The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1873-10-01

tholr agrahdlzcmoni, buG II mlsfor-
tuno attend them, hey plunge into
one extravagant scheme after anoth-
or, until distress arises aud conf
dencc is lost, aud ticn with tho bold
est audaciiy, they sttompt to console
tho victims Of their villainy, by
tho soothing sob:iquet. "Tis the
misfortuncs Of trado.'
Teltgrophio dispatches announce
tho suspension Of Jay Cooke Il Co.,,
and honvy loses Ct Jay Gould Il Go.
both prominent houses, to DO follow.
cd as quick as tho lightning flash can
communicate it Of some twenty or
thirty other "Jay HawkcrS" Of minor
Importance all of whom have "gono
by tho board" but what of it 7 Who
cares z Ask the toiliug planter, whose
produce is materially affected by it;
dSk cohlmon scnsc is it not u CORES
ponding loss OH tho agricultural in
tercst Of the South Has it not
deraDgod tho finances of almost tho
whole Union 7 Does not the loss of
enc cent. per pound on cotton create
vacuum of twenty million Of dollars
And what of Rice, wheat and Tobacco?
Had tho amount Of money lost by
gambling in stock been put in circu.
lation for tho moving of the crops
towards tho several marts of trade,
it would have bonefittcd tho South
very materially and certainly been
Of equal advantage to tic Northern
Capitalist. For several years past,
VIC of the South, havo occupied tho
servile position OF sshcwers Of wood
and drawers of water" and thero will
DO no chango>for tho better, until we
wipo out our Indebtedness from the
ledgors of Yankee merchants. 1t is
this misfortune which controls the
crops of tho South. Wipe it out as
speedily as possible, and oonsign your
produce to honest men hear home. If
tho vioissitudes and change of tho
timos should reduce the price, you
will at least have tho consolation Of
knowing that you will get honest re.
turns and a fair margin on your con-
signments, which you cannot rely
upon with any degree of certainty if
entrusted to the caprice and craft.
ness Of a New York spcoulator. Tncre
is not one in thousand Of these Wall
street blacI: legs who would not sacri-
fec the last dollar Of u Southern m all,
sooner than hazard dime for his
benefit without compensation for
"On Mammon's altar, conscience, friends,
integrity and trutl.,
Yea even peace AMI comfort ; further
more,
The sweet and tender nympathics Of life
Still, to complete and signalizo their folly
They'd offer up their very souls'; Yes! OH
eternity OF blss;
TO gain an hour Of success and Joy,
Tho' OFT it ends in bitterness aud Woe"
This is no picture Of the imagina
tion the rashncss and folly of specu.
lation is too well known. Its in
crcaaing tendency in tho North their
iIordihato desire to accumulate for
tunes by hazardii.y their money and
their reputation, in the rise and fall
of st onk and gold. nro too plain 20 DO
mistskon and, who can doubt that
when tho spirit of excitement is
abroad, that the noblcr and refined
principles Of every mans nature ia
not more or less perverted and if
the crafty and reckless succeed, the
honest man must be sacrificed by the
coTruptions incident to this spirit Of
speculation.
RICARDO.
Virginia Politics -Oolcrcd Republicans
Dissatisfied.
Things arc not altogether lovely for
the Radicals in tho Old Dominion.-
The Conservatives havo line organi-
zation, and gallant standard bearers,
and 1t will require every Radical vote
in the State, and tho Who'll influence
Of thu Federal Administration a from
tho President to the country post
masters to mako any show whatever.-
And ntw it appears that serious dis
satisfaction exists among large body
Of Radical voters, tho colorcd cle.
mcnt. The colore | people have an
undoubted majority in two Congress
sional Districts, and hold the balance
of power in the third. 1t was thoro-
fore understood that at least one COL
ored man would be nominated on the
Radical ticket. The colorcd voters
we're modest in their demands, and
claimed tho Secretary Of State. But
when the convention assembled, Il
colo:cd man, Seaton, was chokcd of
Erom speaking, and 4 full whitc ticket
was put in the field. The colorcd
people wcro worry much incenscd at
this action. Some have even ox-
pressed determination of coalescing
with the Conservatives, believing
shcir candidates to bo tho best men.
Whcthcr they will carry their threat