The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1870-05-04
Where is the Money !?


The great scarcity of money and the
consequent dullness intgade induces the
question, the answer fag which Is most
plain and cvideat. ltas gene out Of
,bc country for bacon and corn, and vii
continue to 60 as sast, or stow, rather, as
made, under the present yssem ef& ORR.
ing and crops; forthesfact is l'alpaae
that nearly all the meat and corn con-
sumcd has to DC bought, and that with
the proceeds Of the cotton crop. Last
Yeas experience, the consequences OF
which are being felt just now in their full
force, IS enough surely to convince the
planters that their present course must
only involve them in still greater embar-
rasSulents. Nine tenths Of the farming
class are now in the tightcSt possible
condition, and are making or trying to
make, a crop under disadvantages. To
carry on their farms they must give liens
for every bushcl Of corn, pound Of hay or
bacon usel by them. Last year the
case was'thc same, and the seasonSprov-
ing appropriations, the yield Of cotton,
their only salvation, the calculation upon
which every hope was centered, fell Tar
short of anticipation, and eftthcm lioun-
dcring in difficulties. The most success.
ful, we'll TO do farmers, heretofore, arc
now in this unfortunate dilemma, and
should the seasons again be. unfavoraJle,
sad will be their fate. VIC sincerely
trust aud desire that th' ir hopes may be
rcs!fzesly thasgreat yields may be pro-
tucrd, and that they be enabled TO over
come their trouhls But We fear the
reverse. Every mule or horse will cat
oac. certaiuly, and perhaps two:bags Of
cotton before it is ready for market, aid
in like manner will the hands employed
eat:up another great part Of what is to
be made. y large crop mnSt he realized
to meet the present needs as well as to
cover TIM expenses OF last year, without
the mention Of profit. A failure in this,
and the consequences Of coarse are made
much, worse It is too late now, trowey-
CT, to propose remedy or hope to avert
the evil.by any material change in pol
icy SO injurious. Planting 'timc is all
but over, and acres arc put down in cot.
ton which might have been better dis
posed Of, and we can only look, wait and
hope for the result, while we point out
where the money goes:
The Columbus (Ga.) Inquirer, very
Justly remarks in this connection
1t is the. general impression at the
North that the cotton planters of the
South now haze more money than. any
other large class Of people in any section
of ,he Union. The shipment of thirteen
car loads Of meat. at one time, to single
Southern provision merchant, ought to
be sufficient to dispel such in illusion.
Millions Of dollars are yearly sent from
the South to The Northwest for tie corn
and hay that our mules cat in making
the cotton crop. Oar planters handle a
good deal of money, or wonld handle
more out for the fact that many Of them
pledge their cotton in advance fts
picking to merchants who furnish them.
with supplies. But when: It eofnes to-
actual profits derived from the cott2sas
crop, which are distributed among
several sections Of. the Union, it is hard
% tell WITCH gets thc:largsr share. We
ire inclined to the opinion that it is not
he South.