The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-03-30
Remuneration.

nrriod of imitation and eztrassgana an'''
then a period Of financial dessassstoh. u NO..
disaster. The seeena war with Great brla aa
was succeeded by terra of unpreceaeh,h, os
extravaganza and speculation: Inc p'o vi
If the dav however, soon exploded anu
tho, fo,,owed time Of disaster anu ".
snoudency which exceeded all p .aa hocr
For+,,nes were lost, and men VINO nau w., -,
" were ruined. Land housht at
anoa,,,a,Iyc nrccs was sold after one OF lh'l'
sl"o"A '., Nv tho purchaser, not yieio-
VA! III, onouph to pay the REMAINDER
and The purchaser was iei1 a h'p, ,a
harsunt. The war ended III leia = he
'"s;ol If sncc,,lation followed and the co'in'
~, lind barely recovered its composure anu
~ hone BY 1926, and then did so un1er tne
,x,wcrfu impulse of growing wealth from
the production Of cotton N 'he Gun '.''e''
with the auxilisrv aid of the improved ma
chinery FOR lis manufacture.
Inst after our recent war there was uay
If great excitement. Land sold well, rents
were enormous, and everybody looked ahead
with expectations that were doomed to dis
apnointment. The day Of dependency
ca<re and men relapscd into apathy who had
looked ahead with unlimited confidence IN
the future. ......... ..s..--...
One generation viii not profit by the eS-
pcricnce Of another. We were merely re-
peatlng history without being aware OF it.
But as we should now know that we were
repeating history, should We not go back to
history aud gather hope and confidence from
what history teaches? Notwithstanding the
general prostration that succeeded the period
of imitation, the day of confidence and recu-
peration came, and the country rose up fresh
and bright and grew and prospered as coun-
try never before did. May we not, In this,
repeat history as well as in any other re-
spect9 .......-.s 49,
Say that cotton came to help in the recupe-
ration of the third decade Of this century,
may we not balance that by railroads and the
other powerful agencies not then known and
not then exerting their power upon the ply
steal development of the country? The rail-
road, In its power of rapid commerce and
distribution, is doing more than cotton could
and stimulating more than cotton did the re-
covery of the people from their prostration.
In the South this great agent and the power
ful auxiliary. of manufactures and the de-
vclopment of mineral wealth are strength
ening the resources and restoring the indie
n ho will,
and rapidity than was possible at that DAY.
We must see and know this. These agen-
cies are unquestionnble. What is lacking,
| then, to ensure the immediate recovery from
TIE depression which has weighed us down.
| and which occasions still the muumurs
which are heard in the land? 1t is self.
| confidence, and confidence In one another.
There is great deal Of mystery in this
world Our daily life Is a mystery which it
is impossible for us to comprehend, and
Providence has injected an clement into
our daily commerce which is mystery
and which teaches us constantly the iusigni-
ficance of our own works. That element is
conHdencc-mutual trust and mutual re-
liance--one Of the grandest features alike Of
civilization and Christianity. Destroy that
clement in the community for Il week, and
| the land will be filled with failures and dis
tress. Man with all his might, and wisdom,
and wealth, would be powerless to save the
land from calamity.
As the loss of confidence Is the sure way
to calamity, its thorough establishment in
the hearts Of community is the certain way
to success and prosperity. So if the people
now take courage, and, relying upon one an
other and themselves, and with an abiding
faith in the Incompatible resources of their
country, put their hands to the work they
have before them with proper energy, every
thing will come right. Prosperity and con-
tentmcnt will assurcdly follow, and the
country will prosper as it never did, and
grow steadily in power. .......
What all nieh should now do is to look
to the future. They have bewaied the
pastalong enough. 1t is time they should
turn their backs upon the grave and take care
Of the living and the future. With the i'm
proved means for The development of wealth,
with the increased commerce Of the world
and the multiplied sources of prosperity,
nothing is wanting but energy, courage, and
hope, to rebuild the fortunes of the State
and make old Virginia more powerful and
prosperous than ever. The past is irredeem-
able. The future Is ours Let lis make 1t
great and happy. ..... ... .F#