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Our Connection With The South

Our Connection With The South image
Parent Issue
Day
19
Month
May
Year
1845
Copyright
Public Domain
OCR Text

bomO stir has been made in the business circïes within a few weeks, by tho failure of a largo mercantile firm in New York, which was engaged in the Southern trade. There are indications thtit other firmsin the same trade will follow their example. The firm alluded to is said by the newspapers to have foiled for $600,000, of which not more than 25 per cent. will be paid, making a clear loss to the northern creditors of the firm, of $.150,000; a loss which will be shared by lmndreds of industrious, hard-handed northern laborers. It would seem that if ever the North were to learn, by experience, the worth of "southern trnde," they have had the opportunity long ere this. Bankruptcy afier bankniptcy has swept over the counry, draining millions upon millions of orthern capitnl, into the bottomlessgulf f southern thriftlesslcss, and every body s awate of the f act, and every body is old the cause; and yet, with the cause onstanlly operating, our merchantsheedessly Iiasten to send their own and their leighbors capital into the ever yawning gulf. lf our southern trade must always opérate in this way while slavery exists, it stands our business men in hand, for the sake of their business, lo help us abolish slavery. Not only does our connection with slnvery gives us maiters, to rule us politically, but iurnishes us masters to spend our earnings.It is saidthat ihe Middlesex Co., Lowell, lose by the failure of the New York house S50,000. The southern gentry will appear next winter at Washington, in the superb Middlesex broadcloths and cassimeres, made from the wool of northern sheep and wrought by ihe labor of nprthern hands, for which the enterprising proprietorsof the milis have not been paid, and brow beat and abuse Massachusetts representatives. and por ecntcrüpt '-';?cn free labor, in the usual overseer style, and our Representatives and Senators will cower before them as usual; probably a little more humbly, becauseof their splendid clothes. It seems to us that

Article

Subjects
Signal of Liberty
Old News