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Show LIVE AND DEAD CAPITAL. 1 riu an aiii -lu iij th.; ii. l I'.. U-tm U-tm of iU; l.jili irut., n-lttiivi; id tL; iiraijiiiT . f f-u-r'-iyiri surrlu. i-jpitn!, e t:ik.o t!n: til.ittiij.i': Our bjii.i(ei jirtJTH;i i r y will n!w;jys Lc lur-ny a d-'iiwi-iQ while we u-mimir lo Lm bu.Ji lartje iiiii-.iN-rj. U do nut ('Tit-ct aiiy inun ur I. fly in.n lo g'j iniij afjnl;w;iurnj Willi a ru-h. or with :tll 1 1 1 1; i r ruoii'-: Imr m, un--wlio i.i iut.TK.ir.-d in tin: j,rut t:niy of Lh ah. mi, J huvd Iwliuou ili.il i- iDnaiMt;, UL'l it L":rnTIil! y (1 nniLIe I'rom tivi: to l-n pr.'i-ut. ul all his surplus sur-plus mnti.-y inv.-itr-d in I lir -nto.-k or' huru.iul ft luafiulautuniiL; enlt'rin'iie, i'ouaiii L:l-;IJlHlll, ljj.oid Cjhl,j '-i M;iur M'dhy, 'linioiLy Ki.vorth, I'tst'T IxjimlniH, Jarnr.i Weir, iMayorj AlvonJ, and many uiln-ri wIhm; n:iuifi; ilu not now iM'rnr lo us, huvri ma.lc tjuitt; ai uni.-li iitonrtv lor ( Iumii -ul ve s, ! truhuhly, in d'tvuiupin tuiioi.tm'iiiring in tt'i'6 it.i m I liny could huvo mnU in : any otli.-r prolusion whuii-v.:r, though i I hoy undoiiLi.'dly lud Inrd work audi Uiuny ditii-ulii' to ovnoiiii1 hy lh.-' way in duinn it. Hut mV(f tli.-y not tlmr n-wurd, iudi'jtiia.lufiL ui' and hj-1 yood the ui. ro pecuniary cuitsi-Jura- lion, hinof th.-y cud jn.itly lay claim, to Using nity and Slate huildcrn'.' Thai pawn -brukiiijf liioooy lond-T and the" triiLy sloi-k r.hurpr make their uionwyj tuMi-T, it i.i Inn;; hut i.i tli.iro the same titelinjr of Matiifuut ioa in their ca-e thai the rtu'.:es.ilul and hoiiuruhle munul'ac-l turrr lii.i in tlie uiuney hti ha a made? ! What in here kiM of the policy ol j encouraging home industriej i.i as ap- plieaLle to lilali as to California. The proMptirity of a State that produce ouly, ia always ami everywhere tributary tribu-tary to one iliat manufaeturtM. (tab iiii.:o hor .tettluinotn has done well in the matter of oneourujfing home manufactures; man-ufactures; hut we ara still dependant upon the outnido world lor many arti-ult'N arti-ult'N that can and outfht to he nianu-facturcd nianu-facturcd at home, and to pay lor which, drains the Territory of the oarniofs that miht vha ho employed in developing devel-oping our mines, buiMinj; factories, and constructing internal improvements. improve-ments. The livll'tm justly eulogies tha cla.-s of men who invot their &x plus means in undeitakins that help to build up tlio State, and ccmnirea as they dcsuivc lo be, the cent, per con!. Shylocks, who reap a large share of the protits of paying ontorpri.sca which in their infancy tliey refused to assist. ui euiir-e no capitalist can be com-pcllud com-pcllud to inve.it his moans against his inclination; but the law can encourage the use of capital in enterprises that arc of public, as well as private benefit. Legislation should be liberal toward." liberal, ontcrjH inin-; men and corpora tion.i, and care should Le taken that dead ur hoarded capital does no), as fVriiuently happens, ocupe U luir fharo of taxation. Taxation nuteri-aliy nuteri-aliy hc!.s to keep capital active; bul in the lack of an indirect mode of cm-; pellinc enterprise, sordid scltiIine.ss onght to eneourase the establishment of liome indiL-trics, and the construction construc-tion of interna improvements. Tho prolits upon all kindi of improvementa are greater indirectly than directly. Kvcry mile of railroad built in thisTer-itory, thisTer-itory, enhances tlie value of real estate along its line, and increases the protits of the fanner hy li's-vniug tha co4 ol trmisporlatiou of his prod uet k to a market. In this manner shareholders in railroads often realize a profit upon their investmenis, much greater than the smouni of their subscriptions. Tho establishment cf manuliictorics, and the erection of (nartz mills and smelting smelt-ing works, benefit the .'cneral public in a variety of ways. Kvery house built in this city inerea.-e the value of tho neighboring properly. In fine, as we have said, in default of enterprise, sheer scltihoess houU induce capital-iMa capital-iMa to invest a portion of their means in such improvements as we have suggested. |