Year: 1865

United States, occupying The grandest coun
! try in the world, could accomplish. But
should we be disappointed in these hopeful
expectations should no early check be pu,
upon the issues OF paper money should
prices still further advance, and speculation
be still further stimulated and the result
thereof be extensive bankruptcy, depres-
sion, and hard times, the grand destiny Of
this country and this government will mol
be affected. The United States occupy the
best portion OF the temperate zone OF con
tineni, stretching out is arms 10 Europe on
the one side, and Asia on the other, and
producing all articles necessary for the sub
sistence and comfort of the race. Ii cotton
be king, he is, thank God, enthroned again !;
if bread be king, where should his capital
be bu, in this great valley OF tie Missssip-
pi This nation has within itself every
thing that is needed 10 make it the greatest
among the family of nations. Coal and
iron in juxlaposition and inexhaustible sup
ply. Mountains and valleys rich enough in
gold and silver 10 furnish the world, for all
Time, with what may be needed for circula-
ton and other uses. Copper and lead and
other minerals in no less abundance. A soil
OF wonderful fertility, climate salubrious
and diversified, and, above all, republican
institutions, and an energetic and again
united people.


CAPITAL AND LABOR IN THE SOUTH


We have it is true, sir, difficult questions
growing out of the war YET 10 be settled, but
have an abiding confidence that they will
be settled as they come up for settlement in
such manner as will strengthen the Union
and add TO our national renown. The labor
question at the South is one of those ques-
lions but if there be no outside interference,
il will not, | apprehend, be very difficult
Que; on the contrary, it is quite likely TO be
a self-adiustins one. The planter needs the
labor oil his former slaves, and the high
price which Southern products will com
mand for years 10 come will enable him 10
pay literally tor it. The colored people
will soon learn that freedom from slavery
does not mean freedom from work The
interests of the two races will no. be anlag
onistic Tne whites will need the labor of
the blacks and The blacks will need employ
men;. There is as much danger 10 be ap-
pretended from the unwilinGness OF The lat.
ter 10 labor Tor support as from an indis-
position on the part of the former TO pay
fair wages. Like all other economical ques-
tions, it will be settled by the necessities
ard interests of the parties. Fortunately
for the solution OF this question, and The
weII-being of laboring men generally, capi-
tai is not supreme in the United Slales. 1t
does not, as in most other countries, hold
labor under It's control, and dole out 10 il
just such remuneration only as will make
il most productive. Labor is a power in
this free county. with its cheap lands,
which are within the reach of all induslri-
Gus men, and dictates terms to capital
There is no part o: The world where labor
is more needed than in the Southern States,
nor where il will soon command better
prices. This labor question al The South
will, doubt not, be satisfactorily arranged
IN due time, for the best interests OF all con-
cerned. But have irespassed TOO long
upon your time. Accept, again, my thanks
for your courtesy, and for the attention you
have given 10 my desultory remarks.