The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1899-08-29
individual might or should for con,

purpose, and he has q settled income,
but this is insufficient to bear the in
crease n one year, what does he do9
He goes to. some individual or bank,
and borroWs on such terms as will be
most convenient, on his promise to pay
the debt out of his income in so many
months or years. Aud this is coed
business. Tt makes the burden light,
and divides it over several years and
thus the convenience is gained at the
cost Of a little interest, which with the
principal divided over several months
or years may be paid without any in
convenience. Indeed it may be said
without this convenient and justihabIe
method OF gaining some present con
venience, the individual might sustain
a serious loss.
A nation is a number Of people do
ing business in partnership, and for
the common advantage. In a small
way there may be two or more part
ners, Ia a large way there may be
thousands, as in the case Of railroads
or other corporate enterprises, as cot
ton factories, etc. And so on, from
corporate company Of thousands Of
stockholders, we come to nations. ALI
these people, in all caseF, delegate
their powers to individuals elected by
the popular vote, who represent them,
and to whom power is given to man
age the general business. And so we
come to counties, States, and nations,
all and each, being communities hav-
ing common interests, and who elect
delegates or representatives to act for
them. Then if all this is thus, we, as
a State, are to be expected to manage
our business in precisely the same way
as a community, owning and operat.
ing a railroad. And as each State
finds itself bound by the customs and
necessities Of ordinary business, it has
come to be the custom in times Of
emergency to do as Individuals do, or
business corporations do, or counties
do, or States do, and as nations do.
Now as to the particular matter re
tered to in the public journals, and
by popular speakers and writer's, for
the public press, in fact, and in short,
by persons who are accepted as guides
Of public opinion and leaders in public
matters, representative persons, in
fact there have been obi C raised
by these leaders of opinions against
the action of the United States in issu
ing bonds to pay the cost of the war
recently waged with Spain. / won't
hide, or repress my private opinion
that it was q mistake to go into this
war. We have enough to do at home
to fulfill our vast and manifest des-
tiny, in materializing our own re-
sources, without adopting all the ma
tional orphans OF Migrants in the uni
verse, which when taken into cur
family become a serious charge for
maintenance, besides the cost Of edu-
eating them to fit condition for asso-
citation with. Bat the party in power
''has gone and done it," and we all
have to be bound by the act of our
government. We cannot get out Of
this And this act has cost us prob
ably before the bills are all in, a thou
saad million dollars!
Tnis / confess takes my breath away.
| think of it! l have been working
industriously for some three score
years, and fortunately have by econ
omy and prudence saved enough to
last my time out, and leave a little to
start my grandchildren with. That is
if it should not be all taken in a lump
to pay for the acquisition of a few mil
lions of very undesirable fellow citi-
zens, as compared with whom l would
1 think prefer the wild untamed Indian
of our plains.
It may be this personal pre- judice
that leads my mind 60 its present feel
ing, but 1 simply represent millions Of
other persons like myself, and in fact
every person who is wanting to buy a
farm or a home and has not enough
cash in hand to pay down for it, and
80 he buys on time, 80 that during a
few years coming he may enjoy his
home and earn by his industry the
money to pay the debt without incon
v~enience. In ehort, credits is the very
soul and life blood Of business. 1t helps
every man, every community depends
it, and this whether the community
be a few people or a hundred millions.
And moreover it is not thought bad
business for a man to buy a home for
his children, or his grandchildren, and
pay in part for it, and leave some port
NJ tba debit to be paid bv those who