National Republican., 1877-12-31
Credit or s.u,hcr. States.

Credit or aouthern States.
There is no doubt In the world Of the ability
Of the southern States 70 nay the interest on
their honest funded indebtednoss. Neither
is there the remotest doubtof the ability Of
private citizens, generally, In that section Of
the country, to liquidate their obligations, II
they are so disposed. There Is no section Of
country in the ci ilized world whore produc-
tive industry Is more literally rewarded by the
generous mother nature. and there Is no other
section In which the products Of agricultural
labor ere in more general demand at private
sale. Cotton, rice, tobacco, sugar, molasses,
tropical fruits, naval stores, ard all
articles Of domestic consumption are always
In demand at remuneativo rates. On the
other hand, labor is cheaper there than II is
In any other section Of the Union, and may
be paid for either In kind or In cash. AL that
the Southern States need to enable them topay
their debts, and become independent and
rich, Is the practice Of both domestic and pub
lie economy IN expcndituros-n parsimony-
but true economy, that which constitutes judi
cious outlay, an outlay which will yield good
and profitable return, and Of untiring indus
try; that diligence in business which alone
insures success. In this latter feature 1t Is ab-
solutely necessary, there as well as elsewhere,
that the employer should set the example, II
he is always on the alert to SEQ that his work
Is well performed. his workmen will know that
there Is no use in trying to deceive him. And
II he discriminates in the rewards Of labor by
commanding and rsmunerating accordingly
those Of his employees who are most industri-
Gus in labor aud most careful in handling his
property, to secure II from waste and to save II
from spoliation or estruction-which, by the
way, he cannot wen do without giving the
matter his personal attention-he will soon
find that his hands will accomplish twice
rs much In season as they will under
the coarse, rough, and unsympathetic
supervision Of q hired overseer. He will soon
find that there is scarcely any limit to the
generosity of mother earth II she be only prop
srly titled and nourished.
What the South must have 10 insure pros
perity is well.managod, intelligent labor. Her
lands will run to idle waste without II. They
will not produce enough TO pay taxes. Wild,
uncultivated lands are the least desirable, be-
cause the least profitable estates In the world.
Labor will not thrive where II Is badly man.
aged, worse remunerated, and politically en-
barrassed or oppressed. Labor must be free
absolutely or compulsory, In order TO be sue
cessfully employed. In the one instance the
incentive is fair remuneration and acquisition
Of competence; while in the other 1t is only
a fear Of the lash. In the former case tho
1aborer feels bound to sustain all the dignities
and responsibilities Of an American citizen,
while in the latter he feels that his highest
ambition is achieved when he has per.
formed the least possible amount of labor
that will secure his person subsistence aud his
back immunity from punishment. What
country can be expected to thrive under q
system of oppressed, uncducated labor2 Dc
not the land owners Of the South comprehend
that they are utterly beholden to labor fol
future prosperity2 Do they not know that
labor is the real taxpayer, and therefore by
! right is also entitled to an education and to be
the true voterP Do they not comprehend that
their true interests lie in common with thoss
of their laborers2 If they do not, these facts
are about tho first which they should learn
with view to permanent future prosperity
These remarks have been Inspired by the
perusal of the following letter from New York
We commend its contents to the careful con
sideration of Senators GORDON = I'D LAMAR
with the suggestion that they should try tn,
credits of their respective States in the com
mercial centres of the country before indulg
ing in any more vain glorious building OF air
castles yclept Fine State Credit" Here il
the letter:
| NEW YORK, December q, 1877.
Editor National Republican:
Nj. LANAR- Of Mississippi in his published lette
| to scnuyor durDo-, or ocurv1n, congratulated Es
latter gentleman in coming from state In 'in
credit" As both Mississippi aud Georgia are rul
alike in dishonOr and equally disgruced by the in
famous brand OF population, why the boast OF "hn
| creditY Upon what is II basedH Is II because tha
State has robbed the bvnd-holders ont of million
and thereby diminished her debt by that thieyinl
| process? Mr.. LANAR's point on credit, ns Hppict
to Georgia, insist is not well taken and cannot b
sustained by an honest and enlightened people
| A NEW YORKER.