The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1894-01-25
CAUSE AND EFFECT.
INTELLIGENT OBSERVATIONS
ALONG THIS LINE.

LIN N1ELLlUENl OBSEKVAllONS
ALONG THIS LINE.
"Thrift Produces Capital and Capital
is the Conserved Result of Labor
1t Involves Self-denial of Present
Enjoyment, and Invests the Capital
it Has Saved" &c.
Raleigh News-O Observer Chronicle.
In presenting these articles, desire
to say, that iully appreciate the
difficulties of the situation and the
substantial progress that has been
made, and that is yet being made in
all parts of the South. Samuel Smiles,
of England has we'll said, "Thrift
produces Capital, and Capital is the
conserved result of labor it involves
self denial of present enjoyment, and
it invests the capital it has saved but
the majority spend all that they earn
such people are constantly poor, and
on the verge of destitution. 1t is the
same with Nations" Relief can only
come through the intelligent efforts of
our own people, and we should be
able to solve the problem. The more
prosperous we make our country, the
easier it will be to induce immigra-
ton.
While sitting in the gallery of the
United States Senate Chamber lately
l heard citizen of Pennsylvania say
to a Southern man, elf you want
more money why don't you work for
it, as we do in the North? When we
want anything we work for it instead
of complaining and wishing for it. ;"
He might have added, While you are
spending your money for Northern
food and clothing, and parading your
poverty, caused by lack of manage
ment we are getting rich by doing
the work that should be done at the
South"
Many years ago when Central
Europe relied upon the Southern
portion, as the South now relies upon
the Northern States for manufactured
articles, merchant of Venice said to
a German customer: owe buy your
hides, and pay for them with the
horns and tails" 1t provoked the
German, but it aided in making
Germany one of the foremost manu-
featuring countries in the world.
Suppose Pennsylvania man were
to say Gas he can say): awe buy
fifty thousand tons of pig iron from
Alabama, employ our laborers to work
it into cotton ties and with the ties we
pay for the pig iron, and get thirty
thousand bales of cotton for our labor
and profit on the transaction we then
spin and weave the cotton, and employ
our women and children to make it
into clothes for the Southern market.
Or if New York man were to say ::
"We weave nearly all the bagging for
the cotton crop giving employment to
our laborers." Or if a citizen of
Maine or Ohio were to say: owe
get every bale of cotton that is made
in one of the richest counties of
Eastern North Carolina and pay for it
with hay, which we produce for about
one-third of what it costs that county
to raise the cotton" Or were Armour,
of Chicago, to say: "I have sold the
South many million dollars worth of
meet, and while doing so, have
become millionaire" Or if a Boston
man were to say: "Our State buys
your hides and makes them into shoes,
with which we pay for the hides and
for enough cotton to keep our mills
busy, giving employment to our
operatives in making dress goods for
the South
Under such circumstances, is there
any wonder that we want more cur
rency, and that we feel the need of
money that will stay at home? We
can only reply, come South, young
man, establish your factories. We will
furnish all the operatives that you
need, at about one half the wages you
are now paying. We have abundant
water power, cheap fuel, raw materials
of every kind at less price than you
pay for them /; or, if you desire farm
life, we can furnish land from which
two profitable crops are taken every
year. One in June, and hay crop
in October. We can also show you
one of the finest countries for stock
and poultry, with good markets, and
transportation for all the corn, wheat,
oats, hay, pork, beef, mules, horses
and poultry that you can produce.
The question will be asked, "Why
don't your own people use these
advantages Many do, and they are
making money, but the majority of
our farmers do not yet realize that
cotton is no longer king, and they
cannot be induced to produce the
necessaries of life, in addition to the
crop of cotton. This fact compels
the merchants and banks to employ a
large part of their means, in order to
supply Western bread, meat and
mules to the cotton farmer, (secured
by mortgages on the growing crop
leaving no money available tor manu-
featuring enterprises of any kind. If
the farmers will become self-sustaining,
the South will soon have money
enough for all purposes Better times
are in store for this favored land, if
the unwise and unnecessary outflow Of
capital can be stopped. NELLA.
We are with the people against
Cleveland monopoly rule, and while
we shall stand by Democracy we
are opposed to ring political rule,
such as is now in vogue.-Oxtord
Public Ledger.
1t is pltlful to see Northern Demo
cratic newspapers blowing Justify for a
tax on sugar, coffee and tea, and
opposing a tax on the incomes OF