Indiana American. [volume] (Brookville, Ind.) 1833-1861, 1854-11-24
MORE Apour HARn rrmre

The principle cause q, the present
hard times can be Justly attributed to
nothing else but extrasAgance--noi
Of the States. norshs nation. but oil
Individuals. When we say. that we
have bought more thsnwe are able
to pay for, we do not say it In a gener-
oil way or as something to be repeat.
ed weekly like a form OF prayer, but
ms something applicable to the great
majority ofall the families in the Uni
ted ss,ssss. This extrsyagsnee ap.
plies exclusively 10 no single, or to
no half dozen departments Of he. but
70 ell. above that which. supplies its
common necessities. Il commenced
in small things and went up TO large,
IL began, itmay be, in milliner's shop,
and ended in speculation, q brilliant
bubble. or splendid houses. and-a
sale by the Sheriff, To say that we
have gone too fast, and too far would
be but the REPETITION of an old saw,
that has grated on every old woman's
ear for ten years. That we are pro-
gressive and speculative, that we make
large drafts on the future. endorse
them with hope, discount them with
credit. and draw the proceeds at sight,
arc but characteristic Of our people
But instead Of their general traits,
we must bring up individual appli.
cation.
The gentleman who wears n fifty
dollar coat, whose materialscame from
France. who sports twohundred dol.
lar watch, "a gem in its way, doubt
less. from Geneva. J and who sips his
rare wines from MADEIRA, has no right
to dismiss this subject without rehec.
ton and discussion. His wife and
daughters. too. have an interest In the
matter. Those magnificent silks al
from three 10 six dollars a yard, those
splendid cloaks so cheap at sixty. those
loves Of bonnets at twenty-five, and
such exquisite handkerchief ut thirty,
oil have voice in the matter. II is
ofno use to state that our Importation;
have been excessive. and IL Is a pity
thatthenaughty importers should have
so drained the sountry Of It's gold; fol
wherever there Is no demand. there is,
Of course. no supply.
Every one has observed within q
few years a great and rapid change in
our style Of living and its expenses
Some OF this is Legitimate from n really
increased ability. but much is false
hollow and deceptive. Twoy years age
our railroad enterprises were in full
tide of successful operation. Bond:
sold readily lin foreign markets, credit
was expanded. property went up, and
not only all the world, but the rest Of
mankind. slapped his trowsers pocket
and thought themselves rich. We
need not attempt to trace the results Of
this general inflammation through all
ranks Of business. Like the heart al
the centre Of the system, It governed
every interest in the country with
which dollar is connected. It's worst
excresence, that which reflects the
least honor, or rather the most dis
grace, was the personal extravaganza
We have spoken Of. Money was Dor.
rowcd to furnish houses with q luxury
that rivalled that Of Sybarite, debts
wero contracted for the accompanying
dresses, jewelry, gew-gaws. dinners
parties, and balls considered necessary
to maintain false position, and SO i
went on, until the airy and deceitfu
.abric came tumbling down upon theil
ears with crash. Men did thes,
things who supposed they were able tc
do them, and when they found sucl
was not the case. had not the mora
courage to stop.
II the money expended in this ex
trayagance had been diffused among
our own citizens, the.inconvenicnce W,
now complain Of would be much less
But we must send one hundred anC
twenty-five millions to England fo
manufactures, Of which we could have
produced many at home. and don,
without more--and we must send thir
ty.thrce millions TO France for silk
and brandy. Is il any wonder that W.
have hard times?
-,
A INV EscuLEsr.---A new uber
the Chinese Yam. has been introdu