have any confidence. Only a minority is trying to adopt the new order of things. A large number of the plantations, probably a considerable majority of the more valuable estates, is under heavy mortgages, and the owners know that, unless they retrieve their fortunes in a comparatively short space of time, their property will pass out of their hands. Almost all are, to some extent embarrassed. The nervous anxiety which such a state of things produces extends also to those classes of society which, although not composed of planters, were always in close business connection with the planting interest, and there was hardly a branch of commerce or industry in the South which was not directly or indirectly so connected. Besides, the Southern soldiers, when returning from the war, did not, like the Northern soldiers, find a prosperous community which merely waited for their arrival to give them remunerative employment. They found, many of them, their homesteads destroyed, their farms devastated, their families in distress; and those that were less unfortunate found, at all events, an impoverished and exhausted community which had but little to offer them. Thus a great many have been thrown upon the world to shift as best they can. They must do something honest or dishonest, and must do it soon, to make a living, and their prospects are, at present, not very bright. Thus that nervous anxiety to hastily repair broken fortunes, and to prevent still greater ruin and distress, embraces nearly all classes, and imprints upon all the movements of the social body a morbid character.
In which direction will these people be most apt to turn their eyes? Leaving the prejudice of race out of the question, from early youth they have been acquainted with but one system of labor, and with that one system they have been in the habit of identifying all their interests. They know of no way to help themselves but the one they
