The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-19
WONDERFUL IGNORANCE.

The Chicago Tribune has the impudence to
say that return of the Democratic party to
power would have tendency to drive capl-
tai away from the South, and to prevent our
economical recuperation. 1t says very truly
that the influx OF capital into country ana
the development of its resources depend very
largely-primarily- the security OF LIE and
property in that country that capltai Will
not go to q country where 1t IS naDie at any
time to be destroyed that wealth Will not be
produced, and cannot be produced: where there
81 no pnarantee that those who produce
1t shall enioy it: that good government alone
can prevent the destruction OF capital, or
afford anv guarantee that those to whose ex-
ertions and self-denial the production OF
wealth is due shall reap the reward OF their
savings and sacrifices that the first and most
important office of government is to AFFORD
security to person AID property, and that
where such security does not exist, every
thing is uncertain. Take away security to
property, and he who sows knows not whether
he shall reap, and the spur to all exertion Is
in consequence removed. lake away secullty,
and the weak are at the mercy OF the strong
capital is at the mercy Of the mob and the
energy which should be utilized in the pro-
duction of wealth is wasted in futile attemps
to save it from destruction.
Applying the principles here laid down to
the case Of the South, the Tribune discovers
that il is for our interest and for the interest
of the whole country that the Republican
party should be continued in power.
Was there ever such a misplaced applica.
ton of truth? The whole world ought to
know by this time that the Southern
States have been ruled by the Republican
party since 1868, and that in the six years Of
their power that party have driven away
capital and involved our finances in utter
ruin. What capitalist has come tc
Alabama? Pretenders and thieves have built
railroads, but it was by stealing the
good name of States which they found solv-
emit in 1868, and then by selling their fraudu.
lent bonds to the innocent people Of the
North and Of Europe. These villains have
robbed the cradle and the grave: have piled
debts upon us mountain high, and have DE-
stroyed what were once the most honest com
tered capital from seeking States governed
by the rogues fresh from the slums of New
York, and by the negroes fresh from the cot.
ton fields, but they trowned upon and drove
away immigration. They wanted more ne
groes and fewer whites. What do we see
nov, since the Sd day of November
Brighter faces upon the streets, earnest labor
in the fields, intelligent legislation looking
toward restoration of State and municlpa
cradit. We see capitalists Of Europe examln
ing the iron deposits at Birmingham, larger
German immigration into Texas, English Ia
borers visiting Mobile, Northwestern agricul
turalists moving down the line of the Mobile
and Ohio Railroad. These are the first re
suits Of the Democratic victory. Why should
not greater results follow? Our white people
who own the lands and the houses want pur
chasers and tenants. Why should we driv'
capital and immigration away? The editor
the Tribune is not an idiot. We assume tina
he is bigot who has been blinded by devo
ton to party.-Mobue Register.