The Hickman courier., 1871-03-18
NEUTRALITY-SUSPICIOUS.
G0nffal


the want of co operation among our peo-
pie towards the advancement of public
enterprises. We must learn to think and
act together. There IS plenty of capital,
spare capital, in this community, to put
in successful operation. all the now need
ed enterprises. But it must be coneen
trated, and put in shape SO that it can
be commanded. Every one knows there
are thousands of dollars now loaned in
this country by individuals at and 10
per cent, and yet thousands more on de
posit not paying the owners anything
If this money was invested in bank stock,
all know that it would be much safer,
and pay the owners much better. Ma
tional banks pay 6 per cent in gold to
start with, besides the benefit of go per
cent for circulation. In fact these banks
generally pay from IS to 20 per cent
Does this not pay the owners of money
better, and is it not safer, than the pres
cut system of loaning, depositing, or
shaving? II pays the owners ofmoney,
or stockholders, better, aud is safer, be-
iog freer from the damages of Iitigations,
delays, insolvencies, aud bankruptcy.
Besides it pays the commercial com
munity, or borrowers, better. The cot
ton buyer, wheat buyer. aud corn buyer.
can better afford to pay 2 per cent. for
one month. the season such articles are
moving, than or 10 per cent for twelve
months.
1t will pay business houses to take
money from their regular capital, and ia
vest in such stock, because when such
houses need money, the bank will be
able to advance them double the amount
if desired, aud when they don't need it,
some other branch of trade will be oper-
ating it, aud paying them per cent there
on. 1t makes the merchants capital
active at all times, and N all seasons.
Gentlemen who have business and
banking experience, sufficient to warrant
their opinion as correct, say that $780,,
600 can be kept active and made proita
bic in a banking house at this poiLt-
This 500, 600 &ould be equal for all
intents and purposes of trade, to $780,,
600, as now operated That the capital
is here there is no question: That it
will be safer and pay better per cent.
than now operated throughout the coun-
try, every sensible man can be made to
understand How then may it be com
manded. aud put into active operation? +?
Let some safe, discrete, responsible men,
make the effort, and the scattered capital
will come in. Self interest. to say moth
ing of public interest, will induce the
stock.
Hickman has unexceptionable good
business men in their respective depart
ments, but we need a few active, enter
prisiug, reliable leaders, to take hold Of
measures, put them in shape. and awaken
the community to its Own interest. We
mean leaders who will deal with facts,
representing things as they are, aud not
draw fancy and visionary pictures Our
people must learn that prosperity is
within their reach, but dependant upon
their own exertion. Foreign capital will
never make fortunes for US, but grind
fortunes out of US.
Enterprise is electric in its nature
impaired from one to another, until the
whole community become infused.
Croakers and drones, which infest every
eounmunity, must be shaued by the
confident air and tone which is the sure
harbinger and accompaniment of pros
perity. The people should rally around,
support, patronize, and encourage the
man of enterprise-the man who builds
up the community, gives employment to
the mechanic, price to the farmers pro
duce, and corresponding aid to all around
him and frown down those shylocks,
close fsted men, who can't or won't see
two inches beyond self, and who expect
to maintain miserable. contracted ex
istence, by hording their money and only
letting it out when they can cut the life
blood from their ueighbor. The farmer,
the mechanic, the poor men, are the ones
to make these men who live aud act al
together for self, feel the error of their
way, by refusing to give their patronage
and encouragement. If the public will
act together, to reward public spirit and
punish sel6shness, new impetus will be
given to everything.