The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1874-12-02
ask in manly aud rssoiu.e spirit, hs


ask in manly aud rssoiute spirit, hs
deserves encouragement. support and
the public Soommendation. He will
entitle himself to its lasting thanks. il
be perseveres in the course he has
marked out for himself, until hil
pledges aud promises are all redeemed
and Indicated reforms have become ad-
|mitted una acceptable facts. In this
wuik we are aware that ha must en-
lconLter many drawbacks, aud become
Involved in some complications. Per
Sons surround him who do no: share
the purposes be avowed yesterday, aud
to whom reforms y. abuses aud au Ell
ightenei and liberal policy wonld b,
political death and disgrace. He Gun
afford to disregard them while cheered
ny tho approval of good men of all
parties, in pursuing course which l.
Indispensable to the recovery Of til,
prosperity Of the State and the con
trntment of it's people. All eyes nov
turn co the majority in tue General
assembly, with hope to see it enter
upon t';e i,ath pointed cut by the Go
vernon.
! BUSINESS REVIVAL : The Fiiaancin
Chronicle encourages its Numerous
reuders with h"ppy augurics Of u bust
ness revival. It shows that currency
is leaving New York in large Guunti-
ties to move the crops West and south,
aud that this Of itself should Inspire
confidence aud brticr feeling. The
very Qnieli,ude Of business is looked
lnpon rs healthful sign and an earn
!rst Of returning cigor and enterprise.
, Tie severe cconouy ptacticed all over
the country has accumulated wealth
which will be- Literally spent when the
Iproper time shall have arrived. Oar
New York contemporary holds that it
as u maxim Of political science thnt no
iuation can long accumulate it's wealth
10y economies such as We are praotic-
,,ug without setting the wheels Z. n.
iustry in swifter motion. The Chyo.
lnicie concludes with these rose colorcd
views:
"One Of the numerous compansa-
,tious which the panio seems destined
to confer on this country is that il has
our people with the deter
animation to be eaving of their wealth,
rs well as energetic IN its production d
and distribution. For these and other
!rensons, we have uniformly regarded
as hopeful the prospects Of our com-
mcrce and finnucs since the pauic. If
any are disposed to lose confidence be.
cunse business does not revive more
swiftly, they will see reason, on reflec-
ton, to conclude that here, as in many
other great movements, it is best aud
safest to hasten slowly There is
ground for the expectation that before
long signs Of activity will spring up.
and we may regard the present move.
lment of currency to the West and
South rs n harbipger of better things
TO como"
1t is to be hoped these pleasant an
.ticipations muy be realized before
long; but the Augusta Consti.ulionuiiSi
apprehends that the disease is more
deeply seated than the Financial
Chronicts oonceives it to be. Capital
lists are anxionsly awaiting the action
of this Congress and the next, aud
while the country is kept in state oi
uncertainty, funds will be locked up
and trade paralyzsd. The man OF men
for this epoch is he who can suggest @
remedy for financial troubles which
will be just and generous alike to the
debtor aud creditor classes. What.
over may be done for the vitnlizing O!
Southern industry =;!l make trad.
brisk everywhere. If the South i:
allowed to stagger on US she has done
30 to the East and West! We Of the
South know what suffering is. L
the North is wise. she will perceive
that her own safety is in our pros
perity. Seeing this. lot every nerve
be strained to make the South ar
I l. len instead of desert.
-< - -
Taxpayers Committee.