The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-07-29
flor the dispatch.
Tho pecn,e W.. The Iuter.OeenD.

.hese columns, and we are Siau W zee lial
@ are not alone in combating the popular
-e)usion that by reducing our consumption
10 the minimum OF our requirements, ana
DENYING ourselves all luxuries which can DC
dispensed with. we are going to promote the
return of better times. The Chicago Inter-
Ocean takes the correct view OF the case 10
the article from which we make the lollo"-
ing pertinent quotation: .
Economy, economy" "Thats what
is going to bring Us out of the present trou-
BILE. That's what is going TO bring US 10
and put gold DOLLAR Ia
every mau'S pocket instead of deprecated
paper -one''-and q lot more of such twad-
die.
When newspapers undertake to correct
Sc pouuar deusions they ought to at least
understand the nature and extent OF that So
called "delu,on." Now, l will moi allow
any of my fellow-citizens to go beyond me
in their admiration Of the Iron Age and the
Inter- Ocean. | feel deeply that the braln
DO wer developed By putting manufacturers OF
railroad supplies aud theorjZlpg on the
Beecher case justly give these great papers
the right to revise Adam Smith and use terms
Of reuroof when speaking of ''us people.
But they ought to do Us justice ii we are
humble, aud ignorant, and incapable gene
rally.
Ine Inter. Ocean says that the only way
for family to save is TO consume less OF
something. If the saving is in tobacco ana
carriages the loss would fall on the livery
stable men, the carriage manufacturer ana
his army Of workmsn, thereby enta;llng uni
ycrsal loss. ruin, aud calamity generally.
Now. does the Inter ocean suppose we
don't know that? Are we not perfectly
we'll aware that the more we smoke cigars
and chew tobacco the sooner the noole ola
State will pay her bonds in full and inaueu-
rate new era of peace and prosperity be-
yond the dreams of the widest Inter- ocean
man
Do wc not perfectly understand that the
more carriages and fast horses we keep the
more We put in motion the wheels OF trade,
giving bread to the hungry, clothes to the
naked. and Il market for the patent aXEcS and
carrliwc.bolts advertised in the Iron age?
WHY, Mr.. Editor, we cannot takc chcw
of tohacco without paying something Of the
national debt. How unWiSc, then, it would
be for us 10 cconomse. How pleasant 1t Is
10 reflect as we expand our expenditures
that We are enabling others 10 expand their
expenditures; that this again enables Il, TO
expand our expenditures still further; that
tbl, again 80 stimulates the course of trade
ard cDnicrs such benefits on our lelIow.1ncn
that tucy can at once expand their eXpcndl-
lures still further, and So 1t goes on until, by
the simple process of spending al! the money
We can, we create such an active demand Tor
articles in hand, and raise their value 10 such
pitch through the excessive consumption,
that We can get any amount Of money for
anythng, aud I'VE happily and contentedly
all the rest OF our days.
insist that we know all these things as
well, or better than the Iron Ige or the
Inter Ocean,; still, we are accused OF talking
twadIle because we wish to economist.
Way do we wish to econoni>e1 Be.
cause, brilliant as is the future held ont By
the scheme of the Iron .ige and the Inter-
ocean, Il more brilliant future still attends
on economy. Let the Iron Age and the
Inter- Ocean listen and learn.
When we begin our era Of economy
when we cut OF our tobacco, and carriages,
and champagne, and 81 irt-sluds, and Masonss
backing, ana Wright'S pills, and silks, &C.,
&C., &c.,-then, as the Inter Ocean has
pointed out, armies OF men will be thrown
out of employment. But the Inter. OCEAN
also SAYS that trade vii! be utterly ruined.
Not bit of it, Mr. Editor. What, let M
ask, does man do when thrown out Of eD-
ploymenl: lie goes d.fshiag. Mark The
words. Mr.. Printer; they cannot be made
too emphatic to force Il modcum of sense
into the added heads of the Iron AJe and
Inter. ocean. He goes H.Fshs"g. what l,
the ordinary equipment oil fisherman! A
rod from Nortn Carolina, line from MaS>a-
fall ~, h,n
Splvauia, newspaper from Chicago, bot
tie of whiskey from kentucky, and half a
pint of domestic ti'hing-Wornls. Ibis
doesn't l0oh like prostitution OF trade
not much. Suppose our era Of econ
omy throws out OF employment only
80 900 900 Of peopc-thi> is Il moderate
estimate out Of our whole population,
Is the Inter. ocean will admit. Consider
the activity that VIII at once spring up in the
mills of Massachusetts, to supply such an
enormous amount Of tiShing-llne. Think OF
the active demand made upon the farmers
10 supply breadstufs to the factory hands.
Look al the multitude Of ships bringing the
crude sea.grasS 10 our shores. and The scream
ing locomotives distributing The lines TO the
various trade-cchtrts. Look al the busting
business man and his dapper clerks rushing
clear profit OF twenty, thirty, Or even, in
some cases, forty per cent.
In the matter OF ii:h-hOoks, however, the
Iron AJe will find its chiefest consolation.
Let II, look at the gross amount. An ordi
nary fisherman will buy about an ounce Of
ish-hooks every day, or say twenty-five
pnunds per year, giving rs a total c0nSump.
ton Of GG0,00o,000 pounds Of fsh.hookS per
gear. Stagnallon OF trade! lllookS Tx ii.
in the matter OF poles alone, II only Que a
month were used by each fisherman, over
800. 900 miles would be about their total
length, and if laid end to end they would
reach nearly thirty times around the earth.
This isn't a rery bad lookout for North
Carolina.
1t is in the matter of whiSkey, however,
in which We hope TO realize the greatest
triumph. \ piut per day is very moderate
allowance for fisherman. This will give per
day 3,750,000 gallons. Supposiog more to be
used on Sandy, which is very doubtful,
the Government tax on this at fifty cents
would be S562.500,0 900 per year. How is
this for spsce-pay ments!
Lastly, we consider the ne wspapers. There
will be large numbers of the Inter. Ocean
sold, because the fishermen will naturally
wish to study political economy while wait
iug for bite. AS soon as the editor sells a
paper he will go down to the corper
and take gin cocktail. This, of course,
is good for the man who lives on
the corner, and also for the man who
makes the btIerS, for the planter who raises
the sugar, for the glass-bloTer, for the
nickel platter, for the transportation comta-
MES, for the importer, for the people in II d.
land, and helps to pay the national debt. TIE
transaction is not, however lin our opnion),
Of national importance, and we only mention
it to show that we are quite capable of uu-
rayelIing intricate combinations aud inter
combinations whirh the Llter. Icenn and