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The Enormous Price Of Grid In The South

The Enormous Price Of Grid In The South image
Parent Issue
Day
24
Month
January
Year
1862
Copyright
Public Domain
OCR Text

Gold in smull siims is selling ut iifty er cent. premium, iihd the pi ice oí jol ti is the barometer of the smugjlirtg trade. Any wort of property ■,an bdpurehnsefi ut tho South witii Wie [)itès fi:rKs!:,'d bv the bünks and tiio govermiiont. 'i 't:.: foestectuterMi Virginia and Aliibiinia -ihi-bcst Kccmi.iea iftkt ciiu be had in thö market - üie subí! mi Is of life - tho luxiiiies of tha ijti - the necensáriea ii thupoor - thu tinerv disjilaved in the streetu nnd ut the churchus - horsc:s, ehitlb, swim., bread, nie:it, evteiything in the SoutVi th;r. Iiiik value, intrin.sic or convciitioKil, except il few nrticit: made the 6U-] of extortionuto speculat'.on, :nn ho procurad at reasonnblo pi ices. Tli'w greftt fact is proef nesclusiva thut rnoiusy is nl bo ipaterial cj rciatii.n, and tiiat ihe tóffh ptica of g4d i'actitiotts and aboorrniil. Th ere is but oe silErl caupe ta :i the advuiieu ui gnld in pnüfl ciirx be attribate; and that $ ihj :tcri.sivu ti3'stein of mupgHng whiun tlie di;i,honored and disrepulable rnercliunt. of the South are uarryiosr oa across the northern border. There is n espacial demand or Daée&iity for ft$A ior nny . piirposc, vvithin the bouM.Uries oí bba" Gnafoderacy, e&mpt M this pern'cious nftainiiggling; :nil the extont t ivhieh tbut (liíí.inc-tíii! md tigradtftg trado is can cd on i.s. (lenutett by tha promiui it uüi.-irt !r ■ Evt-vy bioker in the uiiiea of Üi. South; BVecï vunnci1 su"t ui.t :,.■ iiio towns, villuges and neÍLrl.bi'i h.nnls & the interior, to fnek up spütii? ;:t 30o 40, 50 por cc-nt. premium, is in tn' iay of the f inugsilers, whose uame, liko thö ei.st-out (levi's, is logioQ. Ai. y biujt h:t V p-ys U premium ei' Gl) ) ur cunt. for m.i!(..y neuijt have it'uuietl Ui unornious pr).cn;oiis. The pruaunt piite tvL ■pecio vil hb horeallcr quoted ihi.-'iih ;,ll tiu.u as u damuing sligiBii upQO iho c'iu.t::w'ul' uí Bouthurn nierchtitiis. The gmuggler i a vi.:.-;i! che:i.v uf the South tban the iiSwihh Dutcluuaii who BDganes lo -boot ur ptjtpl for Slo Li mouth. He exiuutB Llit tiouti to the utmost esúnt of lii ability l tha epi ci'J abe posHses, üd rbiolj, he nmy ■ pö.vvd,1 and buil to 'n.oet thö laïtid L

Article

Subjects
Old News
Michigan Argus