Wilmington journal., 1876-09-01
waNC OF CONFIDENCE

| WANT OF CONFIDENCE
The condition of the country at the
present time is certainly very pecu-
| iiar and anomalous one and furnishes
much food for thought. Our crops of
cereals and the great staple of the
South have been, we believe, larger
than ever before, and yet business is
paralyzed, labor seeking employment
and can find none, and money never
SO scarce. What has become OF all the
money Are the banks and capitalists
boarding it up, and if so, for what
purpose? There il a great demand
| the great money centres, and one
would suppose that Investments yield
| ing large per centum could readily
be obtained. And just here is one of
the great if not the greatest Difficult
ties in the case. Capital is always
sensitive AMI to insure its free dig
bursementzit must be based upon con
fidence and integrity. A man who has
a surplns of money prefers to let that
money lie idle rather than invest it IN
any way, no matter how great the
margin of profit may be, unless he is
assured that the security offered ls un-
questionably safe, in other words, he
must have confidence that every thing
is right
Now this confidence, which is the ba
sis of all legitimate transactions, has
been entirely destroyed by the reck~
less expenditures, the criminal extrav-
agancies and gross corruptions of the
party in power. They have shocked
the moral sense of the people and
caused universal distrust, for men will
argue that if such things are done or
allowed to be done by those who are
the custodians of such high trusts, that
the baneful influences of their exam
pie must have permeated through all
the gradations of society until the
body polite is more or less corrupt.
Nor can we wouder at the exi: tence
of such feeling when we remember
the Credit ,MObliers, the fraudulent
navy contracts, the straw bids. of the
postofice department, the revenues
squandered, the operations of the Bel
knaps and the Babcocks, and the
frauds in almost every department of
the government so recently exposed by
the Democratic House of Representa-
tives at Washington.
Never has such condition of things
existed before in the history of our
country. Panic after panic has swept
over the land in former years, para
lying industries and spreading finan-
cial ruin in every direction, but the
recuperative energies of the nation
soon restored prosperity, for corrup-
ton had not then as now impaired its
vitality. Whatever cause of complaint
may have existed against the govern
ment, and where there are two parties
there will always be complaint, yet all
had faith and confidence in the honesty
cf those who controlled it's operations;
and this gave feeling of security and
an assurance of ultimate improvement
in the midst of gloom aud despon-
dency.
But the reverse of all this is now the
case. The government so far from
giving stability 10 trade and commerce,
has by the course it has pursued COM
pletely unsettled it's foundations, and
capital shrinks from Investment and is
kept boarded up until a policy is
..,luptUtl t1fnereut rrU1u tt1ab wiriul Iras
so long been i'll operation, and directed
as in former days by old fashioned
honesty.
We will look in vain for any im-
provement in our affairs so long as the
Radical par y remains in power, a party
that has shown itself to be so corrupt
in all it's ramifications, that the idea of
reform within itself, is not only absurd,
but does gross violence TO the common
sense of all the people. Our only
hope of relief, and the restoration of
D0bGoF L1uSS Is LII Gu0 0l0CGlOu Oh
den and Hendricks. We may then
look for eturn of confidence, the
revival of active and successful busi-
ness, the revival of trade, and the GER
tain prosperity which always awaits
industry and well-directed efforts under
a government wisely and economically
administered. But the people are fully
alive to the vast interests at stake in
the ensuing election. and have deter
mined that this condition of affairs
shall continue no longer. They have
had quite enough of Grantism with it's
sickening exhibitions of nepotism and
imbecility, and they intend to place
the administration of affairs in the
hands of those who will carry on the,
government in accordance with the
principles of the fathers of the repub-
lie, and be guided in their actions by
the light of their own glorious ex-
ample.
THE BOOMERANG ORDER.