The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1875-01-06
Wonderful ignorance.

The Chicago Tribune has the impudence
to say that a return of the Democratic
party to power would have tendency to
drive capital away from the South, and ia
prevent our economical recuperation. It
says very truly that the influx Of capital
into country and the Development of its
resources depend very largely-primarily
on the security of life and property in
that country; that capital will not 90 to a
country where it is liable at any time to
be destroyed; that wealth will not be pro-
duced, and cannot be produced, where
there is no guarantee that those who pro-
duce it shall enjoy it; that good govern.
ment alone can prevent the destruction of
capital, or afford any guarantee that those
to whose exertions and self-denial the pro.
duction of wealth is due shall reap the
reward of their savings and sacrifices; that
the first and most important Office of gov
eminent is to afford security to person and
property, and that where such security
does not exist, everything is uncertain
take away security to property, and he
who sows knows not whether he shall
reap, and the spur to all exertion is in con-
sequence removed. Take away security,
and the weak are at the mercy of the
strong; capital is at the mercy of the mob;
and the energy which should be utilized
in the production of wealth is wasted in
futile attempts to saveit from destruction,
Applying the principles here laid down
to the case of the South, the Tribune dis.
covers that it is for the interest of the
whole country that the Republican party
should be continued in power.
Was there ever such a misplaced appli-
cation of truth? The whole world ought to
know by this time that the Southern
States have been ruled by the Republican
party since 1868, and that in the six wears
of their power that party have driven
away capital and involved our finances in
utter ruin. What capitalists has Alaba-
MAJ Pretenders and thieves have built
railroads, but it was by stealing the good
name of States which they found solving
in 1863, and then by selling their fraudu-
lent bonds to the innocent people of the
North and Of Europe. These villains have
robbed the cradle and the grave; have
piled debts upon US mountain high, and
have destroyed what were once the most
honest communities on the globe. They
not only deferred capital from seeking
States governed by the rogues fresh from
the slums of New York, and by the negroes
fresh from the cotton fields, but they
upon and drove away immigra-
tion.' They wanted more negroes and few
er whites. What do we see now, since the
Sd day of November Brighter faces upon
the streets, earnest labor in the fields, in
telligent Legislation looking toward resto-
ration of State and municipal credit. We
see capitalists of Europe examining the
iron deposits at Birmingham, larger
German immigration into Texas, English
|aborers visiting Mobile, Northwestern ag-
riculturalists moving down the line of the
Mobile and Ohio Railroad. These are the
first results of the Democratic victory.
Why should not greater results follow
Dur white people who own the lands and
The houses want purchasers and tenants.
Why should we drive capital and immi-
grafton away !! The editor of the Tribune
8 not an idiot. We assume that he is a
,igot who has been blinded by devotion to
Mobile Register.