The Durham daily globe. (Durham, N.C.) 1889-1894, 1894-01-27
SAM JONES ON THE TINES
The Patient Is Convalescent, But
Don't Seem to Know It.
Commercial and FinancIsl LaGrippa Has
Seized the Body Politic-So Legis-
lation Will Cure It-Regenera-
tion the Only Remedy.
TCoPYRIQRT, 1891.

have Just made a tour through Tennes-
see. Arkansas and Texas. The patient
is convalescent, though doubt if the
patient is conscious of the fact.
| mean that times are improving,
though the people seem hardly willing
to admit it.
There is an easier feeling in financial
circles, more movement in commercial
circles, and a more hopeful tone among
all classes.
The southern states were last to feel
the ~stringency, and will be first to re-
cover their prosperity. Texas has suf-
fered less than any of the forty-four
states. Her banks are deluged with de-
posts, her stores filed with goods, and
her trains loaded with cotton. The
farmers are buying all they need, and
most Of them are paying up old blIlS
and paying cash for new goods. -,
Times are Frightening. They are
| now hopefully better, though it's a long
| ways, even now, to complete recovery.
The wise man who thought that the
| repeal of the Sherman silver purchas-
| ing act would give returning prosperity
| is now an acknowledged fool. The mar
who now expects relief from tariff tin
4 k0rlnQ, Will SOOh udNC W JO4A Ia SNO
same procession with the gold bug
gerry" and SILVER diggery" crowd, and
take a back seat. There is no remedy
in legislation for the present stringency.
There is no mandatory, either IN
wool, steel rails, cotton, or wood wares,
that would not be running twenty-four
hours a day, and every day in the year,
if there were a demand for its products.
We are overstocked. Surplus, surplus
in everything but common sense. Eng
land, Australia, Germany, China, Ha-
wall have not overstocked US The
United States has produced its own sur
plus-iron, flour, woods, cotton, corn
dog fennel, &c, &c.
Tariff on imported goods, high or low,
won't give the much longed for pros
peritv. The Mckinley law did not
avert commercial and financial dlsas-
tiers. and the Wilson tariff bill will not
brinr back commercial and financial
prosperity.
The abundant output Of iron in n
~sylyania and Alabama has made the fur
naces and the mill operatives poor. the
abundant wheat harvests OF the north
west have made farmers almost penny
less. The abundant cotton crop OF the
south has well-nigh bankrupted this
section. The abundant output OF Q
len mills have proven their own rum.
Would it be wise to burn up the sur
plus. or dump it into the sea? Or
would it be wise to sit down and do
nothing a wear or two, and consume the
s11rDluS in idleneSS? Or will 1t be wise
for the west tx continue her
wheat harvests, at forty cents a bushel,
and the south to produce her eight tc
ten millions of bales Of cotton each
wear, and sell it for less than the cost OF
~nr0duction Or for the Alabama fur
inaces to continue to make pig iron ant
sell it at six dollars and sixty cents pei
- ton, &c, &c.
There is now a condition OF thing
that cannot be reached and cured by the
" vaporizings of congressman or the Ia
# bored, well-yyritten articles of the news
papers and reviews.
y Our greed for gold has run us in thu
p, hole. It's money in your pocket'-th
e. race t.-outstrip others-to produce NOR
and cheaper goods than our competitor
:. denominations, cliques and cheatt
- Rum, Rascality and Reciprocity.
Competing with the half-starved labo
of Europe, we grind the laboring me
"a and women of this country beneath tn
s. upper and neither mill stones OF GU
~ greed for gold and the desire to beat
Nv competitor in the race.
This same spirit is seen in ali trade
e. and marts. Now and then you will sc
- that the cotton planters have, IN COZ
esdyI ~yentiOn assembled, resolved that the
Or. would only plant half of the land usual
mt in cotton, and then each farme
men thinking that will be the case, and th'
therefore. cotton will be high price
rat thinks he will double his acreage ar
g@ thereby grow rich. And thus it go'
s q each year with the cotton planters. !
with the wheat and iron producers, al
so with all manufacturing interests.
G., The sugar makers in Louisiana ha7
- the best snap know of, and If the sug'
bounty holds out their fortune is mad
SRI By the way. can't the government 81
u the iron and wheat and cotton and RI
producers a good nice bounty? Car
IL they give us preachers a bounty on o
converts, and the negroes a bounty
their children and dogs?
How l wish this government was II
Bankrupted, How sorry l am tn
Mr.. Carlisle is Just at TINS Time trVL
to borrow money at 5 per cent intere
Some OF us had hopes of borrowing fro
the government at two per cent.
know that the two cents per pou
bounty on sugar has given prosperity
all southern sugar planters, and II
{ government could cease to look to I
people for It's support and pitch IN a
= support the people awhile, we could
=, be prosperous then
> The people of this great country ne'
: - wrestled with the problems which n
! vex them. New AMI untrled probe
IS in the commercial and financial wor
like new diseases in the physical. '
and puzzle all experts and doeto
"LaGripDe." with It's ravages on
81 human system, and its hurtful a
effects. pulling all the physicians II.
- -,-,01,l -, md therefore. is aklT