Letters From the Hon Abbott Lawrence to the Hon William C Rives of Virginia
Letters From the Hon Abbott Lawrence to the Hon William C Rives of Virginia
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\\ e have now come to a point of depression in the greal business of the coun- try, which has attracted the attention and anxiety of all classes of people, all having fell its blight, excepting the great capital- ists and money holders, who are reaping golden harvests by the purchase of property, which the wants of the unfortunate throw into the market at ruinous rates. It is now seen and felt from the low wages of labor, and the great number of per- sons unemployed, with the cries of distress ...from all quarters, that it is the labor and not the capital of the country that suf- fers by violent revulsions caused by unwise legislation. Have the people of the South and West forgotten their troubles of 1S37 to 1842 — to the hour of the passage of that Law. Which has redeemed the credit of the Government, and restored pros- perity to the country I 1 have intimated that there is less capital in the new States than in many of the old ones: it will not be denied that the monied capital of this country is held in the Northern and Eastern States, and that the South and \\ are usually largely indebted to them.
What to read after Letters From the Hon Abbott Lawrence to the Hon William C Rives of Virginia?
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To quickly assess the difficulty of the text, read a short excerpt:
\\ e have now come to a point of depression in the greal business of the coun- try, which has attracted the attention and anxiety of all classes of people, all having fell its blight, excepting the great capital- ists and money holders, who are reaping golden harvests by the purchase of property, which the wants of the unfortunate throw into the market at ruinous rates. It is now seen and felt from the low wages of labor, and the great number of per- sons unemployed, with the cries of distress ...from all quarters, that it is the labor and not the capital of the country that suf- fers by violent revulsions caused by unwise legislation. Have the people of the South and West forgotten their troubles of 1S37 to 1842 — to the hour of the passage of that Law. Which has redeemed the credit of the Government, and restored pros- perity to the country I 1 have intimated that there is less capital in the new States than in many of the old ones: it will not be denied that the monied capital of this country is held in the Northern and Eastern States, and that the South and \\ are usually largely indebted to them.
What to read after Letters From the Hon Abbott Lawrence to the Hon William C Rives of Virginia?
You can find similar books in the "Read Also" column, or choose other free books by Abbott Lawrence to read onlineMoreLess
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