The comet. [volume] (Jackson, Miss.) 1877-1882, 1879-03-08
Row TO BUILD UP THE COUNTRY
HOME INDUSTRIES.

bottom to our tuby
There are few things which the Peep
of Mississippi ought to learn, and mu
learn, before they can look for substant
prosperity. Among these we mention th
following:
|. The fostering of q community OF IL
terest among all classes of our population
The white man cannot promote his ow
interest by striking down the black maj
The black man brings ruin upon himse
when LIE attempts to destroy his whit
neighbor. All contracts should have i
them the essence of fairness and prope
consideration for the rights and interests o
both parties to them. There should ente
into all these dealings the spirit of coNopera
ton and harmony. Let the white man AM
the colored both come to realize that eacl
desires and strives to promote the Hollt
interests of the other. Let no hard or un
just bargains exist on the one side, and NJ
broken contracts on the other.
3. Capital and labor has been at loggerN
heads too long. The time has come for
truce. War upon capital is too apt to de-
generate into a war of the mob against
organized society. War of capital upon
labor is certain to drift into oppres-
sion. and tits oppression begets wide
spread dissatisfaction, which tends Gil
rectly to paralysis of industries and the
murder of hope, Unhappily, the Govern
mens of the United States has lent its power
full aid to strengthen the iron grip OF the
bond-holders and money sharks upon the
Threats of our people. This was all wrong,
and its fearful fruits are now seen and felt.
But the remedy is not in counter upheav-
al. Revolutions are justified only as last
resort. In violently wrenching relief from
one wrong, we may madly rush into another
still more disastrous. This is not the way.
Resumpt on has resume |, and now the prac-
teal policy is to adjust ourselves to the finan-
cial situation as far as we can, and make the
most Of it. The next Democratic Congress
will probably give the American people all
the relief from the burdens entailed upon
them by the bond and money ring mongers,
which the Constitution will permit. We
expect them to do this and are heartily in
favor of it.
So much for the national financial aspect
But the trouble with us has been the Shy
lcck exactions of many of our own home
capitalists against their neighbors. When
capital exacts 20 or so or hooper cent from
labor and agriculture, it becomes the OPP
pressor and sitter of these interests. 1t
becomes monster. 1t ''kills the goose that
lays the golden egg" No wonder that SO
many of our homesteads are hopelessly I'M
der mortgage, and so many more have pass
ed under the ordeal of the Sheriffs hammer.
When will capital learn that labor cannot
pay such enormous interest and live? When
will capital comprehend the fact that by ex-
acting such usurious interest, it jeopardizes
its principal, and pursues system which at
once paralyzes the industrial interests of
the country, and must in the end, entail loss
upon itself. Here, too, is the place for har-
mony and community of action. If A lends
to b, he should do it upon basis which
promised benefit to both But B. can
not be benefited if A. charges him % per
cent, and if B. undertakes to pay % per
cent. he is almost certain to break at it and
to wind up at last unable to pay even the
principal. Thus the transaction has proven
4 loss to both and begets an estrangement
Them whereas, if the interest
demanded at the start had been within
christian bounds, both would have prob
IDLY derived decided benefit from it, and
moved on in prosperity.
The money lender and his borrowers,
he merchant and his customers, should I'M
erstand that there is unavoidably close
Identification of mutual interest in each
theirs success. If they would grasp this
pregnant fact, and weigh their own individ-
al policy, they could see that the proper
hing to do would be to strive for the sue
ess of each other, and to fix no barriers
o that success. The man of capital, if he
emit his money or sold his goods at all,
hould do SO upon such term as the borrow
r or purchaser could stand without posi-
i've and inevitable loss, and the borrower
r purchaser should never promise payment
ithOut considering well his ability, and
aying promised, he should move heaven
nd earth to fulfill it. There should be no
lerciless preying on one side, nor dishon-
st jayhawking on the other. The parties
lould be friends and co-laborerers in
uilding up the country, and work for
ach others success.
3. The encouragement of home indus,
RES, by which we mean the patronage of
ONE factories and home artizans. If a
low is wanted, why not get it from the
ome foundry or the bone blacksmith =?
you want pair of boots made, give the
ob to your neighboring shoemaker If
on want a suit of clothes don't send to
lew York for them, but patronize your
ONE tailor. If you want card printed
ct it done in your home Office. In word,
eep the money at home-keep it circulat-
lg among yourselves. Swap work with
lch other and help one another along
will be objected in many cases that the
ONE prices are higher and the work not 50
God as elsewhere. This is unhappily too
rue, but what is the reason of it The
ONE artizan is so poorly patronized, per-
APPS, that he is unable to provide the facil~
es necessary for his trade, and the few
ray jobs he does get must be performed
lder difficulties, and he is bound to charge
good price or starve. Give him all the
ork you send of, and you will soon see