The Newberry herald and news. (Newberry, S.C.) 1884-1903, 1893-09-06
IT'S BLOWING OVER.
Arp Says Hs Can Already See Frightening
Skies and Hard Times DisappcsfiHG
Time VIII Set All Things Alright
People in the Country Not Much
Affected By the Panic.

The times certainly look more hope
ful-we feel it in the air-the caldroh
has been boiling and bu5bling-the
froth and scum have been thrown over
and we begin 70 see The bottom Of the
pot through the clear liquid that has
ben so dark and muddy. Time is a
good doctor, in aEttle while the patient
will convalesce. Old forks cant be
fooled and alarmed like young folks.
When I was in Texas last year I met
hundreds OF good, honest people who
were wild with excitement about Clark
and Hogg. The crv on one side was
"Turn Texas loose,n and it seemed like
the great state was bound and gagged,
and her ruin was inevitable if Hegg
was elected. The newspapers and the
people in the towns and cities cried in
frantic tones, "Turn Texas loose"
But Eogg was elected, nevertheless,
and Texas is there yet in al her glory
and all her strength. I never took sides,
for it was none of ny fight, and vas
too old to be alarmed.
Memory goes back now 70 great ex-
citements, both political aud financial,
and when I hear the wild screech of the
, politician as he predicts ruin! ruin!
ruin! if they don't do his way, I feel
like it is h:-'orv inst repeati:s :: self,
and the s'or1u viii blow over as usual.
A little time is all that is wanted
time to reflect, and rest, ard recupe-
rate.
The great DR.. Alternately was asked
the secret of his success as a physician.
Hereplied:
II amuse the patient and let nature
do the work"
Jus! so the natiun's finances are now
sick, and Congress is the doctor. Up to
this time the doctor hasn't given any
medicine, nor done blessed thing ex-
cept to amuse the patient, and I verify
believe their are signs Of recovery.
The truth is the doctor might safely
be discharged and the patient would
get well. Just let the cotton begin to
move, and the South will be all right.
England will move it if the United
States cannot, and there will be two or
three hundred millions Of dollars put
in circulation down South this fall and
winter. There will be probably thirty
millions paid outin Georgia, and prob
ably three hundred thousand dollars
in Barlow county. Good gracious
what a pile Of money. I've got no cot
ton, but surely I will get little ofthat
money.
That will pay lots Of debts and that
will turn Georgia loose and turn Texas
loose. That money will not be boarded
nor hidden. Most Of it is owing now to
merchants and the merchants will
watch the farmer when he sells. That
money is bound to circulate, for they
say that SO paid to q debtor does not
stop, but keeps on paying from one to
another until it has paid hundreds
or thousands, and is as good or better
than the clearing house certificates of
the banks.
But we haven't lost confidence in CoH-
gress. There are some statesmen there
-men whose patriotism is above party
men who rise above self-interest and
reelection and have tire good OF tie
people at heart. At the last they are
the men who control. They are tie
men who will settle this question OF
disturbed finances, and they will settle
it right. So let the wheels roll on. A
year from now Se will all wonder that
we were so much alarmed.
The truth is the common people, the
bone and sinew, the fvrc:eTs and pro-
ducers, are not panic struck, and they
woulden't know there was a panic if
they Giden't reaG tie papers. 1t is the
towns and cities and mer chants and
bankers that are hurt. The OILY ap-
prehension Of the farmcrS now is that
the money kings vii pull down the
Arice Of cotton so rs 10 speculate upon
it aud get richer and i;chsr. They "ill
find money enough to. buy Al a low
price, but have none for 4 fair price