Savannah morning news. [volume] (Savannah) 1868-1887, 1882-03-04
"UNDER DIFFICULTIES"
The Agricultural Interests south
and West VS.. The Money Power of
the East.

Correspondents Nes0 Orleans Times Democrat.
OASIS, Wis, February 10, 1882 The
Chicago Inter Ocean, under the head of
President Under Difficulties" says:
''Said the President to friend short
time ago: i have passed through so
much in the past four months that death
itself has no terrors for me-
By the resumption of specie payments
President Grant, like the serf and vii
lain OF feudal times, had the collar fas-
tened around his neck, figuratively-
"Grant in the thrall of creditor section"
and naturally his successors, through
the spOils system, have a sweet time
of it.
A correspondent of the New York
Century, monthly, under the head of
Significant Aspects of the Atlanta Cot
ton Exposition" after raking up old
slavery debates, says: "The intercourse
between the planters of the Mississippi
vallev and men controlling capital from
the N Northern States may soon lead TO the
extension of the system of lending CAPT
tai through mortgage security companies
which has worked so successfully IN the
West" 1t has worked so successfully in
the West that the negro exodus hears no
comparison to the exodus of Western
farmers, driven from comfortable homes
to the plains bordering on the great
American desert. Already in debt
before the war, thousands of
farmers from the West returned
as soldiers from the war, find
ing everything to do and nothing to do
with: found themselves helpless in the
hands of the creditor The low prices,
as consequence of the resumption of
specie payments, made foreclosure of
mortgage only question of time, The
plains that twenty years ago could only
be cultivated by means of irrigation, for
the last eight or ten years have had rainy
seasons, and the plow has followed the
rain. but still so destitute are the farmers
that they are unable to tide over a single
years drouth.
Since the great fire, in the tender mer-
ciPs of mortgage security companies,
Republican Chicago bends the supple
hinges of the knee that thrift may follow
fawning.
AS creditors from all parts will flock
to the Overgrown Eastern city, it follows
that the South and West, as the farming
sections. will more and more become the
serf vsssal drudge villain Cossack fag Sec
ton. The pine timber oasis of the desert
is sacrificed before the jaws of the gold
and silver mines. The sheltering pine
forests of Michigan, Wisconsin and
Minnesota fall before the steam saw
mill, backed by the rail
roads, to build manufactures in the
creditor section. With wheat after
wheat on the bonanza farm lacking
forest shelter, drouth and insects will
soon be the order of the day again. The
money barrel, more powerful than the
ballot box, gives us the poll tax system
of taxation by means of tariff, licenses,
excise, stamps. 1t is the produce of the
debtor section that pays the war debt,
The debtor farming section, by means of
tariff, protects the manufactures of the
creditor section against Europe The
farming section pays for the digging of
gold and silver to pay the public debt.
and to the farming section gold and sill
yer returns as bad penny.
No wonder we have president
Under Difficulties No wonder the
agents of mortgage security companies
svmpathize with the Russian Jews.
Even business men in the East mus: see
the folly of playing off the West against
the South, and taking sides with the
dead head creditor against the laborer as
a debtor With one half living on the
other half, war, pestilence, famine, fire,
food, billiards and sim Oms will find
scanty opposition. The vely rich to-day
may be most helpless tomorrow Like
other nations, we will be a nation under
difficulties. JAS. PLoCKER.