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Be Prepared For The Storm

Be Prepared For The Storm image
Parent Issue
Day
9
Month
December
Year
1864
Copyright
Public Domain
OCR Text

The fullowinii goed advho tl frutn the Cüieago Tribune : " Monej' is ohenp nuu abundan! J paper dollar is depreciated to fmty-fomcents, gold value, ÖwrTency is plenty hud gruw ing plentier. Cotuo easy, g cüfy, ia the prtsvailing fecling. Buf' soóner br later tho present abnormal cnncfitióB of thlogs will termínate- pet; hap giaduallyperhaps suddeuly, f1 values of all éommodities, inciudin money, are fearfully "watered." Bt when itie ernsh comes the vater wil! be bailed out, leaviiig only What is represented by' the fíoYá staiïdard. Men are walking on high stilts, and are niakiug lot g but iuiseciire Btridep. But all must dicmouut one of these days, and como down until their feet touch tho e:iith. Many will be precipitated huadlong, who now tower aloft on fheir stilt. V iao and prudent men v 11 ,re. pare in time for the ineviUtblo cuuage, j The c!aB vi-V o will sulfer by the tern 7 nation of the war are those in dtbt. merchant with a stock of goods on hanj worth ay $50,000, and huif paid for, will not .realizo thorefrorn. enough to pay what he owes. When the iroods urn' all sold he will find nirnself still in debt for them b've to ten thousand dolían1 and this debt he uiust liquídate, prinoi. pal and interest, with gold or it equivalent, or go into bankr lipte. j. The consequentie of tho end of tte war with the debtor cla.as will be to increase every man's dehts about 125 per ctnt. An obligation of $4000 will become, in practical effect, $10.000. That is, it will require property or labor dow worth in currency 810,000 to pay it, A note outstandiug drawing ten 'per cenï Tn'erest, will then draw what trould now bo equivalent to tveoty-gre per cent, or thereubouts, to saj nothing of the principal of the note, the diffiouUy of whose payment will swell in a correspouding ratio." "Taking them one with annther,'' sakï the Rev. Sydney Smith, " I believe my eongregation to bo the most exemplary observers ot the rtiigious oidinanues; for the poor keep all the fuste and the rich all the fensts." The ugliest of trades, snid Jerrold, have their raoments nf pleosure. No if I were a grave digger, or a hangmaii, there are some people I could Wdrk for with a great deal of enjoyment. The wnterworks pipes of Charleston, Masa., recently got stfippad up. Ai investigation was made, and one pipe was found to be eompletely tillad with live eels, 2,500 pouods of which vere removed. The St. Louis Rrpubhcan SRyslier i no doubt a full anel fair vota in & iouri would have givtn 20,000 mjoritj Bgainst Mr. Lincoln.

Article

Subjects
Old News
Michigan Argus