Northern tribune. [volume] (Cheboygan, Mich.) 1875-1885, 1875-07-24
THE HARD TIMES.

Almost every person has his peculiar
theory regarding the cause of the hard
times which are now being felt through
out the country, and having the theory
of the cause, of course he has still more
definite theory Of the cure. AS with
individuals, so with newspapers, which
are in fact but opponents of individual
ideas. Ever since the crash came upon
us two years ago, the newspapers have
been teeming with theories of the cause
and cure. One would talk wisely about
there being scarcity of currency, and
that an expansion would remedy all the
imaginary ills and place the country at
once upon basis of general prosperity.
Another equally influential and well-in-
formed journal would speak as wisely and
profoundly, taking the ground that no
lasting prosperity could take place until
the business OF the country had reached
point where values were fixed upon a
gold basis. It is not surprising that the
sentiment of the people is conflicting
upon this point, with such contradictory
teachings constantly before them. Po-
litical parties have tried to make plat
form upon the currency question, but
there has been such difference of opin-
ion among the leaders of the different
parties that we have the platforms of the
same party in different portions Of the
country totally at variance upon the
money question.
While political orators and political
schemers, and the newspaper press have
been laboring to educate the people of
the country upon this important subject,
and after two years labor have left them
with opinions nearly as diversified as in
the commencement, the natural resources
of the nation and people have been slowly
but surely bringing the business of the
country back to legitimate aud healthy
basis. Whether our commercial in.er-
ests have seen their lowest ebb or not, it
is hard to say, but it would seem that the
lower round of the ladder must be nearly
touched, and that the ascending scale
would soon be commenced. When this
time comes those who have successfully
passed through the ordeal will no doubt
enjoy an era of prosperity which will
amply repay them for all the trials and
perplexities Of the past few years. Then
it will be seen that not the learned dis
cussions of journalists and politicians
but the great resources of great coun-
try was what brought prosperity out Of
impending ruin, When this turn is taken
we can look for rapid improvement in
this section Of the State. The railroads
will be pushed to completion that have
already been commenced, and new pro
jects will spring up. The tide of emigra
ton will turn northward, and people
and money will come amongst us. JUS
at what time this will come to pass can
not as yet be told; but would it not b,
well to anticipate such result, for a
sure as business activity and prosperity
comes to the country, this result must
come and we can hasten it if we will
Would we as town reap the full adj
vantages we mustprepare for it. This car
be done only by giving the outside worlt
full Information regarding our advantage.
so that people will come here and brins
inhabitants, business and money witt
them. Could this be done we would
hear no more Of hard times in Cheboy
gan.