Northern tribune. [volume] (Cheboygan, Mich.) 1875-1885, 1877-08-04

lcrowd OF boys, as. he re ,ched the step
why should get my monev?r he an
swcred. '''rh's banks all safe-I don
scare like these Dutchmen." 'Thre,
cheers for the bank % Three cheers fol
Didiey!" went up from hundreds O
i youthful Threats. The older folks stool
awe-stricken. The confidence of til,
newsboys asserted itself among them
and by noon the panic was stopped ant
4 the crowd had disappeared. The Presi
dent told me afterwartl that Diley savet
the bank. as Il continuance of the rush
4 would have embarrassed them bcyon,
redemption before they had time To dis
pose of their assets ut proper price.
Hard Times.
The Popular Science Monthly says
Production and consumption do not have
!, that i"iilnate relation To each other they
once had. In old times the weaver, fol
instance. was IN contact with his custO-
I merS; ne wove the cloth us Inc discovered
the need; he cautiously set up the
second loom when II became fully evi
dent that it could be kept Employed; and
thus supply and demand went, us it were,
hand i'm hand. But now gigantic mills
filled with many spindles have little ac-
/ curate relation to consumption. The
power of production by means of i'm
1 proved machinery is something immense.
and it is exercised with~nO very watchful
or cautious regard to the immediate
needs of the community. Goods are piled
up i'm vast quantities i'm waiting for a
future market, or for an anticipated
change i'm price, or they are pressed upon
| the market at such low rates or OIL such
long credits that buyers are seduced into
over purchases. In favorable times these
establishments are run at high pressure.
The olti.Sashioned nice relation between
producer and consumer disappears. Spec
ulation takes the helm. Much more is
produced than there is corn, leather or
other goods, TO exchange for it. The re-
sources of the mills are great; they can
borrow from banks while they pile up
their fabrics in their warerO0ms; they can
by mems OF their concentrated capital
keep their machinery running, even at a
loss, If by so doing they can crush out a
rival or manipulate the market. But In
the height of this prosperous run there Is
a check-no matter for what cause-and
suddenly the work stops. There is little
sale for goods produced; the firts must
be put out. the doors closed, and thOus-
|
ployment. This would not be so un-
fortunate il this Over-prOductiOn had
been tliffilsed among the work-peOple.
But it hail not. Notwithstanding the
pressure and the excessive manufacture,
wages have been kept down; while pro-
ducing in six months as much as could be
exchanged i'll year, the wOrkmen have
not been paid i'm this way-their wages
of vI,Dlo
years wOrk-;ls result, they are turned
empty-handed upon the street. And,
what is particularly unfortunate, they are
reduced as consumers to the minimum
point. Here the evil works both ways.
The excessive prOdn, ton which has shut
up the mill has weakened the powers of
the community to absorb this production
the goose that laid the egg has been
slain. Inevitably the recovery of hard
times brought about in this way must be
slow. The spindlcs cannot be set in mo-
ton until the stock of goods OIL hand is
reduced and fresl, demand revive; this
deiEand cannot revive because the great
body OF consumers are In a state OF i'm
poverishmen.. This condition of things
is entirely sufficient to eXplail the gem
esis and the prulOngstiOn Of business
prostitution. Capital is not impaired; il
is locked up in machinery that is silent,
i'll goods that cannot be exchanged, in
money that has 10 borrowers. 1t is the
paraly sis of consumption that Is the cause.
Avian Who Says He Doesn't Sleep.
The man who does not sleep, SAUL
ders, now resides near Parkersburg.
Some time I'm 1861 or 1862 Saunders en-
listed i'm the Fourth West Virginia Vol
unipers. For several years he had not
slept at all, so he says. But it becom
ing known directly i'm camp that he
made such professions, it aroused the
curiosity of many Of the men and officers,
and they set a watch upon him. am
told BY colonel that he and many others
lost a great many nights sleep in en-
deavoring to entrap Saunders, but dur
ing the whole time that he remained "a
member of the Fourth he was never
caught asleep. He stood guard night
after night, AMI week after week, paid
by sleepy-headed soldiers to take their
turns, but never was caught mapping.
He hauled coal several weeks in succes-
sion. only stopping long enough to eat
and change horses, and plOwed IN the
fields with five or six stalwa men until
he..wore them out completely, but never
seemed to tire. During the year 1868. /
think it was,hc went to Plliladelphiaand
was examined by the leading physicians
of the country. They sat up with him
i'm relays of five, night and day. and kept
up an almost constant sire: m of CONVEX
sation with him, and at the termination
of 20 days discharged him with a certifi-
cate.but could give no explanation of this
freak of nature. Many stories of the I'M
firing energy and activity of this man
are told, and all agree who know him
that this antipOdes of Rip Van Wrinkle
is the most sleepless man they ever met.
Mr. Saunders is now about 56 years of
age, and says that he has not known
what sleep is for Is years. He himself
can not account for it, as he says the
change in his physical organization &C.
Cured within three days, and that he
meyer was sick. In his life, and took
medicine but once, and that was when he
had catarrh, about three years ago.
He is hale, hearty man, and bids fair
to NAtnany years yet. He is eonsci-
opposed to making display
of himself, or no doubt would long ago
have been before the public as one of
the human curiosities of the world
Commercial.