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You have made many of us aware of this sordid history in The Nation's past. I don't see the point that you were attempting to make by posting it now. On Fri, Sep 29, 2017 at 1:25 PM, Louis Proyect via Marxism < [email protected]> wrote: > ******************** POSTING RULES & NOTES ******************** > #1 YOU MUST clip all extraneous text when replying to a message. > #2 This mail-list, like most, is publicly & permanently archived. > #3 Subscribe and post under an alias if #2 is a concern. > ***************************************************************** > > We have spoken several times in these columns of the grossness of the > disorders in which the government of several States is plunged in the hands > of the negroes and carpet-baggers, gathering our opinions simply from > newspaper articles and correspondence and occasional private advices. Very > recently, business men of the highest character, both from this city and > from Boston, have been examining the state of things there with reference > to investments both for themselves and their friends, and, of course, one > of the very first things to which their attention was turned was the > government, for govern ment means taxation, and on the manner and amount > and application of taxation depend the rate of profits, the prospects of > immigration, and the probability of internal improvements. No man will > willingly invest much capital in a State whose revenues he has reason to > believe will be squandered, or credit destroyed, or whose legislation > cannot be depended on for a reasonable degree of uniformity and honesty. > Now the reports of these gentlemen—and the two we have in our eye have been > ardent Republicans and supporters of the Reconstruction policy of Congress, > and do not believe any other policy was possible or desirable—describe > things as being nearly as bad as bad can be. The effect on the freedman of > the spectacle of large bodies of his fellows in a state of the grossest > ignorance put suddenly in possession of the government of great, civilized, > and wealthy communities, is of course as demoralizing as the sudden > discovery of a parcel of diamonds, and just as likely to turn his mind away > from steady industry, and to destroy his faith in the political value of > knowledge. But this is not the worst of it. Their management of the State > funds has been such, and is such, as to endanger American credit > everywhere, to frighten away capital, and make general bankruptcy at some > not very distant day by no means improbable. Moreover, no society was ever > long subjected to such a regime without suffering in its very vitals, > without finding the stock of honor, truth, decency, and patriotism on which > it has to draw every now and then, to carry it through exciting. times, > greatly and perhaps fatally diminished. > > _________________________________________________________ > Full posting guidelines at: http://www.marxmail.org/sub.htm > Set your options at: http://lists.csbs.utah.edu/opt > ions/marxism/dmozart1756%40gmail.com _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
