The weekly Thibodaux sentinel and journal of the 8th Senatorial District. [volume] (Thibodaux, Lna. [i.e. La.]) 1875-1898, 1876-03-11
Gov. T. A. Hendricks.

Gov. T. A. Hendricks.
On Saturday week this distin-
guished statesman, and at present
the Governor of the State of In
diana delivered an address inau.
gurating the exposition of the
Southern States Agricultural and
Industrial Association in New
Orleans.
1t was worthy of the occasion
and worthy of the able and elO.
quent orator.
We append the closing remark
"And now | come to two ques
tions Of the highest Importance
to every taxpaying community in
the Unit. d States How can you
add, and how much to the wealth
Of the country BY an increased
production of articles of export =?
That is the first question, The &C.
cOnd is this: How, and how far
can you prevent the loss of nation
al wealth by increasing your pro
duction Of articles which, are now
largely imported II am glad to
think that this Expositionis in-
tended aS an honest and u
rongh effort towards tae solution
Of these questions. Increase in
production. and Improvement in
quality is your object, and the
increased production of your
staples will add to our exports
and diminish imports. Every bale
of cotton and hOgsllead of tobacco
laid upon the wharves Of Liver
pool and Havre add to our sup
ply Of gold, tor they command
the gold at once and every
pound of rice, and of sugar, aud
every gallon of molasses produc
ed here in the state of Louisiana
saves us from importing so much,
aud thus retains the gold in the
country. Now, your Exposition is
particularly meant to bring about
increased production of these
staples, cotton, rice, sugar and
tobacco.It cOntemplates improved
implements /; the adoption of the
best means to strengthen and
stimulate your lands the es,ab
hshment of harmony between
capital and labor and the bring
ing Of a larger area under the
plow. 1t is surely not absurd to
think that you may increas the
production of your staples by say
twenty per cent. If so, and if you
thus annually add fifty million
dollars to our supply Of gold {;
and if a rigid economy be intro
duced and observed, so as TO re-
duce our national expenditures
BY forty or fifty millions more,
our financial questions will be
solved. Gold and silver will accu
mulate. the difference in CONNER
cial value between them and our
paper currency will rapidly de
crease, and with stable curren.
cy commercial confidence and
confidence in useful enterprises
will be restored. 1t is our duty
and our safety to give proper
, heed to the opinions of men of ez
periences in financial and com
, mercial matters, but the widest
theorist would hardly ask us t(
base our hopes of q return to spe
Gle payments Oh a complicated
3 aud ingenious plan Of borrowing
gold. That would be sure disaI
, pointment and would very probs
} bly, lead US into still serious per
r plex.ties. can not avoid the cot
viction that permanent improve
t ment in our financial condition
;, requires a closer economy espe-
r cially in public expenditures, ant
!. an increase of our valuable ex
2 ports, and your relation to thi'
Q subject is Of the highest impo
/ tance, because Of the great valul
of your staples, and the cppstan
e demand for them in the market
f OF the world. This I do believe j
: coming to be understood and pr
g perly appreciated BY the peopl