The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-03-01

leading in wealth and enterprise. APP
palling was the devastation and ruin,
| impoverishing the South and proportion
ately enriching the North. In the decade
from 1860 to 1870 her wealth actually de-
/ creased 40 per cent, and in the decade
ending in 1880, the dark days of her re-
construction her values We're still furth-
er reduced and her poverty and prostra
tion seemed complete But finally peace
came and with it change, which in the
next two decades advanced her wealth II
per cent, her planting profits on amount
invested were % per cent. she was pro-
ducing 20 per cent. of the tobacco Of
the country and 100 per cent of the cot
ton of the country and IS per cent. of
that of the world. Her cotton spindles
increased Ais per cent, her manufactures
222 per cent, her pig iron product in
creased, in 1900, $50 per cent over that
of 1880 and her coal product TIC per
cent. over that of 1880. The percent
| ages cited, for which / am indebted 20
Mr. Richard H. Edmonds, can be relied
! upon. Today these beneficent gifts util-
lied by an energetic, intelligent and in
dustrious population have made our
southland once again triumphant in ma
| terial progress-a fair and just competi-
tor of the North once again, to the
glory of both and to the common welfare
| of our nation.
| What the South needs and must have
| is peace at homo and jointly with the
rest of the nation International peace.
There is but one unsettled problem pc
culiar to that section. commonly called
| the Negro question. The South under
/ I-F4 L.
| settled rightly and justly in a Christian
! spirit The natural friendship between
whites and blacks of long standing with
no idea of social equality is well known
| to those at all familiar with the subject.
The best friend of the black race is the
white race of the South. The future
welfare and development of the former
rests upon the absence of conflict be-
| tween the two and he who destroys or
| lessons the amity so existing between
the two races is not a friend of the black
man but an enemy. Intentionally or I'M
| Intentionally, to civilization. Let no
American citizen who loves his country
be a party to Stimulating war of races,
so much on the subject of peace at home
in the South.
Our nation can and must have inter
national peace ana the DeSL assurance VI
| that is to hold involate the Monroe
| Doctrine. / favor it not from pride of
its origin, but because it makes for
peace. History records the chief cause
of wars to be covetousness of nations
for more land. Withdraw from the in
ternational war market one-half of the
real estate of the world and military
conflicts will be lessened just in that
ratio. Shakespeare in "Shylock' sowed
the seed of agitation against the collec-
ton of debt out of mans flesh and blood,
| which, continuing for two centuries, re-
suited in the effacement from American
and English law of the right to inn
prison your fellow man for debt which
has been proclaimed one of the grandest
reforms of our latest civilization Yet
greater is the evil and brutality of ma
lions going to war for debt. Mr. Car
negie has done more to firmly establish
the Monroe Doctrine than all others
since the days of those who created it
and has sown the seed of agitation for
the elimination from the international
code of the right of nations to go to war
for debt. destroying the natural equili
brium of nations in peace, when he re-