The Camden chronicle. (Camden, Tenn.) 1890-current, 1892-01-08
A REVIEW OF THE YEAR 1891.
rrArrprL AND DESTRUCTIVE YnAR.
ABudget of Interesting Events that have
Occurred Throughout the World.
Memphis COMMERCIAL

.
ful one in manYparts of the world,
and fruitful of destruction Of life
and property and of disaster in fl
nancial and commercial circles as
result Of over-trading, of dishonest
booming, and Of over-issue of fiat
money. In proof Of this-we may
recall, not in the order of their oc-
currence, but as.they present them
selves to us, the collapse in the Ar
gentine Republic, where still, after
the lapse of many months and the
combined efforts, of the best and
most skillful fnanciers AMI bankers
of Great Britain, much uncertainty
and uneasiness prevails. Follow
ing upon this came the civil war in
Chill, the awful butcheries of the
ator-Balmaceda;, his arbitrary
issues of paper money, the collapse
of his dictatorship, and his suicide
aftereight months ofhard fighting;
the assumption of power by the
congressional party, the assassina-
ton of American sailors, and the
break inthe entente, cordiale which
Ind so long prevailed between Chill
and the United States, opening an
angEy> controversy, which has not
yet been closed, bat still threatens
the peace between the two countries.
Then there came the threatened
civil war in Brazil, complicated by
oVer-issues of paper money and the
illegal and dishonest diversion, as
in the Argentine Republic, of gov
erment funds. Besides this and in
addition to it, there is the chronic
condition of distrust and political
disqniet thai prevail in the other
South and in the Central American
republics, which Mr.. Blaine, with
a view to the enforcement Of. his
plans of reciprocity, had taken IN
der his care and direction through
the Pan-American Congress. Sup
plementing these chapters Of bloody
civil war and commercial disaster
came the rebellion ia China and the
massacre of patient, philanthropic
and toiling christian missionaries
byfendish fanatics, melted thereto,
it is'supposed, by these who know
China and the Chinese we'll, by. SUI
perior officers Of the government,
who themselves are fanatical upon
the subject of the exclusion of for
eigners from theterritory of the en-
pire. To be added to this we have
the overwhelming and awful earth
quake Japan, bywhich more than
ten thousand persons losttheir lives
millions of dollars worth of proper
ty was swept out Of existence and
two or three millions of men. wo.
men and. children were reduced te
b6ggary, all their stores of food hav.
ing been destroyedand their sources
Of income from property or labor
being cut off. This is, perhaps, the
special chapter Of horrors. Of The
year. To it we may add the fearful
losses of life by storms and freshetI
on the continent Of Europe anC
along its coasts, and those of Grea
Britainv and Ireland, which were
several times fearfully visited.
And there is to be chrOnioledth,
cyclones and tornadoes which swep
the Atlantic, and the giant tida
waves which occurred with unusua
frequency during the year. Sur
passing these destructive. throe
and agonies Of nature in intensit.
are the horrors Of theenforced exil
of the JewsfromlRdssia bya cruel
remorseless, .bigoted and irrespon
sible autocrat, and the death b.
starvation of thousands of his i'm
poverished and hopeless enslave
subjects, and the agony of tn
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