Holmes County Republican. [volume] (Millersburg, Holmes Co., O. [Ohio]) 1870-1895, 1874-01-08

TEE PROSPECTS, OF 1s74.-It is usual
| ly customary at the beginning of new
year, TO take a view retrospective and
prospective. Not that it Is any more
easy to look back or forward at this
particular season than at any other, but
the first Of January is a sort Of mile
post in the journey Of life, and the peo-
pie think then as they may not at any
other. In looking back through the
past year, we are obliged to acknowl-
edge that it has been year Of plenty
and peace. Prosperity has been the
lot of the great mass of people in this
great country. This is a great source
of satisfaction, yet there are those who
are not satisfied. They, who have lest
money, are dissatisfied. They who
have not made as much money as they
expected to make, are dissatisfied. This
all comes from our great anxiety to be-
come rich. We toll and wear out our
lives to acquire that which we can en-
joy but moment, and then must leave
it. It is not alone, the young and rig
erous, who thus toll, and scramble for
wealth, but the old man who is stand
ing near the brink of the grave seems
often more intent upon accommodating
these heaps of riches, than he who is
just setting out in life. 1t is this ever
lasting grasping and over-reaching that
has caused all our financial troubles
during the close Of the past year. Let
us hope that moderation may enter as
an important ingredient into all our
actions in the future. During the year
1873, neither famine, pestilence nor war
has devastated our land. Therefore we
ought to be happy and prosperous. We
have been prosperous, Notwithstanding
the panic. The real prosperity is great
er perhaps because OF the panic. There
must Of necessity be prosperity in a
country where crops have been suffi-
ciently large, not only to feed our own
people, but to supply food to many
millions in other countries. There is
also progress in the development of
our mineral resources. 1t is true that
number of mem. not satisfied with the
millions already made, expanded be-
yond their means, and the consequences
was a collapse. These men falling
struck other bubbles, and they explo-
ded likewise. For time industries
were hampered and suspended, but as
soon as an equilibrium could be obtain
ed, confidence was again restored, and
trade set upon a firmer basis than It
had been before. The froth has been
skinned of, and nothing but the gen.
uine article IS left. The nation has
learned one great lesson from this PAN
ic, and that is: @Earn before you spend.'
aPay as you CO." is motto that should
be set-u up in every household in the
land. Living on the future is not q
good plan. We enter upon the new
year cautiously, but with confidsnce
nearly restored. Let each one profit by
the past. One thing we should remem-
Der, is that a paper dollar now is worth
more than in the days of imitation, and
must go further than it did then. The
prospect for the future is certainly
bright. We had good harvests during
the past year, and the prospects, for en-
abundant one next year is encouraging,
and decidedly favorable. The markets
are growing firmer, money is beginning
10 circulate freely, crops are beginning
to move briskly, and every indication
goes to show that gsod times may be
expected in very short time.