The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1882-02-23
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rNUfI.ININ. Vil' NI IU'"' ~ UNIV WV '.'
which PROMISE great reluusnr Iust n' oii
torni tI disastrous lueot Though untold
sorrow for untold years has followed liko q
. shadow upon the heels Of speculation Wise
and foolish. business men and drcamcrs
] with an inatution uniccouutihlc but uu-
controllablc, have rushed into the tra'sa''
| ton. upIu Change, aud thought they saw
beyond the possibility Of disappointment
through the short vista ahead, the rosy
light o fortune and power. And then, be-
fore the strongest imagined that the storm
W., coming, In opposition to seemingly the
most rational calculation the crash
has invariably come, and dcsolation as
complete as ever lay in the track
Of the West Indian hurricane has spread
over thousald homes, People forget
that there are men,who control stocks cot
on, ira ic, Just as absolutely rs other men
manage government, and that as those in
power are forever seeking ACKNOWLEDGEMENT
40 the expense of tire masses and by
entertainments upon the constitution, so
do the Kings of the Exchange gather unto
themselves riches and fame by playing
upon and bctraying the cupidity OF their
victims. What care they for the suicide OF
the man who has ventured and lost his all?
lie is to them but one Of the unknown
atoms that 90 to make up humanity. Or
what think they of the want that gIidos
into q once happy home like spectre,
when the collapse has come,
aui crouchCs upon the hcarth'stonc
The late iallin futures in this country, and
the great panic which has been racking
France, ought to teach never-to .be-forgotten
lessons to those who would violate or trans
ccnd the divine command, 'in the sweat OF
thy face shalt thou eat thy bread" Our
dispatches yesterday morning from Louis
rvil,c, and how truly, perhaps, might the
same be said of hundreds of other towns
| not mentioned, tell tale that ought to eX-
cite burst of pity for the poor, misguided
victims of cupidity from one to the other
end of the country. 1t is said that mer-
chants, clerks, shop-boys, chamber-maids
i'll fact every one who could raise So
rushed to the bucket.shops and in
vested in cotton, but day before yes
teriay their margins were all gone and
with them their hopes and air-castles. a
writer in the Paris Figaro speaking OF
! Lyons, one of the wealthiest and most beau
tiiul cities in Europe, the second in France
declares that heavy cloud of sorrow like a
pal hangs over the city. AS yet they dare
not uncover the ruins-the total failures,
| the positions ofthe most honorable men are
so fearfully compromised. From the day
| laborer to the millionaire, or rather eX-
millionaire everybody has lost. Not one
has the first sou toward a settlement.
| Thirty-siX millions of francs are owing to
the brokers alone, but this loss does
not begin to cover individual losses
| of each member on change all
OF whom have specuated largely. When
we reflect that this means rags, cold, star
walton to hundreds of women and thous-
ands Of children, and suicide and dishonor
to once prominent and happy men we can
begin to see the extent of the evil. Can in
temperance or war ao worse? While the
over-zeaous aye|agitating themselves about
the lewis Of intemperance" and the "hor-
rors of war" the former of which are slow
| III tllOll OIcldlioiii VBSii eh' N''S'J
and the latter of which are of infrequent
occurrence and the result of an overmaster-
ing necessity, it would be well to take steps
| to check this secret and deadly poison of
speculation which is spreading itself
through all the arteries of trade and society
and reaping a harvest of ruin second
only to the black plague. Men must be
| 1. a. 1, -, lanit oto uaalth thn
only wealth that stays to bless and comfort
old age, is that wrung from legitimate toll,
that which represents labor, the only true
criterion of value, and not such as is thrown
up temporarily upon the bourse or
the exchange by the artificial manipu-
lations of the sharks of the financial waters
not such as is garnered from the black
boards of the bucket-shops, but that which
comes from the natural wear and tear OF
brain and muscle. Until men have learned
these things great catastrophes, such
as we have just witnessed, may be
anticipated, and in the interest of
humanity we trust that our people
will learn "to make haste slowly"
government itself dig few bitches, which
the bills grand loqucntly call canals and
thus save to itself the entire body. If it
viii pay the irrigation company to do this
| for one-half the tract it would be doubly
remunerative TO the government. This
scheme looks to MS as If it were bordering
very closely upon what is commonly known
as "a job" and is evidently a land grab of
the first water. We are surprised
that SENATOR VEsr would allow
himself to be used I'm meas
ure demanding SO much for so little
from the general government, and SO cslcu-
lated TO enrich a moneyed corporation at
the expense Of thousands Of settlers, who
will in the future, and are, in fact, now
needing and entitled TO homes;eads in the
far west II is about time that the right
ful and lawfully constituted guardians of
the peoples interests should be watching
somewhat more atientively the various and
proposed dispositions ofthe public lands.
"CENSURED."
Upon every recurring occasian Of grea;
fro where a loss Of life is witnessed. il Is |