The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1878-01-25
For the Times.
CHARLESTON, Jan. l4th, 1873


CHARLESTON, Jan. l4th, 1873.
Once more order reigns in Warsaw. The
crowd of noisy dusky politicians, who for $50
long have held their court about the corners of
Broad and Meeting streets, has collapsed. The
glory Of RadioNlism has departed. Peace reigns
supreme throughout'the City. Quiet people can
now walk down Broad and Meeting streets with
out the fear of pistol shots. Ladies and chill
dren can walk the pavemenis without fear of be-
ing showed off or insulted by coarse abuse
Under the new regime we hope for retrenchment
and reform in every department connected with
the prosperity of the Old City.
The merchants complain that money is scarce
and business dull. COMPETITION is great and
goods can be bought at low figures. Credit is
pretty well played out and everything is being
conducted on cash principles. The best fnan-
ccrs say they have never seen the financial con.
dition of the country in more critical condi:
tion. How to make safe investments is a prob:
lem not easily solved by the wisest heads. The
shrinkagc of values in all species of property
at the North, and the wholesale bankruptcy Of
Life Insurance companies and Saving Banks,
].!e III assali nf lahnr
vs. capital are telling fcarfully upon tiiv .SEss,,
and we cannot expect to escape harmless. The
South, however, is better off than the North
Wo have come down to hard pan, and can stand
the shock better than,th worthless who have
Lecn clothed in purple and fine linen and spec
a,ing for years past upen:the ruin of others.
The great problem at the South to be solved,
Is our Agricultural Prosperity; for turn and
twist the matter as you may, if the Agri-
culture of country is not in prosperous con-
dition, every thing else must 60 to the dogs
SpasmOdic efforts, by legislation or otherwise,
may keep things going for awhile, but ruin will
come at last.
AT the bottom Of our troubles undoubtedly
rests that grim monster credit, which will always
devour the fruits Of the farmers labors I'm
fortunately nearly everybody had to resort TO
borrowing money amer the war, and moro un-
fortunately, nearly everybody kept itup. High
prices paid for provisions which ought to hnvo
been produced on the farm: high interest for
money to pay for inefficient labor, and buying
everything on credit found the farmer at tho
end of the year unable to pay out. The balance
of one year carried to the debt of another, with
high rates of interest, ana the constant low
price of cotton and high taxes, soon ends in the
the Sheriff s advertisements and Auditors list
of delinquent tax payers, all over the State, go
to show where the Agricultural interest of the
country now stands.
1t is much easier to say what ought to be done
than to do it but 10 one can be so blind to the
situation rs to argue that times will ever grow
better under tho old system.
We must take new departure. We must re-
trrsurvo rv~-cp~ss~-v
| every possible way. Stop oil the leaks, and
produce every article needed at home that we
| possibly can. know it will he hard to come
down to this. 1t is so easy to go to the store
and buy what we want and hare IL charged, and
so easy TO calculate tho number of bales of cotton
10 be made and the rise in price which is always
| in futures. But there is no ether way out
Of the wilderness. Plant cotton only rs a sec
ondary crop, and there will be money in it.
There is not too much cotton made for the worlds
usc but it costs too much to make it, and tho
necessities of the farmer force it upon the mar
kct Too soon in the season, that all the benefits
of rise 60 to the spcculator.
Let farming once more become successful and
it will become rs popular rs of old, and the
thousands Of young men who have left the field
| for the counter will return to their old homes
and labor to enrich and Oeautify them.
| MORE ANON.
Has THE NARROW GAUGE PAIp?-So muct