ths Tscn1;arv
powere q !ne Royetnnlen. ose1 si'e pNo'>-A--1
interests OF ene peops; ,II. o..... .,,,.,,
independent OF the aepto VI sa9 ota.oe mn.S.
Aeyintend 70 aeaume, the !eIrit9flA eApau,
don OF the United States u iotsIue9 W sno.u
ample resources for futute l99ep.eoness, ga
pe3dlture and patronage, py Wnlcn tne Sy.et99-
rent shall be strengthened and cenIal8e9,
and the power Of these people perpetuated.
Aetther the tolls nor the struggles, tne 1rsins
nor the muscles OF tho people OF tne ooleeI
States can ever restore 70 tnem an eoononaoal
or equitable government.
- From tins concinsion as ptemise, prooeea
% the subject matter unoer consloerationi anu
IN this condl ION OF Things, IL caanot 700 BraYe-
y be considered BY the people OF tne Soutnsrn
States, what part they are to act. They can,
not govern; bat they can influence reDut, and
destroy. At present they are hustled into the
tbottom OF the hopper to De ground out anu
made meet for Northern conhumptlon. AIter
al their devices OF destruction and deoase-
nent, our cotton and other preouee snn re-
man TO be made instrumental 20 tneiI weaitn'
and 70 the support OF tner "noie sosefh1Nlesnw'- rs ~
al pohcy. a., z..
supposlog tne cotton crop VI .nss 9Sai is " =.
tWom million n7e nnnareo tnousan9 Sa,eSwaS
ewentysiour Genus per p9u1uGanu ,,o Su. ..a
dred nnd hfiy pounos per Daie, IL WIZ nase pro1 s
duced IN loud numbers TWO 4unoseG anu
seventy milhons OF oohars III ou.seu ';as S:atoe
paper money. OF puttlnR. tna' moneS :. GSna sSn
tnree and one -tnro per cent. o5iom pa. ". suJ-
94y oSa oenne iss ssael ;ii,,n III, -, pdoIoS.