The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1874-12-25
Tha Fntnra of the South.

In his admirable lecture recently de-
! livered in Boston, General Banks justly
Inscribed the troubles that have come
upon the country to the political treat
sment of the south by the party 10 power.
! 1t was shown to be true, not by the
/ clap trap expressions of the politicians,
4 but by sound logical reasoning from
cause to effect by the political econo>
mist. 1t was impossible, he argued, that
: lone portion of the coantry should be in
sanarchy and one-half of the population
I of the Union suffering invasion of their
Esocial and political rights, without af.
fecting almost with equal hardship the
other part. The nOrthern people failed
s to appreciate these facts and Aaquieseed
{ in the prosecutions that were heaped
upon the south. Not until their purses
sgrew meagre, and the industrial and f.
nancial collapse penetrated to their own
ssectiOn, did they begin to realize the
fact The statistics show, says the
8 Louisville CONFECTIONERY to whom we
fare indebted for the figures, that, under
sthe rule of the carpet~baggers, the rate of
8 taxation in the south was increased from
Thirty cents to one dollar and sirtv cents
Aon every hundred dollars worth Of props
Serty. The value Of chattel and real prom
serty was reduced from So 10000, 900 to
$40 600, 600; the area of improved land
was reduced from 38,000O00 acres to
8 900, 600, and their values from 81 200.
100000 to S545, 100000, and the state
sidebt in many instances increased ten
afold,
When it is remembered that previous
to the war the State of Georgia alone
paid more taxes to the government than
gany four of the New England states
acombined, it is not difficult to see thai
tany policy which tended 10 dry IN such
a rich fountain and render it a desOla,
Sstion Is not wise. Yet such has been
8the operation of the reconstruction
4measures of the federal government. rot
sfonlY in Georgia but in every other south,
@ern state When the prosperity of the
: taxpaying south is DESTROYED, the burden
must fall with more weight upOn the
lnGrtb, 1t is the chief exporting com
munity in the United States, and those
Z who export the most always consume the
most imports The cotton, sugar and to-
baccO of the south constitute the mos
5 important features of our export trade.
To reduce the south so that sh, car
snelther raise her commercial staples OF
purchase the manufactured articles OIL
New England, is simply TO stihe and
diminish the resources of the north. The
1.-TWO sections are as intimately connected
las the members of the human family
Eand whatever affects the one has cor
responding effect upon the other.
That these conclusions are correct j!
sshown IN the condition Of New England
manufactures at this moment TheJ
Hare vrork,nr only half their uEual force
aud had the past policy Of the north to-
wards the south continued much longer
that reduced force would still be too
large for the demand for goods There
: is an old adage about cutting of ones
nose to spite the face, and that Is wha
the north has been doing ali these years
There Is no truer principle in the poll
tics OF the country than that which de-
mands justice to the south to secur;
srrosperi.v for the north ST Loui!
T--e-