The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1874-12-02
ask in manly and rssoiute spirit. he

ask in manly and resoiute spirit, he
deserves encouragement, support and
the public commendation. Ha will
entitlo himself to its lasting thanks, il
be perseveres in the course he has
aarked out for himself, until hi.
pledges aud promises are all redeemed
aud indicated reforms huve become ad-
misted unI acceptable facts. In this
wuik we arc aware that he must eu-
counter many drawbacks. ard become
iinYulved III sumo complications. Per
sons surround him who do no: share
the purposes 90 avowed yesterday, auu
To whom reiui'tns a: abuses aud au Ell
nattcrei and liberal policy woall l.,
pnli,ictl death and disglucG. He can
anord To disregard them while chetrc,!
,.y The approval ot Sord men ot ali
partltH, IL pursuing course Which l.
Indispensable to the rccnv"ry If III,
prosperity oi the State and the con
,trntm.nt Of its people. All eyes nov
rnrE i" tic majority III the Gi,:peral
Assembly, with hope to sec il entcr
up"n the path pointed Gu, by the Go
vciIor.
BUSINESS HLvlvAI. = The fin1acn,
Chronicle encourages its nnmcron,
readers with hnppy augn:i,, OF a busi,
ness revival. I; shows tLut currency
is leaving Nrw Iu,k III large Guunli-
ties to tnove ti:c crops West and south,
aud that this Of itself should luHnlr..
,ccnideace and IL better feeling Til,
very Quir,i!uGc Of business IS locked
upon rs u healthlul hiau and ua earn.
,rst of returning cigcr and enterprise.
Tie severe &C ,nuu,y p,ic;icrd all over
the country has accumulated wealth
winch will be Literally spent when the
proper time shall have arrived. Oar
New York contemporary holds that it
Is u maxim Of political science that no
iuation can long accumulate its wealth
10y economies such as NO are practic-
ing without setting the wheels Of in.
,dustry in swifter motion. The Giro
lnicie concludes with these rose co,orcd
views:
''Ono OF the numerous conpans;l-
,tious which the pauio seems destined
tn cOnfrr on this country Is that il mas
inspired our people with the deter
animation to be eaving Of their wealth.
Ii well aB energetic IN its production
anu distribution. For these and other
!rrasons, we have uniformly regarded
~ hopeful the prospects Of our com
ncrce und inauca since the panic. If
any are disposed To lose ouidcnce be.
Cause business does not revive more
swiftly, they will see reason, on red.c-
ton, to conclude that here, as in many
other great movements, it is best aud
safest to 'busten slowly There is
3ronnd for the expectation that before
long signs of activity will spring up.
and we may regard the present move
ment Of currency to tho West and
south as harbingcr OF better things
to come"
1t is to be hoped these pleaaant an
.ticipalions may be realized before
long; but the Augusta C0aSii.utionu!iSl
apprehends that the disease is more
deeply seated than the F'iauncia
Chr0ni:,s conccives it to be. Capital
lists arc anxionsly awaiting the action
of this Congress and the next, and
while the country is kept in IL state ol
uncertainty. funds will be locked mp
and trade paralyzed. Tho man OF men
FOR this epoch is he who can suggest q
remedy Cor financial troubles which
will he jnst and generous alike to th,
debtor and crelitcr classes. What.
over may be done for the vitalizing oi
Southern industry will make trade
brisk everywhere. II the South i:
allowed to s.aggcr on as she has done
wo to the East and West. We Of the
South know what suffering is. L
tho North is wise. she will perceive
that her OWE safety is in our pros
perity. Seeing this. lr. every nerve
ba strained to make the South az
l. len instead of desert.
%
Taxpayers Committee.
COLUMBIA, December l. 1871