Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1875-03-24
OUR SITUATION.
AUG TANCK, Secretary.

us for solution, is, what course will best
promote the common interests of all
our people? We do not lack the men,
the means, nor the natural and &C
CURED advantages for establishing here
a great and prosperous community, for
making Watertown most fourishing
and attractive city. The resources of
the country about US are no where sur
passed. Our railroad communications
are the admiration of all who see them.
The supply of capital here is equal to
the demands of business. We have the
men of culture, of genius, of intellec-
tual and moral worth, to lead in all
that will improve and adorn our social
life. And more than this, we have
the toilers, the men of we'll trained and
well skilled hands, and of brave and
willing hearts: ready to build up our
city and make it worthy Of its situation,
of its site and surroundings. We are
already beginning to have buildings
which please and crafty the pride of
eur people, structures browning sites of
unriValed beauty, and rising in proper
lions of such symmetry as to satisfy
the purest taste in architecture. Our
schools ard colleges are taking rank
aud acquiring standing such as to
command the respect Of the lovers of
learning at home and abroad.
Surely we, the possessors of so many
blessings and advantages, must be pros
porous and happy. Can it be that
community SO richly lowered with all
that is essential to its well-being does
not act upon or understand what makes
Its peace and welfare?
The great mistake, blunder and
wrong, of contracting our railroad debt,
has had the effect to bring to the sur
face and make potential for evil and
strife, the most bitter and dangerous
elements OF society. When the situa-
ton demanded prudence and the high
est order of intelligence to guide US
safely through the dangers which en-
vironed US, these rash. bitter, and
malignant men, have never failed to
unite to smite down every arm raised
for our defense. They have never
ceased to pursue with SANDER and re-
vikings the very men who have both
devised and secured all the safeguards
and projections, within which our peo-
pie have securely dwelt. But amidst
all this, the work of relief has gone
slowly, but steadily forward. It is
both gratifying and surprising fact,
that SO much has already been accom-
plished, Notwithstanding the enor-
NOUS difficulties encountered here.
Compromise of our debt is our only
open door of escape. The repudiators
have been the destroyers Of the public
credit, and public peace, have been the
persistent obstacle in the way of our
safety and prosperity. tits not beyond
the capacity Of our people to wisely
dispose of our debt. With their unit
ed and prudent action, this dark cloud
hanging over US, would ere long melt
away and be forgotten.
Hitherto business here has had
hardy and rugged growth, but it has
exhibited a remarkable vitality. The
foundation is laid for great and dura-
BILE prosperity, under favorable auspic-
es- Yet if business is to revive among
us this spring, after the long severe
winter, confidence must be restored be-
tween capital, business and labor.
These three must work in harmony,
mnst work together with mutual good
will. Of these capital or money is the
most independent. Being the repre-
sentative Of universal value, the whole
country is open for its profitable invest
ment. Its owners in quiet state of
society, prefer to have it safely In
vested under their own eyes, and used
by their neighbors, meeting the wants
qftbeir business and families, and the