The Morristown gazette. [volume] (Morristown, Tenn.) 1867-1920, 1879-06-18


, A leading political paper in Ne'
York but the other day undertook
to show that the West would b
able to keep the South in check ant
to prove it, It was shown that th
voting population Of Iowa, Kansas
Michigan, Minnesota. Nebraska
Nevada, Ohio, Wisconsin, and IlIi
nois increased in four years-fron
s 1872 to 1876-frOm one million sew
en- hundred aud ninety seven Thousand
to two million three hundred and
ninety-three thousand. of15e
It is. doubtless, true If this great
growing West could be kept under
the power ofNew England the South
would be politically suppressed.
But can a mere political tie long sep'
arate the West frOm her real inter
ests? The West and the South
must and will stand together. The
South is producing country and is
identified with the West.
New England's crop is q crop of
money. The crop of the West is
wheat, corn, pork and beef. New
England's capital is money securi-
ties. The capitol of the West is
lands. The interest of the great
West is more money, better prices.
The interest of New England is less
money and lower prices. The inter
est of New England is less money
and lower prices. The West wants
more money for her productions,
but New England wants more pre-
duCtiVeness for her money. New
England wants money high and land
low, but the West wants land high
and money plenty. 1t is conflict
of interest, and soon the West must
break with New England. The
spirit as we'll as the interest Of the
West was manifested in the passage
of the silver bill, more than fifty
Western Republicans breaking with |
New England and throwing off party |
leaders, and passing the bill over
the Presidents veto. Party ties
may hold together conflicting inter
ests for time, but no such diverse
interests as now exist between New
England and the West can be made
to cohere. The great organ of the
money power, the Times, threatens
,he South with the growing West
out indeed it is the growing West,
united in all her interests with the
south that must overthrow the mon.
" power of New England. d"
The South is regaining her
strength. Five and a quarter mil
ions bales of cotton were made last
rear, the largest crop ever made, and
o-day the mill men are alarmed, and
'otton has steadily advanced from z
0 Is cents. The growing crop,
hOugh enough is planted to make
tx millions Of bales. can now be {
old in advance at about IL cents.
This will bring $50 millions. This '
Vill give the South new impetus. ]
Tennessee, Alabama, Kentucky and 6
in their recent develop /,
nents of coal ani iron, will certain. '
= cause the sceptre to depart from 7
So far as Tennessee {
3 concerned, it is not a matter of
peculation. The hot.blast furnaces
t South Pittsburg, Chattanooga, G
lockwood and Rising FaWn the lat g
er ln Georgia, but run by Tennes- '
ee men and Tennessee capital, will t
lake iron enough, il shipped to I
'ittsburg and sold at its present r
,W prices, to bring back $1,000, 900 q
nnually-enough to pay three times t
ne interest on the compromised {
ebt. 22s7 p
Suppose, by rolling mills and nail il
We work up this iron, as t
e will soon be doing. then, by labor p
! the iron industry alone, we eau y
ay six times the interest on the t.
ublio debt. OF course 1 have ref II
renee to the gross receipts. i
The building of the new cotton a
Ictory at Nashville has proved the Il
access of making cotton goods in p
ennessee. Though shrinkage of f
alues greatly paralyzed this enter, ii
rise for a time, it has bounded into b
Fe and is likely to be the forerun- o
Or for large investments in this g
'anch of manufacturing. a7 o
Our railroads will in future pro- 81
ace . revenue Of about one hundred 81
ousand dollars, and the peniteE- p
ary, long q tax. now yields n. ore ii
an $40, 900, after paying transpor- o
tion. Privilege taxes. including 81
x on insurance companies and on q
3 l.
W suits, will yield about $500, 900. m
akiDg within $4,000 of enough to p
" the interests aa e5 st
Though the country has felt little a
no relief, there certainly are some
yns Of returning prosperity in the st
les Mechanics ali aasnra mo bs