The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1877-03-26
DIR. HALL ON sHARD TINES"
A Lecture to WOrkinRmen at the Greenwich
street Reading room.

Lecture to WOrkinRmen at the GreenW1ch-
street Reading groom.
In the third story of 1856 Greenwich
street is situated free reading-room
for workingmen, which was started
| eighteen years ago, the idea being to
educate poor children. and furnish a
reading-rOom tor workingmen. There
are at present over two hundred attend
ants al the school. In the little reading
room DR.. John Hall spoke last evening
| before an audience composed OF perhaps
one hundred and fifty workingmen and
women on lizard Times"
Snow, don't suppose you have the
slightest interest in the discoveries of
| Agamemnows tomb at Mycen@, and l
don't suppose you care whether Poca-
hontas had red hair or not, or, indeed, if
she had any hair" he said, shut you
have an interest in subject like this.
In some of the countries OF Europe, from
fifteen years after the battle of Water
loo, great many oeople had what they
called good times But they were not
good times to the men who were losing
their lives on the batJle-helds, or their
| wives, or the orphans, nor for the country.
| The hard times through which we have
been lately passing began about three
years ago. | was with q number OF
| friends on the steamship Algeria, and
| Just before we got into New York pilot
came aboard, bringing with him hand
full of papers. The headings telling Of
failures and panics, created great ex-
citement. A gentleman seeing that
there were not enough papers to go
around, said that he would read the
news aloud. l shall never forget that
sight. There were men on board who
were losing everything they had. One
man came on deck and glanced at one
of the papers. If he had been shot he
could not have walked away with a
different expression on his face.
People got to overmanutacturing and
we got to making money for ourselves
q little too rapidly. Suppose that a few
of us gentlemen should for certain con-
siderations give each other our notes
until we have issued 100000 in that
way. The banks are anxious to make
money, SO they discount our notes. This
sort Of money goes around we'll enough
for some time until the banks want real
money for these notes. Somebody has
my note for 500, ,00O-only think OF it'll
IDr. Halps note for 100000! tell them
that if they don't press me very hard,
and if they give me time to realize ON
what have, l can probably be able at the
end of eighteen months Or SO, to pay them
l5 cents on the dollar. (Laugnter.) /
will suppose to you the case Of a rich
farmer. In good times he said, Tve
got farm that is worth $20,000. That
seemed a great deal of money, and he
thought he could live extravagantly
But now it is worth only $15, 900. The
farm is producing just as much, the cat.
tie are just as fat, and he can sell them
at a better price to be sent to England
Now, this farmer who thinks the times
L. to II ff1Iy ~ W ~ n
great many who think 3d."
In speaking of the different uses for
which people might make money, Dr.
Hall said: sit is proper for men to
make money to give. l am told that
Young men throughout New England
are ashamed to work with their hands
but think of Stewart and Vanderbilt
and Astor, and want to go to the great
cities to make money by their brains
OF the hundreds that have done this on
. ly five per cent. have succeeded. Now
suppose laboring man, making
} perhaps $40 per week. 1t costs
him but SS to live. At first he
: thinks of spending that odd 81, but 9
friend says: You may be sick some
time or get married, and need it, So ht
saves it. A man may save money tina
he may enlarge his capital. You know
, | now muCu n"S pSoh o"iu "S"h"o' o"PA
People have even said that capital is ;
crime. You know we'll enough tnat cap
ital is not crime, and every mau shoult
try to increase his capital. Every maj
should keep those things before him il
that order, but they are apt to reverse
them"
; Further, DR.. Hall said that there Wer'
some people who deserved hard times
: | and in Illustration he told of a lottery
scheme he had been shown which stlpu
| lated that every ticket should draw
prize Of at least $50, and that the tickets
sold for only $40 each. There Will b.
/, another lecture at the room next Friday
avaninu-rN v World,