The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1873-12-12
Altt vi \ M ntAt,

Ntt' hasit u fsnairH II aslis sHa !
vii W tNal Nv n ruAslwet ssn. y
,AFH that ,hls resistant in1tlswiH.a
n n~s alsalaisis ue~tsaft tvs f.sl
~ sks tessiss anA stsaal rss' II III
ttrils ss4srm II 'hr Ats rls%e n-ss
III NIL iHlrlss~lns~ ltA~. m in.rtrsl
which slvHr "A ,Hufr than utd,nass pm
H. ~ any farm tasinrss, and In III
nes', aai ~hieh !. II mnf@ tpnsr ia.ne,
payments hasr H. Nv made must se,s
stsll, whss ssne rr'r " rtaref., !
liver than Al u,les sAstns II she YEA
and la,ge ssrfiiees have " " msd'
Il, maintain the debtors credit vi ,La
he ma, be able a Immediately IT, |,
debt again AnL this II s,meshin,
l'ku the VA, many ,nen console them
selves for The sacrifices they make I,
IN, their ,leLssl III II dpes take nrarl,
all ~, crop 10 square pp with tho mer
chant aid others | shall have ny cred
II NJ frs.nrro IL Tall back IN until
rrpduer another, ~ Ii duas not setl
ous'y matter Y Others bpIirye thai
when they can ut credit thui she,
Ind better nsa their money. II tho,
have any, IN tho purchase of some pre,
petis that will DO increasing In value.
which they could MI do II the, used Il
fvr current expenses. Tho mistake VI
'hi. plan H. thAs any man spllins good,
or doing any business upon credit.
must make ,is prices AMI charges 10.
only cv,or interest IN hin credit amount,
hat lotses from bad debts nlso; NJ that
Tho farmer, instead u saving interest,
as hc nuprpcs. IL lusing double inter.
tr., while ser, likel, tho speculation
that DO counted upon In tho other use
" l,is mone,. nj only fails, but ofteu
times prove. disastrous The category
~ causes that serves ~ enrich so,ne
mud Impoycriuh many. has 10 moro
prominent ones than tI,e credit system.
Debt Ii pmpl'Atically tho poor mans
master, All dob.s centre In tho wealthy
aud - them they are virtually duo, II
tho poor mai, owes thu merchant. that
same merchant owes that same amount
and moie. u thu Wholesaler; tho whole.
salur vwes tho bank, Or money loansr
and thus Nil indebtedness ~ whatever
Kind places power aud intorert hnalI, IN
tho laiI,ls VI the riub. Farmers and
others may eolne ,nue', nearer Keeping
clear " debt wl'en thuy Iealixs thu NO
cusni,y 10 IL ~, than they suppose.
No pressure " circumstances induces
Tho farmer 10 part with tho .san,. tools
ani Sod Tint l,e mods 10 wrfk bis
farm With Ile appreciates tho im.
rcrlanee " being thus prepared for
tho coming year, nnd when farmers
fully appreciate thu benefits ot eash
which are ops.afh " .hcir
outlay. They will And somc way ~ raise
tho money, ~ MT buy until they have
Ilone ~. hut wc eannOt wonder that
lhtmers aud al others VI easily eDn-
trie. tho leLl seeking habit. whom
.,'el, national, state aud corporate ~.
amples ara sol them Tho economy
tl'at ep'nmenls it1elf III private affairs
II jus. =. applicable 10 public onss. and
lrr thousands 10 70 III debit collectively
Il 10 bolier or sonMlw In principle,
than for nn individual 10 10 ~.
4 failure 70 met financial engage.
nonIs extends = gool DIAL further tl,an
parties In immediate contact III ~
rult. like vibrations VI tho atmosphere
extend In all directions until df.npalui
IN tho great suA VI commerce and ".
change, II will be groAt lesson 70
learn. but Ii naycrthplupa viii yet hs
learned, shut neither nations, Atats
mnniripallties nor individual. should ~
IN debt, ~ 4 business principle, War
debts cnn bs abolished BY uAtipnal
arbitration, Iherp II ~ mprs ~.
eesally IT, natlna ~ war Will, eacl,
other than f,r lhoss rtasps ~ do 10.
A confederation u nations fpr tl,s pur.
lpose " afbisrating national difficulties
!. Just ~ feasible sud possible ~ 4
confederation VI states III Same nation.
For states Or counties 10 Incur dybts
" build oslensatio1s public Lniilinga
i Just ~ reIrelcnsIbls - for IN In.
di,idual - Do il,u same thing, 70,
country u morlxage itself for public
improvements Il - uawiss ~ Il would
bs 70 mortgage tho farm % build tho
l,ouse. Why do mon behave thal
whAt woald " moss pvsncious ~ pri.
yats affairs become. sound and polite
whom communities adopt itY II II h
pminsosly good management " shs
individual 10 10 without lhs luxury u
convenience until Il can bs paiA for.
Why not equally - far somn,unisiss
EnIargIng tho srsnsagtion docs not D.
ssr Tho principle but " ths contrary. Il
tho priueipls ~ wrong, makes nat
svrs - mueh worss . ths Sssnssssiot
b larksr II Il worse fos 81 snsist
people - b heavily n debt than N
hers and thsss N isAividuai 10 - ~