Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1871-03-24


industriousIy circulated and inouIcatod bv
tho " Bureau - lively trade ha3 aopris,;
ed III. ginger cakoa, cheap trumperv
. s'ciety badges, cheap candy, marbles
and Whiskey /; the political, religious and
moral o1tcasts OF cur Northern societv
have raGpcd rich harvcsts from the tamno.
rary prosperity OF the new made freedmen.
our professional philanthropists hava
cackled and crowed ns almost deaf witt
their self laudation5 aud g we-told-yop.
SOS ;" while those who looked below The
surface have waited and dreaded the con-
dition of affairs which is now at our
doors. Whether o. not to freed
men will accept the situation in the right
! spirit remains 30 be seen. BUTT il certain
that it will require more labor aud economy
to live under present prices, than under
those which hzvo prevailed sIncc the war.
And further, The economical producer o;
cotton Is too certain Of abundant rewarl
to allow us to suppose for "a moment thar
other labor will not bO lortLcom,uc
should tho negro not provo equal TO tie.
occasion. Let us hope that tho eyaInnia
| Of their former owners, in adapting their
conduct ID u severe and sudden change ~
crcEtnstnpces, will not be Wilton -, &c
feet and that the teachings Of the fey,
| arnt st missionarics among them ma7 IL.
| duce their minds TO proper appreciation
| of their duty.
To return to the subject in hand. Ills
not apparent to the writer how, even win
ia 900 600 bale crop this YEA, W. can
look tOr my marked Increase ia stIce.-
Stocks havo been, aud ars, aa.,amulatiup
in India. Crops in Egypt and South
America are reported as PrurHsiD8 well
he coIisum ptlun OF cur best Custo Ilcr- On
=, nth eaEal Europe - scriousl" crippled
f! Eu,opea poIiticiay openly admit ihcir
inability much lpsgfr 10 avoid war
over the Za,tepA Question. Aud that
some OF these <easous, or All ot them, cr
others, ar o,eEutnR l. the same djrfc-
ton Ga he minds q! otA,rs, l.
"a le uyps,ent b. the c0ur," ppr,uea hy
tue spin51r- OF England. They probably
| look d, closely alter II cir OWE iutrtrsts ;g
an, fLer class Of 7. uple n The world H.
! Ata a. II rule. they AcG IN crucuri NJ
1hoDnel of Information is CLOSED t. item.
100 means lett unemployed b. 4oguro IT
Among them We find Ca5iDa. ministers,
foreign Ambassadors, IL. % srs e Plrii-
ment, d., and perhaps D1 ,:'tr industry
in the world has greater PREPARATION Of
It's thinking members tr yrii y abroad. IN
one capacity and nact.l.l, @ 81 a3utfi1ut-
ing his quota to tho elnaa1I s.oc4 Of in
formation. Now if thtJ heiic.c in higher
prices we would see tACm iu!tiun abav
heavy stocks Of TaN nd n.4-Ut4a;urcd
goods for future uas. GA the contrary.
we find them working barely euOlsit SPIN
dies to supply their current trade Eees
ing their stock ofFsW and mauufaGturtd
goods down TO Il minimum. and allpwilta
the capital of the consigneo5 Of our cotton
in Liverpool and London to brar the bur
den of carrying i. IT 10 fair therefore 10
conclude that as a class they baioye in
the imme diste future.
Those who have been planting as a spec
ulation, with the requisite experience, aud
without dcvoting to the business tLat care
and eccdomy SO necessary to success, ex
cept ddIirg periods of inflated values,
viii have to m"nd their W ly8 cr bctahe
who themselves to other pursuits. These
make cotton planting the business OF their
lives will cldeavor, by economy OF re
sources. increased cxcrDions, lower rates
OF wnges. iudicinaa asa of mInures and
strict attention to their business, ID mako
up for low prices by increasing the amount
they will have for sale. And il does seem
toknae that such course will he ia the END
moro beneficial than q pursuance of
loose way of doing things, through expec-
tations, delusive, fear, of Il lcturn 10
high prices.
If, in writing about cos|on, / nave, in
this instance, avoided the usual concomit-
ants Of long COWS Of figure, il j., because
believe that mistakes are som times made
by those who WOW subject in lhn con
crete as vol rs by those who consider il
m tha ~, cfret1