The patron of husbandry. (Columbus, Miss.) 1875-1883, 1879-11-15

picking will be extended from December
1st to January, averaging December 10Th.
The yield is estimated from 80 per cent.
less to 100 per cent greater than 1873,
averaging an increase of 5 per cent. IL
report laborers working well, 9 report
them contented, with no desire to emf
CRATE, and 10 mention that there is some
discussion of the subject but without any
fixed determination to emigrate.
LOOK OUT FOR THE BREAKERS.
1t is very evident that among those who
are able to command money-those who
have gathered in the money from the
wreck of contraction-are Just now en-
loving a glorious boom of prosperity. The
gold which got into circulation IN spite OF
| Sherman's effort to hoard it, together with
the shinplaster initiation of the banks, is
stimulating the stock -jobbers and gilt
edged gamblers in their yoctcion very
materially OF course the laborer has to
plod along at the old money famine price,
and pay the increased price of productions
incident to the initiation spasm.
But this initiation business is only
| spasm. 1t is political trick. The infia-
ton of bank rag money is precipitated to
accomplish two objects. First, to settle
the discomfort among the people, which
was threatening the destruction of the
Republican party. Second, to facilitate
the nefarious design of the Republican
Congress to destroy the greenback entire
ly. By initiating the country with bank
rags, and while everything is booming
under the stimulus of this temporary in
hation, the greenbacks will be slyly cast
into the flames, and the object of the high
toned piracy accomplished.
When this is done, the volume of the
currency is in the hands of the most un.
scrupulous men who disgrace human So
ciety. The bankers can and will contract
the currency and repeat the robberies of
1873, and throw the country into deeper
distress than it has yet experienced. That
this expansion is temporary and full of
mischief even the hard-pan papers are
able to see and send out their warning.
The North Vest Trade Bnlletfn says:
eve think it IS a boom. We advise ev-
cry merchant to confine his operations to
what his individual capital can control,
and to enlarge his line of credit not one
dollar 1t costs little to be cautious. 1t
is we'll to remember that Presidential
election is pending, that hard times have
turned out those in power and it is posi-
BILE that this business boom is too artificial
to last, being more political boom than
a natural revival of business"
Something may be made out of it by
those who distrust it sufficiently to avoid
running in debt, but to those who launch
out on the great sea of credit with nothing
: but this 'boom" underneath, death by
drowning is probable.
And the New York Commercial BnL-
letiR says:
as it mot just possible to push the
''boom" too far-that is, to point of pa
ralysis which must tend to materially re.
duce the margin of profit, substitute stag
nation for healthful activity, and bring ev-
erything to dead halt? This, in fact, is
the philosophy of the entire situation as it
stands at this moment: and they who rec
ognze it as such and trim their sails &C
cordingly, we are inclined to think, will
be the least likely to experience disaster
when fair weather is succeeded-as in the
:. natural course of things it must be sue
ceeded-by counter currents, occasional
squalls, and rough seas. We can avoid a
repetition of disaster by REFRESHING the
anxiety to run ahead too rapidly"
And the New York Times, the organ
of the Republican party and the "gold
bugs" everywhere, is scared and calls a
halt They go on till pandemonum is
reached. Listen to the Tines
"Rut with this improvement, in which
every one can take satisfaction, there is
another change going on which is not
healthy-WhiCh is, on the contrary, full
of danger, and which every conservative
man should do all in his power to discour-
age. This is the revival of stock specula-
ton, of which evidences are only too nu-
merous. The volume of transactions on
the stock exchange has already reached a
very high figure. Prices have undergone
rapid fluctuations, not dependent, except
remotely, on actual changes of value but
upon the reckless and INSCRIPTIONS ma
nipulation of the street. During the past
week, the reports of the Board show
that over 100000 shares of stock were
nominally bought and sold, but it must be
remembered that these nominal sales were
in great part only recorded wagers on the
changes in price of stock"
Now here is an illustration Of the truth
of the averments of the National press and
speakers that the charge of extravaganza
upon the farmer and mechanic was an in
famous SANDER, but that it was the rail-
road sharks andstock gamblers who were
to blame for this speculation and extrava-
gance. We advise every farmer and me-
chanic to beware of this initiation of the
currency. 1t is only temporary das
tardly trick to throw you off your guard
while the thieves prepare for a bigger
steal.-Grand Rapids Leader.
Speaking of the inhuman treatment Of
Penitentiary convicts under the contract
leu Il.,11z